What is the U.S. Dollar Backed By and What Gives it it's Worth?
The U.S. dollar (USD) is not backed by a physical commodity like gold or silver anymore. Instead, its value is derived from these factors.
What does it mean to say you're a Vanna-Charmer?
Being a "Vanna-Charmer" implies that the person is not just trading options, but is doing so with a sophisticated understanding of how certain risk factors, like vanna, can be leveraged to enhance their trading strategy and returns.
Five Sports Teams You Can Buy Stock In
A list of some notable publicly traded sports teams and how their stocks have performed.
In regard to the unemployment rate, which is more important, the level or rate of change?
Chief Investment Officer: The unemployment level provides a current assessment, the rate of change is often a leading indicator that can signal future economic trends.
Price Controls are Associated with Socialism and Communism and Trigger More Problems
Tennessee investment adviser explains price controls lead to shortages if suppliers reduce production, reduced quality if producers can't change enough to be profitable, and reduced incentives for innovation where research and development costs are high.
A Look at the Trend of the Stock Market
If the S&P 500 trend is any guide, we'll soon see if the oversold condition was enough to shake out those who wanted to sell and bring prices to a low enough point to attract buying.