ABX INDEX
A financial benchmark which is intended to measure the mortgages' overall value made to borrowers with weak credit or subprime. The ABX index employs credit default swap contracts to derive the overall value which is made up of 20 bonds, comprised of subprime mortgages groups. Financial institutions, with the help of this index, are able to determine if whether the market for these securities are worsening or improving. Also know as Asset-Backed Securities Index.
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Pension Maximization
This is used by a married couple who purchases single life annuity for the older spouse and a joint life annuity for both of them. In case the youn ...
Change
In options or futures contract, the difference between the current price and the previous day’s closing price.
Smeal College of Business
Smeal College of Business is the Penn State University’s school of business. It offers undergraduate, graduate, and doctoral programs in vari ...
Purple Chip Stock
A term coined by portfolio manager John Schwinghamer in his book "Purple Chips: Winning in the Stock Market with the Very Best of the Blue Chi ...
Cash Investment
Short-term obligations, normally less than 90 days, providing return through interest payments, Generally, it offer a low return unlike oth ...
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Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
Income Sources for Creating Retirement Fund
We have already tackled the overview of retirement, its significance, and allocating money for it, the next we are about to discuss is looking for ...
Ethical Investing: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Apr | |
| 08:30 | Producer & Import Prices | May | |
| 11:00 | Industrial Production | Apr | |
| 14:30 | Manufacturing Shipments | Apr | |
| 15:30 | Leading Indicators | Apr | |
| 00:45 | Food Price | May | |
| 03:30 | Monetary Policy Meeting Minutes | ||
| 03:30 | House Price Index | 1 quarter | |
| 06:30 | Tertiary Industry Index | Apr |
