Nominal GDP is the total value of all final goods and services produced in a country during a set period, measured using current prices. GDP stands for gross domestic product. “Nominal” means the number has not been adjusted for inflation. For example, if a country produces the same amount of goods this year as last year, but prices rise, nominal GDP may still go up. That increase may not mean the economy produced more. It may simply mean goods and services cost more. This is

In recent years, a massive wave of "Politician Trade Copying" apps has emerged. Platforms such as Autopilot and dub claim that you can copy a politician's trades one-to-one, with massive returns of up to 123% within 3 years for certain portfolios. ETFs with the same agenda have gained a lot of traction as well, with Subversive ETFs releasing the Unusual Whales Subversive Democratic Trading ETF (NANC), and The Unusual Whales Subversive Republican Trading ETF (GOP) to major su

Image VIA Bloomberg Television Yesterday, SpaceX (SPCX) debuted on the NASDAQ with the largest IPO in history. Announced on Friday, each share was to be priced at $135, with the offering of 555.6 million shares, which meant they were seeking to raise a little over $ 75 billion. Previous analysts placed SpaceX's total value at around $1.77 Trillion, a ridiculously large number that would have made them the 7th largest company by market cap, right between Broadcom (AVGO) and S