Outside the Box: 3 ways to beat the heat as an investor

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Hotter temperatures could have a huge impact on economic activity.

As killer heat waves grip much of the country this summer, the investor in you may wonder: Is there a market angle to this?

The question may seem crass. But it is not unusual.

Money managers hire climate experts to advise on market angles. A few hundred years ago, entrepreneurs profited by shipping New England pond ice to warmer parts of the globe.

“The value of being cool on a really hot day is enormous,” says Spencer Glendon, a senior fellow at the Woods Hole Research Center, which does climate science research.

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