Hey there! My name is Uneesa, and if I had to give myself a Forbes 2-page spread, the headline would read “I love God, women and money.”

Why? Well, other than loving God, women, and money. I want to help as many women as possible take financial control.

Join me as I’ll be holding your hand through the bold, new world of finance, and helping to demystify finance by asking 'WTF is this?'

WTF HAPPENED to the stock market THIS WEEK? 🗞️💁🏻‍♀️

Last week, U.S. stock markets had a bit of a mixed start, feeling uncertain on Monday and Tuesday. However, things improved as the week progressed, and the indexes finished slightly below their recent best levels. The NASDAQ and the Dow went down by about 1%, while the S&P 500 had a small decrease.

The Fear & Greed index, which shows what emotion is influencing the market, shifted towards greed as market confidence continues to ride high!

What does this mean? In a financial market where there's a lot of excitement and fear at the same time, investors are experiencing a mix of positive and cautious feelings. Due to the high chances of big changes in the market and unpredictable conditions, it's crucial to handle risks carefully and spread investments across different areas. Being aware of shifts in how people feel about the market is important for making smart decisions in these complex situations.

So what are the updates?

Your girl made it on to Innovate Finance’s Women in Fintech 2023 in the Marketers and Communicators category!! Having worked in comms for a decade (near enough) and specialised in Fintech - and then Islamic Fintech, it’s great to be recognised as a fintech bad b. I pray the work I create contributes to enriching your understanding of finance, enabling you to make more informed choices - and that’s on la hawla wala qu’wata illa billah sis.

🧋FINANCIAL TEA🧋

ICYMI here’s last week’s highlights:

📈 AITA has reached new heights as Reddit gears towards an initial public offering (IPO). It’s an interesting time to be IPO’ing in the US or UK generally, as there has been a mass exodus of market confidence when it comes to listings. Refer back to Birkinstocks.

🫰 Bitcoin hit $71K on 11th March - an all-time high. The leading cryptocurrency has been steadily rising since the approval of the spot bitcoin exchange-traded funds in the U.S. The token crossed $70K for the first time ever last week. Ether (ETH) also crossed $4,000.

🛢️ In more IPO news, the UAE and KSA, in particular, have embarked on a spree of listings to diversify their economies away from fossil fuels. Parkin's IPO, the sixth privatization by the Dubai government, aligns with a broader plan unveiled in late 2021 to list 10 state-owned companies, aimed at enhancing trading volumes and mirroring similar initiatives in Abu Dhabi and Riyadh.

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TWEET OF THE WEEK