Finance, investing, and market commentary by Andrew Lokenauth
Andrew Lokenauth: Investing $145 weekly in S&P 500 can yield $1.4 million at retirement
Andrew Lokenauth outlines the benefits of consistent investing in a Roth IRA. An annual limit of $7,500 is equivalent to weekly contributions of $145. According to Lokenauth, investing $145 a ...
Adjustable rate mortgage led to unexpected payment increase, Andrew Lokenauth notes
Andrew Lokenauth shares an example of a neighbor who purchased a home in 2020 when mortgage rates were at 3 percent. The neighbor chose an adjustable rate mortgage expecting rates to drop below 2 ...
Andrew Lokenauth: NVIDIA aims to dominate laptop market with full-stack strategy
Andrew Lokenauth highlights that NVIDIA is not just entering the laptop market to compete, but to own it. The company previously dominated gaming GPUs and data center AI, and is now deploying the ...
Personal savings plunge to 2.6 percent, Andrew Lokenauth notes
Andrew Lokenauth reports that the U.S. personal savings rate has fallen to 2.6 percent, down from 5.5 percent a year ago. He highlights that, over the past 60 years, savings rates have dipped ...
Andrew Lokenauth: Eli Lilly unveils gene therapy VERVE-102 for heart disease
Andrew Lokenauth highlights that gene editing has arrived and is addressing heart disease, which he describes as the world’s biggest killer. According to Lokenauth, Eli Lilly has released data ...
U.S. national debt expands by $1 trillion every 180 days, Andrew Lokenauth notes
Andrew Lokenauth highlights the rapid pace at which the U.S. national debt is increasing, noting that it grows by $1 trillion every 180 days. He illustrates the scale of time and debt by ...
Andrew Lokenauth: Nvidia reports $81.6 billion revenue and raises dividend to $0.25
Andrew Lokenauth reports that Nvidia has posted $81.6 billion in revenue, exceeding expectations of $79.2 billion. The company also announced an increase in its quarterly dividend from $0.01 to ...
U.S. 10-year and 30-year Treasury yields climb above key levels, Andrew Lokenauth notes
Andrew Lokenauth points to significant movement in the U.S. bond market, highlighting a sharp rise in yields. He notes that the interest rate on the U.S. 10-Year Note has jumped above 4.59%, a ...
Andrew Lokenauth: President Donald Trump discloses stock trades including Dell ownership
Andrew Lokenauth reports that President Donald Trump has revealed his latest stock trades through new financial disclosures filed with the Office of Government Ethics. According to the ...
Americans feel worse about economy than in 2008 crisis, Andrew Lokenauth notes
Andrew Lokenauth, industry influencer, reports that U.S. consumer confidence has reached its lowest point in 50 years. He highlights that Americans currently feel worse about the economy than ...
Andrew Lokenauth: Nvidia CEO Jensen Huang faces $8 billion California wealth tax
Andrew Lokenauth, industry influencer, highlights that Nvidia CEO Jensen Huang could be required to pay $8 billion if California's proposed wealth tax is implemented. Huang responded by saying he ...
Chase Sapphire Lounge denied entry despite open seats, Andrew Lokenauth notes
Andrew Lokenauth, industry influencer, shared his experience with the Chase Sapphire Reserve card. He noted that despite paying $795 a year for the card, he was denied entry to a nearly empty ...
Andrew Lokenauth: U.S. foreclosure filings reach highest level in six years
Andrew Lokenauth, industry influencer, reports that U.S. foreclosure filings have jumped to their highest level in six years, according to the Wall Street Journal. Foreclosure rates have ...
More Americans feel broke than during 2008 financial crisis, Andrew Lokenauth notes
Andrew Lokenauth, industry influencer, reports that 55 percent of Americans say their finances are deteriorating, marking the highest sentiment of financial insecurity in 25 years. According to ...
Andrew Lokenauth: Great Financial Crisis as a period name draws skepticism
Andrew Lokenauth, industry influencer, draws a parallel between a questionable idea and the historical use of the term Great Financial Crisis. Lokenauth implies that naming an era after such a ...
Many high earners live paycheck to paycheck, Global Markets Influencer notes
Global Markets Influencer, industry influencer, raises a question about personal finance by highlighting that some individuals earning more than $500,000 a year still live paycheck to paycheck. ...
Andrew Lokenauth: U.S. PPI inflation reaches 4 percent, highest since February 2023
U.S. producer price index (PPI) inflation has risen to 4 percent, marking its highest level since February 2023. Andrew Lokenauth highlights this sharp increase in inflation alongside a ...
People can pay U.S. government debt using Venmo and PayPal, Andrew Lokenauth notes
Individuals can now use Venmo and PayPal to make payments toward the U.S. national debt. Andrew Lokenauth highlighted that these digital payment platforms are now accepted by the U.S. government ...
Andrew Lokenauth: Brent crude surges to $115 as oil supply disruption hits markets
Oil markets are experiencing what is being described as the largest supply disruption in history, driving Brent crude prices up to $115 and marking a 25 percent surge in a single day. Andrew ...
U.S. loses 92,000 jobs unemployment climbs to 4.4 percent, Andrew Lokenauth warns
The U.S. economy lost 92,000 jobs in February, raising the national unemployment rate to 4.4 percent. Andrew Lokenauth shared the data, suggesting a challenging environment for job seekers, ...
OpenAI plans massive $218 billion cash burn, Andrew Lokenauth flags industry scale
OpenAI is projecting a planned cash burn of $218 billion, a figure that dwarfs those previously recorded by major tech companies. According to Andrew Lokenauth, Tesla burned $9.3 billion, ...
