Money and Banking
This institution serves as the central bank of the United States.
What is the Federal Reserve? (the Fed)
This 1930s downturn is considered the worst economic crisis in U.S. history.
What is the Great Depression.
This term refers to any resource owned or controlled by a company that is expected to provide future economic benefit.
What is an asset?
This New York street is home to the NYSE and is often used as a synonym for the U.S. financial markets.
What is Wall Street?
This term refers to owning a small piece of a company.
What is a stock
This term refers to the interest rate banks charge EACH OTHER for overnight loans and is a key monetary policy tool.
What is the federal funds rate?
This late‑1990s boom and bust was driven by rapid speculation in internet‑related companies.
What is the dot‑com bubble
This financial statement shows a company’s assets, liabilities, and equity at a single point in time.
What is the balance sheet?
Who is the current CEO & Chairman of JPMorgan Chase?
Jamie Dimon
This type of account allows tax‑free growth and tax‑free withdrawals in retirement.
What is a Roth IRA.
This term refers to the interest rate banks charge each other for overnight loans, and is a key monetary policy tool.
What is the federal funds rate?
This event in the late 2000s began with the collapse of mortgage‑backed securities and triggered a global recession.
What is the Global Financial Crisis.
What does GAAP stand for?
Generally Accepted Accounting Principles
This former stockbroker, nicknamed “The Wolf of Wall Street,” ran the pump‑and‑dump scheme at Stratton Oakmont.
Who is Jordan Belfort?
This concept describes how an investment grows faster over time as returns begin generating their own returns.
What is compound growth
This measure of money supply includes currency, checking deposits, and other liquid assets, and is often used to gauge short‑term liquidity.
What is M1?
This 1980s economic policy approach, associated with Ronald Reagan, emphasized tax cuts, deregulation, and supply‑side growth.
What is Reaganomics
This valuation method estimates a company’s worth by discounting expected future cash flows back to their present value.
What is a Discounted Cash Flow (DCF) analysis.
Who is known as the Oracle of Omaha?
Who is Warren Buffet
How many stocks does the NASDAQ 100 have?
What is 101
This term refers to the rate of return earned on a U.S. Treasury bond after adjusting for inflation, often used to measure the true cost of borrowing.
What is the real interest rate?
In this year, Richard Nixon ended the U.S. dollar’s convertibility to gold, effectively ending the gold standard.
What is 1971
This metric measures a company’s profitability relative to shareholder equity and is calculated as net income divided by average equity.
What is Return on Equity (ROE)
This 1987 event saw the Dow Jones fall 22% in a single day, the largest one‑day percentage drop in U.S. stock market history.
What is Black Monday
This type of investment pools money from many investors to buy a diversified portfolio of securities.
What is a mutual fund.