Possible Surprises The first week of the month is always a fun one in markets. But with some high profile economic data and a fresh start to a new quarter, we might be in for some fireworks too. For one, we might get some funky trading. Why? Investors often rebalance their portfolios at certain intervals,…Read more
SoFi Hong Kong Blog
Cash Crunch U.S. bank accounts were flush with savings to the tune of $2.1 trillion following the pandemic. Those savings have now run dry, according to the Federal Reserve Bank of San Francisco. And that’s having a profound impact on consumer spending and the overall economy. Consumer Contractions First things first: The reason economists worry…Read more
Patience Is A Virtue It has been no secret that markets have been on a tear over the last 18 months or so. What started as a contrarian rally has turned into a rally thoroughly embraced by the masses, underpinned by excitement over the emergence of artificial intelligence. Only the staunchest of bears remain skeptical…Read more