JUSTIFIED WAGE
A wage level set for a job based on market dynamics and justified by the requisites according to the worker’s experience, skills, and education. Justified wage, higher than minimum wage, is a wage level enough to attract workers but low enough to offer employment to workers. The difference between a justified wage and minimum wage varies depending on several factors such as the economic condition and unemployment level.
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Clone Fund
Mutual fund emulating the performance or technique of a bigger and successful mutual fund. A mutual fund company set it up when the original fund b ...
Detariffing
Removing the pricing regulations of an industry, set forth by tariffs created by a regulatory body. It allows an industry to price its goods at mar ...
GDP Gap
Forfeited output of a nation’s economy as the result of the failure to generate sufficient jobs for all those willing to work.
Going Private
Transaction or series of transactions shifting a publicly traded company into a private entity. Once private, the shareholders can no longer trade ...
Savior Plan
Savior Plan occurs when the management and employees borrow money and then invest in their failing company in an attempt to save it.
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It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
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In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
Buying a Home: Finding the Best House
Nothing can stop you from looking for the home of your dreams. Even though you have no agent, you can do your own diligence. Drive around neighborh ...
Principles of Trading: Leverage and Margin
All novice and seasoned traders need to befriend these two great tools to achieve success in trading: leverage and margin.
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An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:00 | ANZ Commodity Prices | Mar | |
| 03:00 | MI Inflation Gauge | Mar | |
| 07:00 | Consumer Confidence | Mar | |
| 08:00 | Factory Orders | Feb | |
| 10:30 | Construction PMI | Mar | |
| 10:30 | Sentix Investor Confidence | Apr | |
| 10:30 | Housing Equity Withdrawal | 4 quarter | |
| 16:30 | Overview of business prospects, according to the Bank of Canada | 1 quarter | |
| 16:30 | Bank of Canada Interest Rate Decision | 1 quarter |
