Upside Surprise The U.S. economy grew more than expected between April and June, easily beating expectations and raising new questions about its bifurcated state. Gross domestic product, the broadest measure of economic activity, grew at an annualized pace of 2.8% last quarter. This was more than the roughly 2% analysts had expected, or the 1.4%…Read more
SoFi Hong Kong Blog
Growing Pains Children of the 1980s know the show Growing Pains well, and hopefully many of you are quietly humming the theme song (if you’re not, this should help: “As long as we’ve got each other, we’ve got the world spinning right in our hands…”). The reality is that growing pains are a part of…Read more
President Joe Biden officially withdrew from the presidential race over the weekend, leaving analysts to reevaluate how the stock market could react to a Democratic or Republican win in November. What Is the Trump Trade? The market began pricing in a higher chance of Donald Trump reclaiming the White House after the first debate, as…Read more