The Woke Street Journal
Interesting take.
Market
Tuttle Capital's Bearish Bet Against Regional Banks-ETF.com
Investing in AI Infrastructure-Schwab Network
Biggest news of the day was the move in AAPL, which added $215 Billion in market cap. Today is CPI and FOMC so expect a big move one way or the other.
ESG
Has ESG Turned the Boardroom into an Escape Room?-National Law Review
And while we are on the topic of politics, as the line between politics and culture continues to blur in this election year, boards will be forced to make even more difficult decisions regarding how to address and manage the risks that political differences pose to stakeholders. Escape room winners typically display quick thinking and deploy creative teams who communicate, delegate, organize and manage their time, all at the direction of a strong leader. It is no mistake these qualities inform a well functioning board. Perhaps the escape room is an object lesson for boards looking to unlock ESG and other challenges in turbulent times.
‘Climate cartel’: House Judiciary Committee GOP accuses Wall Street of collusion on ESG-Washington Examiner
Republicans on the House Judiciary Committee accused some of the biggest Wall Street firms Tuesday of colluding with advocacy groups to force participation in environmental, social, and governance investing, raising anticipation for a hearing featuring activist investors this week.
An interim report published Tuesday by House Judiciary Committee staff details what it describes as “new, direct evidence” of a “climate cartel” consisting of left-wing activist groups and major financial institutions working together to force companies to decarbonize.
Woke Companies
INVESTORS CALL OUT TARGET AND DICK’S SPORTING GOODS FOR GOING WOKE AT SHAREHOLDERS’ EXPENSE-National Center for Public Policy Research
Shareholder activists with the National Center for Public Policy Research’s Free Enterprise Project (FEP) will present proposals at three shareholder meetings on Wednesday — Dick’s Sporting Goods, Target and Caterpillar. They will criticize Dick’s and Target for their costly prioritization of progressive politics over profit, and will challenge Caterpillar on the issue of overboarding.
DKS looks like a potential double top….
TGT just continues to look awful, could be shortable with the 10 day as a stop.
So we are going to have woke AI and non-woke AI?
Woke
How an ‘anti-woke’ UK police chief turned around a failing force in just three years-The Telegraph
Things That Get Blamed For Climate Change
No, this is not from the Babylon Bee. New Zealand Reverses Left-Wing Plan to Tax Cow Burps, Farts-Breitbart
Israel/Gaza
Everything Else
Memos Show FBI Vetting Employee Over Support For Trump, Second Amendment-Daily Wire
An employee of the FBI had his security clearance revoked after the bureau investigated his support for former President Donald Trump and opposition to COVID vaccines, according to a complaint made public on Monday after it was recently filed against the Justice Department.
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