Why buy municipal bonds if the world is ending?

Why buy municipal bonds if the world is ending?

From initial public offerings of electric vehicles to environmental, social and government funds, the possibilities in climate-related investments seem endless. Still, a troubling trend is emerging involving state and local governments’ blanket obligations and their legal climate activism. The same jurisdictions that are suing energy companies for alleged damages due to climate change also state … Read more

Why we’re bullish on energy stocks

Why we’re bullish on energy stocks

Some investments are suitable for the timid, others for the greedy. US energy stocks may be a rare fit for both. The sector is an inflation hedge and also has home-grown growth potential if freed from shareholder-imposed mandates to comply with environmental, social and governance constraints. Energy stocks should continue to outperform as capital rotates … Read more

ESG and ‘Long-Run Interests’ Dodge

ESG and ‘Long-Run Interests’ Dodge

Don’t believe it when companies tout social activism as a benefit to shareholders.

The ESG threat goes beyond BlackRock

The ESG threat goes beyond BlackRock

Larry Fink can’t catch a break. He is chairman and CEO of BlackRock, the largest investment manager in the world with $8.5 trillion in assets under management. In the fight for sustainable investment and the spread of environmental, social and government policies across Wall Street, both sides are gunning for him. Red-headed state governors and … Read more

A Nation of Quitters – WSJ

A Nation of Quitters – WSJ

The unemployment rate was 3.5% in July, the same as in February 2020, but the US has three million fewer workers. Where did everyone go? This in an economy with 11.2 million job openings. It is mostly men between 25 and 54 who have not returned to work. Now a McKinsey study suggests that 40% … Read more

From migrant busing to climate change, false virtues abound

From migrant busing to climate change, false virtues abound

With a tight labor market, one would think that moving buses and planes of migrants to Democratic strongholds would be seen as an economic opportunity for struggling liberal plutocrats. If you were a leading progressive warrior for diversity, justice, and inclusion fighting it out in the trenches of Martha’s Vineyard, you wouldn’t be thrilled by … Read more

ESG does neither very well nor very well

ESG does neither very well nor very well

Trillions of dollars have flowed into environmental, social and government funds in recent years. In 2021 alone, the figure grew by $8 billion a day. Bloomberg Intelligence projects that more than a third of all global assets under management could carry explicit ESG labels by 2025, amounting to more than $50 trillion. But for a … Read more

There Is No Light – Official Launch Trailer – IGN

There Is No Light – Official Launch Trailer – IGN

There’s No Light – Official Launch TrailerIGN There’s No Light for PC launches on September 19Gematsu See full coverage on Google News