REFI BUBBLE
It refers to a period whereby old debt obligations are replaced with newer obligation with different terms. A common refi bubble often occurs when homeowners refinance their home mortgages as rase have fallen to an attractive level.
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Dow Theory
Theory stipulating the market is in an upward trend if one of its averages accelerates above a previous important high, it is followed by the same ...
Continuity of Business Enterprise Doctrine
Taxation principle, applicable to mergers and acquisitions, stating the acquiring company must either carry on the target firm’s usual busine ...
Refinance Wave
Refinance wave is a period in which a huge number of borrowers refinance mortgages in answer to changes in interest rates. When short-term interest ...
Backup Withholding
Tax which is levied on the investment income, at a fixed tax rate, as the investor pulls it out. Backup withholding aids in ensuring that the gover ...
Activity-Based Budgeting - ABB
A budgeting method wherein the activities that are accumulating costs in the organization's functional areas are recorded and its relationship ...
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SEE FOREX TUTORIAL
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 ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | Bundesbank Monthly Report | ||
| 16:00 | NAHB Housing Market Index | Jul | |
| 01:30 | National CPI | Jun | |
| 01:30 | National CPI ex Fresh Food | Jun | |
| 01:30 | National CPI ex fresh food & energy | Jun | |
| 03:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | Trade Balance | Jun | |
| 08:00 | PPI | Jun | |
| 10:00 | Current Account (sa) | May |
