Wednesday, September 06, 2023

Go Woke Go Broke ETF Launched

Tuttle has launched an and Inverse Socially Conscious ETF (Exchange Traded Fund) that aims to short companies that follow the latest con "woke" investment policies.

Companies such as Disney and Budweiser will doubtless be amongst its targets.

In the short term this may well have some traction. However, as compliances begin to realise that woke financial policies are a good way to lose money, they will change tack and abandon them. As such, I doubt this ETF will have a long shelf life.

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