Guardian (February 10)
“Across the UK, firms and consumers are discovering costs of Brexit that Mr Johnson denied. That denial was born of a failure to understand the trade-off between regulatory autonomy and market access. The prime minister swapped seamless trade for notional sovereignty and passed the cost on to unsuspecting businesses. Naturally, he wants to blame the EU for any pain. These are not teething troubles in implementation of the deal. They are the deal.”
Tags: Blame, Brexit, Consumers, Costs, Denial, EU, Failure, Firms, Johnson, Market access, Regulatory autonomy, Seamless trade, Sovereignty, Trade-off, UK
Institutional Investor (August 25)
“ESG investments have proven effective at reducing risk and delivering returns comparable to those of non-ESG oriented funds. During the stock market collapse in the first quarter of 2020, Morningstar found that all but two out of 26 ESG indexes suffered fewer losses than their conventional counterparts. Studies from Morgan Stanley and MSCI have found no financial trade-off in the returns delivered by ESG funds relative to traditional funds.”
Tags: Collapse, Effective, ESG, Funds, Investments, Losses, Morningstar, MSCI, Reducing risk, Returns, Stock market, Trade-off
The Economist (November 2)
“On some measures, Japan’s labour market is as tight as it has been since the 1970s. America’s jobless rate, at 4.2%, is the lowest for over 16 years. Inflation has nevertheless been surprisingly weak. In other words, the trade-off between unemployment and inflation, known as the Phillips curve, has become less steep.”
Tags: Inflation, Japan, Jobless rate, Labor, Phillips curve, Surprising, Tight, Trade-off, U.S., Unemployment, Weak
