Since July 2014, the U.S. dollar has advanced more than 20% against other world currencies. To many, having a strong currency might sound like a good thing, and in many respects it is. The dollar’s relative strength is a reflection of the U.S. economy, which continues to improve since the financial crisis.
The Federal Reserve has maintained its Fed Funds rate at 0% (the so-called Zero Interest Rate Policy or ZIRP) for fully six-and-a-half years in an effort to stimulate the economy and bring down the unemployment rate. The Fed Funds rate will be at the same level come this time tomorrow, despite encouraging signs of a “spring thaw” in economic activity.
Many of us know the “January Effect," also referred to as the “January Barometer,” refers to the belief that equity market performance in the month of January will predict how the market will perform throughout the year. It appears to no longer work.
With the movie "Trading Places" celebrating 30 years this year and the upcoming launch of our own video and movie player, Alpha TV, we looked back at our list of Top Trading Movies. We took a crack at this last year, but here are our revised and expanded choices.