How American politics has infected investing
Illustration of a stock arrow on a screen that has broken in the middle with the american flag showing through the crack.
2024-04-21 词
1789 Capital is part of an increasingly important trend: American politics is infecting investing. A gap has opened up between how Democrats and Republicans view the world; many Americans want to express their political identities by any means possible; and others see their money as a way to sway business behaviour. All of this is influencing investment decisions. The amount of money invested in, say, novelty exchange-traded funds (ETFs), such as those tracking the portfolios of certain politicians, is small, but other developments are more significant. Some $13bn has been withdrawn from BlackRock’s accounts, for instance, as red states boycott asset managers that support ESG. A bitterly fought rematch between Donald Trump and Joe Biden will most likely supercharge the trend.
经济学人和华尔街日报的文章是会员专属
请加入会员以继续阅读完整文章
成为会员后您将享受无限制的阅读体验，并可使用更多功能
免责声明：本文来自网络公开资料，仅供学习交流，其观点和倾向不代表本站立场。