EUFN

It’s reality-check time for ESG funds.

In financial markets filled to the brim with froth, one of the more speculative corners is showing signs of bubbling yet again.

Across Wall Street, signs of speculative excess are everywhere. Penny stocks surging. Cash pouring into trendy thematic bets. Risky debt paying less than ever. With unchecked animal spirits and historic valuations, what’s an investor to do?

Eurozone output likely contracted in Q4 2020 and the resurgence of COVID-19 poses downside risks to the short-term economic outlook, said European Central Bank President Christine Lagarde in her introductory

"I think the factors that have hurt this sector in the past are now, finally, switching from headwinds to tail winds," Harris Associates' David Herro told CNBC.

"I think the factors that have hurt this sector in the past are now, finally, switching from headwinds to tail winds," Harris Associates' David Herro told CNBC.

The U.K. financial sector, which was excluded from last week's Britain-EU trade deal, loses automatic access to the EU's financial markets on Thursday.And while financial firms have been preparing for

The European Central Bank is easing its ban on banks paying out part of their 2019-2020 profits to shareholders if they have enough capital."The ECB expects dividends and share buybacks