Investors were reminded of a shocking fact: stocks do not only go up as growth stocks — tech in particular — saw their biggest daily drop since October. Over the past year, historically low interest rates have pushed investors looking for higher returns into the stock market — sending stock prices to record highs. Blame…
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Which companies will become WallStreetBets next favorite stock? — a look at the short squeeze of the decade
There’s a new investing strategy in town — and Wall Street isn’t going to like it — finding the next favorite stock on WallStreetBet, the infamous subreddit. Over the past week, the entire world has seen the amount of wealth that could be created and destroyed through the power of community — that is WallStreetBets….
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Stocks move big on Georgia Senate election results — sector recap
No one man should have all that power… Except Biden — who’s just been given even more power over federal laws and legislations. The Georgia Senate election on Jan. 5 gave Biden control of both the House and Senate — making it easier to implement major policies. Most notably… New economic stimulus could benefit the overall…
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10 takeaways from the Generation Z trend — e-sports, faux meat, ESG investing and more…
Generation Z (Gen Z), those that are born between 1996 and 2016, makes up nearly a third of the global population. According to a report released on November 10, 2020 called OK Zoomer by Bank of America — Gen Z’s income will overtake Millennials total income by the early 2030’s. 10 Takeaways: 45% of US teens are “almost…
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Power struggle continues — Growth stocks fall and value stocks rise on news of positive vaccine news
The power struggle continues between growth and value. Growth stocks fell while value stocks soared on the news of positive phase 3 clinical trial results from two vaccine makers: Moderna’s ($MRNA) vaccine showed 94.5% effectiveness — More than 9 in 10 of vaccine recipients blocked infections. Pfizer and BioNTech’s joint vaccine showed over 90% effectiveness. (Catch up: A quick lesson…
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Biden’s impact on the stock market — increased taxes and more economic stimulus
The fate of the stock markets rests on one last election outcome — a vote on Jan. 5 for Perdue’s Senate seat in Georgia, which decides the party that controls the upper chamber. Why does this matter? Any US federal laws or legislations must be approved by two groups — the House of Representatives and the Senate,…
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Biden’s impact on the technology sector – rising taxes and increased regulation
What does Biden mean for all those tech stocks investors love hoarding? Bad news first… Increase taxes on tech companies, who already pay fewer taxes on their income generated outside the US. Biden’s plans are to double the tax rate on the income these companies make internationally to 21%. Changes to Section 230, a law that protects…
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Biden’s impact on the oil & gas and renewables sector
Agenda for Biden’s first day on the job: Fix the economy Save the planet Stop a pandemic In July, Biden proposed a massive $2t budget to be spent over 4 years on clean energy sources. This will include: Achieving net-zero emissions by 2050 and transforming the US transportation sector towards electricity use. Installing a network of electric…
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