New York Times (February 16)
“Fearing Trump, Wall Street sounds a retreat on diversity efforts.” Seemingly everybody is rushing to ensure “they don’t wind up in the cross hairs of the Trump administration’s campaign against diversity, equity and inclusion.” Among those scurrying away from DEI are “white-collar investment banks, consultancies, mutual funds and stock exchanges. The latest was Goldman Sachs, which said on Tuesday that it would drop a quota that forced corporate boards of directors to include women and members of minority groups.”
Tags: Consultancies, Corporate boards, Cross hairs, DEI, Directors, Diversity, Equity, Fear, Goldman Sachs, Inclusion, Investment banks, Minority groups, Mutual funds, Quota, Retreat, Stock exchanges, Trump, Wall Street, White collar, Women
Bloomberg (May 31)
“Chinese equities are once again in the cross hairs of short sellers…. The last time bearish bets were so elevated, such pessimism proved well-founded as China’s bull market turned into a $5 trillion rout.”
Tags: Bearish, Bull market, China, Cross hairs, Equities, Pessimism, Rout, Short sellers
