Ever heard the saying “what goes up must come down”? This past week, the meteoric rise of tech stocks and speculative stocks…
Economy
Week of 2/15/2021 Market Recap
A recap of the past week in 3 short headlines. 1. Bland Week This past week in the market was bland as the Dow recorded an insignificant gain of 0.11% while the S&P 500 and Nasdaq displayed losses of 0.71% and 1.57% respectively. Investors believed that Biden’s environmental policy would garner support for renewable energy, […]
Financial Crisis Breakdown Part Three: The Government’s Response
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 […]
Week of 1/25/2021 Recap
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 […]
Week of 1/18/2021 Market Recap
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. […]
The Coastal “Tex-odus”
By now, most have heard of several high-profile people and companies moving from California and New York to Texas. Prior to the pandemic, Texas was already experiencing a boom in both population and economic activity. Numerous companies such as Apple and Google already had plans to set up offices that would employ hundreds in up-and-coming […]
Domestic and International Electric Vehicle Markets Heading Into 2021
During the latter half of 2020, the electric vehicle market has experienced unprecedented growth, both domestically and internationally. Tesla’s ever-increasing dominance has owned both markets since the first quarter. But recently, the American titan is facing reputable competition in companies from the world’s largest electric vehicle market: China. Wedford describes this international stock rally best […]
Week of 12/7/2020 Recap
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 […]