Sales & Marketing news

• The economy of every state, ranked from worst to best

  13-10-2018 20:27 via feedproxy.google.com
  The US economy is the sum of the economies of the 50 states and Washington, DC.
  Using six measures of labor-market and general economic health, we ranked all of those component economies from worst to best.The US is a massive, complex economy, and so too are the component economies of the 50 states and Washington, DC, that make up the whole.
  Business Insider combined six measures of labor-market and general economic health for all the states and the District of Columbia. They are the unemploymen
  
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• Spiking bond yields have become a nightmare for stocks — and Bank of America has found the threshold where traders should dump equities altogether

  13-10-2018 19:00 via feedproxy.google.com
  Spiking bond yields have put major pressure on stocks over the past few days as investors speculate on the negative effect higher interest rates will have on liquidity.
  Bank of America Merrill Lynch has run an analysis and pinpointed the threshold where 10-year Treasury yields should make traders reconsider their allocations to stocks.There's no denying the sudden surge in bond yields has caught stock investors off-guard. One need not look further than the market action of the past week to reali
  
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• An ongoing market trend that typically appears during global recessions could have a 'phenomenally painful' ending, the $603 billion investor Allianz says

  13-10-2018 18:59 via feedproxy.google.com
  The performance gap between US stocks and stocks elsewhere is at its highest level in several years.
  Neil Dwane, a portfolio manager who is the global strategist at Allianz Global Investors, sees a binary outcome: It could be "phenomenally" painful or profitable for investors.
  "At some point you're going to have to sell the winners," he told Business Insider.Looking past the volatility of the past couple of days, the US stock market remains the clear global winner.
  Strong earnings and economic g
  
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• These haunting photos of the retail apocalypse reveal a new normal in America as Sears reportedly prepares for bankruptcy (M, JCP)

  13-10-2018 15:41 via feedproxy.google.com
  Sears has reportedly hired advisors to help it prepare for bankruptcy following a years-long death spiral. 
  More than 3,800 stores are set to close across the United States in 2018. 
  Retailers including Walgreens, Toys R Us, and Gap are closing hundreds of stores each. 
  A retail apocalypse is ripping through the industry, leaving clearance sales and empty malls in its wake.
  The retail apocalypse has descended on America. 
  More than 3,800 stores are expected to close
  
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• The world's biggest stock bear predicts 'immediate and severe consequences' for the record-setting market — and explains why $20 trillion will be wiped from stocks

  13-10-2018 15:41 via feedproxy.google.com
  John Hussman — the outspoken investor and former professor who has been predicting a stock crash — says the Federal Reserve is largely to blame for a toxic situation in markets that's headed for "immediate and severe consequences."
  Hussman predicts that an imminent crash will wipe out $20 trillion of equity market value.
  The situation is particularly dangerous right now because historically stretched valuations are being coupled with weakening market internals, says Hussman.It makes
  
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• Mexico's state-owned oil giant just announced a major discovery that could transform the country's struggling industry

  13-10-2018 15:41 via feedproxy.google.com
  Mexico's state-owned oil producer, Pemex, announced Tuesday that it had discovered roughly 180 million barrels of oil in the Gulf of Mexico.
  The so-called proven, probable, and possible, or 3P, reserves could support Mexico's oil output, which has been in decline since 2004.
  Mexico would need $7 billion to $10 billion in capital, including investments in oil rigs and pipelines, to develop the newly announced discovery and other nearby sources, Reuters said.Mexico's state-owned oil producer, Peme
  
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• Tesla needs over $1 billion in cash over the next 6 months, and Wall Street is going nuts figuring out where it's going to come from (TSLA)

  13-10-2018 15:07 via feedproxy.google.com
  Tesla has around $1 billion in debt coming due over the next six months, and right now it doesn't have the cash to cover it and keep its business running. 
  Analysts say Tesla should raise the cash by returning to public markets, but CEO Elon Musk has repeatedly said that is not an option. 
  So where's it going to come from? Optimists say Tesla could survive another close call using energy credits and some more financial engineering. Or it could turn a profit in Q4.
  I probably don't need
  
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• Tesla is too big to fail — but not for the reason you might think

  13-10-2018 14:59 via feedproxy.google.com
  Tesla has been blistered by criticism for months, but the company and CEO Elon Musk are still standing.
  Tesla survived the summer and Musk settled with the SEC just in time to witness the UN issue its most dire warnings about global warming to date.
  If we have only until 2040 to drastically reduce the warming trend, we can't afford to lose Tesla and the potentially millions of electric-vehicles it could sell.
  Is Tesla made of Teflon?
  You could be excused for thinking that after the insane summer
  
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• Why the world's largest wealth manager isn't ditching stocks after this week's chaos and what it's telling clients to buy now

  13-10-2018 12:01 via feedproxy.google.com
  UBS Global Wealth Management is not throwing in the towel on US stocks following this week's sell-off. 
  In an interview with Business Insider, Jeremy Zirin, head of Americas investment strategy for the $2 trillion-plus asset manager, laid out why the end of the bull market is not yet in sight.
  He also had some specific recommendations for long- and short-term investors who have been rattled by this week's sell-off. October sure is living up to its reputation as the wildest month of the
  
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• It looks like the UK has bounced back from its economic slump — but it is still headed for its worst year since the financial crisis

  13-10-2018 09:22 via feedproxy.google.com
  UK economy looks to have bounced back strongly from its start of the year slump over the summer.
  The strong data, however, masks the likelihood that the economy will revert back to type for the rest of the year.
  That's according to Ruth Gregory, senior UK economist at Capital Economics.The British economy may finally have gotten itself out of the deep rut it entered at the end of 2017, but it still looks to be headed for its worst year since the financial crisis in terms of pure economic growth.
  
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• Hackers stole millions of Facebook users’ personal data — here’s why you should be worried (FB)

  13-10-2018 05:38 via feedproxy.google.com
  Some 30 million Facebook users were victims of the hacking attack it revealed recently.
  That attack exposed the personal information of many users, including their names, phone numbers, birth dates, and more.
  That kind of information could be used for identity theft and to compromise users' financial and other accounts, security and privacy experts say.
  The exposure of that data can also pose particular and obvious dangers to people who are trying to keep a low profile, such as victims of domest
  
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• Ford's sales in China collapsed 43% in September amid Trump's trade war and an economic slowdown (F)

  13-10-2018 01:13 via feedproxy.google.com
  Ford sales in China tanked 43% in September year-over-year.
  The drop is attributed to a confluence of factors, from Ford's makeover of the company to the Chinese economic slowdown.
  The growing trade war between the US and China also most likely played a role.
  Ford has been dealing with a series of maladies from President Donald Trump's various tariffs.Ford's sales in China nosedived in September as a slew of factors, including President Donald Trump's trade war and a slowdown in the Chinese econ
  
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