A trader work the floor at the New York Stock Exchange in New York City on December 21. Global stock and bond markets are not evolving to keep up with the demands of the modern era, funnelling savings into wealth accumulation rather than human and planetary welfare. Photo: Getty Images via AFP
A trader work the floor at the New York Stock Exchange in New York City on December 21. Global stock and bond markets are not evolving to keep up with the demands of the modern era, funnelling savings into wealth accumulation rather than human and planetary welfare. Photo: Getty Images via AFP
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

Stock markets failing to meet changing world’s needs for infrastructure and climate finance

  • Stock and capital markets are not keeping up with the pace of progress elsewhere, potentially forcing governments to raise taxes to fund needed development
  • Evolving would enable stock markets to direct savings into areas essential to human and planetary welfare rather than financial wealth accumulation

A trader work the floor at the New York Stock Exchange in New York City on December 21. Global stock and bond markets are not evolving to keep up with the demands of the modern era, funnelling savings into wealth accumulation rather than human and planetary welfare. Photo: Getty Images via AFP
A trader work the floor at the New York Stock Exchange in New York City on December 21. Global stock and bond markets are not evolving to keep up with the demands of the modern era, funnelling savings into wealth accumulation rather than human and planetary welfare. Photo: Getty Images via AFP
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