Daily Scoop 22-6-27

View this email in your browser

Today's Scoop:Snooze

The Scoop Team will be taking a special two-day break from our Daily Scoops this week, returning to our regular schedule for Thursday, June 30th.

We'll be participating in

GreenFin 22

(June 28-29, New York City), an invitation-only conference with nearly 600+ sustainability, finance, and investment leaders to share insights and address critical challenges in the space. Follow our updates on

Instagram

,

, and

LinkedIn

. We're excited to share updates from the event!

Big Picture

1. Major global economies are increasing sanctions on Russia.

2. Home sales jumped unexpectedly in May.

3. Corporations continue announcing layoffs.

The Market: 

⬇️

-0.3%

S&P 500: 3,900.11

1Mo:

-6%

| 1Yr:

-9%

| 5Yr:

+61%

Markets wavered around neutral today after a big comeback last week. We're in a bit of a

data drought

before quarter-end. Investors are waiting for an update on inflation later this week and then corporate financial reports next week.

The Group of Seven

nations continues to ramp up economic restrictions against Russia

, announcing a ban on Russian gold imports and an upcoming limitation on the sale of Russian oil. The G7 includes France, Germany, Italy, Japan, the United States, the United Kingdom, and Canada.

The National Association of Realtors reported a

surprising increase in home sales in May

, driven by higher demand in the Northeast. Home sales volumes have declined for months due to record home prices and surging mortgage rates.

Company Scoops ❤🌎💰

(Click to dig in & vote your reaction, see how others feel)

Netflix

cuts more staff amidst streaming slowdown

-

McDonald's

fixes its franchise discrimination

-

FedEx

keeps delivering

-

Meta

addresses discrimination in its algorithms

-

AMC

shareholders reject CEO pay package

(These links only work for 24 hours while the story is live)

🤓 Inside Scoop...

Shareholders

have the power to pressure corporate executives to change policy through

proxy voting

. Any investor with at least $2,000 of value in a public company can submit a proposal for other shareholders to vote on. Typically, these proposals are non-binding, acting more as suggestions to the company that it takes under consideration. If you own a fund, your vote goes to the fund's asset manager, like BlackRock or Vanguard. Those financial institutions tend to be deciding factors in these voting processes.

Make sure your inbox doesn't hide your Scoops

To prevent our emails from getting moved to your promotions or spam:

Gmail

: Move the Scoop to your "Primary" inbox:

• On Mobile: Within this email, select the dots (...) in the top right of your screen. Select "Move to" & "Primary". If it's not there, then your mailbox isn't segmented.

• On Desktop: Within your inbox, drag & drop this email into the "Primary" tab at the top left.

Apple

: Select the Scoops email at the top. Choose "Add to VIP"

You can find instructions here for all other email clients:

Save Scoops from your spam

💙 Share the scoop!

1. Share your unique link with friends & coworkers (forward or copy)

2. When they sign up you unlock exclusive rewards

3. Keep on sharing to unlock more rewards

Forward your unique link:

*|SHAREURL|*

You have made referrals