Big data (also referred to as business analytics) is all the rave nowadays and information is the new currency. As software gets more sophisticated at aggregating data, the economy is in need of people to interpret and decipher the data aggregated. However, academia has been slow to roll out degrees that can properly prepare students [...]
As a society, we love to think that we have transcended judging others by their looks and beauty has absolutely nothing to do with how successful we are in the pursuits of our careers. However, economists seem to think that our society is still as vain as ever and how well we do occupationally is still dependent on [...]
A lot of the rationale behind learning a second language in schools is the prospect of increase job opportunity and the ability to make more money. However, is that really true? Will people who know second languages earn higher wages? And if so, by how much? There has been a few intriguing economic studies that [...]
Start talking about money and interest rates come into the equation. Get a mortgage, buy a house, or get an auto loan---you will hear about interest rates. But what you may not know is that the interest rate referenced most of the time is the nominal interest rate, and not the real interest rate. So [...]
The business cycle affects everyone, from the busy banker to a simple utility worker. These two words mean a lot in daily broadsheets because the effects can be tremendous enough to shake the entire stock market and bring people out of job. What actually is a business cycle and how does it work? If it [...]
Although gold is no longer a standard form of currency in the vast majority of countries, it is still of extreme macroeconomic importance. The price of gold is tied to many currencies and currency pairs. Here is what happens to the major currencies when gold prices drop: US Dollar: The US Dollar and gold have [...]
So I've been on a bit of a bitcoin buying spree as of late. Because the investment (or currency) is still new, there is a lot of confusion about what it is, how to buy it, and how to trade it. So in this post, I will attempt to dymysfify the process of buying your first [...]
You often hear news about Warren Buffett and stock analyses based on a fundamentalist’s perspective. But what really is it? How do stock market advisers determine which stocks to buy and sell? Whether you are preparing yourself to be an investor, a stock analyst, or someone who merely wants to understand how fundamental analysis works, [...]
