DEFICIT SPENDING
When a government's expenditures exceed its revenues, causing or deepening a deficit. The increased government spending can help stimulate the economy as more money flows in, but the jump in borrowing can have an adverse effect by raising interest rates. John Maynard Keynes was an advocate of deficit spending as a fiscal policy tool to help stimulate an economy in recession. During a recession, increased government spending can stimulate business activity, create jobs and spur consumer spending.
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Residual Interest
A charge for borrowing money that accrues on a credit card account between the date the bill is issued and the date the cardholder pays the ...
Middle Class
Individuals who fall between working class and upper class in a social class. Normally, middle class people have a higher proportion of college deg ...
Tier 3 Capital
Capital held by banks to cover some of their market risks including risks from foreign currency exchange and commodities. Its capital debts may ent ...
Share-Draft Account
Share-Draft Account is an account that enables credit-union members to access the shared balance through the writing of drafts on their accounts. I ...
Segregated Disclosures
Segregated Disclosures are lender declarations that come in series mandated by the law, specifically by the Regulation M, to be segregated from oth ...
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SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Principles of Trading: Charting
Where can you see market movements? Charts. Thanks to technology, traders can view as many market information as they can in one go. But not all ch ...
Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Retirement Planning: Allocating and Diversifying
The assets you select to invest in will depend on numerous factors, including your risk appetite and investment timeframe. The two primary factors ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:02 | Trade Balance | Nov | |
| 07:00 | Economy Watchers Survey | Nov | |
| 09:00 | Industrial Production | Oct | |
| 10:00 | SECO Consumer Confidence | Nov | |
| 11:30 | Sentix Investor Confidence | Dec | |
| 01:50 | M2 Money Supply + CD | Nov | |
| 02:01 | BRC Retail Sales Monitor | Nov | |
| 02:30 | NAB Business Confidence | Nov | |
| 05:30 | RBA Interest Rate Decision | Dec |
