CHGX News and Press, Change Finance U.S. Large Cap Fossil Fuel Free From 12/24/20

While most hope more stimulus will cure the economy's ills, the "2nd derivative effect" will be problematic. Of course, since vast portions of the stimulus package went to everything but "helping out the average American," such ensures the impact will be far less. During Q4-2020, not ...

Even if it is not long-lasting, market psychology, if prolonged in one direction, impacts market behavior if enough believe in it. One has to always look through market psychology and decide if it is supported by economic trends even as it can have an impact on these trends. It is sor...

Discussing surprises that are already known but not being considered by most investors and their advisors. Thus, their lack of reaction is the real surprise. These, along with other uncertainties, need to be considered in making day-to-day investment and other decisions. As I cann...

Fiscal and monetary stimulus was, and is, critical for bridging affected households and businesses to the other side of this pandemic. Barring any major surprises, our view is that this latest package should be sufficient to do precisely that - to keep consumer and corporate balance s...

Today, investors are so uncomfortable with near-zero bond market valuations that they've priced nearly every other asset class at levels that can be expected to produce near-zero, or negative, 10-12 year returns as well. Low interest rates tend to go hand-in-hand with high stock marke...

Flash PMI survey data show the US expansion losing pace amid rising virus numbers, while looser lockdowns in Europe boosted the PMI data. Services remain hardest hit by containment measures, manufacturers report stronger growth. COVID-19 containment measures will likely continue t...

The world currently has $18.1 trillion in negative-yielding debt, which is a boon and a godsend for the nations and corporations that have it. It is a "Borrower's Paradise" and a "Fixed Income Investor's Hell." All across the spectrum, the compression to Treasuries is taking place. Th...

As the year end of 2020 approaches, there are signs everywhere the markets have reached a "mania" phase. "Retail investors" are more confident than ever before, and options traders are exceedingly confident the market will not crash. While the stock market rout was vicious, it was the...

The US economy has recovered for some and is still deeply wounded for others. That is one of the large, looming issues for 2021. If you're at an upper income level, you are probably whole in financial terms. The middle cohort has experienced some setbacks and losses. But those at the ...

What does being optimistic mean from an investment perspective? It means we are cautiously optimistic about the general economic and market environments. We think 2021 will be a "risk-on" year, especially in the second half, as the full impacts of both COVID-19 vaccinations and fiscal...