Sales & Marketing news

• GOLDMAN SACHS: Cautious investors are missing out on an asset class that has rarely been better to own

  06-05-2018 23:43 via feedproxy.google.com
  Goldman Sachs' commodity strategists are reiterating their bullish call on commodities.
  "The strategic case for owning commodities has rarely been stronger," Jeffrey Currie, Goldman's head of global commodity research, said in a note on Tuesday.
  Goldman Sachs is doubling down on its bullish bet on commodities.
  The firm's commodity strategists reiterated their call in early February, just before the stock market got rocked by concerns about inflation and higher interest rates.
  But that's exactly
  
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• Elon Musk calls out Tesla skeptics in a tweetstorm 2 days after his confrontational earnings call

  06-05-2018 21:13 via feedproxy.google.com
  Tesla CEO Elon Musk used Twitter on Friday morning to once again confront skeptics of his company.
  The tweetstorm followed a combative earnings call on Wednesday in which Musk ignored questions posed by two analysts.
  It's the latest chapter in Musk's contentious relationship with Tesla bears and short sellers, whom he has excoriated in the past.
  Watch Tesla trade in real time here.
  Two days after a combative earnings call in which he called out skeptics of his company, Elon Musk still isn't done
  
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• A top Wall Street strategist pinpoints the reasons why tech is going to become a stock market underdog

  06-05-2018 18:50 via feedproxy.google.com
  Tobias Levkovich, Citigroup's chief US equity strategist, is among several strategists on Wall Street sounding a cautious tone on technology stocks. 
  Last year, big tech gave the stock market its largest gains. 
  The chorus of strategists calling for caution on tech stocks keeps getting louder. 
  Tobias Levkovich, Citigroup's chief US equity strategist, is among those who say the sector is unlikely to repeat its role in 2017 as the stock market's leader. Strategists at Bank of Ameri
  
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• One group of traders is on pace to shatter performance records — here's what they're buying

  06-05-2018 18:16 via feedproxy.google.com
  Amid the turbulence that's rocked the stock market this year, one group of traders is on pace for its best year on record.
  Bank of America Merrill Lynch shows just how well they're doing so far in 2018, and explains which specific investment decisions have contributed to their success.As equity investors attempt to make sense of all the cross-currents whipsawing markets right now, one group of traders can rest easy.
  That would be active managers — also known as stock pickers — which
  
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• 'Infinity War' easily repeats as weekend box office champ and is the fastest movie ever to hit $1 billion worldwide (DIS)

  06-05-2018 17:22 via feedproxy.google.com
  "Avengers: Infinity War" earns $112.47 million over the weekend to win the box office for a second-straight weekend.
  Over the weekend the movie became the fastest ever to $1 billion worldwide.
  "Avengers: Infinity War" continued its dominance at the box office in its second weekend.
  The latest juggernaut from Disney/Marvel studios took in an estimated $112.47 million over the weekend, according to boxofficepro.com, on over 4,400 screens.
  The movie won the domestic weekend box office for a second-
  
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• The stock market's most important driver has already peaked — but Bank of America offers 5 reasons why you shouldn't panic

  06-05-2018 17:14 via feedproxy.google.com
  A crucial driver of stock market gains has been faltering, but Bank of America Merrill Lynch argues there are still several drivers that should keep investor nerves calm.
  The firm offers five reasons why traders shouldn't yet be fearing an imminent reckoning in the equity market.
  For much of the nine-year equity bull market, earnings growth has been the biggest contributor to gains — a fact that's rung true for much of 2018.
  Except in recent months, it's been upward revisions to profit for
  
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• Apple just fueled everyone's biggest fear about how companies will use their extra tax-reform cash (AAPL)

  06-05-2018 16:12 via feedproxy.google.com
  Apple announced as part of its quarterly earnings report on Tuesday that it would buy back another $100 billion of its stock.
  When Congress passed the GOP tax law last year, there were fears that companies would use the cash saved to enrich shareholders rather than employees — and Apple's announcement would seem to fuel those concerns.
  Apple's chief financial officer, Luca Maestri, defended the buyback on an earnings call Tuesday evening, saying the company's stock is undervalued and argui
  
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• Oil prices have been screaming higher — and that's actually good news for airlines this time around

  06-05-2018 16:00 via feedproxy.google.com
  Oil prices have risen 15% since the beginning of 2018.
  Last time oil spiked dramatically, airline stocks got crushed.
  Morgan Stanley points out three reasons why rising oil prices could actually be good for the airlines this time around.
  Back when oil prices skyrocketed past $140 in 2008, airline stocks got decimated as the unplanned costs ate into their bottom lines.
  The fuel cost burden eventually got so bad that it even forced American Airlines' former parent company, AMR, into bankruptcy. Un
  
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• JPMorgan's quant guru explains how the 'Uberization' of markets poses an enormous risk

  06-05-2018 15:15 via feedproxy.google.com
  JPMorgan's global head of quantitative and derivatives strategy, Marko Kolanovic, has long warned against unstable market liquidity conditions.
  He recently made an extended analogy comparing the current market environment to Uber's pricing model, all while warning of further liquidity issues.
  JPMorgan's quant guru, Marko Kolanovic — a man whose opinion is valued so highly that it can move markets — doesn't think investors have learned their lesson from the meltdown that rocked stocks
  
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• Trump is setting up high stakes trade fights that could end in economic disaster

  06-05-2018 15:03 via feedproxy.google.com
  President Donald Trump is opening up a two-front trade negotiations over newly proposed tariffs that could have major consequences for the US economy.
  Talks with the European Union and China could reshape the global economic landscape.
  The negotiations could also break down, lead to a trade war, and seriously damage the US economy.President Donald Trump's increasingly antagonistic trade policy is setting the US on a collision course with two major economic powers. The fights could have major imp
  
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• This unusual cryptocurrency company made $32,000 in 30 days — now it's moving to Canada to avoid American regulation

  06-05-2018 14:00 via feedproxy.google.com
  The Miami-based CBlocks team made $32,000 in 30 days, selling a mystery box of cryptocurrencies to people who wanted to start trading crypto but didn't know how.
  Demand was high, but the team quickly stopped processing orders to avoid legal issues.
  Its lawyers couldn't decide if it was a money services company or not — a US regulatory distinction which could be costly for the company to get wrong.
  So now CBlocks is moving to Canada, where its Floridian founders believe it can thrive with c
  
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• Some of the biggest names on Wall Street are sounding the alarm on an overlooked threat that could make the next recession way worse

  06-05-2018 12:05 via feedproxy.google.com
  A growing number of Wall Street experts are calling foul on an economic threat that could make the next recession worse.
  Much of the problem stems from fallout relating to the GOP tax law, which has been great for companies in markets in the short term, but may be creating some daunting long-term consequences.
  There's an overlooked scourge sliding under the radar of many investors.
  We're referring to America's $1 trillion budget deficit, which has been largely overshadowed by more pressing issue
  
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