Despite the fact that unemployment rate in Florida is steadily getting lower month after month – now it is just 6.4% judging by the data from November 2013 (as compared to 8% in November 2012), finding a good job can still be a problem. Taking into account recent economic recession, it is only logical that…
The repeal of Glass-Steagall in 1999 opened the floodgates for what is sometimes referred to as the “new science of risk management.” Value-at-risk models, or VaR, describe measures financial institutions use to determine potential loses in a given time period. Risk managers give traders an upper limit they can possibly lose on a particular endeavor…
Markets around the world are often influenced by key economic events. These events include employment figures. Employment data can be correlated with economic performance, feeding into key economic factors such as production and consumption. This in turn impacts market activity across a range of product sets. From gold trading right through to FX pair value…
I set a lot of goals for myself when I was younger and one of them was to purchase a car the moment I turned 16 with a drivers license in hand. While I was lucky enough for my parents to cover the insurance, as I was still on their policy, they made me pay…
You have probably seen the news lately about how the student interest loan rate doubled at the beginning of the month. With all the coverage, there is bound to be some misinformation, and before panicking, make sure you understand just how it will affect you. Politicians and the media like to play things up for…
Negative sentiment crawled back into the capital markets approximately 2-week ago when FOMC chairman discussed monetary policy with member of congress during his bi-annual testimony. The chairman during the question and answer period discussed the potential tapering of the current bond purchase program which immediately took the rose off of the U.S. stock and bond…
The key component to keeping the economy strong is to regularly have money change hands. If the money is moving, then the economy stays strong. When the great recession began, and the housing bubble burst, a lot of money stopped moving. As it deepened, people lost their jobs, causing the money flow to become stagnant. …