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Tip of the Day Be Aware of Other Deductions

Be Aware of Other Deductions - As part of filing your income tax you need to educate yourself as far as what deductions are allowable. Each year the government...

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Durable Goods

Definition: The durable goods indicator is a monthly report that helps investors determine consumer confidence.  If durable goods sales are strong, consumers are confident about the economy and are more willing to make large purchases.

Advice: This report has some value but if you're focusing on consumer confidence, there are many more indicators out there to look at.  The consumer sentiment index measures just consumer sentiment.  The consumer discretionary and discretionary spending indicators are also great measures.

 

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Definition of the Day Scholarship

Definition: A monetary award, usually based on either academic merit or financial need (or both), that can be applied to...

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