Financially Unwell It’s tough being a millennial. First blamed for killing everything from big box gyms to American cheese, this demographic group has much bigger problems: their finances. Elder millennials are finding themselves with the highest level of debt of any age group. Americans aged 35 to 44 carry median liabilities of about $140,000, according…Read more
SoFi Hong Kong Blog
Breaking Foreign Dependence Let’s talk about how the pandemic has changed the world and made it more self-sufficient. For years, globalization was the name of the game, with countries relying heavily on each other for financial markets, supply chains, and more. But then, boom! The pandemic hit, and everything went haywire. The global economy took…Read more
The Fed’s Influence on Gold Prices The price of gold recently hit a record high, but the economic factors that typically drive investors to rush to the safe haven metal are not present. So what happened? The reason may instead have to do with the Federal Reserve. Many investors believe the central bank is at…Read more