As inflation spikes to its highest in four decades in many countries, central banks across the globe are under pressure to increase interest rates faster than anticipated. Increased interest rates impact the overall economy and help reduce inflation. In mid-March 2022, the US Federal Reserve (Fed) raised the interest rate by 0.25% and communicated it would increase it further and more aggressively this year. At an IMF event, the Fed suggested a 50bps rate hike in the May policy review and 75bps hikes in June and July. This triggered a drop in markets across Asia, including in India.
Inflation and rate hikes
Central banks take corrective measures such as changing interest rates to adjust money supply and increase the value of money by keeping inflation under control; this supports the economy. If a central bank increases the interest rate, it aims to raise borrowing costs so that consumers are less likely to borrow and spend money. They are encouraged to save money. This results in reduced inflation because lower demand reduces the prices of products and services. GDP also shrinks as exports become more expensive and, thus, concentrated, and imports become cheaper and record an increase.
Impacts of Fed’s interest rate hike on the equity market
- The market becomes more volatile as it witnesses more selling transactions.
- Interest rate hikes can negatively impact the stock market, and continuous hikes may lead to recession. If inflation does not decline with the Fed’s interest rate hike, it would have to raise rates further.
- With such a rise in market interest rates, both businesses and consumers cut back on spending. Companies are less likely to invest in business expansion. This impacts their stock and, thus, the stock market.
- Interest rate hikes will likely reduce the flow of money in the financial system. It makes borrowing more expensive, and the cost of operating a business rises. Hiked interest rates tend to reduce a company’s capital, making it more challenging to borrow, reducing investments and productivity. Over time, it would reduce company earnings, affecting growth rates and reducing stock values.
It is clear that interest rates and the stock market share an inverse relationship.
- As a general rule of thumb, reduced interest rates cause the stock market to rise, and an increase leads to a decline in the market. However, this is not a guaranteed market reaction to interest rate change.
- The history of rate hikes shows that the stock market is poised to experience high volatility, but this does not mean the market will become bearish. We note that the S&P 500 was higher during the Fed’s previous eight rate hikes. Thus, equity markets may decline before or near the first rate hike, but start to stabilise afterwards.
Themes to beat the Fed rate hike in India
- One aspect that brings positivity to the Indian stock market is Russia’s exclusion from the MSCI Emerging Markets Index and the slowdown in China. These lead to more inflows for Indian large-cap stocks. With the exclusion of Russia’s “uninvestable” stocks from widely tracked indices, India’s weight has increased, increasing flows in Indian large caps. Economists and analysts with leading equity research services expect the current slowdown in China to also lead to inflows to India.
- A formalisation of the economy would also improve the earnings of most businesses shifting from the unorganised to the organised sector; these include companies in the banking sector and steel and pipe companies.
- Sectors that drive business growth could also help, such as IT services, infrastructure and housing CAPEX, and automation.
Most leading portfolio managers, working with leading equity research service providers, focus on companies with strong financials and management teams to reap the most benefits. They recommend investing in the following stocks in the current scenario:
- Infosys consistently raised revenue, For FY23, it has posted revenue guidance of 13-15%, higher than market expectations
- Titan – shifting from the unorganised to organised sector
- SRF – expanding into newer and more complex fields such as fluoro-chemicals
- State Bank of India
- Asian Paints and Pidilite Industries recovered at a higher CAGR despite increased crude oil prices.
This is all about the impact of increased interest rates.
Acuity Knowledge Partners’ highly qualified equity research analysts (such as CFAs and CPAs) provide equity research services to global investment managers and research analysts . They and data experts offer advanced research insights across sectors and customised equity research services leveraging advanced technology (such as its BEAT suite of automation tools) for clients to find new investment opportunities with expanded coverage and stay abreast of the industry.
Hi there! This is Suruchi Pandey. I am a Self-employed, Working Professional. I love to Blogging, Creative Art, Photography, Reading, Others.
From Dull to Durable: Transforming Your Commercial Concrete with Expert Repair
Concrete is the most popular choice for commercial properties. It constitutes a wide range of structural elements, from sidewalks, driveways and patios. Concrete is a durable and long-lasting material. However, you might observe some signs of wear and tear over time. Don’t worry! Commercial concrete repair service in Brooklyn, NY, will address the issue immediately and efficiently.
A sidewalk concrete repair specialist in Brooklyn, NY, will transform your dull, damaged concrete into a durable and visually appealing surface.
Different Types of Concrete Damage
Although concrete is a strong construction material with a long lifespan, it may not often stand the test of time. There are various types of damage that you might observe in your structure, such as:
Cracks are a common type of concrete damage, especially on sidewalks and driveways. They can range in size from small hairline cracks to large gaps that run the surface length. Various factors, including temperature changes, heavy traffic, and settling the ground beneath the concrete, can cause cracks.
It’s essential to repair the cracks as soon as they occur to prevent further damage and ensure your property’s safety. A sidewalk concrete repair specialist in Brooklyn, NY, can use crack injection or surface patching techniques to fix the issue.
Chips in concrete can be caused by impact or regular wear and tear. It can weaken the structure, making it more susceptible to future damage.
Chip repair involves restoring the affected area with patching materials and color-matching techniques. It restores the surface to its original appearance.
Holes in concrete can be caused by heavy traffic, construction, and natural elements such as wind and rain. Its repair can be a complicated process, but it is essential to ensure the safety and longevity of your concrete surfaces. A skilled concrete repair specialist can repair holes using various techniques, including surface patching and epoxy injection.
Discoloration of concrete can be caused by exposure to the elements, such as sunlight and rain, or by using certain chemicals. Expert commercial concrete repair service in Brooklyn, NY, may use surface cleaning and staining techniques to restore the appearance of the concrete.
Oil, grease, and other substances can result from various factors. Cleaning the surface thoroughly using a stain remover designed for concrete is essential to remove stains. If the stain is stubborn, expert concrete repair services may remove it with a pressure washer or sandblasting.
Common Concrete Repair and Restoration Techniques
Concrete repair and restoration experts utilize the latest techniques and technologies to ensure the best results. Some of the most common and effective concrete repair and restoration techniques include:
This process involves applying a thin layer of concrete over the existing surface to restore its appearance and provide added durability.
It involves filling in cracks in the concrete to prevent further damage and enhance its overall appearance.
This process levels uneven concrete surfaces, making them safer and more functional.
This technique involves adding decorative elements, such as patterns, color, and texturing, to enhance the aesthetic appeal of your commercial concrete.
By utilizing these techniques and other advanced concrete repair and restoration methods, expert repair services can provide lasting and effective solutions for commercial concrete.
Perks of Commercial Concrete Repair Services
Expert commercial concrete repair services will transform the health and aesthetic of the structures. Some of the perks they offer are:
Aesthetically pleasing surfaces and Professional Results
Expert concrete repair services use the latest tools and techniques to repair concrete damage. They ensure that the surfaces look aesthetically pleasing.
By repairing cracks, chips, holes, and other types of concrete damage, you’ll reduce the risk of trip hazards and other safety concerns on your commercial property.
Peace of mind
When you choose expert concrete repair services, you’ll have peace of mind knowing that your commercial property is in good hands. You can trust that your concrete surfaces will be repaired efficiently.
Concrete damage can range from cosmetic to structural. It is essential to address it as soon as it occurs to prevent further damage and ensure the safety of your property. With the help of a commercial concrete repair service in Brooklyn, NY, you can restore your concrete surfaces to their former glory and extend their lifespan. So if you’re facing concrete damage, don’t wait. Contact a concrete repair specialist today!
5 Painful Mistakes Data Engineers Make and How to Avoid Them
It is always called that data science is the sexiest job in the 21st century. But now, data engineering careers are poised to give data scientist’s tough competition. Data engineering jobs are gaining more attention than data science jobs. When you decide that data engineering is your field, you need to understand that becoming a data engineer is a career, not a destination. Usually, people talk about the positive aspect, but nobody talks about the mistakes and how to avoid them.
So, it’s not easy, and data engineering professionals keep complaining that there is a massive gap between self–educated data engineer skills and real–world working in that field. Here are five common mistakes and traps that even the most skilled data engineers can fall into and what you can do to avoid pitfalls.
Common Mistakes that Data Engineers Make
The following are the common mistakes usually made by data engineers in their careers.
1. Not Considering Needs of End Users
One of the most common mistakes that data engineers usually make is paying attention to the needs of the end users. Many articles published on the internet discuss this topic, but engineers still avoid it. The data engineering decision is driven by the organization’s goal and customer needs.
So, it is best to ask questions:
· What tools and programs can you access?
· Are your data structures easy to access?
· What are the general skillsets?
· Is the end user known about SQL?
Even the most technologically advanced system is good as its end-user usefulness, so their requirement should be prioritized in the development process.
2. Builds Complex Logic in All
Data becomes complex, and delivery timelines shrink, so it is the nature of data engineers to build complex systems. Complex systems have thousands of lines of code, and only some are structured, making them difficult to maintain. Often, it becomes impossible to debug when an issue occurs and is only solved by the original developer. Thus, it is the responsibility of data engineers to build a simple system that is easy to understand for a newbie.
It is crucial to maintain an excellent modular structure for work, build functions that are easy to understand, and use appropriate naming conventions. Also, remember that you don’t have to plan everything when designing scalable architectures. What may seem obvious now might change later. You should have the plan to scale your software and how you will respond to evolving needs without causing any inconveniences for current users.
3. Not Asking Questions
The most significant mistake data engineers make in their starting careers is not asking questions. The data is carved in stone, but without clarity of how it should be put together and its purpose, new data engineers often lose sight of what they are trying to accomplish. Discovering the desired business benefit of each project makes prioritization on how to scrape and manage data smoothly.
So, raising the question in any project is essential, and they are more crucial than ever in the world of data. Asking questions will enable you to avoid costly mistakes, miscommunications, and misunderstandings among team members. At every step of the project, you need to ask questions because it ensures what is building and what is required.
A few of the popular questions are:
· What data needs to be collected?
· What problems are we trying to solve?
· What is the deadline for completing the task?
· What do we need to solve the problem?
· What is the time limit to complete the project?
4. Not Making their Fundamentals Strong
Most data engineers make a significant mistake by not making their fundamentals strong. It is expected from data engineers to have strong command in coding/scripting and SQL. However, if a data engineer does not work on a simple project and directly jumps to write a complex data pipeline, it creates a mess in coding.
So, data engineers should be conversant enough in databases and relational database management systems. It will create problems even in the simple data model if you don’t understand the difference between the primary and surrogate keys, it will create problems even in the simple data model.
5. Not Checking Data Accuracy
Many types of data are used in the systems you designed. These data may come from many sources. Data engineers must be aware of the importance of accuracy as there are
more information sources daily. Let’s assume you are the data engineer responsible for your company’s sales and marketing systems. You might be responsible for building data pipelines or dealing with different types of information.
· Social media data.
· Search engine data.
· Data warehouses and ERPs can provide order information data.
· Salespeople and employee information from the HRMS systems.
· Information and financial forecasts.
The social media data and search engine data are intuitively interpreted. However, it requires a lot more cleaning. You might think upstream systems such as ERPs or data warehouses would have clean data. Despite your best efforts to ensure accuracy, errors and issues can always occur in intermediate transformations before you receive the data. This could have an enormous impact on the system you create.
Data engineers should remember the golden rule. Only assume that the data is correct if you’ve done your checks. To ensure accuracy, you should include standard checks in your development process. SQL allows you to create queries that highlight discrepancies at your end. This can make the difference between success and failure in a project.
Data engineering is a great way to build a career in the data world. The demand for data is increasing, and the development of big data technologies to aid in response to the demand. Job opportunities are growing, and many people are attracted to them, ultimately increasing the competition. So, obtaining data engineering certification and differentiating you from others is essential.
I’m a professional Web and graphic designer with 5 years of experience in developing web design skills.
10 Steps to Finding the Perfect Vehicle Repairs
Finding the perfect vehicle repairs can be a daunting task, especially if you are unfamiliar with the process. There are many different repair services available, which can make it difficult to know where to start. This article will provide an overview of 12 steps that you should take in order to find the best vehicle repairs for your car or truck.
Step 1: Research Repair Services
The first step when looking for Vehicle Repairs Northampton is to identify potential repair shops and research their services. You’ll want to consider how long they have been in business, what kind of services they offer, and any customer reviews you can find online. It’s also important to determine whether or not they specialize in certain makes and models of cars so that you know they have experience working on your type of vehicle.
Step 2: Ask Questions
Once you’ve identified a few potential repair shops, it’s important to ask questions about the services they offer and their policies. Find out whether or not all parts come with a warranty, what kind of payment methods they accept, and if they offer any discounts for certain repairs. It’s a good idea to ask how long the service will take to finish so that you can make appropriate plans.
Step 3: Get Quotes
The next step is to get quotes from each of your chosen repair shops so that you can compare prices and services. Along with the cost, you should think about how long it will take to perform the repairs, which components and materials are a part of the estimate, and any other costs that might apply.
Step 4: Read Reviews
Before committing to a repair shop, you should read as many customer reviews as possible. This will give you an idea of how trustworthy and reliable their services are, as well as whether or not they offer quality workmanship.
Step 5: Check Their Reputation
Another important step is to check out each repair shop’s reputation before making your final decision. Look for signs of professionalism such as industry certifications or awards they have received from auto associations or organizations. You should also ask them if they belong to any professional networks or associations that would provide them with additional training or resources.
Step 6: Ask for Referrals
Don’t be afraid to ask around for referrals from family and friends who have used a particular repair shop in the past. This is a great way to get an honest opinion about a shop’s services, as well as find out if they offer any discounts or other perks that could save you some money.
Step 7: Inspect the Shop
Before agreeing to use a repair shop, it’s important to inspect their location to make sure that everything is up to safety standards. Check out their equipment and tools to ensure that they are properly maintained, and look for signs of cleanliness and organization throughout the facility.
Step 8: Make Sure They Have Insurance
Another important step is to make sure that the repair shop you choose has adequate insurance coverage. This will help protect both you and the shop in case of any accidents or damages that occur during repairs.
Step 9: Look for Warranty Options
When it comes to Vehicle Repairs Northampton it’s always good to look for warranty options as well. Many shops offer warranties on certain parts and services, so be sure to inquire about these when getting quotes from each shop.
Before making a choice, be certain you are well aware of what the warranty covers and does not. Additionally, look into whether or not there are any extra fees associated with a warranty option. This can help you make an informed decision on which repair shop to go with. A sense of security comes from knowing that you are properly secured in case of problems in the future.
Step 10: Inquire About Payment Terms
Before committing to a repair shop, it’s important to ask about their payment terms. Find out what kind of payment methods they accept, if there are any additional fees associated with the service, and what kind of payment plans they offer.
By following these steps, you can make sure that you find a reliable repair shop that will provide quality services at a reasonable price.
Finding the right repair shop for your vehicle can be a daunting task, but it is well worth the effort. By researching potential shops and asking questions about their services and policies, you can make sure that you get the best possible service for your vehicle at an affordable price. Don’t forget to check customer reviews and inquire about warranties, payment terms, and insurance coverage before making your final decision.
With a bit of research and preparation, you can easily find a trustworthy repair shop that will provide reliable services and MOT Northampton at an affordable cost.
Cunningham’s Autocare and Recovery, one of the largest retailers of tyres Redditch. We are widely recognised in and around Worcestershire.
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