How the Transfer of Weaith is Transforming Wall Street
by Lynne Ford, Executive Vice President, Calvert Investments
Three important trends are already changing the asset management industry, and are poised to become even more important in the coming years. First, based on their spending and earning power, women now represent a growth market bigger than those of China and India combined. This reality was identified by Kate Sayre and Michael Silverstein of the Boston Consulting Group in their article “The Female Economy.”
As we all know, this year’s financial and political events are already moving quickly. I started 2016 by shifting my online news source from The New York Times to The Wall Street Journal, trying to learn about the world through a difference lens and gain a new perspective on business, politics and money.
Politics are omnipresent this year, from the surprisingly intolerant Left (where free speech isn’t always free) to the ever-righteous Right (where liberal values are seldom welcome).
Business and politics are commonly thought of as coming together only when companies lobby for policies on specific issues that affect their profits. But the strict separation of politics, the economy, and society has always been more of a myth than a reality. And, in the 21st century, companies should get more directly political, argues Doctor Johannes Bohnen, co-chairman of the Atlantische Initiative, a Berlin-based think tank.
Following a successful first season and an Emmy nomination for Outstanding Informational Series, Neil deGrasse Tyson's science-focused talk show StarTalk returned for its second season on 21st Century Fox's National Geographic Channel on Sunday, October 25.
“Women are the backbone of our economy, and it is time Congress had their back,” Rep. Don Beyer said today as he announced a “Men for Women” House Caucus to promote economic growth through women’s empowerment.