Truth Social's SMAs: A Right-Wing Riposte to Left-Wing ESG Investing

In the polarized landscape of modern finance, investment strategies are increasingly becoming proxies for ideological battles. On the left, Environmental, Social, and Governance (ESG) investing has emerged as a dominant force, channeling capital toward companies that align with progressive priorities like sustainability and social equity. Now, Trump Media & Technology Group (TMTG), the parent company of Truth Social, has launched its "America-First" Separately Managed Accounts (SMAs)—a move that can be viewed as a deliberate right-wing counterstrike to the ESG wave sweeping through Wall Street.

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