“Ethical Markets is happy to see our friends at the German Green party doing so well!
And, yes, the US stock market is frothy, which is why we bypassed Wall Street’s “magical thinking” in 2019, in favor of private, pure play companies in green sectors, as reported in our Green Transition Scoreboard® ”Transitioning to Science-Based Investing“ (free download at www.ethicalmarkets.com )
~Hazel Henderson, Editor“
The Economist this week
Highlights from the latest issue
Our first cover of the year looks at the economic and political context of the trade deal that America and China will sign on January 15th after three years of a bitter dispute. The “phase one” agreement trims tariffs and obliges China to buy more from American farmers. But do not be fooled. It is a modest accord that cannot disguise how the world’s central relationship is at its most perilous juncture since before Richard Nixon and Mao Zedong re-established links five decades ago.
The two sides used to think they could both thrive; today each has a vision of success in which the other lot falls behind. A partial dismantling of their bonds is under way. In the 2020s the world will discover just how far this decoupling will go, how much it will cost and whether, as it confronts China, America will be tempted to compromise its own values.
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