The Woke Street Journal
In the news:
Matthew Tuttle's Unraveling Market Myths
Nice Interview by Darin Tuttle (No relation)
A Conversation with Justin Bernier: Balancing National Security and Emerging Markets
Marvel Studios, the superhero-movie behemoth, endured its worst year ever at the box office in 2023.
Guilt by association? Even BlackRock Funds Buying Oil Stocks Are Banned by Texas ESG Fight-Bloomberg
Texas bars its public pensions from investing in 350 funds run by asset-management giants such as BlackRock Inc. and Invesco Ltd. because a key Republican state official says they “boycott” the oil and gas industries.
But a Bloomberg News analysis found that the 72 BlackRock funds on the prohibited list have invested more than $2 billion in the oil industry, while an Invesco fund allocates about 20% to oil and natural gas companies, some of which are also Texas-based. The TIAA-CREF Social Choice International Equity Fund has a nearly 5% allocation to fossil fuels.
Thank you Vivek. Study: Top asset manager backing for shareholder ESG resolutions crashes in 2023-BusinessGreen
Support from the world's biggest asset managers for company shareholder resolutions that seek to advance progress on environmental, climate, and social issues "catastrophically crashed" last year, despite many major investors remaining committed to meeting net zero emissions goals.
Big US Fund Houses Are Retreating on Support For ESG Proxy Votes-Morningstar
Increasing hostility from the political arena toward the consideration of environmental, social, and governance (ESG) issues in investing appears to be translating into sharply-declining support for ESG shareholder resolutions from the biggest US fund companies.
Is Harvard Business School too woke? HBS is a case study in the problems with DEI-The Economist
DEI is down but not out. Several states, universities and corporations signaled their retreat from diversity, equity and inclusion programs last year. Yet despite these developments, the movement remains alive and well thanks in part to the implicit-association test: a popular tool that has been used to claim that most of the U.S. is racially prejudiced.
The DEI Rot In The Airline Industry Is Way Worse Than You Think-Daily Wire
Censorship coming? World Economic Forum: Extreme Weather and Disinformation Biggest 2024 Global Risks-Breitbart
Wow, she really said that. https://twitter.com/DC_Draino/status/1745111037215473919
SC @RepNancyMace telling Hunter Biden he “has no balls” is better than coffee this morning
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