GIGE News and Press, SoFi Gig Economy ETF From 05/21/22

Addressing the recent tumble in markets, Eitelman noted that the week of May 16 was particularly rough for U.S. equities, with the S&P 500  Index declining by roughly 4%, as of market close on May 19. The competing signals within the CVS investing framework have led Eitelman ...

The idea that DraftKings stock has fallen so far that the downside risk is minimal compared with the possible upside: a flawed notion. DKNG's cash pile continues to burn at ferocious rate. It could be ashes by 2023 and force the company to borrow heavily at high costs. DKNG's seei...

The new export orders index from S&P Global's PMI business surveys tracks foreign demand for both goods and services. In a manufacturing company, goods exports are readily quantified as those to be shipped to non-domestic customers. After the initial pandemic downturn in deman...

The overall global economic slowdown, plus China’s Covid lockdowns, are taking a toll. Apple and GE have warned their distributors about production and delivery problems due to China. Another example is falling vehicle sales in April in China for BMW, VW Group, and Tesla. Since...

Stock markets have seen immense volatility this year. The sharply rising inflation, Russia’s invasion of Ukraine and central banks raising interest rates are all weighing on equities. With volatility expected to remain high, reducing equity risk can be challenging but achie...

The rising rate, rising dollar environment continues with the dollar index hitting a 20-year high last week. That rising dollar is having an impact on the rest of the global economy but so far it has been manageable. There are a lot of companies out there that have come public over th...

Our macroeconomic forecasting team assesses how the war and latest survey data have altered the economic outlook, policymaking and recession risks. Global growth was dragged lower, principally by steep contractions in Russia and mainland China. Barring the initial COVID-19 outbreak, M...

Movements in global sector indices are consistent with investors reappraising portfolio allocations and shifting objectives towards capital preservation in real terms. The volatility in interest rate expectations has flowed into FX markets. We maintain a neutral outlook on global ...

We're seeing declining asset prices from bond to equities, and in some cases, real assets because of higher inflation. We are seeing early signs that inflation is starting to moderate. Equity market is currently pricing in the probability of a mild recession. For further det...

Today, we put UiPath in the spotlight for the first time. This SAAS concern offers a range of robotic process automation (RPA) solutions in a fast-growing market. Despite solid revenue growth since coming public, the shares are deep in 'Busted IPO' territory. A full investment ana...