how big a role is esg playing in your portfolios and you have any stats on if more compliant esg funds are doing better than others? >> esg is still a new concept in india. an industry framework is expected probably within the next few weeks. it is too early to say if they actually outperformed normal esg funds. haslinda: we are seeing a trend in the market right now. how are you looking at it? >> it is largely targeted at the retail investors, and that's where you get the marks. when you look at one million-dollar and above plans for individuals, they are 800,000, but for the moment, you go below 100 million dollars, it is a huge market. it runs into millions and millions of people, and they want the millions, so what we are looking at and seeing is that industries are largely targeting the $1 million plus. above $1 million plus, although you need to have the right technology, that touch and feel will always be required. what we are seeing is largely targeting at the retail individuals. rishaad: thank you very much indeed for your insights into fund management. quick look at a decline

three nights, esg... the broker will take your bonds. -diversification, futures, options.hispering] -frothy markets. psst. virtual real estate is a lock. ♪ cold hard cash ♪ j.p. morgan wealth management knows the world is full of financial noise. i'm looking at your asset mix and plan. you are right on track. great, thanks. our easy-to-use app and local advisors are here to help you figure out what's right for your investments. j.p. morgan wealth management. ♪. stuart: why not have a little adele first thing in the morning? has a wonderful voice. can you see that? monday, midtow

>> it is all esg.bought a couple of years ago in the acquisition that they got the calvert rent which is a pioneer and esg. it's a legit print to have. it's an interesting time for esg because there has not been a lot of love when you look at the flows. their point is we are coming in competitively priced, all of their funds are under 20 basis points. you have the brand recognition of calvert. maybe they will see more success with those esg etf's. they said this is the first of several lodges. they have big plans for the u.s. and europe. so stay tuned. tom: really interesting in terms of the products in the etf space that morgan stanley is pushing through. and of course reaction to cathie wood woods claimed that she is the new gnostic. the u.s. confirming that antony blinken has been postponed because of that spy balloon that has been hovering over montana. the u.s. saying that the spy balloon is unacceptable and irresponsible. plenty more, coming up, stay with us. this is bloomberg. ♪ tom: welcome bac

dimon came out against esgs. a positive on that. financial regulations. >> what happened to free will in investing? if i want to invest in esg let me do it? >> that is not bit. he likes gun manufacturers. there is company, forget the name, does private prisons. desantis will put money in border control. liz: okay. >> read the story on foxbusiness.com. i'm not saying he is going to run. i'm not saying he isn't going to run. i'm not saying he is going to win. i just find it fascinating that wall street at this early stage, liz, is now picking him, giving a lot of money to him. putting out reports like this. they are saying prepare for his victory. one other thing i want to point out in the report, kind of buried in there they think joe biden will announce, this is sort of a, i guess a sentiment i've seen throughout the street. they think he will announce after tonight's state of the union. liz: that he is going to run. >> that he is going to run again. i know that doesn't throw a lot of democrats -- joe biden feels emboldened by the v

you've talked so much about this pressure on banks to govern with esg. in the industry right now and what do you say to what larry fink is saying about private companies? >> well, maria, good morning. and first of you all, i want to thank you, maria. you're the one who broke the story and main street america doesn't understand this issue, how it's going to kill main street in the united states many we're 60% of americans work for small businesses and if the s.e.c. has its way through the buy done administration, because the biden administration can't get these proposals passed through congress, especially now, but if the biden administration through the s.e.c. has its way, and all s.e.c. registered companies have to do this climate carbon emissions testing, including on small businesses, it's going to kill main street, maria, where 60% of americans work. people do not understand this. i credit you, maria, for breaking the stories when other net whrorks were avoiding the -- networks were a avoiding the story. you saw the journal reported that the s.e.c. i

esg world.eing found to have russian holdings, for example, even russian oil and gas holdings. it is just another moment that really shows that there needs to be greater scrutiny on what is included in some of these funds that take that name, because it is not matching with what investors expect from these investments. shery: emma o'brien, bloomberg's asia managing editor. coming up next, we will ask white ubs still doesn't buy reports that kazuo ueda will be formally nominated as governor of the bank of japan. this is bloomberg. ♪ get help reaching your goals with j.p. morgan wealth plan, a new tool in the chase mobile® app. use it to set and track your goals, big and small... and see how changes you make today... could help put them within reach. from your first big move to retiring poolside and the other goals along the way wealth plan can help get you there. j.p. morgan wealth management. >> based on the previous comments, i think his persistence is neutral relative to the more hawkish candi

esg... -diversification, futures, options... leverage. -excess cash flow. gold.orld is full of financial noise. you are right on track to hit your goals. our easy to use investing app and local advisors can help you stay on track. j.p. morgan wealth management. this week is your chance to try any - subway footlong for free. like the subway series menu. just buy any footlong in the app, and get one free. free monsters, free bosses, any footlong for free! this guy loves a great offer. so let's see some hustle! >>> happening now, racing the clock, fighting the climate. bitter cold and utter devastation slow the search for quake survivors as the death toll in turkey and syria climbs. >>> is he or isn't he? kevin mccarthy weighs on whether george santos is being investigated by the house committee while some constituents demand his removal. >>> and making his case. president biden gets ready to report on the state of the union. and what also could be a preview of his 2024 re-election campaign. welcome to our viewers here in the united states and around the world. i'm

esg... -diversification, futures, options... leverage. -excess cash flow. gold. the world is full of financial noise. you are right on track to hit your goals. our easy to use investing app and local advisors can help you stay on track. j.p. morgan wealth management. >>> happening now, mass destruction in more than 3,400 people dead after a powerful earthquake, and dozens of after o armageddon. stand by for new reporting on the catastrophes in turkey and syria as rescuers search for survivors and the death toll keeps rising and rising. also tonight, u.s. officials reveal new information on the size, cape abilities and the vae of the downed balloon. amid rising u.s./china tensions, and as president biden faces new international emergencies, he's also engaged in last-minute preparations for his state of the union address. we'll tell you what the president just said about his prime time speech to congress and the nation a little over 24 hours from now. welcome to our viewers here in the united states, and around the world, i'm wolf blitzer, you're in the situation r

esg is basically business social credit.t is using your dollars, your retirement funds to push the political agenda, the social agenda sometimes even the financial agenda of the elites. they keep changing around the rules. that is unfortunately going to impact the wealth of americans. eng environmental i think a for evil. elizabeth: and biden, critics are saying what he is doing with the government goes even beyond what the most awoke colleges doing, carol. it is tilting the government playing field on the basis of race and other characteristics are seeking equal outcomes no matter what throughout governments. that is a biden is doing a governmentwide ideological infrastructure congress never signed off on. >> yes they are doing that in the government and they are doing that in the financial sector. the diversity equity inclusion a social portion of esg. if you look at that department of labor rule it used to be orissa would invest in your best financial instruments. now they can put in pei. they can put environmental issues

they filed a federal lawsuit against the biden administration over this esg rule. stuart: thanks.vy seal jaco willing joins us. david burke will be here as well kennedy and royal watcher neil sean. 11:00 hour of "varney and company" is next. ♪ ♪ ♪ hi. i'm charlie kirk. i started turning point usa to do the work to help save america. right now, the world economic forum and global elites are planning the great reset. this is why i want to send you my exclusive book for a gift of any amount. this book takes you behind closed doors to reveal their radical agenda and arms you to fight back for the future of our country. call or go to tpusa.com right away to get your copy, and let's stop the great reset. if you have this... and you get this... you could end up with this... unexpected out-of-pocket costs. which for those on medicare, or soon to be, is a good reason to take charge of your health care. so consider this. an aarp medicare supplement insurance plan from unitedhealthcare. why? because medicare alone doesn't pay for everything. and what it doesn't pay for, like deductibles and

and tech stocks, which are heavy in these esg funds they have under performed the market.d investments that don't deliver the returns that americans deserve and need. >> ainsley: i know you are introducing this legislation today. it's your money, you should be able to do with it as you please and not have the government tell you. thank you so much, congressman, for coming on. >> thanks, good to be with you. >> ainsley: check in with senior meteorologist janice dean. we were talking about this when we were getting lety for the show. we walked outside and i was excited to see a little bit of snow. you probably got more on long island. >> janice: a little bit more. i'm apologizing hayden in advance it's not going to come true 4 to 6 inches. we will get an inch and a half in central park. my kids are upset, too. look at the maps it is at freezing or below freezing in new york city. 32 degrees, 33 in boston. you can see where the snow is coming down north of the city. so, yes, kentucky cut, massachusetts upstate new york you are getting snow but new york city is a slushy mess.

why would blackrock become -- go into esg. believe that's the way they're going to make more money. that's the future. that's where they need to be -- long run for them -- >> if you -- >> and the short run. >> if you go to the middle east where they pump most of the oil out of the ground, they will tell you they've got 20 years. >> exactly. >> they're going to run out. >> they're investing in everything else because they're like, this is running out. we have 20 years. we've got to diversify. this was the future like 40 years ago. it's not the future anymore. so they make these choices that makes a lot of sense for them. but again it's just -- the republicans are so short-sighted here. it doesn't make any good political sense. and secondly, these corporations, if they're deciding to be a little woke here or there, they're not sitting there going, oh, we must do the right thing. they're sitting there going, how do we get 18 to 39-year-olds more attracted to -- >> this is where they are. this is what they want. and those are our

by the way, there are some who think esg is going to help their returns.about that, but do you say to those people, they're just bad investors >> no, look, at the end of the day in my casing blackrock was performing at the beginning of the pack we took a piece and managed it ounce. >> here's the blackrock thing i don't get. you may disagree with me on this. >> probably. >> if they're in the middle of the pack, it's not -- i think there's a lot of people that don't like the letters that larry writes at the beginning of every year i get -- you may just disagree with the letter or what he's espousing, but i don't think it's actually -- if you go and look at the votes blackrock makes, you can say always hypocritical, this or that, sure, but in the actual investments on behalf of the clients, it's not clear to me that the votes somehow equate to something else, and that's why i think some people look at this and say this seems kind of political. >> it's very simple. if the performance isn't there, you move your money. at the end of the day -- >> here's my quest

this is a real issue for esg investors.ve research saying 500 esg funds in europe actually have exposure to adani group activities in one way or another. also into the msci, they're giving the adani a rating of a and they need to look at it more closely. haidi: the world bank says it had a good start in discussions with member countries on easing the debt burden of lower and middle income economies. the outgoing president told us more about those negotiations ahead of the g20 finance ministers meeting this week in bangalore. >> it was good this morning, first meeting of the group to bring the debtors and creditors together. china participated and that is good as a starting point for the discussion. they talked about the obstacles to getting to some of the debt restructurings that are needed. it was a good conversation this morning. one of my goals has been to narrow the same conversation to get to the next steps. so the g20's meeting and separately we are having a meeting with the imf and indian finance minister to begin to

then he retired and then he noticed that something called esg was completely distorting the americancided to fight back against it. so we sat down with him for an hour of new episode of "tucker carlson today." here's part of it. >> we're facing a group think on the left that is really metastasized almost in to a religion. they use things like climate change, like equity over equality. we're no longer talking about hiring people based on merit. we're talking about hiring people based on diversity. forget martin luther king. we should judge people on their character. we're openly judging people on their race or sex, this is a terrible trend. a lot of it descends from this esg mentality that the left has been able to impose on us through control by these asset managers. >> you must it happen in your world. in college, the radical left was on college campuses or the socialology department, but they weren't running big companies. they weren't asset managers. you spend your life in this world. you must know a million other ceos. a lot of them are infected with this brain virus. >> yeah, yo

. >> david makes excellent points, the one of the things that esg is getting very, very focused on ison and forcing companies that minorities and women on their boards. irrespective of the financial performance, it is the pursuit of political and social goals in the form of investments, not necessarily to the advantage of people whose money there investing. >> that's exactly the point the people's money there investing, we have the thing called larissa the financial managers should operate as fiduciaries and try to get the highest impossible so when people retire that the biggest retirement possible rather than saying were to put that aside and focus on what makes us feel good politically if you want to invest in a politically correct fund wonderful but broad-based mutual fund are handling the pension fund for the firefighters and the cops or something like that yacht be focusing on a fiduciary keep those returns as high as possible and not sit there and try to use your clients funds is a political action committee money which is essentially what this is. >> diversity, and the credibi

the key is esg. ♪ we all have a purpose in life - a “why.”pecial place that you want to keep in the family or passing down the family business or giving back to the places that inspire you. no matter your purpose, at pnc private bank, we will work with you every step of the way to help you achieve it. so let us focus on the how. just tell us - what's your why? >> you are looking at a live shot of the principal room. coming up, marc lipschultz, founder of blue owl capital. keeping you up-to-date, here is the first word. tens of thousands of israelis protesting against government plans to reduce the power of the judiciary. there on the verge of constitutional and social combat. they want to make it easier for the state to appoint judges and limit the supreme court's authority to strike down legislation. german chancellor olaf scholz faces more turbulence after a state election in which all three ruling parties lost support and one crushed out of the city parliament. the main opposition party at the national level emerged as the clear winner aft

reporting with companies microsoft is one of them i also like the more pure esg plays. business enphase a company like enphase is positioned nicely to take advantage of those things in the i.r.a. >> are there other places that you think right now with a dip, then this is worth tiptoeing in the water? >> listen, we like to invest along theme. tech is one of them. we like international stocks particularly a stock or company in retail. we love ecommerce. a latin american ecommerce play. we look for opportunities to buy on the dip >> tiffany, great to see you on this friday. have a great weekend. >> thanks, contessa. >> we are seeing futures down across the board in the red. shaping up for a lower open on wall street for friday that does it for us on "worldwide exchange. i'm contessa brewer. "squawk box" is next power e*trade's award-winning trading app makes trading easier. with its customizable options chain, easy-to-use tools, and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. >>> good morning fed speak and the real wo

that is another one that says it will look at the esg indexes a lot more frequently.th everything we have learned over the past few weeks, how do money managers feel about the group right now? annabelle: this is what is also interesting is that is starting to be seen as quite separate. from an indian perspective. because we have adani group continuing to selloff even though we have seen some of it stabilizing now. from a key proponent of the indian stock market, the sensex, it is coming back to an all-time high it reached in january. some investors are starting to say there is the adani issue and then the overall outlook for indian markets and they are fairly bullish on that. that is because if anything, as some international managers would say, what the adani selloff has done is highlight that this is an investment opportunity given the governance issues could perhaps only be localized to adani group and might not be systemic to the entire market. mark mobius is saying i am going to continue buying up the indian benchmark instead of shying away. haidi: annabelle with

jackie: i agree he is making it contingent on esg investing a theme in what we talk about, as well withd in things don't know applying them. chris: get rid of jones act loudships from one to the another make energy costs go down so it is not to ridiculous. jackie: we were talking about southwest, all money fun tleld pete buttigieg's role in that kind of absent, the transportation secretary. the suggestion was that southwest needs time to get its act together but all of this funding we gave to the airlines federal funding, you know amazing that for some reason you need to sort of push them you would hope they would be investing. >> southwest typically, they've invaitd a transportation secretary positioning for president this is a position because knowing he has done is not nothing in background nothing where he came from not just going around handing out dollars to -- to saying i am here. jackie: learned from president biden, plank check they work buy votes, too. >> look southwest there was complete they didn't invest in technology like they sheriff, airlines what they should have done s

not only strive, we're not promoting esg, we're not doing business in china so we can do a unique voicemarketplace. that is kind of the point of this. neil: interesting. let's keep track how it is doing. i admire what you're doing. i got to admit, vivek, i really dislike you on another level. you're younger than my daughter. you are, you are actually younger than this tie i'm wearing. but that is a whole separate point. we'll pursue that. thank you very much. good seeing you vivek ramaswamy. in the meantime dow is down 331 points. the real story is nasdaq. it is on fire, after this. (vo) the fully electric audi e-tron family is here. with models that fit any lifestyle. and innovative ways to make your e-tron your own. through elegant design and progressive technology. all the exhilaration, none of the compromise. the audi e-tron family. progress that moves you. kevin sorbo here, and i have an important message to share. the government needs more money. your money. if you owe the irs back taxes, they can garnish your wages and levy your bank accounts. they can even seize your retirement

we know we've been doing esg since before esg was the latest fashionable thing in washington. we've never had a major mining accident in alaska, we never flare our gas and we haven't had to have been told not to by the federal government. we have stricter response rules than the government itself. we are going to tell the story, our story, the real story, it's not the story that the extremists want anyone to believe. through multiple media channels and targeting industry outreach, we'll promote our unmatched opportunities for investment and development. from logistics to unmanned aircraft, to critical, low and carbon industry. and alaska is strategic and much more to offer than our beautiful scenery and wildlife. now it's time to share our story, not their fairy tales with the rest of the world and i'm urging members of the legislature to support in initiative and calling on the legislature to support the bills under my people's first initiative. my administration filed several bills with common sense measures for survivors of sexuality assault and taking on sex trafficking. o

lauren: he wants to bar esg from florida's muni bond sales.n expansion of his anti9-woke push. so so far in florida, ash arely, no esg in investment decisions by the state or in the contracting process. and now he's adding in bond issuance. this is how desantis the views it, he puts it like this: circumventing the ballot box to the implement their radical ideological agenda using their capital and their influence. he says that distorts the free mark, and that's what floridians care about -- can free market. ashley: no esg, we got the message. lauren, thank you very much. we'll take a look at these futures. investors having time to kind of think through the latest inflation report and, well, they're not that impressed. flat to slightly lower. we'll continue to follow that. of course, the opening bell comes in just over 18 minutes from now. >>> all right, coming up, two-thirds of americans say they are dissatisfied with the number of migrants entering this country illegally. will this administration ever get a handle on the border? we're going t

esg is a set of principles that are ill-defined, which is really the answer.onize corporations. they can cancel customers, as we've heard and you talked about, can deny service, they can choke off funding based on these principles. and they're rating companies based on whatever the political position of the day is. rachel: yeah. it's scary stuff. it feels like a chinese social credit score of sorts. and it's scary for customers, it's scary for the employees who work there. let's take a look at some of the high risk companies. etsy, godaddy, amazon, youtube. tell us about these companies. what can the average person do? is it just a matter of boycotting? it seems hard because a lot of this we're competent on amazon -- dependent on amazon, but some of this is through investment management firms like blackrock and vanguard. what can we do? >> rachel, we can do a lot. the customer has incredible power. the problem is we need to change our behavior. go to our database, 1792 exchange.com, find the companies that they patronize, print off the report, walk into the of

one thing i want you to compare them everything we are hearing about esg. we have been hearing about that us governments. i have concern because if you're looking at esg and not looking at the geopolitical risks and what you have fallen into, geopolitical risks, we did not know russia would do it has done, but its impact on the economy and the suffering on the people and almost throwing caution to the wind, and environmental concerns, and could that be prevented or should that be taken into consideration with basically countries and companies making these decisions based on only on one parameter and not both equally? and that is a lot in one question, but do the best you can. [laughter] >> thank you very much. senator, so, first of all, we have expanded our import capacity. i want to mention there is significant additional capacity to import lng as a response to the crisis so we can offtake any additional supplies that will come online globally. secondly, as you said long-term contracts are a feature of the global natural gas market, in particular the globa

especially when you have the stock sell off like we saw last year where these esg funds under performednition, less diversified. they were heavy in tech stocks and this was a tech-heavy sell off and they were light in energy stocks. energy stocks overperformed the market substantially. so when you are looking at these undiversified, less diversified etfs those are precisely the kinds of fund, these esg funds, precisely the funds you don't want to be invested in last year. it e. there was an important study ainsley conducted by ucla and nyu a few years ago if you were ininvested in esg funds the politically funds biden administration pushing vs. a plain have a mila s&p 500 fund, you were basically earning 2.5% less over that five years period. it's investing 101. you want to be diversified and we need to depolitical size the allocation of capital so americans can have the retirement security they deserve. >> this is our money chose how to invest it. make more money in certain stocks they won't allow us to invest in. you are interviewersing legislation in the house. democrats have the sen

that can make the road ahead for adani very tough in the matter of esg.tch howell -- how they will devise an action and they will be sticking to private placement to ensure -- last week they said they would be releasing $1 billion of replacement and talking to investors. haslinda: what about the outlook for money managers? what has changed? sanjai: brokers and analysts are now saying that they are convinced after the published credit report, they think they have the cash to meet obligations. the repayment dates are still sticking and one large one by $100 million, which will be falling in march, they have said they will be prepaying. and the stock is all back into the safest territory, so they are slightly convinced, but it is a new week and a new day is what happens and how the stocks are reacting to those esg concerns. so break what is also trying to investigate. haslinda: set to fully unfold. pr sanjai, thank you. let's get the first word news with vonnie quinn in new york. vonnie: thank you. china's top diplomat wang yi says aging and the european uni

we are seeing ripple effects for esg investors. annabelle: that's right.f progressing. in mumbai, $2995 closing around -- adani closing around 10%. green energy is one to note as well, given the focus we have on the esg investment angle. jp morgan's investment arm now wiping their esg portfolios of adani stock. the reason i believe they are doing this is because these funds are registered under article 8 rules, inca eu convention that says they need to push an esg agenda. what we understand is that adani group itself has a collateral web. if you are investing in the renewables arm come you could also be investing in fossil fuel energy. jp morgan's asset management arm is heading for the exit. shery: annabelle in hong kong. ♪ haidi: data coming out of australia, critical retail sales number month on month we are seeing a gain of 1.9 percent. that is better than expected. and an acceleration from that contraction of almost 4% in december. it really had a lot of economists worried we were seeing the impact of faster inflation, high cost of living and rising i

essentially there is a large number of adani stocks that appear in esg phones.omething called article eight, is actually companies that is supposed to promote esg rules under eu guidelines. so if you take a look at adani stocks, they are in 500 of the so-called article aid funds, about 15% through direct exposure, the rest through index trackers. it is really just another example, as you say, of investors being paid an extra fee for this, but did not get in reality. there is an even more stringent classification, still 11 funds adani group companies held by 11 funds inthat. a lot of pressure for esg fund managers to explain more to investors, be really clear about what they are offering and what that means. rishaad: trading gunning underway proper in just under -- getting underway proper in just under one hour. a lot more to come. also looking in more detail on what is going on at adani and more. you are would bloomberg. ♪ get help reaching your goals with j.p. morgan wealth plan, a new tool in the chase mobile® app. use it to set and track your goals, big and s

her role is much broader here then esg. guy: it always has been. i am a huge fan., she is so smart when she talks about everything. what does this tell us about culture at bridgewater? sonali: because she has been there for so long, i think that's an important part of this. is there a drafting shift in her being there in this role? no, because she has been there a long time. i want to point out that this is not a story about diversity and inclusion she has been there since 2008. she is the first woman to lead a spot like this at the world's largest hedge fund. culturally, there is a ship. this is a notoriously male-dominated industry. its beings measures for the asset management community and the world's largest hedge fund. guy: huge fan, she's amazing, you're amazing. stay, right here on bloomberg. we will sit down with brett harrison, former ftx u.s. president. that is an innovaro you don't want to miss. -- that's an interview you don't want to miss. let's talk about was happening in the european ball markets. 41 basis points, the east hiked by 50 basis points an

three nights, esg... the broker will take your bonds. -diversification, futures, options.everage. [whispering] -frothy markets. psst. virtual real estate is a lock. ♪ cold hard cash ♪ j.p. morgan wealth management knows the world is full of financial noise. i'm looking at your asset mix and plan. you are right on track. great, thanks. our easy-to-use app and local advisors are here to help you figure out what's right for your investments. j.p. morgan wealth management. >>> breaking news, sources tell criminal that the u.s. military has shot down another high it will altitude object, the third in as many days. arlette saenz is at the white house. what has the white house response been? >> reporter: well, we are still waiting to hear officially from the white house about this latest takedown from an unidentified object. but they have really been confronts multiple unidentified objects and wosboth times the we house said that the president expected them to be shut down out of a augca an abundance of . bithis but he they csay critical efforts are critical. and is it it is a pr

esg, what's going on? ashley: i'll do my best.ans say these are retirement plans that should be solely focused on delivering maximum returns not advancing a political agenda and department of labor's converse y'all rule investment plan i did fiduciaries can prioritize claimant change and other social issues to invest and house republicans vote on the rule and opponents say it's an effort to oppose a social agenda on more than 10 million americans who's -- 140 million americans whose retirement plans are set by the federal government and house passage by the government are assured and it's not clear that democrat leaders in the senate will take it up and it's not close. esg we'll have to wait and see and purely investing on the basis of climate change and other social issues and republicans say that's ridiculous. stu. stuart: so do i. ash, another one, governor desantis said former disney chief bob chapek complained about his own woes. ashley: yeah, former disney ceo called and complained about the pressure he was facing over the s

then he retired.tice then he noticed that something esg was completely distorting the american economy >>istorting and he decided to fighth hi back against it.r an so we sat down with him for an . ur for a new episode >> tucker carlson today. here's part of it. we're facing a group thinkon on the left that's reallyo metastasize almost into a religiona and they use thing like climate change, like equity versulis equity over equality. you know, they we're no longer e talking about hiring people're based on merit.t hiri we're not talking about hiringng people based on diversity. forget martin luther king's. we should judge people based on their you know, their character, their qualifications, their merit. we're not just we're now openly judging people on their race or their ch . sex, thi this is this is a terrible trend in this country. i think a lot of it descendses from this esg mentality that i the left has been ablemp to impose on us through control by these asset managers of american business, america's private sector. it must be weird to see it you happen in your world.worl so when

this is bloomberg. ♪ three nights, esg... the broker will take your bonds.ation, futures, options. fiduciary. leverage. [whispering] -frothy markets. psst. virtual real estate is a lock. ♪ cold hard cash ♪ j.p. morgan wealth management knows the world is full of financial noise. i'm looking at your asset mix and plan. you are right on track. great, thanks. our easy-to-use app and local advisors are here to help you figure out what's right for your investments. j.p. morgan wealth management. yvonne: head ofthe to ukraine's number ship, while sink -- membership while saying a sanction against russia will be proposed in the coming days. haslinda amin is in singapore with a special guest. haslinda: joining us for an exclusive is yuriko backes, the luxenberg finance minister. the eo -- eu mulling over a census package over russia. what will go far enough? we are talking about the 10th sanctions package. we're looking at the first year milestone of the korean war. >> the european union together with his allies have never so quickly imposed such heavy sanctions pac

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at a time when it feels like esg is under attack >> not at ellevest, it's not more than half of our investing for impact we hid it on the website you had to go through and look for it they understand a couple of things intuitively we all are gender investors. at ellevest, we look to change that equation. and your money is evoked every dollar you use is a vote just knowing what the vote is being really intentional about it, without giving up financial returns. that's one thing about women, they're not either or, and i want a financial return and i want an impact return. >> you've done it all on wall street are we done talking about a glass ceiling here >> no. >> look where we're sitting. the current president of the new york stock exchange, a woman past one, a stowoman. first female to run a major institution. we've made great strides you know how much the women ceos raise? 1 out of every 10,000. name a bunch of other women who have started businesses and grow them to series "b. women have been under attack reproductive rights have been under attack, which is a financial, economic is

three nights, esg... the broker will take your bonds. -diversification, futures, options.iduciary. leverage. [whispering] -frothy markets. psst. virtual real estate is a lock. ♪ cold hard cash ♪ j.p. morgan wealth management knows the world is full of financial noise. i'm looking at your asset mix and plan. you are right on track. great, thanks. our easy-to-use app and local advisors are here to help you figure out what's right for your investments. j.p. morgan wealth management. ♪ guy: so are question of the day, are investors underpricing ukrainian risk? we have course i volodymyr zelenskyy in london, i suspect he is on his way down right now. let's try to ask that question to gareth mccartney. great to see when the studio, thanks for coming to cs. we've got very comfortable with a number of big risk that are out there and financial markets over the last few months. be it ecb, be it ukraine, be it what is happening with the energy story. are we at the point where we are sort of correctly comfortable with those risks, or actually are we underpricing them now? the secondar