Posts Categorized ‘Financial markets’

Why We Are Impatient for More Patient Capital
By Mel Miller

At First Affirmative we've built a business that helps our clients invest in companies that operate sustainably and responsibly. The investments strategies we offer own companies that contribute to a clean and healthy environment, treat people fairly, embrace equal opportunity, produce safe and useful products, and support efforts to promote a more peaceful world, all Read more »

Posted: May 10, 2016

$6.57 Trillion in the U.S. Alone!
By Michael Schweibinz

Every other year, the US SIF Foundation reports on key trends in the sustainable, responsible, impact (SRI) investing space. US SIF found that roughly one in every nine dollars in professionally managed investment assets in 2012 was in a portfolio characterized as SRI. That year was a historic year for the SRI industry; but now Read more »

Posted: February 2, 2015

Hazardous to Your Wealth
By R.Kevin O'Keefe, CIMA®, AIF®

With big moves in the stock markets lately, some investors might be anxious. The past several weeks have given almost every investor an opportunity to feel that they are right about the market—whether their outlook is bullish or bearish. Having a strong opinion about the direction of the stock market can be very hazardous to your wealth. To Read more »

Posted: November 12, 2014

Time to Change the “Dual Mandate”
By Mel Miller

The Federal Reserve is coming under growing criticism for actions taken during and since the Great Recession. In light of the political acrimony which currently permeates Washington, DC, I am concerned that any decisions that will change the workings of the Federal Reserve could merely be politically motivated and not in the best interests of the Read more »

Posted: September 17, 2014

“It is difficult to make predictions, especially about the future…”
By George Gay

Occasionally, an internal e-mail “conversation” is worth summarizing and sharing widely—as a way to illustrate the deep thinking that goes on behind the scenes at First Affirmative and the value proposition that is central to our purpose as an asset manager and consultant to socially conscious investors. Recently, a network advisor brought Harry Dent’s new Read more »

Posted: June 18, 2014

Only the Shadow Knows…
By Mel Miller

In 2012, I first shared my concerns about the rise in shadow banking. In fact, I listed shadow banking as one of the “gray swans” during my annual presentation at The SRI Conference that year. The broad definition of “shadow banking” includes any bank-like activity undertaken by a firm not regulated as a bank. That would not Read more »

Posted: June 9, 2014

Does High Frequency Trading Create Market Efficiency?
By Michael Schweibinz

High Frequency Trading (HFT) utilizes computer algorithms to move in and out of stock positions at extraordinarily high speeds. These algorithms identify market patterns and execute large volumes of security purchases and/or sales in milliseconds. Profits are generally counted in tenths of pennies per share; but it’s a volume business, and the pennies add up Read more »

Posted: May 28, 2014

Why I Dislike Quantitative Easing?
By Mel Miller

In a previous blog I explained the Federal Reserve’s traditional tool of reducing the Fed Funds rate to stimulate a weak economy.  The stimulation impact is the result of the relationship between the Fed Funds rate and the Prime borrowing rate charged by banks for business and consumer loans.  The Prime rate offered to a bank’s most credit worthy borrowers Read more »

Posted: April 21, 2014

Monetary Policy During the “Great Recession”
By Mel Miller

The U.S. economy is slowly recovering from the most severe economic decline since the Great Depression. The Great Recession, which started in 2007 and “ended” in 2009, was anything but typical as it relates to recessions of the past. Before we discuss one of the primary causes, let’s review the role of the Federal Reserve to reverse a recession. Read more »

Posted: April 7, 2014

Consumer Debt: Must Look Behind the Numbers
By Mel Miller

For a couple of years prior to the Great Recession, I shared my debt concerns during my annual Economic and Market Update presentation at the annual SRI Conference. My concern stemmed from the rising use of consumer debt to fuel a national lifestyle of “living beyond one’s means.” Much of the economic debate of the Read more »

Posted: March 3, 2014

Next