Equities came up for air in November after a widespread selloff a month earlier. Emerging market stocks led the way, with the MSCI Emerging Markets Index gaining 4.1% last month as currencies broadly appreciated relative to the US dollar. In … Continued
In recent months, we’ve seen fossil fuel giant ExxonMobil leave the American Legislative Exchange Council (ALEC), pledge $1 million to support a carbon tax, announce measures to reduce methane emissions, and join the Oil and Gas Climate Initiative (OGCI). Is … Continued
Volatility made a comeback in October as a wave of risk aversion washed over markets amid rising rates in the United States, growing concerns over slowing economic growth in China, and ongoing geopolitical tensions. Equities declined with international and emerging … Continued
Today, the Union of Concerned Scientists released the 2018 Climate Accountability Scorecard: Insufficient Progress from Fossil Fuel Companies, an update to the 2016 report that scored eight major fossil fuel companies on climate-related metrics. Many thanks to Tim and Pat for … Continued
Strong economic data and positive sentiment pushed US stocks higher with the S&P 500 Index gaining 0.6% in September, bringing quarterly returns to 7.7%. Outside the US, Japan led the way with gains of 3% last month on the back … Continued
Range Resources agrees to proposal’s recommendations The largest natural gas extraction firm in Pennsylvania will report on ways of cutting emissions of the greenhouse gas methane in response to a shareholder resolution filed by the Unitarian Universalist Association. At the … Continued
Non-US equities declined in August amid escalating trade tensions between the US and its major trading partners, a currency crisis in Turkey, and uncertainty in Italy. A spate of positive macroeconomic data was unable to lift the MSCI Europe Index, … Continued
Developed market equities forged ahead in July as robust economic data and strong corporate earnings offset concerns around escalating trade tensions between the United States and China. The S&P 500 returned 3.7% last month as US GDP growth hit 4.1% … Continued
Equities saw no respite from volatility in June as trade concerns weighed on markets. Despite the uncertainty, the S&P 500 Index eked out gains of 0.6% for the month – ending the quarter up 3.4%. However, markets outside the US … Continued
Volatility remained a mainstay in May amid festering trade tensions between the US and China and Italy’s struggle to form a new government. The US dollar strengthened 2% relative to a basket of major currencies, fueling declines of 2.2% and … Continued