What Happened This Week 7/27/2018

What Happened This Week 7/27/2018

Stocks Stay Strong It was a good week for global equities with modest tailwinds from micro and macro factors. Q2 earnings reached their crescendo this week, with 174 companies reporting and 60% of the S&P 500’s market cap will have reported 2Q earnings. On average, US companies are showing earnings growth of over 25%, reflecting strong economic conditions and the positive impact of tax reform. […]

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What Happened This Week 7/20/2018

What Happened This Week 7/20/2018

Trade Tension Turbulence Despite notable gains at the beginning of the week, the market experienced severe fluctuations following some foreign policy changes. These changes, which aim to toughen foreign-investment reviews, re-ignited trade tensions and caused U.S. stocks to decline. Many stocks, such as The Dow Jones Industrial Average (DJI), started out the week with record highs. However, the DJIA fell 0.5%, while the S&P 500 […]

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The Minimum Wage Debate

The Minimum Wage Debate

Remember when a Big Mac used to cost 75¢? Or how about when you could buy a can of soda for a nickel? Naturally, price levels increase over time (this is often called inflation), and in order to keep up with their constant rise, our wages have followed. However, many workers are dissatisfied with the pace that their salaries have grown relative to global prices, […]

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What Happened This Week 7/13/2018

What Happened This Week 7/13/2018

Banks Post Mixed Earnings Reports PepsiCo’s (PEP) quarterly results were better than expected, indicating the possibility of a gradual recovery in its soda business. PepsiCo’s North American beverage sales fell only 0.9 percent – its smallest drop in four quarters – as the company launched a vigorous marketing campaign to revive soda sales. Pepsi’s net revenue rose 2.4 percent to hit $16.09 billion, $5.19 billion […]

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