View the Full PDF Here For the Fed and the Economy, So Far, So Good By: Thomas Richmond, Co-Head of Taxable SMA Strategies, Senior Portfolio Manager In the quarter just ended, with few market-moving headlines or geopolitical dustups to muddy the market waters, bond investors were left to contemplate macroeconomic data and central bank monetary […]
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View the Full PDF Here By Richard Frankel Figure 1. Economic Growth and the Composition of GDP This is a snapshot view the full Economic Commentary below. View the Full PDF Here
View the Full PDF Here Never a Dull Moment By: Thomas N. Richmond Jr., Co-Head of Taxable SMA Strategies, Senior Portfolio Manager The first quarter of 2023 was certainly an interesting and action-packed time in the bond markets. With COVID more or less relegated to the back pages and no new, attention-grabbing political or geopolitical […]
After a majority of shareholders voted in favor of First Affirmative’s lobbying disclosure proposal at the 2022 annual shareholder meeting, Travelers responded to our 2023 proposal by agreeing to disclose lobbying expenditures for all trade associations where company dues exceeds $25,000 annually. This disclosure commitment is the end of a seven-year ongoing engagement with Travelers. […]
Click Here to View Full PDF 2022 Annual Engagement Review Engagement Overview The Limits of Graphing ESG Although our engagement priorities pie chart looks “perfect”, take it with a grain of salt! Those perfectly straight lines and simple categories help to give a snapshot of where our priorities lie in a given year, but it […]
Click Here to View Full PDF Summary: Figure 1. National Bureau of Economic Research – Six Determinates of Recession, 2019-2022
… and Make Sure Your Seat Belt is Securely Fastened By: Thomas N. Richmond Jr., Co-Head of Taxable SMA Strategies, Senior Portfolio Manager In a word, investing in 2022 was bleak. The bond market was not spared in the carnage, as a toxic mixture of generationally high inflation and monetary policy tightening in response caused […]
Click Here to View Full PDF Preparing for the Next Advocacy Chapter: An Update from the ESG for Impact! Conference First Affirmative Financial Network hosted the 2022 ESG for Impact! Conference, an advisor focused summit that attracts advisors and managers from across the country and Canada. Our audience has a common goal: to serve clients […]
Click Here to View Full PDF Summary: Figure 1. Inflation
