JOINT-LIFE PAYOUT
One of the two options usually available for retirees to select as the manner of payout for their employee’s retirement benefits. This option permits the retiree to receive benefits during the remainder of his/her life and ensures income for another person, normally his/her spouse or partner. The default payout option is the single-life option unless the retiree’s statements clearly expresses the joint-life payout.
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Subprime Meltdown
Situation which affected the mortgage industry in 2007 because of approving individuals with poor credit rating. The housing boom in mid-2000s and ...
False Market
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Worldwide Coverage
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In the Pink
Informal expression that describes a situation in which an economy or investor is in a rosy financial position. More generally, it pertains to bein ...
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Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
Digesting Financial Statements: System
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Jul | |
| 08:30 | Producer & Import Prices | Aug | |
| 11:01 | New Yuan Loans | Aug | |
| 14:30 | Consumer Price Index | Aug | |
| 14:30 | Consumer Price Index Core | Aug | |
| 14:30 | Common Core CPI | Aug | |
| 14:30 | Trimmed Core CPI | Aug | |
| 14:30 | Median Core CPI | Aug | |
| 14:30 | Manufacturing Shipments | Jul |


