Keep it simple. That's it. There's a lot going on in the world right now - domestic and overseas. It's difficult to follow sometimes and for someone who is passionate about understanding the links between financial markets, geopolitical events, and whatever else there is - it can take some time
The situation in Ukraine continues to captivate the world’s attention. How can a country as economically small as Russia and Ukraine cause such headaches? Ukraine contributes around 0.25% of the world’s total economic production (GDP). Surprisingly, the mighty Russian economy only accounts for about 2% of the world’s GDP, not even
The Apriem family's thoughts and sincere sympathies are with all who have been affected by the tragic events in Ukraine & Russia. ______________________________________________________________________ Due to high inflation, rising interest rates, and now the catastrophic situation in Ukraine and Russia, the market has witnessed a lot of volatility. So, what does
Geopolitical tensions are rising and bringing quite a bit of unpredictability to markets. What didn't roil markets was last week's commentary from the Federal Open Markets Committee (FOMC) meeting minutes released on Wednesday. The commentary investors were looking for in the Fed's minutes was regarding their stance on the number
Super Bowl weekend. Yesterday’s event has evolved into a spectacle beyond the two teams. Halftime show, LA celebrities, etc. One of the biggest changes in recent years has been the huge increase in sports gambling. Since the landmark Supreme Court ruling in 2018, over 30 states have now legalized gambling.
When I can, I spend a good chunk of my free time listening to financial podcasts or exploring rabbit holes of conversations on Twitter. I learn a lot about topics I otherwise would not have encountered, I learn about terms I otherwise would not know what they mean, and I learn
About a month ago, the James Webb Space Telescope (JWST) was launched, starting its one-month-long journey to its destination, the Earth-sun Lagrange Point 2, roughly one million miles away1. The James Webb Space Telescope is the successor to the Hubble Space Telescope, which began its mission over 30 years ago. However,
After such a calm year, 2022 has been a rude awakening. It has been a rough start to the year. While the month isn’t over, January 2022 is shaping up to be one of the worst months we’ve had in the markets for a while. Currently, the S&P 500 is down
Since the Fed released their December FOMC meeting notes, there has been a lot of chatter about interest rates recently. They indicated in their notes that in order to battle inflation, rates may have to be raised sooner than expected. Some experts predict up to three rate hikes this year, with
As some of you may know, Apriem has been adding new staff. This week’s market update was written by one of our newest staff members, Kenneth Wolin. He serves on Apriem’s Investment Team as a Portfolio Administrator and is a member of our Investment Committee. Kenneth recently graduated from Cal State Fullerton where he
