LCTU News and Press, BlackRock U.S. Carbon Transition Readiness ETF From 03/01/23

Summary Entrepreneurs, the business world’s dream makers, see many opportunities and needs from a consumer’s lens then imagine and manifest solutions. Black and African American entrepreneurs start businesses more than any other US community. We all benefit when we eli...

Summary If we seek an economy that can thrive indefinitely, we must invest in and dramatically scale up the means of production that put an end to the causes of these risks. The entrenchment of the asset management industry in favoring the legacy economy is significant. There are at...

Summary The forward 12-month EPS is a time-weighted average between FY1 (2023) and FY2 (2024). During the height of the pandemic, we saw aggressive downgrades in EPS estimates during March-June 2020 as shown in the 2020, 2021 , and 2022 worm. Both the Russell 1000 and Russell 1000 G...

Summary In 2020, the European Commission introduced the principle into the sustainable finance regulatory framework including for climate indexes, as labelled ‘Paris-aligned’ or ‘climate transition’ benchmarks (PABs and CTBs). A prominent approach suggested i...

Summary A day after the Fed’s announcement, the ECB raised its key interest rate 0.5% to 2.5% on Thursday. This was the fifth straight increase in the ECB’s key interest rate. Bond investors are fully expecting inflation to cool off, and that the Fed’s key interest ...

Summary Inflation was arguably one of the biggest challenges faced in 2022. Although it doesn’t look to be going away in the early part of 2023, it does seem likely to slow as the year goes on. The December 2022 meetings by three of the most major central banks concluded a year o...

Summary The Federal Reserve appears to be losing control of the market. Financial conditions have eased dramatically since the December FOMC meeting. The Fed needs to push back against the market before it is too late. It appears that the Federal Reserve is losing control ...

Summary UnitedHealth Group has been making important governance changes in response to investor feedback, with sustainability a growing priority. As sustainability has increased in importance, UNH has revamped and elevated board oversight of ESG. The establishment of a corporate sus...

Summary Engaging a company on strategy can sometimes lead to concrete changes. In an October 2022 engagement with Cellnex, we encouraged the company to embrace a fiscally responsible strategy in order to protect the business in a high interest rate environment. Cellnex’s resp...

Summary US Large Cap stocks are still in a short-term downtrend but the long-term uptrend is intact. International Large Cap stocks are in a short-term uptrend versus US Large Cap. The trend has been driven by the falling dollar. US Large Cap value is in a short-term uptrend versus ...