December 20, 2021Comments Off on How Data Science and Fintech Affect Your Life Posted in: Technology
If you’re like many people, you might not think much about data science or fintech. Perhaps you haven’t even heard of them, yet they are active behind the scenes in many of your financial transactions. Therefore, it is beneficial to have at least a basic knowledge of the nature of data science and fintech and how they affect your life.
Data Science
Data science is all about gathering, processing, communicating, analyzing, storing and safeguarding data, and data is everywhere these days. Those who work with data are always seeking better ways to acquire it, report it, classify it, find meaningful patterns within it and secure it. These activities, indeed, are at the heart of data science, and there is no doubt about their importance. You likely create data in many ways every day, so you have a vested interest in the field of data science even if you have never …
November 14, 2019Comments Off on How Do Interest Rates Affect the Stock Market? Posted in: Business
As an individual borrower, the rate of
interest plays a significant role in determining the tenure and loan amount you
wish to borrow. This is because the interest rate is a kind of fee that you pay
on borrowed money, which is expressed as a percentage of the total loan amount.
Typically, we base our spending on the interest
obligation we would have to bear.
Similarly, there is a crucial relationship
between the stock market
and interest rates. Understanding this can help you to know how interest rate
changes can affect your life and thus help you to make smart investment
decisions.
In the short run, the sudden rise of
interest rate can impact organisations that have high debt in their balance
sheets. As the interest rate rises, it further reduces the companies Earnings
Per Share (EPS). This can cause a negative sentiment on such stock that can
influence a …
