Wall Street firms have steered billions of American retirement money to blacklisted Chinese companies. An investor makes the case against investing in China. We spoke with Art Ally, founder and president of Timothy Plan. He explained why investors should follow moral values over performance. Mr. Ally also lays out why China is a danger to […]
From hope to hesitancy to a total halt as global investors appear unimpressed with Beijing’s economic rescue package. It’s not just 2024 that’s a bad start for Chinese stocks, it’s been an uphill battle since 2021. Over the past three years, about $6 trillion has been wiped off the value of Chinese and Hong Kong […]
Six Republicans on the House Judiciary Committee have launched an investigation looking into whether major climate groups are violating federal antitrust laws in their effort to push the “environmental, social, and governance” (ESG) agenda. Their concerns were raised in a letter dated Dec. 6 to two executives on the steering committee for investor group Climate […]
In the most recent quarter, investor home-buying saw the largest drop since the 2008 financial crisis—30-percent year-over-year, according to Redfin. This excludes the beginning of the pandemic, when the government forced everyone to shut down. It’s also the largest quarter-over-quarter drop of all time, 26 percent. Once again, excluding the beginning of the pandemic.
Warren Buffett isn’t the only one turning their attention from China to Taiwan. U.S.-based venture investor Tim Draper said on Nov. 14 that China is “no longer a place to invest” and “has left the free market” under Chinese leader Xi Jinping.
President Joe Biden’s pick to lead the Securities and Exchange Commission, Gary Gensler, has been confirmed. Some are calling him the new sheriff of Wall Street. One of the big questions is, will Sheriff Gensler force companies to disclose their environmental, social, and corporate governance (ESG) activities? ESG is a broad but rather vague area […]
Jaydyn Carr was a GameStop shareholder long before the buying frenzy that sent share prices skyrocketing, and now the 10-year-old investor has cashed in, making almost $3,200. His mother, Nina Carr, told CNN that she bought Jaydyn 10 shares of the company’s stock in 2019 as a Kwanzaa present, because she wanted to teach him […]
WASHINGTON (AP)—House Speaker Paul Ryan is assuring investors that Congress will meet a new deadline to increase the government’s borrowing authority and avert an economy-quaking default on U.S. obligations. Ryan said Thursday that “the debt ceiling issue will get resolved.” He spoke a day after Treasury Secretary Steven Mnuchin warned lawmakers that Congress needs to […]
