economy

Those in the know know the disconnect between the economy and the volatile stock market; discover the reality about this complex relationship.

What Will It Take to Solve the Student Loan Crisis?
Student loan debt is a problem and a crisis that will continue to get worse as the years go on because of people’s perspective on student loans, the available job force, and the economy itself. Each person can be part of the solution in helping the economy but if it doesn’t change the economy will even get worse.
By Brian Meiggs5 years ago in Trader
Is Covid-19 really killing cash?
Everybody has heard the motto “Cash is King” right? But is it really? Or is it slowly dying and Covid-19 will be its final blow? The King is dead, long live the King.
By Fintech Review5 years ago in Trader
What is Stagflation
“For the engine which drives enterprise is not thrift, but profit.” — John Maynard Keynes The year is 1931. The US economy is in crisis. Unemployment is on the rise. Investing for the future is an afterthought. And the government doesn’t have a clue on how to battle deflation. Yes — deflation. Unlike inflation, where you’re constantly worrying about price increases each day; with deflation, you’re looking at a broad-based decline in prices. You don’t know what’s happening around you. This stuff is unprecedented you think. The only problem is it’s not. See, most economists at the time believed this was the natural order of things. When the economy isn’t buzzing with activity anymore, people get fired and they tend to focus on saving money as opposed to spending it. And as demand for goods and services plateau, prices tend to decline in tandem. Also, businesses won’t have any real incentives to produce anymore. After all, if prices keep tanking each day, its fair to assume their margins aren’t plush. So they’re constantly thinking about downsizing, in effect, contributing to unemployment woes. And so, the cycle continues.
By hrusraj Raj5 years ago in Trader
What Happens When Big Tech Trips Up?
This post is a recirculation of the September 8 edition of Business as Usual, my newsletter where I delve into the simple idea that everything is connected - I write about happenings at the cross-section of finance, business, culture, politics, and industry.
By Noah Weidner5 years ago in Trader
Needs of Risk and Regulatory Audit in Banking
Over The last decade, the banking world has faced unpredictable changes and challenges, resulting in a slew of compliance regulations. Banks of all sizes from non-public, commercial and private sectors are now more effectively concerned than ever about compliance risk management and regulatory audit procedure. New banking services have increased government scrutiny and intense focus on the requirements of regulatory compliance & risk management which has brought forth greater risks and a larger set of rules and regulations. Banking sector has also been forced to consider a fresh look at their compliance practices and technological infrastructure that supports them and to pursue a wide range of compliance and risk initiatives across the banking sector.
By Christina5 years ago in Trader
The Digital Economy of Australia
2% of Australians are using digital payment wallets to pay their bills and are embracing digital payment solutions. Australia has become one of the fastest-growing cash-less countries with cheque usages dropped down significantly by 20+%
By Richard Preston5 years ago in Trader
What are the implications of having the Federal Reserve switch to Average Inflation Targeting?
The Federal Reserve began inflation targeting in Jan. 2012 when it announced that it would like to see the core Personal Consumption Expenditure Deflator, PCE (that excludes food and energy components) rise by about +2.0% per year. With average inflation targeting, it means that if inflation grew by less than 2.0% for a couple of years then it should be willing to tolerate and some might go so far as to say --- encourage inflation above this threshold so that over long periods of time, the growth in inflation approximates a 2.0% growth pace. The thought here is that by allowing the economy to run hotter and not worrying too much about inflation, the Unemployment Rates of “Persons of Color,” and others with “less schooling years” will have an opportunity to decline towards levels enjoyed by the general population, a laudable goal no doubt.
By Anthony Chan5 years ago in Trader
Tariffs & Tariff Analysis
Perhaps, many would be surprised to hear that the study of international trade has been a cornerstone of Economics theory for many centuries. Such scholars as David Ricardo, David Hume, and Adam Smith were pioneers in development of ideas and models on the subject. Their pioneering work, and the subsequent theoretic development of the subject has been a controversial matter of debate among nation states ever since.
By JHS5 years ago in Trader
Why is there a market rebound going on?
The last couple of months have been a turmoil in the US economy. Due to novel coronavirus pandemic which has forced the whole world to close down a lot of businesses have suffered incredible financial losses. The United States in particular with the highest infection rate in the whole world having 5 million infected individuals and almost 160,000 deceased. It is no surprise that the economy would start crumbling. While Trump’s administration decided to open up the country, the progress is still halted by the increasing infection rate.
By Giorgi Mikhelidze5 years ago in Trader
European countries pay the most alcohol tax globally
Tax is a fact of life. Whether you’re a business accountant dealing with online invoice requests or a customer making a single purchase in a shop, tax is an integral part of our economy that everyone is aware of.
By James Patefield5 years ago in Trader
WHY BIG MONEY IS ALREADY POURING INTO EDGE COMPUTING
Why didn’t coronavirus sink America into a depression? The answer can be summed up in two words, and it’s not “stimulus checks.”
By Jacob Wolinsky5 years ago in Trader
The Financial Behaviors of Millennials
The oldest millennials are turning 40 this year, and their habits and priorities regarding where and how they choose to spend (or not spend) their money is reshaping our world–financial and otherwise.
By NSanchez5 years ago in Trader