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As I was telling Andy Caldwell on his show, corporate wokeness has never been this vulnerable. Suddenly boycotts like those aimed at Bud Light and Target are actually hurting companies instead of being shrugged off. When the money was easy, investors flocked to throw money at companies that promised endless growth. Now the growth is slowing if not outright reversing and investors are moving their money. The downward pressure suddenly has even the FAANG darlings showing off cuts and layoffs. ESG, once a way to upsell investors and make them feel good, is an albatross as everyone focuses in on value over style and virtue signaling. And ESG, a very effective vehicle for a leftist takeover of companies and the general corporate environment, isn’t offering value. Woke is going broke.
Funds focused on environmental, social and governance issues (ESG) also saw a fourth consecutive month of net selling, down 953 million pounds – taking the total pulled from such funds to nearly 2 billion pounds since May.
“Fear was a big motivator in August,” said Edward Glyn, head of global markets at Calastone. “With savings interest rates and yields on safe-haven money market funds at their highest level since 2007, it doesn’t take much to cause a rout.”
Asset managers, which had previously cashed in on a surge in demand for ESG funds, should take note of the developing sell-off, said Calastone’s Glyn.
That is why Woke. Inc is afraid.
“The move out of ESG funds has gathered pace in a remarkable reversal after the boom in recent years. Four months of outflows signals a new trend emerging that fund houses will have to work hard to counteract.”
Or they could stop pushing investment vehicles of dubious economic and political worth. But that’s as likely as having them admit that the world isn’t ending, the oceans won’t flood the world and most of the green energy businesses are useless and wouldn’t exist without government subsidies and mandates.
How much more will investors put up with?
“Research from AML Group and The Nursery found a 6% decline in investors valuing ESG or sustainable investing in 2023 compared to 2022. A Charles Schwab survey reinforced this, indicating that just 38% of British retail investors consider environmental, social, and governance factors when making investment decisions, a drop of 6 percentage points from December 2021. A significant factor is the underperformance of these investments compared to their non-ESG peers, as highlighted in the Charles Schwab study.”
“Furthermore, ESG investments often come with a higher price tag, a cost many investors are becoming reluctant to bear. Charles Schwab’s research suggests only half of the surveyed investors are willing to assume these extra charges.”
Investors want to maximize returns rather than subsidize leftists? Baffling.
“As of December 2021, funds that openly target environmental, social, and governance (ESG) objectives managed over USD2.7 trillion worldwide. European funds represented 81% of this amount, while U.S. funds made up 13%. In the final three months of 2021 alone, investors poured USD143 billion into these ESG funds. However, these funds frequently fail to deliver the expected returns… Lipper data shows that the total assets under ESG fund management plummeted by USD163.2 billion globally in the first quarter of 2023 from the previous year.”
As I said, Woke Inc. has never been this vulnerable. Boycotts that were ignored are now potent. Regulations that corporations might have shrugged aside have the potential to be the last straw on the camel’s back.
The question is will conservatives take full advantage of the season?
Always good news but not good enough news.
No, Conservatives won’t take advantage because all they care about is their asset funds. Just like all they care about is Trump.
Exactly! Conservatives see through BS, know Climate Change is the latest government,’s baseless fear porn, and won’t tolerate institutions that lose money and don’t stay in their lane. Moreover, Conservatives are the nations best workers. They aren’t going to work for a companies that try to force its opposing values and philosophies on them…so they leave and work for companies that get that the best way a company can contribute to society is economically. Companies should make affordable products and services people want without serious polluting, while giving fair treatment to employees, paying livable wages, obeying the law, and appreciating their customers. Woke companies get woke employees who spend more time complaining than producing. I hope they all bankrupt.
If they saw through BS they would see through Trump. Sadly not.
Beat it CREEP TROLL……
Conservatives wont patronize any company that opposes our Constitutional Rights like the 2nd Amendment we will Boycott them totally and never do any businesses with them when their signs read No Guns we will not be shopping there Dicks Sporting Goods is just one
And this is why the principles they ostensibly care about but actually think they shouldn’t be called on to fight for have failed globally.
And we don’t need any more global evidence of this failure than Covid.
So chase your global solutions
Yes, as if anybody hasn’t taken your stupidity into account? As if anybody doesn’t want to blast your stupidity to Kingdom come?
You with the mental capacity of a Coconut
yo man, why you gotta go and insult coconuts like that?
These stupid charras with their stupid moustaches, Do they have any idea??? No, they have no idea so go with Trump while you can.
Nobody cares about them. Nobody cares about their whore loyalty to what they think is dominant.
Boo hoo…poor jealous you.
Because you made a very big mistake and now yow you expect us to correct it for you except we won’t. You can stay with Trump and his ultimate end for you.
Expected returns. That’s like expecting the USSR government to make a positive return.
It’s very obvious.
When companies hire based on race and sex instead of highest qualifications, they will fail to grow.
“The question is will conservatives take full advantage of the season?”
No they won’t because conservatives lack a guiding philosophy of rational selfishness. Freedom, liberty, and Laissez-Faire Capitalism are based on a moral code of rational selfishness. That moral is now only dimly understood, implicitly buried underneath a mountain of altruism.
That’s simply not good enough. Rational selfishness has to explicitly known, discovered, understood, and championed for the American way of life which is the personal pursuit of happiness, which is Capitalism, to be rescued from altruism.
“How much more will investors put up with?”
Without a guiding philosophy of rational selfishness investors will sell their soul to their highest destroyer. Without a guiding philosophy of rational selfishness and self-preservation the investors will sell the rope in the morning to the Marxist who will hang them with that rope at noon.
Nothing has fundamentally changed the investors and businessmen are still clueless as to what is destroying them.
“As a group, businessmen have been withdrawing for decades from the ideological battlefield, disarmed by the deadly combination of altruism and Pragmatism. Their public policy has consisted in appeasing, compromising and apologizing: appeasing their crudest, loudest antagonists; compromising with any attack, any lie, any insult; apologizing for their own existence. Abandoning the field of ideas to their enemies, they have been relying on lobbying, i.e., on private manipulations, on pull, on seeking momentary favors from government officials. Today, the last group one can expect to fight for capitalism is the capitalists.” – Ayn Rand
You hit on something there, Daniel, that spontaneously came up at last month’s get together at my local VFW, where a group of us tipsy vets stumbled upon the same conclusion.
With the abysmal Biden economy that we all suffer under, nearly every household dollar spent has been predetermined and cogent, with superfluousness kept to a minimum. Well, except for a monthly tab at the VFW, and even that is a budgeted item. In essence (and I’m just regurgitating what you said), the impact of a bad economy is GOOD for the death of ESG and I’m not sure how impactful these boycotts would have been in a flourishing economy.
So, if there’s a silver lining to all of this, it’s the fact that now is the time to make an impact with EVERY purchase we make and each that we DON’T, because the dollar values are doubled in this round. It might not last if and when a good economy returns, but good habits established now can have lasting benefits in the fight against WOKE ideologies.
Common sense has escaped the woke and the elites. They seem to have their own agenda that will benefit only them and their own wealth at the expense of the country. The majority of them prefer complete government control and could care less about the will of the people, about liberty, or freedom.
There is a day coming when everyone will have to give an account of himself to God. Romans 14;12.
Many act like they are Gods and defy Christ and the Bible.
They think only of themselves II Timothy 3:2
They do whats right in their own eyes. Judgges 21:25.
Our Sodom-like society continues to rage toward the judgment which Jesus revealed in Luke 17:28.
The Lord foretold things that would happen which will look exactly like things that were happening to vex Lot in the doomed city of Sodom. People need to wake up to reality and understand the times.
As long as your assets are depleted along with your Trump retardation what do they care? Very little. What are you going to do? Mount a Trump insurgency?
Trump is bad news. He’s been bad news since he used 9/11 to dance on the grave of Cruz. If you’re too stupid to realise that then bad news for you.
Too shallow to fight endless wars. Too shallow to do homeland security except to the extent that you are flooded. Too shallow. What a nice day.
Too shallow for any useful purpose except your own inversion.
Bad news is what you’ll find or in the words of our Queen “Annus horribilis”
A very bad year given vintages.
Do you think this is some kind of stupid game that is always under control? The first thing to understand is that it is out of control.
Reagan understood that. He wasn’t like the Fauci trash we have nowadays. People who spit on Fauci when it’s supposedly safe to do so.
Do you think this is some kind of game you’re playing for your own benefit?
Get in it or just get out. You’re good at that.
Let me assure you they’ll find a way because you are people who no longer know any way.
Stupid NYorkers like talk radio idiots going on about NY like it is the centre of earth.
Actually it’s less than some architecture that won their hearts.
Why don’t you fight fags? Probably because you’re media tired.
NYorkers who thought the universe they were constructing was NY. NYorkers.
I mean how gay are they?
This stupendous city that they’ve constructed that is better not to contemplate.
When are you going to do absolutely anything? Basically never whore,
I think the moral of the story is that we should we should just vote Trump because he is exactly the NY whore that is requested.
As if nobody hates Trump and everything he’s about. Which is nothing.
Yea I think if I’m going to die I’d rather die for something foe something besides Trump nothing.
Trump NYorker nothing. No heart, No soul. Nothing whatsoever.
No wonder they decided to go jihad on you fags.
You never fight. If you fight you think it’s some kind of shame.
That’s why they obscured you because you’re always obscuring the result which is your obvious end.
BOOM goes the comments thread! For the love of GOD, someone hide Una’s bottle.