By Ted Late After reaching an all-time high above 6,144 points in mid-February, the S&P 500 Index retraced all the way to sub-5,000 levels. At the time of writing, the index stands at 5,855 points, which is basically breakeven for the year. A major reason for the slowdown is macroeconomic uncertainty surrounding tariffs and the war in Ukraine. […]
Tag: Ukraine
By Chayanika Deka Bitcoin has gained significant momentum over the past week, surging 10% against the US dollar after a relatively quiet and often painful spring. After recently hitting two-month high, the world’s leading cryptocurrency appears to be setting its sights on a new all-time high, and this signals a potential new phase for the […]
By Ted Late Key highlights: In 1987, the US stock market crashed by more than 20% in a single day The underlying causes for the crash are still debatable What can we learn from 1987’s Black Monday in light of the recent market turmoil resulting from a negative macroeconomic and geopolitical landscape? Since it became apparent […]