Sustainability, Justice, & Diversity: A Recipe For Successful Business

Companies with diverse management teams tend to outperform their peers, says Jason Ray. He discusses how the SVB Finacial (SIVB) has been closed by a California regulator. He talks about how bank stocks are dropping including First Republic Bank (FRC), Signature Bank (SBNY), and Zions Bancorp (ZION), as SIVB shares have been halted all day. He notes that sustainability and justice business models may be well positioned for long-term growth. He goes over how hawkish rate policy may create opportunities in floating-rate bonds and higher yield credit instruments. Tune in to find out more about the stock market today.