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.
POPULAR TERMS
Pacific Exchange - PCX
PCX was one of the four United States exchanges to trade equity options and also the first to implement an electronic trading system. This exchange ...
Cyber Monday
Expression in online retailing which describes the Monday after the Thanksgiving weekend in the United States. It is generally perceived as the beg ...
SEC Form 305B2
SEC Form 305B2 is an initial statement filed with SEC as an application for the designation of a new trustee under the Securities and Exchange comm ...
Silver Standard
Silver standard is is a monetary system wherein the government of a particular country permits the free conversion of the country into silver that ...
Corporate Kleptocracy
Slang phrase for greediness of company executives who use underhanded tactics to skim money of shareholders. The buzzword becomes popular after for ...
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SEE FOREX TUTORIAL
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 ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Introduction to Ethical Investing
Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 00:45 | Retail Sales | 1 quarter | |
| 00:45 | Visitor Arrivals | Apr | |
| 01:01 | Rightmove House Prices | May | |
| 01:50 | Trade Balance | Apr | |
| 05:00 | Credit Card Spending | Apr | |
| 16:30 | Leading Index (Conference Board) | Mar | |
| 17:30 | FOMC Member Raphael W. Bostic Speaks | ||
| 20:05 | FOMC Member Patrick T. Harker Speaks | ||
| 23:30 | FOMC Member Neel Kashkari Speaks |
