The Monday trading session saw a mixed movement with the Brent crude oil edging higher on tighter supplies and positive economic data. After a long span of downfall, the Brent crude is finally on a rebound. It rebounded close to a 20-week high at almost $43 per barrel. For the last two months, oil prices have been moving in a close range as OPEC+ output cuts achieved its … [Read more...]
Do you recognize the changes brought about by FICO and what they mean to you?
On the 24th of January, 2020, FICO declared their latest rendition of FICO score which is a 3-digit number that determines the credit risk of an individual. This new model for scoring will take into account the debt levels of the consumers and will closely monitor personal loans. The previous model for calculating your score used to take screenshots of the payment history of an … [Read more...]
Understanding Who Wins and Who Loses in the Market
Fooled by the market By Robert Moskowitz Question: I recently saw an article saying that the market ALWAYS moves in a way that makes fools out of a majority of those involved in it. Having recently endured some losses, and failing to get in on some winners, I tend to agree. My question is, why? There are as many buyers as sellers, so why is it a majority that … [Read more...]
Essential Tips for Equity Investors during the Turmoil Created by Coronavirus
There’s no doubt when we say that in a matter of just 14 days, the Coronavirus pandemic has cut down around a third of the worldwide market cap. On Friday, the Indian equity market rebound valiantly but if you take into account the Sensex, it closed down 20% below the peak level that was attained 2 months back. The investors breathed a sigh of relief knowing that there are … [Read more...]
3 Things to do with Your Personal Finances Amidst the Coronavirus Pandemic
Officially, the Coronavirus has been announced as a pandemic by WHO as it has played a major role in disturbing the stability of not only the US economy but all the economies worldwide. Not to mention the stock market that has hit the lowest level since the last market crash in 1987 and there are several other industries that are harshly affected and as a result are laying off … [Read more...]
The Future Looks Demanding for the Insurance Industry
Are you someone who has always been aware of the changes in the insurance industry? If yes, you will probably have a clear idea of the fact that this industry is standing on the threshold of a profound and inevitable change. No, it is not a digital disruption as you may think. Brand new competitors, ambitious and onerous customers and a new set of challenges are all bringing … [Read more...]
A Guide for Retirees to Deal with a Plummeting Stock Market
For Wall Street, it has been a rough week, in fact, the roughest week since 2008. The NASDAQ, S&P and the Dow are all down due to the Coronavirus that is spreading like an epidemic. The impact is not just seen by Wall Street as markets all over the world are feeling the burden. But what about you if you have money in the market and suddenly the market starts plummeting? If … [Read more...]