7 results for tag: economics


Meet Peeptrade’s Past Trading Contest Winner

The Past Winner In preparation for our upcoming trading contest, we interviewed the victor of our previous contest, Nicholas Rossolillo. Nicholas ended the first trading contest with a mind-boggling Sharpe Ratio of 9.615, which is 3.849 higher than the second-placed investor. His style of investing is aggressive, and he trades primarily in equities. Nicholas began investing by himself in 2005, when he opened a Roth IRA after finishing high school. From 2012 -2014, he worked as a financial advisor at Edward Jones, before founding his own firm, Concinnity Financial, in October of 2014. Currently, he is the President of Concinnity Financial, and he ...

The Brexit is Now a Reality

There will be a Brexit after all A few days ago, we asked our Twitter audience what their opinions were on the Brexit. It seems our poll correctly predicted the out come of the EU Referendum after all.  https://twitter.com/peeptrade/status/744903024464662528 We want to remind you of what was at stake here, and what just happened. On June 23rd, voters decided the United Kingdom will no remain a member of the European Union. But who were these voters? According to Express, voters were persons over 18, and included: British and Irish citizens living in the U.K., British and Irish citizens living overseas who have registered to vote in ...

A Global Thriller: The Red Metal, the New Car, and the Miners in Chile

The story of copper illustrates perfectly just how interdependent and volatile the global economy is. China’s economy slows, so miners in Chile fret over the sagging price of “the red metal”, while America’s flirtation with electric cars elates some as great news for copper.  Why an upcoming Tesla “affordable model”, all-electric car should be a smash hit, just when the pump price of gasoline is so low, is itself quite a story. The ripple effect begins, of course, with China’s infrastructure and construction industries. Since copper is terrific at conducting electricity, it makes its way into everything from pipe, refrigeration ...

Uncertainty Can Be Good

Can being uncertain be an asset? Do great leaders change their minds? Research says yes. Do certain personality traits make you more likely to be correct when making predictions about the future? That’s what Professor Philip Tetlock from the University of Pennsylvania wanted to know, and that's why he divided the realm of “experts” from several fields into two classifications. “Hedgehogs” were experts associated with big theories, confidence in their forecasts, and a reluctance to second-guess themselves. “Foxes,” on the other hand, were those who "knew many little things", were less confident, and often contradicted themselves...

The End is Near, and so is SXSW!

The end is near for those waiting to join Peeptrade’s social trading community. In the past several hours, Peeptrade has invited nearly 3,000 early access subscribers and plans to open its entire platform to the public at South by Southwest this year in Austin, TX. The decision to open up to the public was prompted by the fact that Peeptrade was chosen as an alternate in the South by Southwest Accelerator this year, where the company will be pitching from March 12 through March 13. Peeptrade will be building hype for the opening by attending events such as the 2016 Pre-SXSW Startup Crawl, the SXSW 2016 Startup Village, and SoFin @ SXSW ...

Economic Paradoxes Challenge Investors

Let's start by talking about President Obama. By some estimates, 14 million jobs have been created during his term of office. To many people, it does not feel like enough. The marketplace contradicts itself, and making sense of it demands close attention. A few savvy investors navigate these contradictions well, and they bear watching. For everyone else, it's like trying to do a handstand on quicksand due to market volatility being able to drag a portfolio down at any moment. You would think that an economy down to 4.9% unemployment after the recession of 2008 would be filled with investors slapping high-fives, so why the pessimism? One ...

2016 Market Snapshot

We all know that 2016 is now known as the worst start of the year in the history of financial markets. But how bad are they? There are some sectors and markets that are performing worse than others, this is why in Peeptrade we give you a snapshot of the different markets across different asset classes. US Emerging Markets Non US Developed Countries Commodities Currencies *All data as of market close January 27, 2016 Most people lose money in a bear market, but there are a whole host of different strategies that can be very profitable during a turmoil. At Peeptrade you can see how experts trade all different kinds of ...