Putin’s War & Joes Inflation Save Bayer?

As progressive pols say never let a good crisis go to waste so their economists plan on winners & losers in roiled markets; so, once-criticized Bayer Monsanto Megadeal Finally Shows Promise thanks to war & inflation?

More specifically, WSJ says the “troubled” & oft-criticized $63 billion combination of corporate giants in 2018 is proving the naysayers wrong, yet only because the “German conglomerate’s agricultural unit [now] thrives as Urkaine war threatens [the world’s] food supplies” & related costs, including for energy, soar. Something about Russia’s invasion of Ukraine driving “demand for [US-based Monsanto’s] seeds & pesticides to boost global crop production,” which depends on farmers having access to fossil fuels. As a result, as the profits from inflated prices reach 40-yr highs, the stock price of the German agricultural-chemicals & pharma co. is likewise up 41% ahead of its rivals like BASF SE, also based in Germany.

What a difference a war and/or economic crisis has made for Bayer stockholders. It had acquired Monsanto expecting its reinforced pesticides, seed & high-tech crop businesses to boost sales globally as the world’s increasing population, well, increased. Then, along came a wave of lawsuits claiming Monsanto’s Roundup herbicide was causing cancer among users. The stock price nearly crashed. Then, along came Joe Biden and runaway inflation thanks largely to his untimely War on Fossil Fuels and Vladimir Putin’s untimely War on Ukraine. Suddenly, all’s well in Bayer land. Who'da thunk?

Davd Soul