For India, 2009 till now, been a great year with the return of a stable government at centre, good FII inflow, substantial increase in the stock market and less terror attacks. For the first time an Indian won double Oscar and Indian American received Nobel Prize for Chemistry. But H1N1 influenza claiming thousands of lives and a series of plane crashes are some events that we never want to happen again.
Meanwhile,...
A quarterly event in US markets that occurs when the contracts for stock index futures, stock market index options and stock options all expire on the same day. Triple witching days happen four times a year on the third Friday of March, June, September and December. The simultaneous expirations generally increase the trading volume of options, futures and the underlying stocks by hedge strategists, arbitrageurs,...
Posted by
vandana on Nov 18th, 2008 in
Economy,
World |
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In March investors across the world were worried that the financial system had all collapsed. Analysts were predicting huge losses in sub prime crisis. Now within five after, everyone is cool. Stockmarkets have stabilised and corporate credit spreads (the excess interest rates paid by risky borrowers) have come down sharply. Gold and silver are cheap. Bankers talk about having put the worst behind them. After 2%,...
Posted by
Surabhi on Nov 5th, 2008 in
World |
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“If there is anyone out there who still doubts that America is a place where all things are possible; who still wonders if the dream of our founders
is alive in our time, who still questions the power of our democracy, tonight is your answer.
It’s the answer told by lines that stretched around schools and churches in numbers this nation has never seen; by people who waited three hours and four hours,...
Posted by
sandeep on Sep 24th, 2008 in
Economy,
World |
0 comments
One can have a look on the amazing history of Fed interest rates “Fed interest rates hovered near 1 % in 1954 and, it went skyrocketing in 1981 to more than 15% and recently the Fed lowered it to 4.75% on Sep 18, 2007 from earlier 5.25%”
The Federal Reserve is often referred as the “Fed”. It is the central banking system of the U.S. The Federal Open Market Committee (FOMC), a component of the...