Taps Coogan – December 29th, 2023
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The following chart, from Bloomberg, highlights the declining market share of ‘ESG’ bonds:
Compare that chart with this forecast from Barclay’s from January of this year:
Beyond pointing out how inaccurate financial market forecasts inevitably end up being, it’s worth enjoying a rare moment when an obvious moral-licensing scam and woke gimmick falls by the wayside.
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