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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStocks stuck in trading range until markets get more clarity on rates, says Nuveen's Saira MalikNuveen's Chief Investment Officer Saira Malik joins 'The Exchange' to discuss rising recession risks, closing out the first quarter of 2023, and selective investment in technology.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRecession risk is now a when and not an if, says Nuveen's Saira MalikSaira Malik, Nuveen chief investment officer, joins 'Closing Bell: Overtime' to discuss the bank stock rebound and the cool CPI report, and what both mean for the market.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe January rally may run out of steam if yields rise, says Nuveen's Saira MalikCNBC's Steve Liesman and Nuveen’s Saira Malik join 'The Exchange' to react to Fed Chair Jay Powell's remarks in Washington.
Watch CNBC’s full interview with Nuveen's Saira Malik
  + stars: | 2022-12-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Nuveen's Saira MalikSaira Malik, Nuveen CIO, joins 'The Exchange' to discuss opportunity plays in REITs and navigating choppy markets.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFarmland and infrastructure are resilient plays in a recession, says Nuveen's Saira MalikSaira Malik, Nuveen CIO, joins 'The Exchange' to discuss opportunity plays in REITs and navigating choppy markets.
So why aren't developers building more affordable housing? And more recently, the Biden Administration's 2023 budget includes a proposal for $25 billion for Grants for Affordable Housing Production. "Nuveen so far has $3.5 billion in assets under management and has 120 actual affordable housing properties across the country in 25 states," West says about the company's affordable housing portfolio. "Inflation has a direct, immediate effect on the cost of building affordable housing. Research shows that the shortage of affordable housing costs the American economy about $2 trillion a year in lower wages and productivity.
London-based PRI's network of more than 5,000 signatories including Nuveen agree to take steps like urging portfolio companies to disclose more about carbon emissions or workforce diversity. She noted Princeton University recently moved to dissociate its $38 billion endowment from fossil fuel companies. https://bit.ly/3TwDttEA spokesperson for TIAA of New York said it has taken steps including asking portfolio companies to cut emissions. "Large-scale divestments by simply selling fossil-fuel-generating investments to other companies won’t necessarily reduce carbon output," said the spokesperson. Other PRI signatories have also declined to sell off energy stocks.
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