The Dollar Abroad
The U.S. dollar finds itself as the currency of the global economy. In extreme circumstances, many countries even replace their own sovereign currencies for the dollar, in hopes of bringing much-needed economic stability. The dollar’s dominance, however, is not uncontested and its use is not without drawbacks.Continue Reading
India’s Inflated Instant Loan Market
As economies across the world have come crashing down due to the coronavirus, Indian consumers are suffering from suppressed wages, mass lay-offs, and reduced economic activity. Yet, while the entire country’s economy has been turned upside down, one sector of the market has silently exploded: Instant loan suppliers, lending money to Indian workers who desperately need the funds to pay off critical bills. These lenders, however, charge gigantic interest rates which enable them to profit off of the backs of economically insecure workers. Continue Reading
Deep learning: The Most Important Software Breakthrough
Deep learning scales up the market sizes in conversational AI, self-driving cars, and consumer applications. With the advancement in AI technologies, I believe that deep learning could create more economic value than the internet did in the future years. Therefore, I believe that we should invest in companies that are centered around deep learning, especially for companies that focused on conversational AI, self-driving cars, and AI-powered consumer applications.Continue Reading
Cryptocurrency: A Disaster Waiting to Happen?
In light of recent massive spikes in cryptocurrency, many new investors have joined the fray with a “can’t lose” mentality. In actuality, having money invested in cryptocurrency right now is anything but a “can’t lose” situation.Continue Reading
Tesla Buys Bitcoin: Good or Bad?
In February, Tesla purchased 1.5 billion dollars worth of bitcoin for investment and diversification purposes. Subsequently, its stock price plummeted. Will this polarizing move benefit Tesla in the long-term? Only time will tell.Continue Reading
Online Education Industry Boom: Should We Invest Online Education Companies Right Now?
The online education industry is expected to experience rapid growth during the COVID-19 pandemic since the majority of schools are closed. The leading online education companies such as Chegg, Coursera, and Udacity may have promising long-term growth due to the COVID-19 lockdown, but they may not be optimal investments as of now. Continue Reading
The Film Industry on Pause
The pandemic, as it has done to so many industries, has put in a pin in the production and distribution of movies and television shows, yet as so many people are forced to self isolate, the demand for content new and old has never been higher. As COVID-19 drains some sectors of the film industry and boosts others, we investigate who the biggest winners and losers of the pandemic are in the entertainment industry. Continue Reading
Autonomous Vehicles: A Beauty in Disguise?
What goes into the minds of self-driving cars? It seems that humans are so close to the creation of fully autonomous vehicles, yet as we approach this revolutionary breakthrough, there still lie a few unturned stones. Continue Reading
Supporting Black-owned Businesses: Hype Or Long Term Interest?
The Black Lives Matter movement inspired an influx of consumers to support Black-owned businesses earlier this summer. Nearly six months later, has that momentum kept up?Continue Reading
Does Driving an Electric Car Decarbonize the Economy?
What’s the greenest drive to work—especially if it’s relatively close by? With an evolving electric car economy, substituting your conventional car for an electric car and driving it daily for as long as possible (especially with a low-carbon intensive grid mix) seems the way to go. But what is the true impact of this?Continue Reading