This Week in ESG and Impact Investing

Reflect on this breathtaking figure: Over $11 trillion has been erased from the nation’s stock market since mid-January of this year. That massive rubout supposedly came just three days before President Donald Trump started his term and has not recovered as much since. More recently, U.S. stocks had their largest two-day loss, $6.6 trillion jointly on April 3 and April 4. The damage has left stockholders, including Black investors, in a precarious position: What should they do as the market moves to bearish territory? Stocks surged on April 8 after Trump approved a 90-day pause on tariffs impacting most countries, per The Wall Street Journal. However, stocks crashed again on April 10 after the White House disclosed the tariff on China is now 145%. There is uncertainty about how stocks will perform subsequently. The unrest is being fueled by fears of a potential global trade war, a possible U.S. recession, and other headwinds. Rising Number of Blacks Investing in Stocks BLACK ENTERPRISE...

The U.S. Bureau of Labor Statistics reported that the Producer Price Index (PPI) for final demand fell by 0.4% in March 2025—the sharpest monthly drop since April 2020. At face value, this suggests easing inflationary pressures on businesses. However, this headline number warrants closer scrutiny, particularly given its divergence from broader economic indicators. This PPI decline comes the same month that the U.S. economy reportedly added 225,000 jobs, a figure that appears inconsistent with other labor market signals, especially the simultaneous increase of 44,000 in Black unemployment. These discrepancies raise legitimate questions about data integrity or seasonal adjustment effects that may be masking underlying weakness. Breakdown by Sector: What It Means for Black and Minority-Owned Firms 1. Food and Hospitality - Reported Change: Final demand food prices declined 2.1%. - Impact: On paper, this provides relief to minority-owned restaurants and food service businesses. Yet, volati...

In March 2025, the Consumer Price Index (CPI) for All Urban Consumers decreased by 0.1% on a seasonally adjusted basis, following a 0.2% increase in February. Over the past 12 months, the all-items index rose by 2.4% before seasonal adjustment. Key Highlights: Energy Prices: A significant contributor to the monthly decline was a 6.3% drop in gasoline prices, leading to an overall 2.4% decrease in the energy index.  Core Inflation: Excluding volatile food and energy components, the core CPI increased by 0.1% in March and 2.8% over the past year, down from 3.1% in February.  Implications for Minority-Owned Businesses: 1. Transportation and Logistics:     Impact: The decline in gasoline prices offers temporary relief in operational costs for minority-owned businesses in transportation and delivery services.     Consideration: Given the volatility of energy prices and potential future tariff impacts, businesses should strategize for possible cost increases. 2. ...

  The recent anti-Diversity, Equity, and Inclusion (DEI) initiatives and the imposition of broad tariffs share underlying themes that disproportionately affect non-white and marginalized communities, both domestically and internationally. These policies can be examined through the lens of systemic racism, as they often reinforce existing inequalities and hinder efforts toward racial and economic justice. https://www.linkedin.com/pulse/tariffs-anti-dei-backlash-twin-pillars-racist-anti-democratic-3hrze

There’s a persistent delusion running through America — a dangerous belief that Donald Trump will eventually defeat himself ("the fever will break"). That he’ll do the wrong thing, lose the wrong case, or take it too far and implode. That if we don’t “amplify” his chaos, the system will self-correct...and that demonstrations matter... But it won’t and they don't. Because this isn’t just about Trump the man — it’s about the authoritarian movement he leads and the institutions he’s hollowing out. And the reality is this: hands-off won’t work. Not now. Not ever.  READ MORE.

The March, 2025 uptick in Black unemployment raises significant concerns, particularly in light of substantial job cuts within the government sector. Our analysis shows two things: 1. Research suggests these layoffs have disproportionately affected Black workers, exacerbating existing economic disparities. 2. In light of the decline in Black unemployment, the report of an additional 225,000 jobs being added is suspect. In March 2025, the unemployment rate for Black workers increased to 6.2%, up from 6.0% in February. This results in an increase of approximately 44,392 individuals from February to March 2025. The rise aligns with projections made last month by Creative Investment Research, which anticipated that Black Americans would lose approximately 78,000 jobs between January and February, primarily due to reductions in government employment. https://www.blackenterprise.com/report-black-folks-could-make-up-almost-80k-of-employees-out-of-work-after-february-job-cuts-primarily-in-gov...