Sales & Marketing news

• Goldman Sachs and Morgan Stanley are split on the future of trading

  24-04-2016 22:30 via feedproxy.google.com
  
  Morgan Stanley and Goldman Sachs announced first quarter earnings earlier this week, and both banks whiffed.
  Trading revenues tanked, and profits fell by more than 50%.
  It is not surprising then that the earnings calls were dominated by questions about falling profitability, and in particular prospects for the fixed income, currencies and commodities business.
  But buried in the conversations were questions about how trading would be done in the future.
  Guy Moszkowski, head of research of Au
  
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• Here's your full preview of a jam-packed week for the US economy (SPY, SPX, DJI, IXIC, USD, DXY, TLT, TLO)

  24-04-2016 22:00 via feedproxy.google.com
  
  The S&P 500 closed unchanged (at 0%) on Friday — emblematic of the tight range the stock market is stuck in.
  Stocks last broke new highs in July 2015. They pushed closer early last week, as it seemed there was much less in the global economy to worry about compared to a few months ago.
  Last Monday, the Dow crossed 18,000 for the first time since July 2015, while the S&P 500 crossed 2,100 for the first time this year on Tuesday. But as the week went on, stocks pu
  
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• We're headed for the 1999 crash all over again

  24-04-2016 20:34 via feedproxy.google.com
  
  The stock market may be in danger of repeating some very bad history.
  The current market environment is looking a whole lot like the 1998-1999 stock market bubble, and the crash of 2000 may not be far behind, said Michael Hartnett of Bank of America Merrill Lynch.
  "It could simply be 1998/99 all over again. After all, a 'speculative blow-off' in asset prices is one logical conclusion to a world dominated by central bank liquidity, technological disruption & wealth inequality," he wrote in a
  
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• Oh, you thought the drama was over now that Wall Street's nightmare stock filed for bankruptcy?

  24-04-2016 19:33 via feedproxy.google.com
  
  SunEdison, the largest renewable-energy firm in the world and the bane of Wall Street's existence since July, filed for bankruptcy on Thursday.
  So story over, right? One for the books. A massive company with $11 billion in debt and an SEC investigation hanging over its head bites the dust.
  Not exactly. SunEdison has creditors, and those creditors are going to want things. They also may want things that SunEdison doesn't want to give them.
  That is the beginning of another story. Instead
  
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• A $30 billion hedge fund had staff program a robot to play air hockey to help make them better at making money

  24-04-2016 19:31 via feedproxy.google.com
  
  Two Sigma, the $30 billion hedge fund that uses advanced technologies to find investment opportunities, just hosted its annual artificial intelligence competition.
  The fund asks its staff to program AI systems and then have them compete with each other for the TS Cup.This year the game was air hockey. That's right. A hedge fund gave staff time off to build an AI system to play air hockey. 
  The competition has a serious side, of course. In hosting the competition, Two Sig
  
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• Here's what will change when the nation's largest insurer leaves Obamacare

  24-04-2016 18:36 via feedproxy.google.com
  
  President Obama's landmark Affordable Care Act was seemingly dealt a huge blow Tuesday when the nation's largest insurer by number of people covered, United Healthcare,announced it was leaving the state exchanges in all but a "handful" of states.
  These exchanges are the cornerstone of Obamacare, which provides a marketplace for Americans who don't have work insurance offering coverage to them and their families.
  While it would appear that United Health's exit would radically change the game
  
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• Here's the most disproportionately high-paying job in every state

  24-04-2016 18:27 via feedproxy.google.com
  
  The average judicial law clerk in New York State makes twice as much per year as the average clerk in the US as a whole.
  The Bureau of Labor Statistics' Occupational Employment Statistics program provides detailed information on employment and wages for hundreds of detailed occupational categories at the national, state, and metropolitan levels. Using this data, we found the most disproportionately well-paying job in each state — the occupation in each state with the biggest percent differ
  
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• Here's why the number of Japanese babies born impacts the price of your house

  24-04-2016 17:32 via feedproxy.google.com
  
  The ways in which money flows around the world can be strange and fascinating.
  For instance, the lack of new infants being born in Japan, its "baby crisis," may be driving up real-estate prices in the US.
  Now here's how this works: Because of the aging of the Japanese population, the country's insurance companies must invest more of their capital to cover the higher payouts that older people need.Join the conversation about this story »NOW WATCH: These striking images show just how ov
  
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• Everyone on Wall Street has gotten a little too excited about a 'game changer' technology

  24-04-2016 16:32 via feedproxy.google.com
  
  You may have noticed that Wall Street has gotten pretty excited about blockchain. 
  Blockchain is the technology behind bitcoin. Wall Street wants to use blockchain to simplify the way it processes transactions. 
  It promises to improve security, lower costs and increase the speed of transaction settlement. You can read a fuller explanation here. 
  Goldman Sachs says the technology "has the potential to redefine transactions" and can change "everything."
  
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• Brazil's rallying for a different reason than you think

  24-04-2016 14:21 via feedproxy.google.com
  
  Brazil's rallying for a different reason than you thinkJoin the conversation about this story »NOW WATCH: Consumer Reports put Costco and Sam's Club head-to-head — here's the verdict
  
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• There's another signal the US is headed for a recession

  24-04-2016 12:28 via feedproxy.google.com
  
  The fears of a recession have started to fade. Economic readings haven't been stellar lately, but it wouldn't be hard to argue that the US economy is doing pretty well.
  This sense of security, however, may be a bit misplaced, says Jeremy Klein at FBN Securities. According to Klein, one indicator points him to the conclusion thata recession is coming to the US.
  "While I am encouraged by the positive inertia exhibited by stocks, some dark clouds sit on the horizon," Klein wrote in a note Monday.Jo
  
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• GM and Uber could force Tesla to do something it isn't ready for (tsla)

  24-04-2016 01:50 via feedproxy.google.com
  
  Last week while in Norway, Tesla CEO Elon Musk stoked some rumors about a new business the electric-car maker might dive into: urban ride-hailing.
  For what it's worth, Tesla is already in three businesses: automobiles, batteries (it's building a massive battery factory in Nevada), and energy storage, through its Tesla Energy unit. So hey, why not bring on one more?
  The problem is that Musk probably isn't all that thrilled to be pushing Tesla in a ride-hailing direction, for a variety of rea
  
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