CalSTRS CIO: Exxon in Danger of Being Next Blockbuster

The video discusses the market performance in 2021, highlighting the impact of COVID-19 and the Federal Reserve's actions. It covers the strong returns in the SNP and NASDAQ, and the challenges faced by diversified investors. The outlook for 2022 is predicted to be volatile with low single-digit returns. The video also explores the growing importance of ESG and climate change in investment strategies, particularly in big tech. Cal Sters' performance in 2021 is reviewed, noting the challenges in real estate and fixed income. Finally, the video addresses Exxon Mobil's board changes and the need for energy companies to adapt to survive.

What were the main factors contributing to the market's performance in the past year?

How did the USA's market performance compare to other developed and emerging markets?

What challenges are anticipated for investors seeking yield in 2022?

In what ways are ESG funds expected to influence big tech companies?

What are the expectations for real estate and private equity in the current market?