Not since 1933, when Germany unilaterally decided to renege on debt, has a western power pulled the plug on what it owed. Yet, President Obama’s administration and House Republicans are still at loggerheads about raising the country’s looming debt ceiling. Should the deadline for borrowing authority on Oct. 17 come to pass, without at least a stopgap measure, it could “bring the $5 trillion market in Treasury-backed loans to a halt,” according to Bloomberg.com. And that could mark the beginning of a worldwide war on market stability. Let’s hope not.
Ten reasons to day-trade with mentors in a virtual room highlight why now is a…
Last year’s fourth-quarter downtrend for inflation looks to have bottomed out at just under the…
The intrinsic and extrinsic value of an option make up the total value of the…
Picture this: You've diligently saved for retirement your whole career, dutifully contributing to your 401(k),…
“Congratulations on your work. It has been a long slog to get the national accounts…
The broken wing butterfly and the butterfly spread are two different types of option trading…