NAHB Housing Market Index Falls in August After Seven Straight Rises
- Much chatter this morning has been about Berkshire Hathaway $BRK (Warren Buffett) disclosing new positions in Lennar $LEN, D.R. Horton $DHI, and NVR $NVR in their 13F filing last night.
https://t.co/IitAohPUNX
Asia-Pacific stocks Higher outside of China & Hong Kong Tuesday
[ Markets in India and South Korea were closed for holidays.
#Japan's Nikkei: +0.5%
#Australia's ASX All Ordinaries: +0.4%.
#China's Shanghai Composite: -0.1%
#HongKong's Hang Seng: -1.3%,
👀
SEC lawyers subpoena fund managers over ESG disclosures
The US Securities and Exchange Commission enforcement division has sent document requests, including subpoenas, to several asset managers relating to their environmental, social and governance investment marketing this year, lawyers said, suggesting a potential crackdown looming for the sustainable fund world.
Among the SEC’s areas of inquiry are conventional investment funds that have repurposed themselves as ESG funds, the asset management industry lawyers said. Also in focus are cases where funds offered in the US and Europe may share strategies, holdings or portfolio managers but offer differing amounts of information on either side of the Atlantic.
https://t.co/g9zmKBKTFd
"Crude oil prices could be headed to range-bound territory as concerns about China, the world’s second-largest economy, offset positive trends and supply-side restraint elsewhere, analysts said."
https://t.co/0gGiXyUBzV
Chevron has pledged to provide funding for a carbon sequestration firm's pilot project in Western #Australia (WA), as part of its first nature-based carbon offset project in Australia. #oott
https://t.co/nwMckaoQoC
BREAKING: @IEA says that "world oil demand rose to a record [high of] 103 million b/d in June, led by stronger than expected Chinese and OECD growth."
#OOTT#NotPeakOil@Opinion