The Baltic Dry Index (BDI) is a number issued daily by the London-based Baltic Exchange.A shipping and trade index created by the London-based Baltic Exchange that measures changes in the cost to transport raw materials such as metals, grains and fossil fuels by sea. Not restricted to Baltic Sea countries, the Index tracks worldwide international shipping prices of various dry … [Read more...]
Consumer Confidence Index – CCI Explained
Consumer confidence is the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people feel about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy.A survey by the Conference Board that measures how … [Read more...]
Constructive Sale Rule – Section 1259
A section of the Internal Revenue Code that clarifies the transactions that are subject to capital gains taxation. Basically, any transaction that essentially offsets a previously held position is subject to the tax, even if it is not a straight sale of a security. An example of a transaction that falls under the Constructive Sale Rule is a short sale against the box.. … [Read more...]
What is Coiled Market?
Coiled markets refer to markets thought of having potential to make a sizable move in one direction, but for one reason or another, is currently restrained from doing so.Basically ,a market that is believed to have the potential to make a strong move in one direction after being pushed in the opposite direction. Coiled markets refer to markets thought of having potential to … [Read more...]
Accelerated Death Benefit – ADB
A death benefit in some life insurance policies that may be paid before the policyholder's actual death. Generally speaking, one may use the accelerated death benefit only to defray medical expenses should the policyholder be diagnosed with a terminal illness. An Accelerated Death Benefit (ADB) is a benefit that can be added to your life insurance policy. It can provide cash … [Read more...]