When a government needs money to fund its operations, it can raise cash by issuing debt in its own currency. And if a government encounters difficulty repaying the bonds upon their maturity dates, it can simply print more money. While this solution has merit, on the downside, it will likely decrease the values of the…
If you frequently fly JetBlue, your in-flight experience could get a whole lot sweeter, particularly if you’re interested in first-class amenities. Well, that’s if you’re willing to fork over $599 or more for a one-way ticket. That’s more than coach, but for first-class, it’s something of a bargain. In 2014, the airline rolled out Mint, beginning…
What Is a Bullish Harami? A bullish harami is a basic candlestick chart pattern indicating that a bearish trend in an asset or market may be reversing. Key Takeaways A bullish harami is a candlestick chart indicator used for spotting reversals in a bear trend. It is generally indicated by a small increase in price…
Country Currency Time (EST) U.S. USD 8:30 to 10 a.m. Japan JPY 6:50 to 11:30 p.m. Canada CAD 7 to 8:30 a.m. U.K. GBP 2 to 4:30 a.m. Italy EUR 3:45 to 5 a.m. Germany EUR 2 to 6 a.m. France EUR 2:45 to 4 a.m. Switzerland CHF 1:45 to 5:30 a.m. New Zealand NZD…
What is Compound Probability? Compound probability is a mathematical term relating to the likeliness of two independent events occurring. Compound probability is equal to the probability of the first event multiplied by the probability of the second event. Compound probabilities are used by insurance underwriters to assess risks and assign premiums to various insurance products….
Valuing options can be a tricky business. Consider the following scenario: In January 2015, IBM stock was trading at $155 and you expected it to go higher in the next one year. You intend to buy a call option on the IBM stock with an ATM strike price of $155, expecting to benefit from high percentage returns, based on a…
Living paycheck to paycheck is an unpleasant financial reality for many Americans. In fact, 59% of adults in the U.S. admit to living paycheck to paycheck, according to Charles Schwab’s 2019 Modern Wealth Index Survey. Almost half (44%) have credit card debt and only 38% have an emergency fund. A surprising number of upper middle-income…
Dollar General Corporation (DG) just announced that it will hire up to 50,000 new employees to meet “heightened demand,” adding to similar headlines from Amazon.com, Inc. (AMZN) and Dow component Walmart Inc. (WMT) in recent days. The news is tracking the 2008 playbook, in which deep discount retailers outperformed major indices due to fears that…
At this point in time, it goes without saying that the slowdown in economic activity around the world due to the coronavirus pandemic has hammered asset prices across the transportation sector. While there are no sectors that have escaped the wrath of selling pressure, the significant role that transportation plays in our modern society has…