#MoneyMoves

What Happened This Week 4/5/2019

WHAT HAPPENED THIS WEEK?   Fast Facts 🎬The Department of Justice warned the Academy against excluding Netflix (NFLX) from its award ceremonies on Wednesday, adding greater validity to the lead streaming service’s original content.   📉Tesla (TSLA) announced lower than expected delivery and production numbers in the first quarter of 2019 on Thursday. The company’s stock was down 10% pre-market.   📈Bitcoin surpassed $5,000 this […]

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What Happened This Week 3/29/2019

WHAT HAPPENED THIS WEEK?   Fast Facts 🤝Treasury Secretary Steve Mnuchin announced that trade talks with China are “very productive” and the two sides are simply working out the language translations in each country’s report. The nearly year-long trade war seems to be approaching an end.   🇬🇧UK Prime Minister Theresa May announced she will resign after Brexit concludes on Wednesday. The news follows more […]

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What Happened This Week 3/22/2019

WHAT HAPPENED THIS WEEK? ⚡️ Fast Facts ⚡️ 🇨🇳 Chinese tariffs will not be lifted until Beijing shows proof of compliance with any trade deal agreed upon, President Donald Trump announced on Tuesday, causing investors to worry that this trade war is more aptly described as a ‘trust’ war between the two nations.  Crude oil to reached its highest level in 4 months, surpassing $60 for the first time since […]

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What Happened This Week 3/15/2019

WHAT HAPPENED THIS WEEK?   Fast Facts ✈️Another one of Boeing’s (BA) 737 Max model crashed this weekend in Ethiopia, killing all 157 passengers. Boeing stock fell 10% pre-market on Monday and continued to fall throughout the week as nearly all major countries, including the US, called for the specific model to be grounded indefinitely following its 2nd major crash in the past 6 months. […]

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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?   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?   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?   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?   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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