Hot Commodities Commodity markets are facing a bout of volatility. The price of wheat, oil, and even orange juice is surging, showing the tangible impact extreme weather and geopolitical unrest can have on the markets. Weathering the Storm Climate change has taken its toll on the commodities market. Cocoa and orange juice futures have reached…Read more
SoFi Hong Kong Blog - Headlines
Rising Stocks Stocks rallied last week, and the S&P 500 logged its best weekly performance of the year so far. Here’s what has the market to hot. As so often, it was more than just one thing. The Federal Reserve kept interest rates on hold as expected, labor productivity sprinkled in some optimism on the…Read more
Heavy Investment The call to invest in clean energy has been growing for years. It finally reached a tipping point when President Joe Biden signed the Inflation Reduction Act in 2022. This legislation helped spark billions in clean energy investment, including $110 billion for clean energy manufacturing. Despite this surge in investment, clean energy has…Read more