While sitting in his home on a lazy Saturday morning and listening to an economics program, UBS Wealth Management chief economist Paul Donovan found himself appalled at the coverage he was hearing on the economics of marriage equality.
"I was choking on my cup of tea — It was that bad a set of arguments," he told David and John Auten-Schneider on Living Not So Fabulously. "It was all about, 'We'll make more money doing gay marriages. Think of the lavish ceremonies that'll be held,'" he said. "And I was like, no, that's not it. It's all about equality and rights and people feeling valued."
Donovan's research and work focus on translating the data and economics of equality to cultivate opportunities and make a difference for the LGBTQ community. "As somebody who is gay and is in a position of some responsibility in a large organization, I have a role as a role model," he explained of his efforts. "I think there's a duty for those of us who have some platform to try and make sure that we can educate and improve the understanding overall."
The conversation also addressed why LGBTQ+ investors are different. Donovan shared some helpful guidance for the community on the nuances they should consider as they build their wealth. Listen on your favorite podcast platform or watch on our website for full episodes of Living Not So Fabulously.
#youtube #news #stocks
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, compr
|
Today we look at a story from the Sunday...
The race between America and China to le...
Extreme weather conditions are continuin...
As interest in Asian food rises, mainstr...
Two powerful earthquakes struck the nati...
President Trump delivered remarks on the...
Thousands of people gathered at the Nati...
Why are Europe's oil majors so much bett...
Premier Lacrosse League co-founder and P...
Starting on July 4, babies born between ...
CNBC's Luke Fountain is at the Great Ame...