LAME DUCK
An ineffective investor who makes series of poor trades because of ineptitude, which results to neglecting his or her debts or declaring bankruptcy due to losing big time in the stock market. This is a slightly belittling term that is most common in Europe.
It also refers to a politician who chose not to seek re-election, is ineligible to administer an office again, or has lost in an election but still holding the position until the newly-elected official takes over.
POPULAR TERMS
Residual Interest
A charge for borrowing money that accrues on a credit card account between the date the bill is issued and the date the cardholder pays the ...
Middle Class
Individuals who fall between working class and upper class in a social class. Normally, middle class people have a higher proportion of college deg ...
Tier 3 Capital
Capital held by banks to cover some of their market risks including risks from foreign currency exchange and commodities. Its capital debts may ent ...
Share-Draft Account
Share-Draft Account is an account that enables credit-union members to access the shared balance through the writing of drafts on their accounts. I ...
Segregated Disclosures
Segregated Disclosures are lender declarations that come in series mandated by the law, specifically by the Regulation M, to be segregated from oth ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Macroeconomics: A Brief History
Macroeconomics is a branch of study under Economics that deals with the economy’s growth and the way it behaves. It examines nationwide pheno ...
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 ...
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 ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
Retirement Planning: Last-Minute Preparation
The road to comfortable and enjoyable retirement is not an easy road. You will experience some challenges along the way as you save up for your gol ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:02 | Trade Balance | Nov | |
| 07:00 | Economy Watchers Survey | Nov | |
| 09:00 | Industrial Production | Oct | |
| 10:00 | SECO Consumer Confidence | Nov | |
| 11:30 | Sentix Investor Confidence | Dec | |
| 01:50 | M2 Money Supply + CD | Nov | |
| 02:01 | BRC Retail Sales Monitor | Nov | |
| 02:30 | NAB Business Confidence | Nov | |
| 05:30 | RBA Interest Rate Decision | Dec |
