A recap of the past week in 3 short headlines. 1. Choppy Week for Tech The romance that investors had been building with the tech sector since the beginning of the year hit its breaking point as investors realized how much it would cost to continue that relationship. Investors dumped tech stocks almost as hard […]
Along with relationships, finance and money management is the one topic parents dread to talk to their kids about the most. While parents may be able to talk to their children about the basics of savings, discussions typically stop at that. Only about 30% of parents talk to their kids about investing money and saving […]
Investment banking is a sector within the financial services industry that is focused on the creation of capital. Investment banking clients are normally limited to businesses and governments. Investment banks offer a multitude of financial services to their clients, primarily limited to capital raising operations and mergers and acquisitions (M&A). Primary Services Capital raising services […]
As the economy was collapsing and capital markets froze, the U.S. government had to take action to revitalize the economy and reduce the panic sweeping across the nation. The Fed and U.S. government’s main priority was to prevent the economy from absorbing even more damage through the use of aggressive monetary policy. Troubled Asset Relief […]
A recap of the past week in 3 short headlines. 1. Unprecedented Week This past week was quite a unique one. The market as a whole dropped this week as the Dow Jones dropped 3.27%, the S&P 500 dropped 3.31%, and the NASDAQ dropped 3.49%. All the talk on Wall Street this past week centered […]
A recap of the past week in 3 short headlines. 1. Good Week for Tech Earlier this month, people really started to doubt the strength of the rally in tech stocks. Typically, when something goes up a lot in a short period of time (ahem, Bitcoin), lots of skepticism about that growth starts to arise. […]
A recap of the past week in 3 short headlines 1. Eventful Week Every day this week had something for everyone. From highly anticipated tech IPOs to encouraging vaccine news to lawsuits against Big Tech, every day brought something new. First off, the S&P 500 fell 0.96% for the past week. Investors feared that more […]
A recap of the past week in 3 short headlines 1. Investors Thankful for the Dow Investors had plenty to be thankful for this past week, with the Dow crossing 30,000 points for the first time on Tuesday before receding to just above 29,900 points. This past week, the Dow Jones was up 2.21%, the […]
A recap of the past week in 3 short headlines 1. Investors Are Spooked Stocks had their worst week and month since March after indices closed down on Friday. A record spike in COVID cases along with election jitters are leading to volatility last seen when COVID hit the markets earlier this year. With much […]