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When Tesla’s CEO, Elon Musk ran a poll on Twitter for users to decide whether he should sell his stocks or not, he probably saw it as a way of including the world in his business dealings and being transparent, after claims by some Democrat lawmakers that billionaires are evading tax through unrealised gains. In...
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Buying stocks requires lots of careful consideration, or the entire activity wouldn’t be much different from gambling. Although the market may be volatile, with companies’ earnings getting affected by issues beyond their control (like the coronavirus pandemic and its aftermath), there are patterns in human behaviours and company operations that can guide you to make...
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Facebook makes the decision to change its name to Meta. In an African language, – Meta stands for “3”. Facebook’s decisions stem from an idea to have Facebook, Instagram, and WhatsApp all come under one umbrella just like when Google decided to name its parent company Alphabet. Economically, due to how Meta is connected to...
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Sticky Post
The Organization of the Petroleum Exporting Countries (OPEC) has a new policy agreement that has increased the number of barrels of oil its member countries and allies (OPEC+) can produce per day. So, what does this mean for oil exporters? In April 2020, OPEC+ approved an oil production cut by 10 million barrels per day...
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For many years, cryptocurrency has enjoyed investors’ approval because it is decentralized and unregulated by any government. It felt satisfying to be able to control an asset that was not subject to the whims of government policies and politics. But what has stood to be its major advantage for a long time has now also...
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Xavier McAllister Capital Trading
At Xavier McAllister Capital, we hire and fully fund traders that trade our funds, majorly buying and selling currencies, commodities, indexes and share prices. Hence, whether they make profit or a loss on their actual trading, they earn a salary as a trader. This allows such traders to not risk their own funds, but risk...
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A company like Xavier McAllister Capital would rely on staff to trade its assets, but increasingly, automated trading robots are a focus on trading activities of the company. One of the principles and partners of the firm has been able to leverage a software development background into providing software solutions that can potentially reduce its...
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The price of crude oil affects everyone, and it is big news when oil prices rise. We live in a global world where the price of oil becomes a global issue. It’s an issue felt around the world because of the significant impact it bears on almost every aspect of our daily lives. The products...
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