Hot Reads: Surging Treasurys Hit 'ARKK'
Plus, Elizabeth Warren calls Jerome Powell a 'dangerous man.'
Compiled by ETF.com Staff
Surging Treasury Yields Batter ARK Fund (Yahoo Finance)
Investors are shifting away from tech shares amid a sharp rise in Treasury yields.
Sen. Warren Calls Powell A ‘Dangerous Man’ (CNBC)
Elizabeth Warren says Jerome Powell has led an effort to weaken the nation’s banking system.
Some Offshore Evergrande Bondholders Not Paid (Reuters)
It’s the second missed debt payment by the troubled Chinese megadeveloper this month.
The Diversity Premium: More Women, Higher Returns (Institutional Investor)
“The higher the female representation across the companies we cover, the better share price returns we have observed since 2010,” said Eugène Klerk, Credit Suisse’s head of global ESG research.
Could Green Energy Fuel A Bull Market In Commodities? (Institutional Investor)
The reluctance of base-metal producers to ramp up production could mean higher prices on the road to a cleaner world.
Ex-SEC Attorney Thinks Schwab Will Fight Hard Against Robo Class Action Suit (FA Magazine)
Schwab faces a suit over the cash sweeps in its robo accounts, which some investors say lost them money.
'Can't Lose' Mentality Puts S&P 500 In Bigger Trouble, BofA Says (FA Magazine)
The bank is seeing risks in the “buy the dip” mentality prevalent among investors.
Investors in ESG Corporate Bonds Face Lower Returns (Advisor Perspectives)
Firms with high ESG scores are perceived as being less risky, resulting in tighter spreads and lower cost of capital.
