Over the past decade, technology and automation have disrupted many industries, from automotives to manufacturing. Recently, it has made its presence known in the wealth management industry, with the rise of automated money management. Allow me to introduce automated money management (AMM), an industry on the cutting edge of financial planning and the future. AMM […]
March of 2020 marked the end of the longest bull market in history, capping off an 11-year run that saw unprecedented gains. But who was the culprit behind the demise of this extraordinary time of prosperity in the markets? Many will point to the spread of the coronavirus, which has affected the lives of billions […]
Originating in Wuhan, China, the coronavirus epidemic has headlined international news for the better part of the last two months. Global health concerns over the spread of the virus have been especially heightened with the presence of Lunar New Year celebrations, the virus’s long incubation period, and the fact that Wuhan is a major transportation […]
As the holiday season approaches, many people turn to spend time with family and spread the spirit of giving. However, another behemoth force lurks beneath the surface of holiday cheer: the holiday shopping season. Traditionally, the holiday shopping season lasts from early November to mid-December. It is headlined by Black Friday, which falls on the […]
Imagine the last time you traveled abroad. You may remember hearing that goods and services are “cheaper” than in the country you came from. But how much more can your dollar buy in another country? The answer lies in purchasing parity power (PPP). This method of comparing currencies is commonly used in macroeconomic analysis. It […]
Saudi Aramco, the Saudi Arabian state-owned oil giant, was attacked by a drone strike this past Saturday. A group of Houthi rebels from Yemen have claimed responsibility for the drone strike, which affected two major Saudi oil processing facilities. But, the identity of those behind the attack is not yet clear due to conflicting reports […]
In recent weeks, global markets have been put under a tremendous amount of stress. Speculation that this unprecedented era of growth is now on the decline has increased. Market indicators such as the inverted yield curve on U.S. Treasury bonds have further pressured the bullish market, leaving the future uncertain for investors. With these troubling […]
The foreign exchange market (FOREX), is the heart that pumps the lifeblood of global trade — currency transactions. Without this facilitator for trade, the era of globalization as we know it would simply not function. However, what happens when a country purposefully manipulates its currency to gain a competitive advantage in the world of trade? […]
Year to date the S&P 500, a standard benchmark for growth in the investment community, has hit record highs by reaching an 18.67% return (as of 7/9/19), signaling strong economic growth at the heart of the United States economy. The impressive growth exemplified by the S&P 500 is just one indicator of a robust US […]
Tesla is one of the most recognizable names in the electric vehicle market. Under the leadership of company CEO Elon Musk, Tesla has changed the perception and status of EVs in society. The company’s flagship car, the Model S, spurred Tesla’s growth upon its inception. The lineup then expanded with the Model X SUV and […]