SMOOT-HAWLEY TARIFF ACT
Smoot-Hawley Tariff Act is the law enacted for the purpose of increasing US farmer protection versus agricultural imports. The act was established in 1930 and has since then spurred import duties by as much as 50% that also sparked the uproar in the other sectors for the increase in their own tariffs. The increase in tariff for the sectors weighed on the economic strain experienced during the Great Depression.
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Trailer Fee
Fee a mutual fund manager pays to a salesperson for selling the fund to investors. The salesperson provides continuous investment advice and servic ...
Unemployment Compensation Amendment of 1992
Unemployment Compensation Amendment of 1992 is a law in the United States allowing a terminated employee to take employer-sponsored retirement savi ...
Ex Coupon
Bond or preferred stock without the interest payment or dividend when bought or sold, with the knowledge the investor won’t get the next inte ...
Institutional Buyout - IBO
Refers to the act of an institutional investor of acquiring a controlling interest in a company. Normally, the investor in IBO will seek to give ou ...
Oligopoly
Oligopoly happens when a certain market is controlled by small group of firms. It is just much like monopoly, where only one company controls over ...
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Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
Ethical Investing: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
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 ...
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Feb | |
| 02:30 | ANZ Jobs Advertisements | Feb | |
| 02:30 | Company Operating Profits | 4 quarter | |
| 02:30 | PMI Manufacturing | Feb | |
| 03:45 | Markit Final Manufacturing PMI | Feb | |
| 07:30 | Commodity Prices | Feb | |
| 10:15 | PMI Manufacturing | Feb | |
| 10:30 | Procure PMI Index | Feb | |
| 10:45 | PMI Manufacturing | Feb |
