Probabilities of a Recession in 2023

A recession is a significant decline in economic activity spread across the economy, lasting more than a few months. It is visible in industrial production, employment, real income, and wholesale-retail trade. The technical indicator of a recession is two consecutive quarters of negative economic growth as measured by a country’s …

Home Loan Programs for Veterans: How to Get a VA Mortgage

If you are a veteran, you may be wondering about your mortgage options. Fortunately, the Department of Veterans Affairs (VA) offers several home loan programs that are designed specifically for veterans. In this blog post, we will discuss how to get a VA mortgage and the different benefits that come …

Contribution Margin Income Statement: Definition, Format, Formula, Example

Companies present their income statement to investors to help them make various decisions. It is a part of the financial statements that companies prepare. However, companies also prepare some reports internally which can resemble these statements. One of these includes the contribution margin income statement. It relates to the concept …

SBA 7a Loan: What You Need to Know

If you’re looking for a small business loan, the SBA 7a Loan is a great option. This loan program was created by the Small Business Administration to help businesses get the funding they need to start or grow their business. In this blog post, we will discuss everything you need …

Amortization vs Depreciation

Accounting standards require companies to expense out their assets over their useful life. These assets come at a cost that companies must spread over that life. Usually, companies use techniques like depreciation or amortization to achieve that. However, both differ in various ways. Before discussing the differences, it is crucial …

How Effective Is Technical Analysis?

Technical analysis is the study of past price patterns to identify market trends and trading opportunities. Technical analysts believe that the collective actions of all participants in the market, including buyers and sellers, producers and consumers, investors and speculators, etc., influence asset prices. By analyzing price data, technical analysts aim …

Salary vs Wages

Companies pay their employees for the services they provide. The compensation provided to those employees may include salaries or wages. In many places, salaries and wages are terms that often get confused. While both represent payments to employees for their services, these forms differ significantly. Before discussing the differences, it …