Bloomberg (April 12)
“The feel-good days for global markets at the end of March are firmly over.” Suddenly, everyone is afraid of economic slowing. “With monetary support rapidly receding and recession risks rising, investors are hunkering down. Companies resilient to an economic slowdown such as health care are back in favor. Ditto cash and dividend-paying stocks. Meanwhile, demand for hedging is creeping up in the options market.”
Tags: Afraid, Companies, Dividends, Feel good, Global markets, Health care, Hedging, Hunkering down, Investors, March, Monetary support, Recession, Risks, Slowdown
Wall Street Journal (January 24)
“The financial industry has spotted an opportunity to make money by helping people feel good about themselves. Despite claims to the contrary, these investments don’t do much to make the world a better place…. The explosion of ESG investing… is mostly—but not completely—a waste of time.”
Tags: Better place, Claims, ESG investing, Feel good, Financial industry, Investments, Money, Opportunity, Waste, World
