Market Thoughts Archive
Posted on December 06, 2019
Donating to charitable causes is becoming more and more important to the rich, according to a new study. The ultra-wealthy gave a total of $153 billion to charity. Almost half of that amount was donated by North Americans, making them the most giving ever. There are other interesting facts in the study.
Posted on November 27, 2019
Elon Musk has announced Tesla’s new pickup truck, the Cybertruck. The car’s unusual, brutalist design, to say the least, divided people. Added to that, the announcement didn’t go perfectly either. Two of the car’s bullet-proof windows were broken with metal balls. This cost Musk a whopping $786 million.
Posted on November 20, 2019
Not long ago, we wrote about how we expected a year’s end rally on the stock markets. Just days after our blog post, the news came about the record-breaking performance of the most important indices. S&P 500, Dow Jones Industrial Average and Nasdaq Composite all reached record highs.
Posted on November 13, 2019
Just days after we have published our blog post about the effects of the holiday season on the markets, another analyst voiced his opinion about how S&P 500 can gain 3% during this season. Just like we did, he also has historical data to support his expectations. Let’s look into his reasonings!
Posted on November 06, 2019
The end of the year, especially November and December are usually strong months for the economy. During the Western holiday season, people tend to spend more than usual. Since we’re talking about several hundred million people, this extra expenditure influences the global economy. There are several things we can expect this year too.