An index used by some investors to gauge industrial production by using the output of cardboard boxes to predict the purchases of non-durable consumer goods. This is considered to be a relatively good measure. It is estimated that nearly 75 to 80 percent of all non-durable goods are shipped in corrugated containers. Therefore, the greater the amount of cardboard boxes being made, the greater the amount of cash being invested by companies to produce goods.
1. The act of investors choosing investments that have performed well within another portfolio in anticipation that the trend will continue. 2. Relating to bankruptcy proceedings whereby the courts uphold contracts favorable to bankrupt companies, but annul those that are unfavorable. 1. Used by both fund managers and individual investors, cherry picking is a method that reduces the amount of time required for researching stocks as the pool of securities in which investors pick from is significantly narrowed. For example, rather than having to research all the stocks that deal with semi-conductors within the exchanges, an investor may instead look at a few mutual funds investing exclusively in these products and research only those investments picked out to be the best performers. 2. Legislation has been changing in order to stop this practice from continuing.
A loan or credit with a low interest rate, or the setting of low interest rates by a central bank like the Federal Reserve. Cheap money is good for borrowers, but bad for investors, who will see the same low interest rates on investments like savings accounts, money market funds, CDs and bonds. Cheap money can have detrimental economic consequences as borrowers take on excessive leverage. When money is cheap, it is a good time for borrowers to take on new debt or consolidate existing debts. However, borrowing more than one can afford to repay was one of the primary catalysts of the 2008 recession. Here are a few examples of cheap money: -A credit card with a 0% introductory APR for 12 months -A 30-year fixed-rate mortgage at 4% interest -An auto loan at 0.5% interest
The economic policies used by Bill Clinton, who was president of the United States from 1993 to 2001. Clintonomics refers both to the fiscal and monetary policies employed during the period, which was marked by low interest rates, trade agreements such as NAFTA and the rapid growth of the stock market. The term Clintonomics is a portmanteau of the words "Clinton" and "economics". Bill Clinton came to office while the United States was still recovering from a recession. He inherited Alan Greenspan as the chairman of the Federal Reserve, whose policies helped keep inflation at a relatively low rate during the advent of the internet era. Some economists believe that Clintonomics was the precipitating cause for the recession in the early 2000s, as interest rates were kept at such a low level as to create an environment marked by over-borrowing.
A bond that is said to have no principal, no interest and no maturity. Named after former President Bill Clinton and his well-documented "extravagances". Also known as a Quayle Bond, named after former Vice-President Dan Quayle. This rarely seen buzzword is more often used to make a point, than to actually represent a market stock.
A specific approach to doing business that focuses on the customer. Client centric businesses ensure that the customer is at the center of a business's philosophy, operations or ideas. These businesses believe that their clients are the only reason that they exist and use every means at their disposal to keep the client happy and satisfied. Client centric has long been a buzzword in service-oriented industries such as the financial services. Firms that strive to be Client Centric often do so by offering one-stop shopping for middle-income customers. Others may provide a suite of high-level services for high-net worth clients.
A type of business model that includes both online and offline operations, which typically include a website and a physical store. A click-and-mortar company can offer customers the benefits of fast, online transactions or traditional, face to face service. This model is also referred to as "clicks and bricks". Best Buy follows the click-and-mortar business model. Customers have the choice between visiting one of Best Buy's physical locations or using the website to complete transactions. Both the store and website allow customers to compare and search for goods and purchase products.
The fraudulent act of purchasing a life insurance policy without disclosing a pre-existing terminal illness or disease. This type of fraud is often done with both the knowledge of the purchaser and the agent involved. In cases of clean sheeting, the policy is often sold shortly after it is purchased in a viatical settlement, but the money received is a lot less than what a legitimate settlement would yield. This is because there is a higher chance that the fraudulent policy will be rescinded. This type of fraud provides huge gains for the person who buys out the purchaser because he or she is able to buy the policy at a large discount, somewhere around 10% of the policy's face value.