HEDONIC TREADMILL
The tendency of a person to remain at a relatively stable level of happiness despite a change in fortune or the achievement of major goals. According to the hedonic treadmill, as a person makes more money, expectations and desires rise in tandem, which results in no permanent gain in happiness.
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Foam The Runway
A term indicating the last-minute infusion of cash into a company about to go bankrupt. Airports foam runways prior to an imminent crash landing to ...
Soft Commodity
Soft commodities are commodities that are, in general, grown and not mined. Examples of soft commodity include fruit, cocoa, sugar, and coffee. ...
Blanket Insurance
Liability insurance which covers more than one property within the same location, same property at different locations, or multiple properties at m ...
American Taxpayer Relief Act of 2012
Act averting the tax aspect of the fiscal cliff by preventing several tax breaks from maturing as scheduled. It also ...
Present Value Of An Annuity
It refers to the discount amount of a dividend payment over the stock or bond’s term.
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SEE FOREX TUTORIAL
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 ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
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 ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | ANZ Jobs Advertisements | Jun | |
| 07:00 | Leading Indicators | May | |
| 08:00 | Industrial Production | May | |
| 09:00 | Foreign Currency Reserves | Jun | |
| 10:30 | Sentix Investor Confidence | Jul | |
| 11:00 | Retail Sales | May | |
| 01:50 | Bank Lending | Jun | |
| 01:50 | Current Account | May | |
| 03:30 | NAB Business Confidence | Jun |
