Author: GLORY

March 04, 2020

Federal Reserve Emergency Rate Cut

In an attempt to insulate the US economy from the novel coronavirus pandemic, the Federal Reserve announced an emergency rate cut on Tuesday. Through the rate cut, the Feds slashed market interest rat...

March 01, 2020

The Recent Stock Market Plunge

Friday Market Summary:DJIA -1.39% fell by 357.28 points, approximately 1.4% to settle at 25,409.36S&P 500 -0.82% fell by 24.54 points, approximately 0.8% to end at 2,954.22COMP +0.01% gained less ...

February 25, 2020

Batch Processing

DefinitionBatch processing is an accounting process of gathering and documenting all organizational documents like financial records (depositing checks, mailing bills), bank statements, payrolls, and ...

February 25, 2020

BAT Stocks

DefinitionBAT is a term used to refer to the stocks of three major companies in the Asian region, namely; Baidu Inc. (BIDU), Alibaba Group Holding Ltd. (BABA), and Tencent Holdings Ltd. (0700. Hong Ko...

February 25, 2020

Basket Trade

DefinitionBasket trade is a term common in securities trading as it involves the simultaneous trading of a group of securities known to be in a “basket.” It is basically used to buy stocks. This t...

February 25, 2020

Basket of Goods

As a baseline is used to compare prices or track the performance of an entity, so also is the basket of goods strategy used to compare prices of given commodities. Considering that there is no general...