NETWORK EFFECT
This phenomenon indicates that a good or service becomes more valuable when more people use it. A good example is the internet. At first, internet had only few users, and it was of little value to anyone. Eventually, more users gained access to the internet, and there were more and more websites to visit, making it extremely valuable to its users.
POPULAR TERMS
Oil Price to Natural Gas Ratio
It is a mathematical ratio which compares the prices of natural gas and crude oil. In the oil price to natural gas ratio formula, the oil price is ...
Budget Control Act - BCA
Federal statute, signed into law by US President Barack Obama, which was enacted in response to the Debt Ceiling Crisis in 2011. The Act seeks to i ...
Medicare Doughnut Hole
The range of total prescription drug spending in the Medicare Part D program where all of the costs must be covered from the participants’ ow ...
Proprietary Trading
Proprietary trading is when a firm trades for direct gain instead of commission dollars. The firm has essentially decided to profit from the market ...
Common Law Property
System used in determining property ownership owned during marriage. The property purchased by one spouse belongs solely to that individual while p ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
Principles of Trading: Charting
Where can you see market movements? Charts. Thanks to technology, traders can view as many market information as they can in one go. But not all ch ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:03 | Trade Balance | Mar | |
| 06:30 | Industrial Production | Feb | |
| 06:30 | Industrial Production | Feb | |
| 08:30 | Producer & Import Prices | Mar | |
| 08:30 | Producer & Import Prices | Mar | |
| 14:30 | Wholesale Sales | Feb | |
| 14:30 | Wholesale Sales | Feb | |
| 00:00 | FOMC Member Patrick T. Harker Speaks | ||
| 00:00 | FOMC Member Patrick T. Harker Speaks |
