ZERO-SUM GAME
Zero-Sum Game refers to a situation wherein the gains of a participant is another participant’s losses. The gains shall only amount to how much the losses are. Therefore, the net change in both participants’ total wealth is practically zero. This is because the wealth is merely transferred from one participant to another.
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Retirement Contribution
A contribution to a retirement plan. It may be pretax or after tax, depending if the plan is qualified, how much the contribution is in relation to ...
Credit Card Teaser Rate
Lower interest rate imposed to a new cardholder over a set period. Credit card companies use this tool to attract new clients. As per the CARD Act ...
Grading Certificate
Document issued by inspectors or an approved grading panel, stating the quality of a commodity. It is significant since a commodity must be declare ...
Environmental Economics
Economic field studying the economic impact of environmental policies. Environmental economists conduct studies to identify the empirical or theore ...
Trickle-Down Effect
Phenomenon in which an advertisement is rapidly circulated through word of mouth or viral marketing. It works when an ad is too compelling due to i ...
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SEE FOREX TUTORIAL
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
07:00 | Economy Watchers Survey | Jan | |
11:30 | Sentix Investor Confidence | Feb | |
01:30 | Westpac Consumer Sentiment | Feb | |
02:01 | BRC Retail Sales Monitor | Jan | |
02:30 | NAB Business Confidence | Jan | |
13:00 | NFIB Small Business Index | Jan | |
15:30 | Building Permits | Dec | |
17:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
22:30 | FOMC Member John C. Williams Speaks |