MINT HILL, NC – Have you ever been listening to the news or reading an article and the language comes across like hieroglyphics to you?  Popular sites such as Investopedia and The Financial Dictionary have over 1,885 financial acronyms housed in their shared glossaries.  Here are a few examples:

S&P: (Standard & Poors), is a financial market intelligence corporation. It provides credit ratings on bonds, countries, and other investments. It calculates more than one million stock market indices. The most well-known is the S&P 500 ® Index.

CPI: (Consumer Price Index) expresses the current prices of a basket of goods and services in terms of the prices during the same period in a previous year, to show the effect of inflation on purchasing power.

GDP: (Gross Domestic Product), is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly) of time. This is used as a measure to assess the growth of an individual country’s economy.

This article was released by Beaumont Capital for use by your local Cambridge Investment Research Financial Advisor.

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