CHGX News and Press, Change Finance U.S. Large Cap Fossil Fuel Free From 10/03/20

Muted market reaction to first U.S. presidential debate. U.S. monthly job gains fall short of consensus forecasts. Market uncertainty increases following Trump COVID-19 diagnosis. For further details see: Is The U.S. Economic Recovery Slowing? What The September Jobs Rep...

You're going to be hearing the word uncertainty a lot over the next month. Uncertainty reigns supreme after President Donald Trump and first lady Melania Trump tested positive for coronavirus. Winter has come early for the UK. The weather has turned, nights are drawing in sooner a...

The first stage of the US economic recovery proved as strong as we expected, and even following the second wave of contagion in July, the recovery showed an encouraging degree of resilience. We expect third-quarter US gross domestic product to show a strong quarter-on-quarter rebound,...

News earlier today that the US President and his wife have tested positive for the COVID-19 virus has injected a new unknown into not only the US election but the markets as well. US shares are around 1.2% lower. European shares have recouped some of the initial sharper losses. ...

The dramatic move in commodities could be due to portfolio rebalancing at the end of the month, or it could be signaling that the recovery is running out of steam. Countries are doing QE to manipulate their currencies and get inflation, but their attempts to reflate their economies ar...

The reality that most small businesses close in failure underlines the risk involved in loaning money to such concerns. Still, it is difficult to deny the importance of small business in the overall economy. The Fed has played a major role in pushing inequality higher. Federal Reserve...

The second quarter of 2020 saw the worst quarterly decline in economic terms since the Great Depression of the 1930s. The third quarter of 2020 is the first recovery quarter, and that recovery is extremely sharp because it is coming from such a depressed bottom. Many economists ar...

It's a tall order but housing is enjoying a V recovery and history suggests that this key slice of the economy plays a critical role in the business cycle. Is this a macro silver bullet for 2020 and beyond? It's unclear if the August stumble in starts and permits is an early warning s...

We provide a check in our 10 charts to watch in 2020: both keeping score and addressing the "Where to next?" question. Among the key takeaways, we see global growth rebounding into 2021, with emerging markets set to surprise. We see underappreciated and underpriced upside inflatio...

The global market is in the early recovery phase of the business cycle following the COVID-19 recession. This implies an extended period of low-inflation, low-interest-rate growth - an environment that usually favors equities over bonds. But after such a rapid rebound, an equity market pu...