Royce Market Review
Insights on Markets, Trading, Investing and Economic Trends
Learn how inflation is measured, why CPI and PCE can differ, what causes prices to rise, and how inflation affects money, savings and the economy.
Learn how monetary policy influences interest rates, borrowing, inflation and employment, and how Federal Reserve policy tools work in practice.
Learn what defines a recession, why two negative GDP quarters are not an official rule, what causes downturns, and which indicators economists watch.
Learn how GDP measures economic production, how the C + I + G + net exports formula works, and how real, nominal and per-capita GDP differ.
Learn how technical analysis uses charts, trends, support, resistance, volume and indicators to interpret price behavior and market momentum.
Learn how margin trading works, how leverage magnifies gains and losses, how maintenance requirements operate, and what can trigger liquidation.
Learn how brokerage accounts work, how cash and margin accounts differ, what happens to uninvested cash, and how investments are held and settled.
Learn what a broker does, how customer orders reach financial markets, how brokerage firms earn money, and how brokers differ from advisers.
Learn how asset allocation divides a portfolio among stocks, bonds and cash, how target weights affect risk, and when rebalancing may be needed.
Learn how value investing compares price with business value, how intrinsic value is estimated, and why a low valuation does not always mean a bargain.