August 27, 2019

Today’s top sneaker brands like Nike and Adidas are constantly releasing new designs in limited supplies. As a result, many “sneakerheads” often miss out on the latest styles while they’re available at retailers. That’s where resale sites like StockX come in. Unlike eBay, StockX doesn’t rely on straightforward auctions to move its merchandise. Instead, the company treats sneakers like tradable commodities that can quickly gain and lose value. For example, a pair of Nike’s Jordans could debut on StockX at Continue reading

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August 23, 2019

Last Wednesday, the stock market tanked after the yield curve for the bond market became inverted, meaning that interest rates on short-term bonds grew higher than those paid on long-term bonds. The video below takes a look at this complicated concept and explains why the “inverted yield curve” can be a warning sign of a recession. 

Questions:

  1. What is the difference between short-term and long-term bonds? 
  2. Why do investors consider the inverted yield curve to be a potential sign of a recession?
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Although share prices of Uber have not dropped significantly since its terrible first two days, the ride-hailing company is still a long way off of its initial $120 billion valuation. Its competitor Lyft has had a similarly unimpressive IPO, disappointing many investors who hoped both companies would debut strongly on the market. But while these firms are performing well below Wall Street’s expectations, one new tech stock is dazzling shareholders and making competitors pay attention.

Since hitting the market Continue reading

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