US and China’s Complicated Relationship
One country is deviating from the rest of the world. Yesterday, China lowered their interest rates in an attempt to stimulate slowing growth. Meanwhile, the US prepares to raise rates this year.
Economy
What are the market impacts of Omicron, the new COVID variant?
Those disappointed with this year’s Black Friday deals were pleasantly surprised to find stocks on sale. Last Friday, The World Health Organization declared the newly discovered COVID variant, Omicron, a “variant of concern” — sending out Delta vibes across the world. Markets sold off sharply on Friday before bouncing back Monday.
Biden’s last resort to lower oil prices sees little impacts
Biden is releasing 50M barrels of crude from the Strategic Petroleum Reserve — in coordination with Britain, China, India, Japan and Korea — for the first time in a decade.
COVID cases rise but investors look past their temporary impacts
20 months into COVID and infections are still surging globally. But this time, consumers are carrying on with their Thanksgiving plans and investors are optimistic about their returns.
Monthly horror show: Inflation numbers spooks investors
Inflation will haunt your portfolio for months to come. US Consumer prices jumped 0.9% in October (6.4% compared to Oct 2020) — the highest level in 30 years.
How will the Fed tapering impact investors?
The biggest (expected) news in the market this week is the start of “tapering” — the process of slowly reducing bond purchases by the US Federal Reserve, the organization in charge of maintaining financial stability.
But what does tapering even mean and how does this impact you?
