Institutional Investor (June 10)
“From 2006 to 2015, only four ESG shareholder proposals at companies in the Fortune 250 passed with majority votes. But in recent years, institutional interest in ESG proposals has undergone a dramatic transformation: From 2016 to 2021, 41 ESG shareholder proposals passed.” With ESG proposal now regularly passing, we’ve reached “a milestone for ESG integration.”
Tags: 2006, 2015, 2016, 2021, ESG, Fortune 250, Majority votes, Milestone, Passing, Proposals, Shareholder
Wall Street Journal (January 15)
“Rising temperatures last year capped the world’s warmest decade in modern times.” Moreover, according to the same NASA findings, 2020 tied with 2016 as the hottest year ever. This came “despite cooling ocean currents and a drop in greenhouse gas emissions” associate with the COVID-19 pandemic.
Tags: 2016, 2020, Cooling, COVID-19, Emissions, GHG, NASA, Ocean currents, Pandemic, Rising temperatures, Warmest decade, World
Euromoney (January Issue)
In 2016, Donald Trump was the world’s “most effective central banker,” even though he held the post. “With his surprise election victory,” Trump “managed to do overnight what countless real governors failed to do for nearly a decade: steepen the yield curve.”
Tags: 2016, Central banker, Effective, Surprise, Trump, Victory, Yield curve
Institutional Investor (January 9)
“Tiger-related funds are not celebrating the market’s 2016 surge.” While some “stock market investors have been whooping it up after the Standard & Poor’s 500 stock index posted an unexpectedly strong 9.5 percent gain last year,” Tiger funds were left licking their wounds. Wrong-footed by the election of Donald Trump, many Tigers tumbled far into the red, undoing solid performance earlier in the year.
Tags: 2016, Election, Investors, Performance, S&P 500, Surge, Tiger funds, Trump, Wrong-footed
Washington Post (December 27)
“Europe has been so weakened by the tumultuous events of 2016 that it is left unprepared to deal with the three big foreign policy challenges of 2017:” 1) Donald Trump, 2) “the increasing power of Vladimir Putin,” and 3) terrorism.
Tags: 2016, 2017, Challenges, Europe, Foreign policy, Putin, Terrorism, Trump, Tumultuous events, Weakened
Bloomberg (December 11)
“Even for a country with a modern history as tumultuous as South Korea, 2016 has been an eventful year. This was the year that a confluence of business failures, political scandal and economic malaise brought the strongest signs yet that the system that made South Korea a global industrial powerhouse may be about to change.”
Tags: 2016, Business failures, Economic malaise, Eventful, History, Political scandal, Powerhouse, South Korea, Tumultuous
BBC (October 16)
“The second week of October will likely be remembered as the moment when the 2016 presidential campaign went careening off the rails and spinning into the void…. Gone is any semblance of moderation or talk of pivot and restraint. It’s red meat from here on out.”
Tags: 2016, Moderation, October, Pivot, Presidential campaign, Restrain
Bloomberg (July 20)
“Last month wasn’t just the hottest June on record—it continued the longest-ever streak of record-breaking months: 14. It’s no longer a question of whether 2016 will be the hottest on record, but by how much.”
Tags: 2016, Hottest, June, Record breaking, Streak
Institutional Investor (April 27)
With no major changes resulting at the Federal Open Market Committee (FOMC), “it’s easy to overlook the seismic shifts going on just beneath the surface that will impact policy and markets for the remainder of 2016.” The “astounding number of mixed signals and conflicting messages” emanating from Fed speakers of late is one clue to the divisions on the committee and the uncertainty regarding the U.S. economy.
The Week (January 6)
“For the Chinese stock markets, it was not a happy New Year.” The initial drops in the Shanghai and Shenzhen Composites were “an unwelcome reminder of two precipitous crashes that befell China’s stock market midway through 2015.” Things have leveled off and it’s true that “the performance of any country’s stock market has only a tangential relationship to the performance of its real economy.”Nevertheless, “the situation for China’s real economy isn’t exactly good.”
Tags: 2016, China, Real economy, Shanghai, Shenzhen, Stock markets