2018
March
13
Tuesday

Monitor Daily Podcast

March 13, 2018
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The United States has a new top diplomat, and we’ll get to that change in a moment. But here’s a longer-term shift that caught our eye: Between 2010 and 2015 the money held by women grew from 28 percent to 30 percent of all global wealth. That's modest progress that’s likely to continue, says the Boston Consulting Group.

Even more interesting is that women tend to make different moral choices – and often smarter ones – when they control the wealth, says a recent Economist article. Men tend to be overconfident. Women tend to seek advice, and they outperformed men in the markets by one percentage point each year, according to one study.

Here’s another difference: Women tend to care about others. Surveys show women want financial returns and social or environmental returns. For some wealthy women that means investing in women. They’re using a “gender lens” to choose stocks. While social investing has gotten a bad reputation for involving more risk and lower returns, that isn’t always true. Studies show that companies with more women in the top jobs perform better than those without. In fact, paying attention to gender equity is often an indicator of good company management.

Now to our five selected stories, reporting on what might be a voter shift on gun rights in Colorado, melding justice and motherhood in Costa Rica, and a new test of sustainable suburban living in the Sunshine State.


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Today’s stories

And why we wrote them

Jonathan Ernst/Reuters
US Secretary of State Rex Tillerson participated in a national space council at the National Air and Space Museum's Udvar-Hazy Center in Chantilly, Va., in October 2017. His last day in the post will be March 31.
Mariana Bazo/Reuters
An incarcerated mother carries a child at a nursery school inside Santa Monica women's prison in Lima, Peru, in 2016.
Karen Norris/Staff

Points of Progress

What's going right

The Monitor's View

AP Photo
The official basketballs of the NCAA.

A Christian Science Perspective

About this feature

A message of love

Bassam Khabieh/Reuters
Children look through a bus window while being evacuated from the Syrian town of Douma, in Eastern Ghouta, near Damascus, March 13. The area has been under attack by Syrian government forces.
( The illustrations in today’s Monitor Daily are by Karen Norris and Jacob Turcotte. )

A look ahead

Thanks for joining us. Come back tomorrow: We're working on a story about why some high-tax states in the US are concerned that some of their wealthiest residents may move.

More issues

2018
March
13
Tuesday
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