It would make sense that the growth of environmental, social, and corporate governance (ESG) funds would benefit an EV automaker like Tesla (TSLA). But why isn’t its stock getting an even bigger lift from ESG asset managers? Short answer: Not everyone in the business of socially responsible investments is convinced that Tesla, and its controversial founder and CEO, Elon Musk, is a pure play in the ESG world. To be sure, Tesla and its stock has made a lot of headway. “What they’re doing is… Source link
Read More »Here’s how America’s millionaires are positioning themselves for a recession — if you’re doing something different, you might want to think twice
Here’s how America’s millionaires are positioning themselves for a recession — if you’re doing something different, you might want to think twice With the U.S. economy showing some signs of stalling, talk of a recession is heating up. But it’s not just average Americans who are fretting about what that might mean for their finances. Even those with at least seven figures in their bank accounts are concerned, according to CNBC’s Millionaire Survey. The group surveyed — millionaires… Source link
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