The life of a stock is an eventful one, and it all starts at its IPO. Let’s take a deeper look as we step closer towards achieving financial fluency. What is an IPO? An IPO is an acronym for initial public offering. This represents a company’s first sale of stock to public investors. For instance, Uber has raised private capital; hence, you cannot find Uber […]
BUBBLES? SUBPRIME AUTO DEBT? WHAT? BUBBLE In the world of economics, a bubble represents a significant price increase of an asset irrespective to an increase in the asset’s underlying value. We saw it with housing prices in 2008: individuals were buying houses to “flip” rather than owning as a long-term investment. Bubbles emerge when the value of an investment is dictated by perception & speculation, […]
Stock Markets declined today. Information surfaced regarding President Trump asking former FBI director, James Comey, to prematurely end a federal investigation into Michael Flynn. Flynn was President Trumps’ former National Security Adviser who left amidst allegations of improper relations with Russia. The current political climate has created enormous uncertainty for the future. Bloomberg has even described the Trump-Comey debacle as the deepest crisis of Trump’s presidency […]