EMPIRE BUILDING
Act of elevating the size and range of an individual’s (or organization’s) power and influence. In a company, the managers or executives are more concerned with building up their business units, staffing levels, and amount of assets under their control than developing and executing ways to benefit stakeholders.
POPULAR TERMS
Hybrid Indicator
A type of technical indicator that combines the core elements of chart analysis with existing indicators. Hybrid indicators are one of the two prim ...
The Smith Maneuver
Strategy of making an interest on a residential mortgage tax-deductible in Canada. Unlike in the US, mortgage interest is not tax-deductible and mu ...
Europe, Australasia, Far East - EAFE
Acronym referring to the economically developed regions outside North America and Canada.
Exhaustion Gap
Gap occurring following a rapid rise in a stock’s price starts to dwindle. It normally demonstrates dropping demand for a certain stock. Many ...
Applied Cost
It is a term that is used in cost accounting to signify the cost of something (raw materials, acquisition, etc) which might be different from its a ...
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SEE FOREX TUTORIAL
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
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 ...
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | Tertiary Industry Index | Dec | |
| 02:30 | PMI Composite | Dec | |
| 03:45 | Markit Services PMI | Dec | |
| 09:30 | Retail Sales | Nov | |
| 10:15 | PMI Services | Dec | |
| 10:15 | Composite PMI | Dec | |
| 10:45 | PMI Services | Dec | |
| 10:45 | PMI Composite | Dec | |
| 10:50 | PMI Services | Dec |
