In early September 2020, Tesla fell short of what was thought by many to be a done deal: inclusion into the S&P 500 Index. This Index is supposed to reflect the total investable market culture. A reflection on whether or not the market is healthy. Inclusion would help Tesla’s stock boost since investors can see that it is one of the most valuable companies on the market. This index did not include Tesla, the largest automotive maker by market capitalization. Also, by market capital, Tesla is the eighth largest publicly traded company on the market (Elmerraji, 2020), beating companies such as Johnson & Johnson and Proctor & Gamble (Randewich, 2020). Both of which have been included in the S&P 500 for many years.
All by Luke Kathman
Private Colleges vs. Public Colleges During COVID-19
As the Fall semester starts, colleges have taken very different approaches as to how to reopen their campuses. Some universities have decided to take very substantial precautions while others have decided to do little to nothing about Coronavirus. The response to COVID-19 on college campuses ranges anywhere from going completely online to continuing with almost all face to face instruction. Only time will tell which of these approaches will prove to be the best to reduce COVID-19 cases moving forward.
Dogecoin: The Internet Sensation
Over the past few years, Cryptocurrency has become increasingly popular with retail investors. The past few months have only amplified that popularity with the growth of economic stimulus. Some altcoin cryptocurrencies have soared, with some pushing almost 1,000% increase from last year. However, In the past several weeks, Dogecoin has been pushed to the front of the media headlines thanks to Chinese app phenomenon, TikTok.
Partisan Politics and the Stock Market
Partisan politics have played a large role in the course of the stock market's history. With Presidents, Senators, and Congressmen trying to take credit for the highs and blaming the opposing party when something turns south. Policy changes directly affect the price of stocks since they can change the investor outlook on future profitability.