From Morningstar: 2024-11-12 05:17:04

Kunal Kapoor, CEO of Morningstar, discusses the importance of finding useful data for sustainable investing, emphasizing personalization and expressing investor preferences in portfolios. He believes data should be comparable and up to date for informed decision-making, regardless of differing viewpoints. The focus should be on what drives exceptional results and resonates with investors personally.

Kapoor does not anticipate an increase in “greenhushing” by companies to appease political demands, as sustainability efforts are often driven by long-term financial considerations. He stresses the importance of making decisions that add value and maintain a positive culture within a company. Issues like pay parity and workforce engagement are essential for success and should not be hidden or downplayed.

Morningstar, Inc. licenses indexes to financial institutions for use in investable products like exchange-traded funds. The license fee is based on the total assets of the product. Details on investable products tracking Morningstar indexes can be found on the indexes.morningstar.com website. 1. The stock market experienced a sharp decline today, with the S&P 500 dropping by 3.5% and the Dow Jones Industrial Average falling by 4.2%. Investors are concerned about rising inflation and potential interest rate hikes by the Federal Reserve.

2. The unemployment rate in the United States has fallen to 4.2%, the lowest level since the start of the pandemic. This is a positive sign for the economy as more people return to work and consumer spending increases.

3. The housing market continues to boom, with home prices rising by 12% in the past year. Low mortgage rates and high demand are driving the market, but there are concerns about affordability for first-time homebuyers.

4. In international news, tensions between Russia and Ukraine are escalating, with Russian troops massing on the border. The United States and European countries are calling for a diplomatic solution to the crisis to prevent a larger conflict in the region.



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