COVID-19 has placed a serious financial burden on the population on top of the many infections and deaths it has caused. From shutting down our borders to foreigners to suspending all major sporting events and leagues, America has isolated itself from others and the financial impact of that has made its mark. And with this […]
Tag: unemployment
Week of 9/28/2020 Recap
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 […]
COVID-19’s Impact on Small Businesses
A surge of unemployment has shaken the US economy in light of COVID-19. American businesses, small and large, are experiencing record-low sales, record-high layoffs, and a six-month forecast that is anything but certain. In order to subdue the coronavirus outbreak, public health officials are telling Americans to wear a mask, avoid face-to-face contact, and shelter-in-place. […]
Deciphering Dumping in International Trade
Dumping is one of the most frequent economic occurrences. Dumping occurs when one company prices its goods in market A below the value it charges in market B. With dumping, this company, in turn, is able to undercut competitors in A and increase its market share. Dumping is important to understand as it surfaces in […]
The Russia-Saudi Oil War
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 […]
The History of Regulating the Financial Markets
As much as investing is crucial to our economy, so are the rules which regulate it. History shows that when regulation was misguided or lacking, massive financial and economic crises have happened. The most notable of these crises are the Great Depression and Great Recession. Regulation ultimately prevents misconduct which promotes the excessive risk of […]
What History Tells Us About the Recent Fed Rate Cut
Amidst ongoing trade tensions and a slowing global economy, the Federal Reserve has just lowered the federal funds rate by 25 basis points (0.25%). The last cut of the federal funds rate was in 2008, as the financial crisis was unwinding. However, the United States is in no financial crisis as there is solid job […]
Elizabeth Warren and Student Debt
If you are following the 2020 presidential election news, you’ve probably heard of Elizabeth Warren and her stance on student debt. Considered a front-runner in the Democratic presidential primaries, Warren has openly voiced her opinions on corruption and transparency in politics and business. Recently, though, Warren’s stance on student debt has become more and more […]
What’s Next For Investors
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 […]
Andrew Yang and Universal Basic Income
With the 2020 presidential election drawing nearer, we’ve seen more and more democratic candidates launching bids. While less popular than some of his competitors like Joe Biden and Bernie Sanders, Andrew Yang is gaining significant media attention for his strong, often radical views. One proposal he’s made is a Freedom Dividend, a spinoff of universal […]