▼ -58.13 / -0.22%
▲ +2.45 / +0.07%
▲ +1,458.62/ +1.30%
▲ +17.55 / +0.62%
▼ -288.18 / -0.66%
▲ +248.74 / +0.83%
▲ +46.10 / +0.35%
▲ +446.90 / +1.00%
▲ +59.96 / +0.92%
JSE Top 40
▲ +328.19 / +0.61%
- SSE Composite: China’s SSE Composite appears to be leading the region, making major rebounds from second and third quarter pandemic-related devastation.
- FTSE 100: The UK’s FTSE index appears to have hit its high since the beginning of the pandemic.
- S&P 500: The US’ S&P 500 index is expected to continue demonstrating exemplary behavior, but the question remains of who really benefits.
Last Week’s Highlights
Joe Biden’s Presidential Plans
As the January 20 presidential inauguration creeps nearer, Joe Biden continues to announce future White House officials. Considering the tense relationship between the US and China during the Trump Administrator, Biden is expected to put increased focus on relations with Asia. As well, it’s likely that Biden will make a major effort to control the spread of COVID-19. Among other changes, the nature of presidential communication is also expected to shift, focusing less on social media platforms like Twitter.
Russia Starts Vaccine Campaign
Ever since the announcement of the Russian COVID-19 vaccine Sputnik, the world has been waiting to see how the superpower’s government would implement it. Now, leader Vladimir Putin has called for the mass vaccination of the Russian population. The coronavirus pandemic has hit Russian hard, with a lot of information seemingly incomplete.
Coming Up This Week
Pfizer’s Vaccine Now Available
In the UK, pharmaceutical Pfizer has officially launched its first doses of its recently approved SARS-CoV-2 vaccine. While many other of the company’s peers have announced their equivalents, Pfizer’s vaccine comes with a 95% effectiveness rating. The next steps will pertain to production and distribution, something which will be a huge challenge around the world.
The US Economy Seems Fine, But Are the Country’s People?
Just because the United States’ economy appears to be growing by trillions of dollars despite the pandemic, the reality of the situation may be a little more grim than it seems. While fewer people are claiming unemployment, the fact of the matter remains that tens of millions have been laid off in this year alone. On top of this, many indices and stocks continue to see new records. However, there isn’t necessarily a correlation between increasing wealth overall and that of the people.
More Things to Sip On…
Top expert Anthony Fauci expresses concerns over vaccine approvals.
China continues to extend its reach little by little over Indian territory.
What do people want, even in times of pandemic? Avocados.
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 –
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