As I was telling Andy Caldwell on his show, corporate wokeness has never been this vulnerable. Suddenly boycotts like those aimed at Bud Light and Target are actually hurting companies instead of being shrugged off. When the money was easy, investors flocked to throw money at companies that promised endless growth. Now the growth is slowing if not outright reversing and investors are moving their money. The downward pressure suddenly has even the FAANG darlings showing off cuts and layoffs. ESG, once a way to upsell investors and make them feel good, is an albatross as everyone focuses in […]
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