GLASS-STEAGALL ACT
Act prohibiting commercial banks from engaging in the investment business. Passed by the US Congress in 1933, former Treasury secretary and Senator Carter Glass, and Senator Henry Steagall sponsored the Banking Act of 1933. This was enacted as an emergency measure to reduce or eliminate the failure of nearly 5,000 banks during the Great Depression. The Act lost its potency in the following decades and was repealed in 1999.
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Senior Bank Loan
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Regulatory Asset
Specific costs or revenues that a utility is permitted to defer to its balance sheet, instead of reporting them on the income statement of a compan ...
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Reversal chart formation that exhibits the deficit of a security to break through to new peaks on several occasions, which tells a strong sell sign ...
Iceberg Order
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IRS Publication 910
A document that gives information on the free resources the agency offers. Published by the Internal Revenue Services (IRS), it identifies many of ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Jul | |
| 03:45 | Markit Final Manufacturing PMI | Jul | |
| 08:00 | Retail Sales | Jun | |
| 08:30 | CPI | Jul | |
| 09:15 | PMI Manufacturing | Jul | |
| 09:30 | Procure PMI Index | Jul | |
| 09:45 | PMI Manufacturing | Jul | |
| 09:50 | PMI Manufacturing | Jul | |
| 09:55 | PMI Manufacturing | Jul |
