News From the Control Tower - 11/3/2021
News from the Control Tower: Our weekly curated list of news stories affecting you and your finances.
This week’s reads include:
1. Women May Be Better Investors Than Men. Let Me Mansplain Why.
Overconfidence is bad, and women are less likely to fall victim to it.
2. Corporate Climate Pledges Often Ignore a Key Component: Supply Chains
Many companies do not account for the emissions from their supply chains, which can be a significant majority of their contributions to greenhouse gases.
3. U.S. toymaker looks beyond port logjams to the risk of gluts
A key danger in the current environment is that companies will order too many goods as they scramble to fill orders, especially in the run-up to the holidays, which could quickly lead to piles of unsold electronic baby books and high chairs once the crisis eases.
4. Bond Investors Challenge Wall Street Greenwashing
Investors avoid green bonds issued by companies like JPMorgan that they say don’t meet sustainable investing standards
5. COVID caused more than 3 million Americans to retire early, a new Fed analysis finds
More than 3 million Americans decided to retire earlier than they would have due to the COVID-19 pandemic, according to a new analysis.
These reports are particularly welcome after the population reached an all-time low last year.