FISCAL LOCALISM
Institutionalized monetary exchange focused upon local and regional aspects. Fiscal localism can refer to different theologies, but the most basic and easily recognizable form of fiscal localism would be the idea of buying locally. Advocates of the practice believe that fiscal localism allows communities to grow organically and more efficiently, as local merchants and consumers work together to further their resident economy.
POPULAR TERMS
Quality Control Chart
A graphic that shows if sampled products are meeting their intended specifications and, if not, the degree by which they vary from those specificat ...
Value Chain
Value Chain is a high-level model depicting the process of how a particular business obtains raw materials and adds value to these materials by und ...
Stepwise Regression
Incremental, iterative construction of a regression model encompassing selecting independent variables automatically. This can be attained either b ...
Topside
Upper portion of an oil platform holding the drilling rig, production plant, and accommodation block or lodging. Seen above the water line, it pert ...
Conditional Probability
Probability of an event granted that another has occurred. It is computed by multiplying the probability of the previous event by the recent probab ...
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SEE FOREX TUTORIAL
Featured Investment: Annuity
Featured Investment: Annuity
Investments are what trading is all about. And knowing about the various a ...
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:00 | ANZ Commodity Prices | Jun | |
| 03:30 | ANZ Jobs Advertisements | Jun | |
| 08:00 | Factory Orders | May | |
| 09:00 | Unemployment Rate | Jun | |
| 10:30 | Construction PMI | Jun | |
| 10:30 | Sentix Investor Confidence | Jul | |
| 11:00 | PPI | May | |
| 11:00 | Retail Sales | May | |
| 15:45 | Final Services PMI | Jun |


