olitical and social Supreme Court ruling or an
developments, you will opinion of the Justice
find, can have an immediate Department.
or eventual effect on stock and
The Bureau of Internal
currency prices as readily as Revenue's corporate or personal
economic factors. tax rulings, the Commodity Credit
When the Suez Canal was closed, Corporation's policies on
stocks of companies obtaining commodity prices and lending, the
appreciable amounts of oil from Commerce Department's business
the Middle East reacted forecasts, the Farm Credit
adversely, while domestic oils administration's schedule of
advanced, anticipating a greater prices for agricultural products,
demand on their production.
the Interstate Commerce
Washington, in all its Commission's rulings on railroad
ramifications, can alter the freight rates the list of actions
course of the market. The and possible reactions is
President, the Congress, the virtually endless.
Supreme Court, and all the
The power of state utility
attendant Government agencies, commissions to regulate rates,
bureaus, and committees can take the wages-and-hours demands of
action influencing the prospects labor unions, and such
for companies or industries.
revolutionary admistrative
Projections of the President's decisions as that of New York
Council of Economic Ad¬visors are state, some years back, for the
important. Congressional action first time permitting certain
on the corporate tax structure, trusts to invest funds in common
on the extent and direction of stocks have direct impact on the
military spending, or on labor financial and investment
legislation can have far-reaching world.
effect on business. So can a
Read widely and read
regularly. Among other things, how one segment of industry is
most financial information is going compared with another, or
carried in the form of charts, what some analyst thinks of a
indexes, and averages that won't certain stock, your reading will
make much sense until you have tell you.
enough background to compare them
In time, you will become
with last month, the previous selective. You will want to stay
quarter, or a year ago.
abreast of general business and
Don't expect to have hot tips market news, but, unless you are
or inside information re¬vealed dealing in commodities, you will
to you. Most of the available not pay much attention to the
market material is in the public grain markets or coffee, sugar
domain, and the professionals and onion futures. And you will
have seen and di¬gested it before probably not memorize freight-car
you. In any event, you are not loadings except insofar as you
yet ready to outwit the want an indication of how the
experts.
railroads are getting along.
You are interested in getting
The internet can also help you
into the habit of informing with research and it is amazing
yourself and of staying alert to how quickly information is
changes and trends. It will take received by everyone
a powerful lot of reading to nowadays.
decide whether Gulf is a better
To protect yourself if you are
oil company than Standard of trading on Forex, download some
California, or whether General Forex software that can help you
Mills grind finer than predict currency prices
Pillsbury.
But if you want to know what
new products or what new ventures
a corporation is undertaking, or
type="text/javascript">
google_ad_format = "728x90_as"; type="text/javascript"
google_ad_type =
"text_image"; src="http://pagead2.googlesyndica
tion.com/pagead/show_ads.js">
google_ad_channel
="3545651507";
google_color_border =
