A swift slide in treasury revenues contradicts the world’s popular 60-40 investment schemes utilized around the globe. The old investment style of mixing investment assets by following the 60% stocks and 40% bonds-formula has hit a big resistance. Investors have started using this investment scheme since the 1950s when the modern portfolio theory exploded. The popular Read More…
The number of new cases of infection of COVID-19 in the US has risen in recent times as many states ease their lockdown measures. This has prompted fears that a possible second wave of COVID-19 looms in the US. Certainly, the economy reopening resulted in the spread of the deadly Virus to many of the Read More…
The number of Americans that applied for employment benefits heightened at an unprecedented rate for the second week. The increase in the rate of unemployment shows that the expected labor market recovery is slowing down against expectations. The previous numbers of people who regularly claimed unemployment benefit reduced by 60,000 to 1.48 million last week Read More…
US New home sales hit an unprecedented record last May. The Coronavirus epidemic brought the market to a standstill. However, the aftermath of low mortgage rates it created got many buyers rushing back into the housing market. The sale of single-family houses rose by 16.6%, making the second-biggest number of sales recorded in a month Read More…
ECommerce stock prices soar high, thanks to Coronavirus and social distancing. The contemporary wave of online shopping has seen an interesting new dimension to the COVID-19 Crisis. While traditional shopping gets limited due to lockdown measures, online shopping has become more dynamic. People who previously wouldn’t purchase things online are now compelled by the present situation to start looking online. Read More…
Technically, de-urbanization would further slow down economic growth. Unlike developed nations, the continuous movement of individuals from rural regions to expanding city areas has become vital to reduce poverty in developing countries. That said, there is a need for better economic policies to ensure financial stability for cosmopolitan cities that may have long-term consequences. Responses Read More…
