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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Trading Risk: The North Korea Summit

Trading Risk: The North Korea Summit

The Situation   For the past several weeks, a proposed summit between President Trump and North Korean leader Kim Jong Un seems to have been whimsically planned, cancelled, and re-planned. However, most recent developments suggest that the summit is confirmed and will go ahead as planned on June 12.   The North Korea summit saga, like other recent political issues such as tariff disputes, has […]

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What Happened This Week 4/13/2018

What Happened This Week 4/13/2018

Facebook Takes the Stand Over the past couple of weeks, Facebook (FB), the world’s largest social media network, has weathered one of the highest-profile corporate scandals in recent memory. Facebook has come under fire for releasing data on 50 million of its users to Cambridge Analytica, a political consulting and data mining firm that worked for the Trump campaign. In response to public backlash over […]

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