Month: January 2021

By: Jaime Svinth Whether you have been working since high school or plan to enter into the workforce after graduate school, learning how to manage your money is crucial for a secure financial future. Gone are the days of simply putting money in the bank in hopes that interest rates compound the saved money. Enter: the stock market. Put simply, the stock market connects buyers to public shares of companies. As these companies grow, shares become more valuable, and thus an original investment earns you more money than you paid for it. For some, starting to invest is an intimidating task, and one that some may put off until they are out of college. However, the sooner one can invest, the better, even if it's just $100. Owen Graduate School Assistant Professor of Finance, Jesse Bloch...

By: Rohan Upadhyay The debate over legalizing marijuana has become a hot-button and commonly debated issue in the past few years since Colorado legalized weed in 2012. Regardless of one’s personal stance, we should acknowledge that representatives in Washington are not having an honest conversation about how best to reduce drug abuse. The simple truth is that the “War on Drugs” is a product of corruption and didn’t come from actually trying to resolve the drug problem. We must address that, since it began in 1971 under President Nixon, the War on Drugs has not significantly reduced drug abuse in this country. Rather, it’s the opposite — drug abuse and drug-related deaths have risen since the 1970s (source: Center for Disease Control and Prevention and National Institute on Drug A...

By: Anton Kozyrev It would be a gross understatement to say that education has a big impact on individuals’ lives. It is often the defining factor that shapes the trajectory of one’s life, all thanks to the immense financial and economic influences it has. The United States consistently spends more on elementary and secondary education per student than any other nation in the world -- and the U.S. has among the highest secondary school graduation rates in the world. This has undoubtedly been a major factor in the U.S.’ economic growth and development in the past decades. However, as the global economy shifts in the coming years, requiring more extensive forays into increasingly complex topics and conjectures, the workforce of the future will need to expand upon its education to keep...

By: Trevor Jones A phenomenon known as the “Santa Claus Rally” is thought to generally bring each year to a close on a bullish note in stock markets, due to optimism around the Christmas and holiday season. In fact, over the last 70 years, the last five trading days of December and the first two of the new year have seen a positive return on the S&P 500 79% of the time. While this has not been as pronounced over the last decade, the principle of holiday optimism still holds true. This year, the year-end rally has been much more prolonged than the last few days of the year. Since the stock market’s sharp drop in March and April due to the coronavirus outbreak, there has been surprisingly powerful market growth, despite an economy that is still recovering from the fallout of the p...