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Questions tagged [current-events]

The current-events tag is for questions dealing with current events affecting personal finance, investing, and other money issues.

0
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2answers
89 views

AUDUSD vs. Apple's bad results in China - WHY is this positive correlation (it has nothing to do with AUD!)?

I would appreciate if some trading fundamental analysis expert could please explain me this. Recently I lost basically all my entire life savings, everything i worked for, for over 3 years, waking up ...
0
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1answer
139 views

Reason for drop in REIT ETFs over last couple weeks

Since the beginning of the year, it seems that most REIT ETFs have dropped around 5% (e.g., IYR) while stocks have done really well. Were there any market/economic/political events recently that ...
4
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2answers
2k views

Is it possible to trace the source of bills that I've collected in USA by serial number?

Last year in Las Vegas, I cashed out a couple of cash vouchers (worth around 60$) at the special ATMs located inside casinos. Finished my trip and headed back to Turkey. Then the failed coup attempt ...
1
vote
1answer
586 views

Why did the price of ASH common stock drop when the market opened on May 15, 2017?

I noticed this morning that ASH stock opened today at 60.35, about half the price it closed at last Friday, May 12, 2017 (121.75). Has the stock split? If so, what is the split ratio?
1
vote
1answer
91 views

What and which side determine the change in exchange rate

Usually I withdraw money from my account in my home country's currency, to where I live, so the conversion rate is applied and I get the money in the currency of the country I live in. I am very ...
3
votes
1answer
133 views

What happens to brokerage accounts during severe financial crises? [closed]

It's well known that during, for example, the recent Argentinian great depression (1998-2002) or the ongoing Greek government-debt crisis, the bank accounts of members of the public were frozen, and ...
3
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3answers
223 views

Can everyday people profit from unexpected world events?

How does somebody like Carl Icahn start trading in the middle of the night? I thought NYSE would be closed! Or is he trading in other exchanges? Icahn Left Trump Victory Party to Bet $1 Billion on ...
4
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3answers
207 views

Dealing with event driven market volatility

As a bit of background information, I'm a Canadian novice investor. I've dealt mostly in stocks and have done pretty well in the past year (+25%). I'm concerned about market volatility once the US ...
5
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2answers
14k views

How exactly does a country devalue its currency? [closed]

OK. So China devalued its currency today. How exactly does that happen? Does some official tell the Foreign Exchange the the new exchange rate for the yuan is 0.98 * the current exchange rate? ...
4
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2answers
580 views

Why are certain currencies considered safe havens in times of turmoil?

Why are the Japanese yen (JPY) and the Swiss franc (CHF) considered safe currency havens in times of turmoil, like the present crisis in Russia-Ukraine? Both JPY and CHF have become stronger ...
4
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2answers
93 views

Capitalize on a falling INR

Recently the INR has taken a beating. As an Indian retail investor, is there a way to capitalize on this? Assuming that the person is not in the export business. They are a salaried person earning ...
0
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1answer
609 views

How can I get a current account for working as a freelance event manager?

I am planning to do event management as a freelancer. How can I get a current account for this type of work, as I have not registered any company? I need suggestions on how I can proceed further.
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3answers
4k views

Why did the Swiss National Bank fix the EUR/CHF exchange rate at CHF 1.20?

Two questions actually: Why did the Swiss National Bank fix the EUR/CHF exchange rate at EUR 1 = CHF 1.20 as of September 2011? How are they making sure that the exchange rate stays at CHF 1.20? See ...
23
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7answers
13k views

Why are interest rates on saving accounts so low in USA and Europe?

For example, in USA interest rates are 1-2% percents, while in Russia it is normal to have up to 8% anually for US dollars account. Same goes for Euro. For Russian ruble it can be up to 12%, but with ...
8
votes
4answers
497 views

From Facebook's perspective, was the fall in price after IPO actually an indication that it went well?

Please state if I'm incorrect but the whole point of a company doing a IPO is it wants to sell off a portion of itself in order to raise capital. So in an IPO, I presume a company would aim to sell ...
2
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1answer
258 views

Where can I place my savings in to limit my exposure to the risk of European bank failures and sovereign debt defaults?

After looking at this stunning Euro Zone Bank Stress Test tool provided by Reuters, I see the danger and the hight level of interconnections that exists among Banks in EU. The actual scenario (...
8
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2answers
12k views

How does stabilization work during an IPO?

When Facebook went public, the price didn't rise like a normal IPO. Normally, IPO's are priced so that there's a "pop" on the opening day. Instead the Facebook price fluctuated around the initial ...
3
votes
3answers
513 views

Can I participate in trading Facebook shares on their IPO day from any brokerage?

Can I participate in trading Facebook shares on their IPO day from any brokerage? Or might accessibility be limited? (I have some money in a Vanguard account and would like to use that if possible.) ...
2
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2answers
1k views

How do historically low interest rates affect real estate prices?

30-year fixed interest rates have hit a historic low today: 3.83%. I happen to live in the second hottest real estate market in the nation and am considering purchasing my first home, which would be ...
8
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1answer
2k views

I am a small retail investor. Can I invest in the Facebook IPO at the IPO price? [duplicate]

Possible Duplicate: How can I purchase Skype stock during the IPO? I've heard that only big institutional investors will be able to purchase Facebook shares at the Facebook IPO price. A small ...
4
votes
4answers
10k views

Better to make $999,999 to avoid the higher tax rate if made over one million dollars?

That's the question. Some people tell me that if Obama (for an example) imposes say 40% tax rate on people making 1,000,000 dollars, people would just make less than 1,000,000 dollars and still keep ...
6
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4answers
2k views

Why can't the Fed lower interest rates below zero?

Ben Bernake said today that he can't lower interest rates further because they can't be lowered below zero. IIUC benchmark interest rates are determined by what someone is willing to pay in an ...
3
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2answers
3k views

What is the best way to save money from inflation and currency devaluation?

I live in one of the poorest and corrupt countries in Asia. The government is incompetent and laws only apply to the poor. The economy is shrinking and currency is going through constant devaluation ...
5
votes
2answers
352 views

What are the risks of euro deposit accounts in Greek and Cypriot banks?

What is the risk of having 100k euro in accounts in Greek banks and Cypriot banks? Is there a guarantee? I assume that the state guarantee for deposits doesn't hold when a country defaults.
3
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1answer
351 views

If Greece decides to stop using the Euro, how would they implement it?

In particular, if they decide that they want to stop using the Euro as their currency, and have their own currency, how would that work? Since greece euros are the same as other european country's ...
4
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2answers
1k views

Why did Japan's currency value increase after the tsunami?

Why is it that Japan's currency went up after the tsunami? Dollars to Yen After March 11th, the dollar to yen ratio drops until the 16th. What causes the value of currency to rise as the stock ...
38
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9answers
19k views

What happens to my savings if my country defaults or restructures its debt?

I live in a eurozone country that a lot of people think will soon default or restructure its debt. My family has a savings account in a bank here. A similar question has been asked before, but it isn'...
5
votes
4answers
149 views

Will prices really be different for cash and cards?

I heard Clark Howard on the radio this morning saying that due to a court settlement stores will be able to charge different rates for different tender types. How soon will this take effect and what ...
7
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3answers
2k views

Where to find out conversion ratio between General Motors bonds and new GM stock?

I bought some General Motors bonds (ETF-traded under "XGM" symbol) when they were at depressed prices, before GM declared bankruptcy. GM is supposed to be having an IPO sometime in November, and ...
6
votes
4answers
529 views

Do large market players using HFT make it unsafe for individual investors to be in the stock market?

Similar to this question, but with new information concerning High Frequency Trading [HFT], see articles on HPCwire and the NY Times citing that HFT accounts for 73 percent of all equity trading ...
5
votes
6answers
815 views

Would you withdraw your money from your bank if you thought it was going under? [closed]

The Texas Ratio attempts to measure how well a bank can cover its losses on nonperforming loans. A ratio over 100 indicates the bank is in trouble. I cross referenced the texas ratio for banks ...
14
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9answers
13k views

Should I stockpile nickels?

As the US dollar continues to be devauled the metal content value of US coins will eventually be worth more than the face value of the coins. There use to be silver in US coins but due to the ...
46
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10answers
6k views

Are you preparing for a possible dollar (USD) collapse? (How?)

After the last crisis it was easy for many to look back and say all the signs were there to indicate an impending crisis. Super-low interest rates from the FED, no down-payment loans, interest-only ...
5
votes
1answer
116 views

What effect will the financial reform bill have on everyday Americans?

It looks like Congress made substantial progress towards passing the Financial Reform Bill today, but I really know very little about what is actually in it, and what I do know seems very complex. ...
16
votes
4answers
1k views

May 6, 2010 stock market decline/plunge: Why did it drop 9% in a few minutes?

Today (5/6/2010) the market dropped almost 900 points in less than an hour. I don't see any news story that explains the drop. Am I missing something obvious?
18
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3answers
700 views

Is there any way to know how much new money the US is printing?

There is a lot of talk about the Fed printing money. Is there any way to know how much new money is being printed and when?