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Joe Biden is the US’ next president

newsflight november 16

Markets

Nikkei 225

25,385.87

▼ -135.01 / -0.53%

SSE Composite

3,310.10

▼ -28.57 / -0.86%

Bovespa

104,723.00

▲ +2,215.99 / +2.16%

Straits Times

2,711.39

▼ -0.51 / -0.02%

BMV IPC

40,791.81

▲ +455.86 / +1.13%

Dow Jones

29,479.81

▲ +399.64 / +1.37%

DAX 30

13,076.72

▲ +23.77 / +0.18%

BSE SENSEX

43,443.00

▲ +85.81 / +0.20%

FTSE 100

6,316.39

▼ -22.55 / -0.36%

JSE Top 40

52,499.45

▲ +135.85 / +0.26%

Market News

  • Dow Jones: The US’ Dow Jones index jumped 300 points on Friday, leading the three main US indices. 
  • Nikkei 225: Despite closing slightly down on Friday, Japan’s Nikkei index appears to be leading East Asian economies through the pandemic, up 7.56% over the past month.
  • BEL 20: Despite rising case numbers in Belgium, the country’s Bel 20 appears to be going strong, closing Friday up 0.53%.

Last Week’s Highlights

Joe Biden is the US’ Next President

The people of the United States have spoken, and Joe Biden, along with running mate Kamala Harris, is poised to enter the Oval Office in January. Current President Donald Trump, however, refuses to acknowledge the Electoral College’s votes. And while many Republicans continue to remain silent, some have actually been calling for Biden to be looped into presidential matters, even before he officially takes office.

Hurricane Eta’s Devastation in the Caribbean

Now a tropical storm, Eta heads up the Atlantic coast of the United States, it leaves behind grave damage across the Caribbean. Central American countries, like Honduras, Guatemala, and Nicaragua, were particularly affected, with dozens dead and many more missing and now homeless.

Coming Up This Week

The Pfizer Vaccine, Will it Work?

Pharmaceutical giant Pfizer and German company BioNTech announce the progression of its COVID-19 vaccine through its third round of clinical trials. This means that this will likely be the very first vaccine available on the market. The research shows that the vaccine is around 90% effective, a relatively high percentage. The question now is how it will be produced and distributed around the world.

Tech Monopolies Continue to Thrive in the EU

Despite being hit with a massive fine of €1.49 billion in early 2019, Google has remained relatively unscathed in the EU’s antitrust fight. In fact, this amount is minimal, considering that over the last decade the tech giant has faced over €10 billion in fines. Now 135 different companies in the same industry have banded together to hold the European Commission accountable.


More Things to Sip On…

Can tropical climates also experience wildfires? In South America, one of the world’s largest wetlands is going up in smoke.

Is there any hope for the US economy? The Fed paints a grim picture.

Why fish heads are reducing hunger and waste.


Academy

5 Investment Tips To Become A Smart Investor

simple investment tips

“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.”

Learn more »

6 Steps to set your Personal Financial Goals

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.”

Learn more »

20 Side Hustle Ideas to Boost Your Income

side hustle

“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.” 

Learn more »

“During recession greed dies, frugality survives.”
– Amit Kalantri –


Disclaimer
Visit our Disclosures section for additional information. All market information provided was collected in the afternoon of November 13, 2020. 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.

MARKET NEWS

More Things to Sip On…

FlexACADEMY

Disclaimer
All information provided was collected up to the last business day of the previous week of the release of this NewsFlight. 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 NewsFlight are not representative of FlexInvest.