▲ +40.68 / +0.14%
▲ +27.63 / +0.81%
▲ +404.14 / +0.33%
▲ +16.99 / +0.53%
▲ +184.27 / +0.38%
▲ +164.68 / +0.48%
▲ +204.42 / +1.34%
▲ +28.35 / +0.06%
▲ +36.03 / +0.52%
JSE Top 40
▲ +818.11 / +1.32%
- DAX 30: In Europe, many indices, like Germany’s DAX 30, are showing off and starting to beat highs from 2018.
- Dow Jones: On Thursday, the Dow Jones reached its highest-ever value, a possible result of optimism.
- SSE Composite: Unlike many other markets, China appears to be struggling to rebound. Its SSE Composite still shows no signs of speeding up anytime soon.
Last Week’s Highlights
US Sanctions Hit Russia
After years of investigations over Russia involvement in issues of cybersecurity in the United States, President Joe Biden’s administration has officially put economic measures in place to pressure leader Vladimir Putin. These sanctions come not only after attempts to skew the 2016 and possibly 2020 elections, but also other hacks into US governmental agencies and more. Though these measures push Russia to reconsider, Biden commented that the administration felt it an adequate amount of pressure, considering the damning findings of official investigations.
Vaccine Distribution Exposes Socio-Economic Inequality
The current COVID-19 pandemic has only further exposed growing inequalities around the world, from socio-economic status, to race, to gender, to geography. Marginalized communities appear to be the hardest hit, with higher numbers of infections and resulting deaths of those unable to work from home or unable to access healthcare. The latest edition is seen in vaccine access and distribution, with especially wealthy communities and individuals having a serious leg up in receiving their doses.
Coming Up This Week
What Even Are NFTs?
NFTs, or non-fungible tokens, have been all investors have been talking about for, especially over the last few months. But why, you may ask? NFTs are digital records of one-of-a-kind assets. These ‘assets’ ranges from the originals of viral memes, pieces of art, and even a New York Times article. These NFTs are paid for in cryptocurrencies, but have especially taken off with Ethereum. And while many of those who first jumped at the chance to buy and sell NFTs managed to make millions, the brand-new nature of these securities has resulted in serious volatility during April of this year.
This New Paint Could Save Us All Energy
Alright, a new paint is in the news. Is that even possibly MORE boring than watching paint dry? Not really. In fact, this new paint, considered the “whitest ever”, could save some real money. This is because this white reflects all but around 10% of sunlight, rejecting the absorption of energy and resultant heat. Resultantly, less air conditioning is necessary to cool the interior of a home, lowering energy bills.
More Things to Sip On…
New US legislation to ‘close the gender pay gap’ in motion.
Stocks all over the world make major strides and break records.
Raul Castro officially steps down in Cuba.
5 Investment Tips To Become A Smart Investor
“Why don’t you invest? Or why do your friends not invest? Many millennials report mistrust of the market, lack of know-how, insufficient funds, and student debt as barriers that prevent them from investing.”
6 Steps to set your Personal Financial Goals
“No matter what stage of life you currently find yourself in, we’re pretty sure that you’ve given some thought about both your short- and long-term personal financial goals.”
20 Side Hustle Ideas to Boost Your Income
“A side gig, moonlighting, or, as the kids call it these days, a side hustle is an excellent way to diversify your income, make a hobby profitable, and even build your confidence.”
“During recession greed dies, frugality survives.”
– Amit Kalantri –
Visit our Disclosures section for additional information. All market information provided was collected in the afternoon of April 16, 2021. The purpose of NewsFlight is to summarize and make accessible information on a variety of topics within the world of investing and personal finance, and thus cannot be considered formal research or reports. All sources utilized to compile the NewsFlight newsletter are considered trustworthy by the FlexInvest team. FlexInvest is not affiliated with and does not receive remuneration from the news sources used to compile NewsFlight. As well, any images or logos incorporated into the NewsFlight newsletter are not necessarily property of FlexInvest and may solely be included to provide context for the news covered. NewsFlight should not be taken as advice to sell or buy securities or to make any investment. When investing in securities or other financial products, there is always the potential to lose money or asset value. FlexInvest recommends that its users consider their investment objectives and risks before investing. Additionally, any projections or analysis made by authors of NewsFlight cannot be considered as a promise of future trends or returns. Opinions expressed in News Flight are not representative of FlexInvest Inc.