SoFi Hong Kong Blog

All #WhyISoFi Headlines Invest 101 SoFi Hong Kong App

Hispanic Workers Are Driving US Economic Growth

Hispanic Workers Are Driving US Economic Growth

Estimated reading time: 3 minutes Economic Output The U.S. economy is growing, making it the envy of its peers. There are a lot of forces at work, but one demographic has had a notable impact on this recent economic growth. Hispanic Americans generated $3.6 trillion in gross domestic product (GDP) in 2022, according to a report from…Read more

Share
Hispanic Workers Are Driving US Economic Growth

August 2024 MARKET LOOKBACK

August 2024 MARKET LOOKBACK

Estimated reading time: 3 minutes A look at month-end performance data shows that August was another mostly positive month, but that misses the notable market stress in the first week of the month. The VIX surged to an intraday high surpassing 65 on August 5, as markets underwent a wave of selling and risk-off rotation. Japan was…Read more

Share
August 2024 MARKET LOOKBACK

Week Ahead on Wall Street: Takeoff in 3, 2, 1…

Week Ahead on Wall Street: Takeoff in 3, 2, 1…

The Long-Awaited Cut Is Here The Federal Reserve has remained patient (holding interest rates unchanged) and kept its eyes on the prize (getting inflation down) for over a year. Through every twist and turn, every employment and inflation report, the numerous market selloffs and rebounds, Fed officials have remained steadfast. All of that has led…Read more

Share
Week Ahead on Wall Street: Takeoff in 3, 2, 1…
PAGE