The markets hate uncertainty, and now that the election is behind us investors have a clearer picture of what the future will look like. We are still waiting to see who will control the US Senate, and we have to wait until January for Georgia to hold two run-off elections.
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After five quarters of consecutive profit, Tesla has reached the holy grail of inclusion with the S&P 500. Upon its immediate inclusion on December 21, Tesla will be the ninth-largest component of the index. While one company will be added to the index, one undisclosed company will be replaced.
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Lona Mozumder is the Head of Sales at TriOptima and Vice President of Women in Derivatives, working to create a legacy of women in business and financial prudence.
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Instagram updates: everyone hates it, but no one leaves it. No matter the amount of drastic changes Instagram has made, the origin platform for influencer culture and social media marketing derives from this Facebook-owned app. The app has set standards and opportunities for small businesses and influencers to utilize their platform as an advertisement and marketing tool over the last few updates. Last week, Instagram came out with another update with an inclusion of a shoppable module for users to buy anything they might desire approved pages.
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The Trump Administration’s Clean Network Initiative poses threat to Chinese innovation and technology.
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On November 16th, 2020, the Korean Government officially announced that Asiana Airlines will be acquired by Korean Air.
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Unilever, an Anglo-Dutch multinational consumer goods company, has recently announced that they want to increase its annual sales of plant-based meat/dairy products five-fold within seven years.
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As of November 15th, 2020, Asia Pacific nations including China, Japan, and South Korea have officially signed the world’s largest free-trade agreement.
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Allegations of exploitative condition and poor working conditions have come out against major brand factories in India. There are allegations against the supermarket chains Marks & Spencer, Tesco, Sainsbury’s, and high-profile fashion company Ralph Lauren.
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Who would’ve guessed elections are great for the market? The S&P 500 has had its best week since April. At the time of writing, Biden has been declared President-elect, and it looks likely that Republicans will hold the Senate. However, the major equity indexes rose sharply on Wednesday and Thursday despite the outcome still being a toss-up. Doesn’t uncertainty translate to volatility in the markets?
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