As a financial analyst for a large bank, Alex uses big data to analyze market trends and identify investment opportunities. By analyzing economic indicators and consumer behavior, Alex can identify trends that help him make informed investment decisions. How has the use of big data changed the way financial analysts approach investment strategies, and what are the challenges in analyzing large amounts of financial data?

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The use of big data has revolutionized the way financial analysts approach investment strategies by providing access to vast amounts of structured and ... View the full answer