Over the last month, we have experienced a major selloff across nearly every asset class. The S&P 500 is down by 9.4%, while bonds are also down evidenced by the 6% drop in the iShares 20+ Yr Treasury Bond ETF (TLT). In the commodity complex, the picture is more mixed. Gold is down by 8%. There is also weakness in…
Markets have remained bearish over the past week, with the double whammy of lingering inflation and federal interest rate hikes. However, the healthcare sector is expected to continue thriving amid surging healthcare concerns due to an aging population and the resurgence of COVID-19 cases. Furthermore, the demand for the digital healthcare industry is also soaring owing to its convenience and…
The Fed plans aggressive interest rate hikes to control surging inflation. The Fed aims to prevent consumers and businesses from spending by making borrowing more expensive, cooling demand, and keeping prices under control. Economists are concerned that if the Fed raises the interest rates too quickly and aggressively, it might push the economy into a recession. Amid a recessionary environment,…
The Dow Jones Industrial Average rose 0.7% on Wednesday, posting a second straight day’s gain. However, the S&P 500 ended flat, and the tech-heavy Nasdaq Composite slipped 1.2%, as the content giant Netflix Inc. (NFLX) declined some 35% in price in intraday trading on concerns over the company’s loss of subscribers. In addition, the Russia-Ukraine war has created a worldwide crisis…
The Ukraine-Russia war, the Fed’s plans for more aggressive interest rate hikes later this year to combat inflation, and deepening supply chain disruptions continue to dampen investors’ sentiment. According to the New York Fed’s survey in March, consumers could witness inflation hitting 6.6% over the next year. However, April is historically the best month of the year for the S&P 500, making it…
Psychedelics—psychotropic drugs that trigger altered states of consciousness—are gaining widespread attention. Over the past two decades, research in the area has increased, with a magic mushroom ingredient—psilocybin—showing promise for treating a range of mental health disorders and addictions. In addition, a CB Insights market research report has shown that psychedelic medicine funding was set to cross $700 million in 2021, which is…
Over the last week, the S&P 500 is down by 4%. Other than gold and oil, nearly every segment of the market is lower, especially over the last 3 days. We often talk about the importance of interest rates and earnings in terms of equities. And, these do matter the most in the long run. But, a third factor is…
Improving America’s infrastructure is one rare area of bipartisan agreement. According to Gallup, 68% of Americans expressed support for infrastructure spending. Further, in 2021, the American Society of Civil Engineers (ACE) gave America a “C” in terms of infrastructure, which was an improvement from a “D” last year. What’s remarkable is these figures are much improved over the past year and projected to…
It might surprise you to know that on average, Americans spend 5.4 hours every day on their cell phones. We use them as alarm clocks to wake up in the morning, to take pictures and videos, send emails, text friends, play games, and even make phone calls (from time to time). They have become an essential tool in our lives,…
To say the market has started the year off on the wrong foot is an understatement. This is especially true in the high beta NASDAQ growth names. The Nazzy is now off to the worst start to a year since 2008. Nervousness about the markets is evident. Both the VIX and VXN -or VIX of the NASDAQ- are near the…