Sales & Marketing news

• An alarming job market trend helps explain why most Americans have yet to see a big spike in pay

  03-03-2018 19:34 via feedproxy.google.com
  Federal Reserve Chairman Jerome Powell told Congress this week he expects a strong labor market to finally boost US wages on a sustained basis.
  Low job quality and uncertain work arrangements are two reasons Powell's optimism could be premature.
  "One in four jobs in the US is in a low-wage occupation, which means that at the median salary, these jobs pay below the poverty threshold for a family of four," according to the Fed's Community Advisory Council.
  A closer look at employment and wage data
  
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• GOLDMAN SACHS: These 16 stocks are poised to maximize tax savings and crush the market in 2018

  03-03-2018 19:14 via feedproxy.google.com
  Wide-reaching corporate tax cuts have stock investors wondering which companies will benefit most.
  Goldman Sachs has singled out 16 companies as offering the most reinvestment growth, a characteristic of companies that have historically outperformed the market.
  How does an investor decide which companies are poised to benefit most from sweeping tax cuts that affect nearly everyone? Listen to Goldman Sachs, of course.
  The firm has developed an index of stocks called the High Growth Investment Rat
  
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• The new housing crisis is so bad that buyers are increasingly rushing to bid on places they've never seen

  03-03-2018 18:35 via feedproxy.google.com
  About one-third of people who bought homes last year said they had made offers on houses they hadn't yet seen, a recent survey by Redfin found.
  The finding is a sign of how heated the race to make the fastest and most attractive offer has become.
  There's a housing-supply crisis in many metro areas where builders are unable to keep up with the pace of demand.
  The tight US housing market is prompting numerous homebuyers to bid before they're able to see the properties in person, a survey conducted
  
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• Goldman Sachs just shattered a myth about how higher rates affect stocks

  03-03-2018 18:13 via feedproxy.google.com
  A widely accepted tenet of stock investing is that "yield proxy" stocks falter in an environment where interest rates are rising.
  But Goldman Sachs argues there's a segment of the high-yielding-stock universe that should stay resilient in the face of rate hikes.
  It's conventional wisdom that when interest rates rise, investors should steer clear of stocks with high dividend yields.
  The logic is simple: Rising rates make the yields offered by equities less attractive by comparison, and since thos
  
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• Warren Buffett offers his 'strongest argument' against a practice investors are doing in record numbers

  03-03-2018 17:29 via feedproxy.google.com
  Berkshire Hathaway CEO Warren Buffett has argued against borrowing money to invest in stocks.
  So-called margin debt rose to a record in January.Margin calls, in which brokers demand a cash replenishment of their clients' accounts, were among the reasons strategists cited for the pace of the recent stock sell-off.Warren Buffett doesn't recommend going into debt to buy stocks.
  But that's exactly what investors are doing in record numbers.
  Margin-debt balances — loans individual investors tak
  
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• The industry keeping Venezuela afloat is under increasing pressure from inside and outside the country

  03-03-2018 17:25 via feedproxy.google.com
  The industry keeping Venezuela afloat is under pressure from both inside and outside the countrySEE ALSO: 'I don't have a happy ending': Venezuela's misery is deepening — and spilling over its borders
  Join the conversation about this story »NOW WATCH: Venezuela was Latin America’s richest country and now it is in complete crisis — here’s how it fell apart
  
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• CITI: These 14 companies are ripe to be broken up — and history shows a 'highly effective strategy' for investors

  03-03-2018 17:19 via feedproxy.google.com
  Sometimes it makes more sense for a big company to break itself up. 
  It's especially true when one segment of the business is underperforming. And when managements reach this decision — or are forced by activist shareholders — they provide an opening for investors to increase the valuation of the spun-off entities. 
  "Spin-offs are good news for shareholders," Robert Buckland, an equity strategist at Citi, said in a note on Wednesday.
  "Buying shares in companies that spin-o
  
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• One of the market's most outspoken bears is getting destroyed as he waits for a crash

  03-03-2018 17:16 via feedproxy.google.com
  John Hussman has repeatedly warned that the US stock market is due to plunge more than 60%, citing historically high valuations he sees as unsustainable.
  As Hussman has waited for that market reckoning to transpire, his funds have taken a beating relative to benchmarks.
  Being a market contrarian can be a lonely existence. It can also be a costly one.
  At least that's what the stock permabear John Hussman has found over the past year and counting.
  The former economics professor and current preside
  
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• The Chase Sapphire Reserve passed a crucial hurdle — and it could become JPMorgan's blockbuster gateway drug (JPM)

  03-03-2018 17:10 via feedproxy.google.com
  JPMorgan's Chase Sapphire Reserve credit card became a phenomenon among customers for its extravagant travel rewards.
  But many wondered how and when the bank would turn a profit from it, with some analysts worrying customers would defect before paying the $450 annual fee. 
  At its investor day Tuesday, JPMorgan revealed that 90% of customers renewed, clearing a crucial hurdle.
  Perhaps more importantly, the card is showing early signs as an effective gateway drug to other JPMorgan services.&n
  
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• TOM LEE: Markets are overreacting to the threat of a trade war

  03-03-2018 17:05 via feedproxy.google.com
  Stocks sank Friday after President Donald Trump announced tariffs on aluminum and steel are coming. 
  "We think equity markets might have 'over-reacted' to recent developments," said Tom Lee, the co-founder of Fundstrat. 
  He notes the dollar and gauges of stock-market volatility, although weaker, are still relatively stable.
  Stocks erased their gains for the year after President Donald Trump unexpectedly announced tariffs on steel and aluminum imports. 
  There's widespread concern a
  
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• Warren Buffett reads this simple poem for comfort when the market crashes — and it reveals a lot about his strategy

  03-03-2018 16:40 via feedproxy.google.com
  Warren Buffett's Berkshire Hathaway has had some steep share-price drops over the years. 
  In his annual letter to shareholders, Buffett said the inability to time such declines is the strongest argument against using borrowed money to buy stocks. 
  Warren Buffett used lines from Rudyard Kipling's "If" to illustrate what debt-free investors should keep in mind during market downturns. Warren Buffett's huge success as an investor has not come without its low moments. 
  In his 201
  
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• JPMorgan wants to become the Amazon of Wall Street (AMZN, JPM)

  03-03-2018 16:38 via feedproxy.google.com
  If Goldman Sachs wants to be the Google of Wall Street, it seems that JPMorgan wants to be Amazon. 
  At an investor day presentation, CFO Marianne Lake set out the bank's "Digital Everywhere" strategy, while CEO Jamie Dimon mentioned Amazon Prime as a model for JPMorgan's banking efforts.
  "We are already deeply embedded in our customers lives at a scale and a frequency that we believe is unmatched," Lake said. 
  JPMorgan's ability to implement this digital strategy across multiple busine
  
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• How much it costs to buy a home right now in 21 of the most expensive towns in the Hamptons

  03-03-2018 16:33 via feedproxy.google.com
  The Hamptons is one of the most elite vacation destinations in America.
  Many rich celebrities, hedge fund managers, CEOs, socialites, and politicians own multi-million dollar summer homes in the Hamptons.
  The high volume of mansions in the Hamptons — and its waterfront locale — makes it one of the most expensive real estate markets in the US.
  The Hamptons is the preeminent summer vacation destination in the tri-state area.
  The Hamptons encompasses more than two dozen villages and ham
  
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• The FCC's net-neutrality protections are about to disappear — but supporters are moving on multiple fronts to put them back in place (T, CMCSA)

  03-03-2018 15:30 via feedproxy.google.com
  The Federal Communications Commission's new rules that do away with its net-neutrality protections officially take effect in April.
  Net neutrality supporters are pushing on multiple fronts to block the FCC's action or reinstate the protections it previously guaranteed.It's unlikely they'll stop the FCC's new anti-net neutrality rules from taking effect next month, but longer term, they have a shot at bringing back protections the rules offered.The Federal Communications Commission's new rules el
  
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• The global head of investor relations at $28 billion investor Angelo Gordon has left over misconduct - CLONE

  03-03-2018 15:20 via feedproxy.google.com
  Gareth Henry, global head of investor relations at hedge fund manager Angelo, Gordon, has left the firm, people familiar with the matter said.
  Henry left earlier this month after two years with the New York-based alternative investment firm.
  The global head of investor relations at Angelo, Gordon has left the $28 billion investment firm.
  Gareth Henry left earlier this month after two years at the company, people familiar with the matter told Business Insider. Bloomberg reported that Henry left a
  
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