Markets
Nikkei 225
29,663.50
▲ +697.49 / +2.41%
SSE Composite
3,551.40
▲ +42.32 / +1.21%
Bovespa
111,432.60
▲ +1,397.43 / +1.27%
Straits Times
2,973.00
▲ +23.96 / +0.81%
BMV IPC
44,965.98
▲ +373.07 / +0.84%
Dow Jones
31,560.16
▲ +627.79 / +2.03%
DAX 30
14,012.82
▲ +226.53 / +1.64%
BSE SENSEX
49,849.84
▲ +749.85 / +1.53%
FTSE 100
6,588.53
▲ +105.10 / +1.62%
JSE Top 40
62,107.04
▲ +1,352.74 / +2.223%
Market News
- S&P 500: The US’ S&P 500 index appears to continue the growth that started back in the last quarter or 2020.
- Nikkei 225: In Japan, the Nikkei 225 shows as though it is rebounding from the last half of 2020’s major slump.
- DAX 30: While the DAX 30 index in Germany has had some major ups and downs in the last few months, the general trend is tending up.
Wild Card
Medical grade mask shortages have marked the pandemic. DemeTech has millions sitting idle.
Last Week’s Highlights
Another Player Enters the Vaccine Arena, J&J
The American pharmaceutical giant Johnson and Johnson has officially entered into the vaccine distribution arena. As of last week, the US’s FDA approved J&J’s vaccine. What makes this vaccine unlike those of Moderna and Pfizer/BioNTech is that it has shown to prevent nearly as well against COVID-19 with just one shot. The competition, however, has been working with a two-stage vaccination process. So while it may seem as though Johnson and Johnson got to the field late, they actually may be leading a whole new ball game.
The Czech Republic Feeling Europe’s Second Wave
The pandemic first exploded in Europe in Italy, France, and Spain… Now the Czech Republic appears to follow the pattern. The Central European country hadn’t seen a major spike in cases, that is until the last few months of 2020. Now in February, there are over 1,200,000 official cases that have been reported in a country of just around 10 million.
Coming Up This Week
Biden’s Breakout Bill
If the new President of the United States, Joe Biden, is successful, millions of Americans will be able to cash in $1,400 stimulus checks in the near future. The first round for the new legislation made it through the House of Representatives, and is now moving forward to the Senate, where it will await its fate. The proposed measures in this bill would tackle a variety of economic issues the country is currently facing due to the coronavirus pandemic, including helping individuals, small businesses, and more.
Is Bitcoin Really the Future?
Major Wall Street investors, like Citi and Goldman Sachs, could soon be all-in on the blockchain cryptocurrency Bitcoin. The astronomical growth in value of Bitcoin in the last ten years or so has prompted many investors to start to pay much closer attention. And while many people have become millionaires overnight thanks to Bitcoin’s volatile nature, some experts are skeptical that good news won’t last for forever.
More Things to Sip On…
France’s former president is given jail time.
Texas’ historic winter storm continues to cause financial casualties.
Racism, basketball, and COVID-19.
Academy
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 –
Disclaimer
Visit our Disclosures section for additional information. All market information provided was collected in the afternoon of February 26, 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.
