INSTANT HISTORY BIAS
Inaccuracy that appeared in a fund’s performance record. The bias happens when only new successful funds report their numbers but unsuccessful ones close and their returns are not factored into the fund’s (or investment manager’s) overall performance record. Especially apparent in hedge funds, is also known as "backfill bias" because hedge fund managers may opt not to post fund performance to a database from the fund’s start, but choose to "backfill" the database later once it have formed a track record of success with a fund.
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Council of Economic Advisors - CEA
Committee with three notable economists who advise the President of the United States on macroeconomic issues. The council, comprised of a chairman ...
Branch Office
Secondary location, outside the main office, conducting business of the company. Most branch offices are made up of smaller divisions of various as ...
Rump
A term referring to group of investors who refuses to tender their shares into a corporate action, such as a merger or acquisition.
Catalyst
Something causing or initiating a significant event to happen such as news and information. Initially, it used to pertain to a reaction in chemistr ...
Federal Subsidy Recapture
The Federal subsidy recapture is the repayment of all or part of a federal mortgage subsidy if the home is sold or otherwise disposed of within nin ...
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A Guide to Your Personal Income Tax: Last-Minute Moves
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Digesting Financial Statements: Long-Lasting Assets
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The Concepts of Economics: Scarcity
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A Guide to Income Tax: Overlooked Credits and Cuts
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |
