👉 A scope is a block of code where an object in Python remains relevant.Each and every object of python functions within its respective scope.As Namespaces uniquely identify all the objects inside a program but these namespaces also have a scope defined for them where you could use their objects without any prefix. It defines the accessibility and the lifetime of a variable.
Let’s have a look on scope created as the time of code execution:
👉A local scope refers to the local objects included in the current function.
👉A global scope refers to the objects that are available throughout execution of the code.
👉A module-level scope refers to the global objects that are associated with the current module in the program.
👉An outermost scope refers to all the available built-in names callable in the program.
👉 A scope is a block of code where an object in Python remains relevant.Each and every object of python functions within its respective scope.As Namespaces uniquely identify all the objects inside a program but these namespaces also have a scope defined for them where you could use their objects without any prefix. It defines the accessibility and the lifetime of a variable.
Let’s have a look on scope created as the time of code execution:
👉A local scope refers to the local objects included in the current function.
👉A global scope refers to the objects that are available throughout execution of the code.
👉A module-level scope refers to the global objects that are associated with the current module in the program.
👉An outermost scope refers to all the available built-in names callable in the program.
Spiking bond yields driving sharp losses in tech stocks
A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year.
A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.
If riding a bucking bronco is your idea of fun, you’re going to love what the stock market has in store. Consider this past week’s ride a preview.The week’s action didn’t look like much, if you didn’t know better. The Dow Jones Industrial Average rose 213.12 points or 0.6%, while the S&P 500 advanced 0.5%, and the Nasdaq Composite ended little changed.
