Global Growth on Shaky Ground The U.S. stock market may be flirting with all-time highs, but a recent assessment from the World Bank paints a gloomier picture. The international financial institution forecasts the worst half-decade growth in 30 years for the global economy, citing growing geopolitical strife and its potential impact on energy prices and…Read more
SoFi Hong Kong Blog - Headlines
Unveiling Consumer Debt Surge A concerning piece to this puzzle is the rapid growth in revolving credit balances, which despite decelerating since 2022 is still up 9.3% y/y as of October — that’s higher growth than anything we saw during the last economic cycle. Additionally, this year has seen record use of buy now, pay…Read more
Changing the Industry It’s crucial for musicians to develop and foster close relationships with their fans. But it can also be difficult. The rise of streaming platforms and social media has been a gift and a curse in this regard, affording musicians a more direct line to fans, while also making them reliant on Big…Read more