#MoneyMoves

What Happened This Week 3/8/2019

What Happened This Week 3/8/2019

WHAT HAPPENED THIS WEEK?   Fast Facts 📈The US trade deficit grew to $891 billion in 2018, a 10-year high, after adding over $100 billion since Trump took office. US Markets declined over 2% as investors digested this news amidst trade war concerns.   🗣President Trump publicly criticized Federal Reserve Chair Jerome Powell again this weekend, accusing Powell of “liking” raising rates. Markets are currently […]

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What Happened This Week 3/1/2019

What Happened This Week 3/1/2019

WHAT HAPPENED THIS WEEK?   Fast Facts 🎬Green Book won the Oscar for best picture on Sunday, a surprising victory for the low-budget filmed produced by an Alibaba (BABA) subsidiary.   🛠Amazon (AMZN) is deploying tools to prevent fake goods from making it to its site, the company announced this week in a response to the continued backlash over counterfeit products.   🚙Apple (AAPL) fired […]

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What Happened This Week 2/22/2019

What Happened This Week 2/22/2019

WHAT HAPPENED THIS WEEK?   Fast Facts 🏀Duke’s Zion Williamson ripped through his Nike (NKE) shoes and injured himself during Wednesday night’s highly-anticipated game against UNC. Nike shares fell 1.5% following the incident, however, the stock recovered quickly to end the week.   💳Apple (AAPL) and Goldman Sachs (GS) will soon be unveiling a joint credit card, the Wall Street Journal reported on Thursday.   […]

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What Happened This Week 2/15/2019

What Happened This Week 2/15/2019

WHAT HAPPENED THIS WEEK?   Fast Facts 📈The US budget deficit rose to $319 billion in the past 3 months while national debt reached $22 trillion on Tuesday, attributed to increased government spending amid flat revenue caused by the slew of 2018 tax cuts.   🎮Electronic Arts (EA) rose 21% this week as its latest free-to-play battle royale game release, Apex Legends, is competing well […]

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What Happened This Week 2/8/2019

What Happened This Week 2/8/2019

WHAT HAPPENED THIS WEEK?   Fast Facts 📅The February 15th deadline for the temporary re-opening of the government is approaching fast as both sides still refuse to budge from their severely anti- and pro-wall mentalities. President Trump spent much of his State of the Union address on Tuesday talking up the “southern border crisis”.   🇨🇳President Trump said it was “unlikely” that he would meet […]

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What Happened This Week 2/1/2019

What Happened This Week 2/1/2019

WHAT HAPPENED THIS WEEK?   Fast Facts 🕰The Federal Reserve voted unanimously to hold rates flat between the current 2.25-2.5% range on Wednesday as they promised to stay ‘patient’ with future hikes.   🇨🇳Trade talks with China started up again on Wednesday as chief economic officials from both countries met in Washington. This came two days after the investigation into Huawei Technologies expanded after charges […]

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What Happened This Week 1/25/2019

What Happened This Week 1/25/2019

WHAT HAPPENED THIS WEEK? ⚡️ Fast Facts ⚡️  After 35 days, the United States government is open for business! 420,000 government employees will receive $6 billion in backpay as Trump agreed to open the government in exchange for $0 in funding for a US-Mexico wall. White House chief economic advisor, Kevin Hassett, announced that the US could post zero growth in the first quarter of 2019 due to the shutdown. […]

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What Happened This Week 1/18/2019

What Happened This Week 1/18/2019

WHAT HAPPENED THIS WEEK? ⚡️ Fast Facts ⚡️  Strong Q4 bank earnings helped continue the Dow and S&P’s recent surge as Goldman Sachs (GS) and Bank of America (BAC) both beat expectations after-hours on Tuesday as they jumped 10% and 7% respectively following the news. 🇨🇳 China announced on Monday its imports fell by 7.6% from last December, the biggest decline since 2016, while exports fell 4.4% due to […]

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What Happened This Week 1/11/2019

What Happened This Week 1/11/2019

WHAT HAPPENED THIS WEEK?   Fast Facts ⏱A long-term shutdown would make the economy’s future significantly harder to predict, cautioned Federal Reserve Chair Jerome Powell on Thursday. He also announced that the Fed would be “waiting and watching” the strength of the market in regards to future rate hikes.   🗣Trade talks with China were boosted Monday when President Xi Jinping’s top aide, Vice Premier […]

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What Happened This Week 1/4/2019

What Happened This Week 1/4/2019

WHAT HAPPENED THIS WEEK?   Freeze All Market Functions The government shutdown has poured into 2019 as it reaches week two 🗓 of the partial closing of several federal departments. Beginning the night of December 21st, the shutdown forced nearly 400,000 federal workers to spend the holidays at home without a paycheck. In addition, it is taking a toll on our current economy while potentially […]

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