PERMANENT INCOME HYPOTHESIS
A theory of consumer spending which states that people will spend money at a level constant with their normal long term average income. The level of expected long term income becomes a thought of as the level of "permanent" income that may be safely spent. A worker will save only if his or her present income is higher than the expected permanent income level, in order to guard against future declines in income.
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CFP Franc - XPF
Currency of four French overseas collectives including French Polynesia, Futuna, New Caledonia, and Wallis. The Institut d'émission d ...
IRS Publication 575
A document that outlines the tax treatment of distributions from pensions and annuities, as well as the process of reporting income from these dist ...
Homeowners Association Fee - HOA Fee
A fee that has to be paid by owners of a residential property to an organization that helps with maintaining and improving that property.
Deep-Discount Bond
A bond that sells at a significant discount from par value. A bond that is selling at a discount from par value and has a coupon rate significantly ...
Non-Spouse Beneficiary Rollover
A retirement plan asset rollover performed in the event of the death of the account holder, where the recipient is not the spouse of the deceased. ...
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SEE FOREX TUTORIAL
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
Retirement Planning: Allocating and Diversifying
The assets you select to invest in will depend on numerous factors, including your risk appetite and investment timeframe. The two primary factors ...
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 ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
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 |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |
