Fans of ESG might be in for a rude awakening as their rhetorical dream becomes a mandatory reality.
On the menu today: Volatility boosts bank profits, ESG (again), a defense of the financial media, and why studying economics will make you rich.
On the menu today: the Treasury market, ESG, and vaccine expectations.
Milton Friedman’s Shareholder Primacy Stands the Test of Time and Helps Many Stakeholders 50 Years Later
Joe Biden and CEOs emphasize helping non-shareholder stakeholders, but they ignore how Friedman’s shareholder primacy theory does exactly that.
Big-tech stocks are selling off, Euro Zone retail sales, around the web, ESG investing, and more.
International investing can, under certain circumstances, be tricky for those marketing the ethical approach baked into their investment process.
The attempt to legislate for society via shareholder resolution rather than old-fashioned elections trundles on.
ESG investment strategies are riskier than advertised.
The Department of Labor should stick with its proposed new rule.