Why the Consumer Confidence Report is Useful

What is the Consumer Confidence Report? The consumer confidence report is a survey conducted by the Conference Board that measures consumer attitudes about both the present and future situation of the U.S. economy. Each month,…





Why Should We Bother with Services PMIs

What the heck are services PMIs? A Purchasing Manager Index (PMI) is basically the assessment of purchasing managers with regard to the business and economic environments. Managers in the services industry are asked to answer…





How to trade the news

In trading it is shouted from the rooftops, “trading is NOT for gamblers”. And it is absolutely true. Professional traders do NOT take punts; they have a clear set of rules that pinpoint high probability…


What are complementary currencies?

It would seem that one of the first things a new country would want to get squared away is a standardized currency. But that was not the case with the United States. For most of…