IRRATIONAL EXUBERANCE
Refers to an unsustainable investor enthusiasm that glides asset prices up to levels that are not backed by fundamentals. The phrase was said to have been used by then Federal Reserve Chairman Alan Greenspan in his speech, The Challenge of Central Banking in a Democratic Society, in 1996. Greenspan noted low inflation cuts down investor uncertainty, lessens risk premiums, and denotes higher stock market returns.
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Triangle
Technical analysis pattern plotted by drawing trendlines along with a price range, constricting over time due to lower tops and higher bottoms. Cer ...
Alliance of American Insurers - AAI
The Alliance of American Insurers is a coalition which consists primarily of carriers of property-casualty insurance. The Alliance of American Insu ...
Continuous Net Settlement - CNS
Automated book-entry accounting system where it uses a clearinghouse and a depository for the settlement of compared transactions as well as to mai ...
Intermarket Trading System - ITS
An electronic computer system that connects the trading floors of all the main equity US exchanged. Essentially, the system allows any broker or ma ...
SEC Form 10-KSB405
SEC Form 10-KSB405 is a form used before the year 2003 under the Securities and Exchange Commission. It is highly similar to SEC Form 10-K405 excep ...
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SEE FOREX TUTORIAL
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
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: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Feb | |
| 11:00 | Ifo Current Assessment | Feb | |
| 11:00 | IFO - Expectations | Feb | |
| 13:00 | Bundesbank Monthly Report | ||
| 16:00 | NBB Business Climate | Feb | |
| 16:30 | ECB President Christine Lagarde to deliver a speech | ||
| 17:00 | Leading Index | Jan | |
| 22:30 | FOMC member Michelle Bowman to deliver a speech | ||
| 23:45 | Retail Sales | 4 quarter |
