MUTUAL EXCLUSION DOCTRINE
A reciprocal agreement between federal and state and local taxing bodies that mandates mutual exclusion in taxation. The interest earned on federal debt is tax-free at the state or local level. Also, any debt released by a state or local government is free from federal taxation.
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Relativity Trap
A psychological trap that leads people to make irrational choices when making spending decisions. The relativity trap is often exploited by savvy m ...
Black Wednesday
The UK government was forced to pull out the sterling from the European Union’s exchange rate mechanism on September 16, 1992. Five years lat ...
Cash and Cash Equivalents - CCE
Company assets, stated in its balance sheet, which are in cash form or can easily be converted into cash.
Third Party
Individual or company other than the principals that is part of a arrangement or transaction. Frequently, this party has lesser interest in the dea ...
Retirement Method of Depreciation
An accounting procedure in which an asset is expensed for depreciation purposes only when it is removed from service instead of allocating its cost ...
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SEE FOREX TUTORIAL
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
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.
...
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 16:00 | Existing Home Sales | Mar | |
| 05:00 | Credit Card Spending | Mar | |
| 07:00 | BOJ Core CPI | Mar | |
| 08:00 | Prelim Machine Tool Orders | Mar | |
| 14:30 | Wholesale Sales | Feb | |
| 15:00 | House Price Index | Feb | |
| 16:00 | New Home Sales | Mar | |
| 16:00 | Richmond Fed Manufacturing Index | Apr | |
| 16:00 | Consumer Confidence | Apr |
