Markets
Nikkei 225
29,815.66
▲ +97.83 / +0.33%
SSE Composite
3,432.27
▼ -20.81 / -0.60%
Bovespa
114,160.40
▼ -823.36 / -0.72%
Straits Times
3,108.25
▲ +13.03 / +0.42%
BMV IPC
47,769.87
▲ +96.05 / +0.20%
Dow Jones
32,778.64
▲ +293.05 / +0.90%
DAX 30
14,502.39
▼ -67.00 / -0.46%
BSE SENSEX
50,792.08
▼ -487.43 / -0.95%
FTSE 100
6,761.47
▲ +24.51 / +0.36%
JSE Top 40
62,587.78
▼ -599.76 / -0.95%
Market News
- Dow Jones: With economic stimulus on the horizon, the US’ Dow Jones index appears to be preparing for the best.
- FTSE 100: As the UK experiences difficulties with trade, the FTSE appears to miss out on growth others are experiencing.
- SSE Composite: China’s SSE Composite index appears to maintain a steady outlook.
Last Week’s Highlights
The Hardly-Mentioned Pandemic Conqueror? Taiwan
While millions of lives have been lost around the world, the island of Taiwan has managed to protect its inhabitants. Interestingly enough, Taiwan has only 10 reported deaths associated with the COVID-19 pandemic that has ravaged the rest of the globe. And while the debated land continues to face attempts from China to control it, other global powers (like Germany) have made it a mission to ensure vaccine access to the Taiwanese people.
Stimulus Checks on Their Way
After Joe Biden ran a presidential campaign focusing on giving aid to those most affected by the current COVID-19 pandemic, the fruits of his administration’s labor could be seen starting this week. That’s right–stimulus checks are on their way! But this wouldn’t be possible if the House of Representatives and Senate had not managed to push the bill through. It seems as though economic impulse could bring the country back on its growth track (and then some, see below).
Coming Up This Week
Can the US Beat China’s Economic Lead?
For years, China’s economy has grown in a way that other countries haven’t managed to rival. However, the United States could show growth surpassing Asia’s powerhouse. But how? The Chinese government set a goal for 6% growth for 2021, which by many standards is considered to be quite modest. In turn, the US’ newly-approved stimulus package of $1.9 trillion dollars could launch the country into a major period of growth with the potential to surpass that of China.
Brexit’s Tumultuous Trade
After the United Kingdom officially cut ties with the European Union at the end of 2020, a makeshift trade agreement was signed to keep the UK’s economy moving. The stipulations, however, are hardly as advantageous as many would have hoped for. In fact, trade has taken a major nosedive, keeping many Brits wondering about the country’s economic future.
More Things to Sip On…
Microcosms around the world, like Seattle, Washington, have managed to set global pandemic examples.
Europe’s current COVID-19 wave could be a precursor to others around the globe.
The US ignored a major hate group that led the Capitol attack.
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 March 12, 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.
