China’s economic growth and the modernization of its institutions from purely socialist in nature to those with traits of market economies, was a successful venture. The reforms affected all institutions and all forms of life across the country. China’s banking system is part of these reforms and is in the midst of a generational program…
What is the intermarket spread swap? An intermarket spread swap is an exchange, or sale, of one bond for another with different terms, such as a coupon ratecredit score or due dateto capitalize on yield spreads between bonds sectors. Key points to remember An intermarket spread swap is an exchange or sale of one bond…
What is hyperinflation? Hyperinflation is a term that describes rapid, excessive, and uncontrollable general price increases in an economy. Whereas inflation Measures the rate at which the prices of goods and services rise, hyperinflation is rapidly rising inflation, typically measuring more than 50% per month. Although hyperinflation is a rare event for developed economies, it…
Ford Motor Company (F) hit a two-year high on Wednesday, in a sympathetic takeover bid after last week’s mighty General Motors Company (GM) to burst. The struggling manufacturer has a small stake in electric vehicle (EV) startup Rivian Automotive, which just raised $2.65 billion in funding, adding fuel to the upside. Ford stock, which peaked…
What is Doctor Copper? The term Doctor Copper is market jargon for this base metal which is renowned for having a “PhD in Economics” due to its ability to predict turning points in the global economy. Due to copper’s widespread applications in most sectors of the economy – from homes and factories to electronics and…
What is the SEC 305B2 form? SEC Form 305B2 is an electronic filing with the Security and Exchange Commission (SEC) which allows for the deferred appointment of a trustee by a bond issuer under the Trust Deeds Act 1939. This includes when registering a radius offer bonds or other debt securities. Key points to remember…
Editor’s Note: Below is the 100 week version of the NYC Recovery Index, originally published August 2, 2022. Visit the NYC Recovery Index homepage for the latest data. New York City’s economy continued to recover modestly in the week ending July 23, with the index score rising to 73 points out of 100, after a…
What is a customer base? A clientele is a company’s main source of business and revenue. A clientele consists of current clients pay for products or services. A clientele can be identified or defined in several ways depending on the type of industry. Existing customers can also be the first to be sold new offers….
For security reasons, individuals, large organizations and even nations will keep some of their excess gold and foreign currency reserves. The American dollars remains the main and most reliable reserve currency, but the Swiss franc has also emerged as one of the best alternatives. This article explores why the Swiss franc is a good investment….