A recap of the past week in 3 short headlines 1. Volatile Week Stocks had a rough and volatile week, with new information about stimulus, the current economic recovery, and coronavirus numbers. Stocks opened this week up by rising on Monday but then fell for the next three days. They rose on Friday when data […]
Accounting is like the language of business in that it can communicate how a business is doing financially. Accounting is a process that tells us how much money is involved in certain business and financial activities. In accounting, there are two types of users: external users and internal users. External users, such as banks and […]
1. Stocks Firing On All Cylinders U.S. equities have continued to rise amidst talk of a $1.8 trillion stimulus package endorsed by President Trump. However, opposing takes from both Democrats and Senate Republicans threaten to derail the package. The S&P 500 closed at $3,477.13, approaching its all-time high at $3,588.11. The Dow Jones and NASDAQ […]
A recap of the past week in 3 short headlines 1. Positive Vibes? Happy October! This past week broke the losing streak of the S&P 500 as it finished 1.52% higher for the week. The NASDAQ finished 1.48% higher as well. After 4 consecutive weeks of finishing lower, this past week’s developments could indicate that […]
I accepted my internship offer at the US Securities and Exchange Commission in March 2020. Just a week later, COVID-19 hit the Bay Area harder than almost anywhere else. It forced most of my school work from UC Berkeley online and all but guaranteeing that the internship would be virtual too. Nevertheless, I had an […]
A recap of the past week in 3 short headlines 1. Is It Over? This past week was the 4th consecutive week that the S&P 500 declined. Continuing its downward trends from the previous weeks of 8/31/2020, 9/7/2020, and 9/14/2020, the S&P 500 and continued their decline as many investors continue to lower their expectations […]
A recap of the past week in 3 short headlines 1. Three’s a Crowd This past week was the 3rd consecutive week that the market declined. Continuing their trends from the previous week of 8/31/2020 and 9/7/2020, the S&P 500 and NASDAQ continued their decline as many investors began to feel uneasy with the current […]
Hedge funds are financial partnerships that use pooled funds and employ different strategies to earn the highest possible returns for their investors. They are run by a fund manager, also known as the general partner, whose job is to maximize returns and eliminate risk as much as possible. Hedge funds are considered to be more […]
1. Another Wild Week This past week was a major “L” for many investors. Continuing their trend from the previous week of 9/1/2020, the S&P 500 and NASDAQ continued their decline as many investors began to feel uneasy with the current valuations of stocks. The S&P 500 and the NASDAQ fell up 2.51% and 4.06%, […]
A recap of the past week in 3 short headlines. 1. A Healthy Correction or a Warning Sign? After surpassing pre-pandemic record highs, the market pulled back heavily on Thursday with the S&P down 3.6%, the NASDAQ down 5%, and the Dow Jones down 2.8%. Tech was hit especially hard, after its disproportionately large increase […]