MORGANIZATION
Monopolization scheme employed by American financier, banker, philanthropist, and art collector John Pierpont Morgan in the 19th century. J.P. Morgan used his reputation to lure European backers into investing in the United States by taking over an industry and stabilizing it via monopoly. He then turned the industry into a single, profitable, and stable entity that was much more agreeable to European financiers.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Jul | |
| 03:45 | Markit Final Manufacturing PMI | Jul | |
| 08:00 | Retail Sales | Jun | |
| 08:30 | CPI | Jul | |
| 09:15 | PMI Manufacturing | Jul | |
| 09:30 | Procure PMI Index | Jul | |
| 09:45 | PMI Manufacturing | Jul | |
| 09:50 | PMI Manufacturing | Jul | |
| 09:55 | PMI Manufacturing | Jul |
