Defying Expectations It’s Been a Long Year… for Bears Bearish sentiment was easy to come by at the beginning of 2023. Not just bearish sentiment on the stock market, but also pessimism over the Fed’s ability to control inflation, the economy’s fortitude to withstand rate hikes, and consumers’ willingness to spend as they embarked on…Read more
SoFi Hong Kong Blog
Software Squeeze Times have been tough for software vendors catering to small and medium-sized businesses, or SMBs. A tricky economic climate, with elevated inflation and high interest rates weighing on consumers, have made potential investors in the sector increasingly skeptical. Reading the Economic Tea Leaves Major players across the sector have issued cautious forecasts, including…Read more
The Buck Versus Stocks Unlike stocks, the U.S. dollar has weaken since November, and the Federal Reserve is at least partially to blame. Here’s a quick recap of how we got here: The Fed hiked interest rates aggressively to combat pandemic-era high inflation. For the past two FOMC meetings, the rates have remained unchanged, and…Read more