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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (15810)	4/15/2023 10:19:36 AM
From: Kirk ©	Respond to of 26585

Biden Barometer #1

To: robert b furman who wrote (15810)

4/15/2023 12:27:53 PM

From: Kirk ©

Respond to of 26585

From link.cnbc.com

FRI, APR 14, 2023

YOUR WEEKLY UPDATE ON TOP ETF TRENDS

A NOTE FROM BOB

President Biden said climate change is one of the biggest threats to the world, and SEC chief Gary Gensler seems to agree with him. Gensler has several new rulemaking proposals on climate change and board diversity he is seeking to adopt this year, and Republicans will be pushing back. On Tuesday, the House Financial Services Committee will hold a hearing to examine the SEC's priorities for 2023, and the SEC's Environmental Social and Governance (ESG) agenda is likely to be a major topic. The ETF community is heavily invested in ESG and will be watching closely.

To: robert b furman who wrote (15810)	5/5/2023 10:27:12 AM
From: Kirk ©	Read Replies (2) \| Respond to of 26585

Anyone else think the fancy meals in Napa during the COVID shutdown (sponsored by PG&E lobbyists) and our soaring electricity rates AND the legislation by the free meal eater (Governor Newsom) to force us to use more electricity for our autos and heating our homes is related? See my FB post PG&E’s first-quarter profits jump as utility’s revenue surges Customers’ bills could be headed higher again It sure helps to have a legal monopoly where you take the CA Governor to a fancy lunch at the French Laundry while the state was shutdown for COVID... before your multiple (one recent one was 20%) rate increases were approved along with legislation forcing us to use MORE electricity to heat our homes and power our autos “Christmas came early for Wall Street,” said Mark Toney, executive director of the consumer group The Utility Reform Network, also known as TURN. “PG&E is focusing far too much on profits and far too little on affordable monthly bills.” And while they move to force us to change from cheap, reliable natural gas and gasoline powered autos to all electric, the cost of electricity soars. Over the three years from 2020 through 2022, PG&E monthly bills for combined services rose about 39%, or an average of 13% a year. Meanwhile, the Bay Area inflation rate has risen an average of 3.8% a year. Put another way, PG&E monthly bills have been rising well over three times as fast as the pace of the Bay Area inflation rate.