PICKUP
A gain made by selling one bond and buying another. When market interest rates change, bond yields change. If the new interest rates are higher than the old rates, investors can achieve a better yield, or pickup, by selling their old bonds and buying new ones that have the same level of risk. However, if interest rates are steady, or declining, the only way to achieve a pickup is to buy existing, higher interest-rate bonds at a premium or to buy higher-risk bonds that carry a higher yield. Thus, a pickup strategy may entail cost or risk.
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Systematic Withdrawal Plan - SWP
Mutual fund service providing a given payout amount to the shareholder at preset intervals, normally monthly, quarterly, semiannually, or annually. ...
Respite Care
Short-term care of a few hours or weeks of the sick or disabled to provide relief, to the regular caregiver, usually a family member.
SEC Form N-54C
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Condor Spread
Options strategy comprised of a bear and a bull spread but has different strike prices that aims to earn limited profits with a small amount of ris ...
Economic Cycle
Natural fluctuation of the economy between the periods of growth and recession. The stage of the economic cycle at present can be determined by loo ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Mar | |
| 02:00 | ANZ Business Confidence | Mar | |
| 02:30 | Private Sector Credit | Feb | |
| 03:30 | PMI Manufacturing | Mar | |
| 03:30 | Non-Manufacturing PMI | Mar | |
| 07:00 | Housing Starts | Feb | |
| 08:00 | Retail Sales | Feb | |
| 08:00 | Import Price Index | Feb | |
| 10:30 | Mortgage Approvals | Feb |
