What Happened This Week 11/2/2018

What Happened This Week 11/2/2018

The Numbers Are (almost) In… At market close (3PM) today, the winners of Rapunzl’s October Student Competition will be decided! Be sure to check the leaderboard to see if you came out on top. We want to congratulate all participants on riding out a roller coaster of a month for the markets, and remind you to join this month’s November Student Competition, which is currently […]

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What Happened This Week 10/26/2018

What Happened This Week 10/26/2018

We’re Goin’ Dow(n), Dow(n)… The recent market slump continued into this week as the Dow fell 600 points alone on Wednesday. Lead by massive dips in tech, the S&P dropped nearly 3% while Nasdaq, which lists many of our country’s largest tech companies, fell 4.4%. Many analysts are warning that the constant red days have pushed stocks into the ‘correction territory; from its previously claimed […]

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What Happened This Week 10/12/2018

What Happened This Week 10/12/2018

Dow Drops, Tech Wanes Stocks continued their steep falls this week as the Dow fell below to 25,000 for the first time since this past July. In the 2-day period from Tuesday to Thursday, the Dow totaled losses of over 5%. The NASDAQ, known for its highly tech-centered portfolio, fell more than 2% alone on Tuesday as the riskiness of the tech market continued to […]

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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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What Happened This Week 6/29/2018

What Happened This Week 6/29/2018

Trade War Fear Worries Investors The stock market took some hits this Monday due to fears of an impending trade war between the U.S. and China. The S&P 500 (S&P) lost 1.4%, but despite spending most of the session at a low, it managed to close a tick above its 50-day moving average. On the other hand, the Dow Jones (DJI) lost 1.3% and ended […]

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What Happened This Week 6/22/2018

What Happened This Week 6/22/2018

Trump Pulls US Out of UN Human Rights Council On Tuesday, June 19th, the U.S. announced its decision to leave the United Nations Human Rights Council. The Trump administration based this move on the prevalence of discussions about Iran during most UNHRC meetings, which the U.S. found to be harmful to the goal of keeping the peace. The United States demands reforms to be made […]

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What Happened This Week 6/15/2018

What Happened This Week 6/15/2018

Strong Growth is Leading to a More Aggressive Fed Federal Reserve officials have raised interest rates for the second time this year. Although this move was widely expected, the surprise in the report was that the Fed communicated that they expect that they will raise rates two more times in 2018. In the press conference, Fed Chairman Jerome Powell stated that economic growth is strong […]

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