It’s always interesting to see how the stock market responds to a major news event. And this week is no exception. President Donald Trump won the election and, on Wednesday, the market went up – bigly. It seemed to unequivocally endorse the result. Or did it? Historically, the market has shown no clear performance difference…Read more
SoFi Hong Kong Blog - Headlines
I.O.U. Spoiler alert: There’s a U.S. election coming in hot. That simple fact has made certain topics more mainstream in recent days and weeks, one of which is our national debt level and the size of our ongoing budget deficit. Without getting into the political weeds, investors generally expect that the budget deficit will stay…Read more
Holiday Shopping Holidays are fast approaching, and with them the perhaps most expensive time of the year. Gift shopping, decorations, parties and celebrations – it all costs a lot. And this year, Americans are expected to “trade up” on their holiday purchases to boot. More shoppers are likely to reach for name-brand products while holiday…Read more