peterson oil Edwards and bell's point of view On the other hand, if investors think that inflation will worsen or worsen, interest rates may rise to curb inflation, and bond prices will fall. First half of the 1980 s, the United States there is a lot of huge budget deficit and trade deficit, the dollar remains strong, is the United States adopted a policy of high interest rates, which makes a lot of capital from Japan and Western Europe into the results of the United States. The trend of the dollar has been greatly influenced by interest rate factors. Interest rate decision theory 2. Accounting earnings are based on the assumption of accounting instalments, which refers to the production and operation results of a certain period of time. Early accounting earnings is calculated according to the cash basis, and the modern accounting earnings is according to the classification current income and expenses of accrual basis, after the appropriate ratio calculated. However, the benefits of cash determination are more acceptable to users. Announced on the UK economy in the international monetary fund annual health check results, published in the Treasury's speech, ms lagarde hit back at the recession after the referendum criticism at the upcoming future fund. The knowledge of the futures market is not too much. If you work hard, you will be able to learn the knowledge of futures by the end of the year. So the introduction of futures is very easy, but this is only the first phase of learning. After completing this initial study, many people conclude that futures are easy to operate and start trading. As a result, losses ensued, and in real deals he found that he had too much to learn. This will allow investors to move quickly into the second phase of learning: confusion and confusion. At this stage, investors find that there is so much to learn that they don't know what to learn. It seems that everything needs to be learned, and it seems that learning nothing is useless. Most investors are not able to get through this stage and are eliminated from the market. Investors who can get through this stage will enter another state where he can form his own trading philosophy, form his own trading patterns, and even form his own trading philosophy. In other words, his mind and trade have formed a system. But he still phases into the state of investors profit, it is impossible to a steady profit, the average person after reaching this state, he again learning motivation will gradually lose, he started to cycle around their own system, he felt he had to understand the market: the market. But the market is far from "just that". His own system began to become a barrier to his further learning, and he began to close himself, deny others, even laugh at investors in the first two stages, and refuse to communicate with others. Indeed, there are not many people who can reach this stage, so he becomes lonely and it is difficult to learn and progress again. When investors reach this stage, they will form their own system: technical or fundamental, or policy-based, much like the wuling faction, each other light. However, the study of the futures market is really starting from the third stage, which is equivalent to the basic course, and the third stage begins to enter the specialized courses. The first two stages are all knowledge, and the third stage is to learn skills. The learning of skills is endless and the continuous improvement of skills is the foundation for you to stay profitable. 4. The determination of accounting earnings shall follow the principle of revenue confirmation. The current accounting practice and the law's view of earnings are still: only after the relevant conditions of the asset value increase are met, the benefits can be generated. Income and appreciation must be measured objectively, determined or unalterable, and must be verified through some business or accounting matters. In other words, the determination of accounting income should be based on the following two principles: the realization principle of income determination and the prudent principle of income determination. According to the realization principle of revenue recognition, the enterprise income should be divided into operating income and profit and loss. The determination of operating earnings must happen in selling goods or services and other key issues, and the profit and loss refers to the production of the assets held realized gains and losses, unrealized gains and losses caused by price change is not confirmed. According to the principle of steady earnings determine when a has a variety of economic business accounting methods for when the choice, should choose the most don't overestimate the method of income, it should not be overestimated revenues and should not be underestimated cost two aspects. The accounting income maintains the financial capital preservation, namely, the monetary value that only requires the owner to invest is not eroded, the enterprise income exceeds the input value part is the accounting income. Accounting focuses on reporting financial results. The economic benefits insist on physical capital preservation, which can only be confirmed when the actual production capacity of the owner is saved. It is believed that only by maintaining the actual production capacity of the enterprise can the enterprise reproduce smoothly. Physical capital preservation is more meaningful than the income of financial capital preservation, but it is difficult to measure. "Austerity has failed and will only continue to undermine our economy in the brexit negotiations," he added.