DRAGHI EFFECT
Mild effect of European Central Bank President Mario Draghi on global financial markets. When the Draghi Effect takes place, yields on bonds of embattled European countries pull back from historic high levels, cut down cost of borrowing, and denote there is buyer demand for their sovereign bonds. The euro can also increase while risk appetite returns and equity markets surge. In essence, the Draghi effect makes the European sovereign debt crisis appear less gloomy and the global macroeconomic more optimistic.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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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.
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