Sales & Marketing news

• It's foolish for investors to try to time the next recession — here's a surefire 3-part strategy UBS says can thrive in any environment

  22-12-2018 15:40 via feedproxy.google.com
  2018 is shaping up to be one of the roughest years in recent memory for investors, and 2019 could be similarly unpredictable, UBS says.
  Michael Crook, the head of Americas investment strategy at UBS, outlines a three-part strategy built to thrive in any market environment, recession or not.When investors look back on 2018, they'll most likely think of it as the year when there was nowhere to hide.
  US equities are headed for their worst year in a decade, while international stocks and bonds are a
  
  Read more

• A stock picker in Wall Street's top 1% this year unveils the 4 investment themes he thinks will crush the market in 2019

  22-12-2018 15:39 via feedproxy.google.com
  Kyle Weaver, who oversees $5 billion as lead manager of the Fidelity Advisor Growth Opportunities Fund, shares the four main themes he thinks will outperform the broader market in 2019.
  Weaver's fund returned 20.35% for the 12 months that ended in November, putting it in the 99th percentile relative to competitors.When it comes to picking stocks to put in his portfolio, Kyle Weaver isn't particularly interested in companies that can be easily influenced by external factors like trade or oil pric
  
  Read more

• Tesla has achieved something that nobody in the auto industry thought was possible (TSLA)

  22-12-2018 14:57 via feedproxy.google.com
  Tesla has developed a mini-monopoly in the auto industry.
  Tesla is the first new auto brand to appear in decades, and as it has survived it's come to dominate the market for luxury all-electric cars.
  The US auto market is incredibly competitive, so Tesla's achievement is admirable, though it may be temporary.
  Back in the 1950s, General Motors was at its peak. It defined the postwar American corporation, was widely viewed as a shining example of how a large company should be managed, and controll
  
  Read more

• Machines driving a 'fire sale' is a top market risk in 2019, Deutsche Bank says

  22-12-2018 14:55 via feedproxy.google.com
  Deutsche Bank listed an algorithm-driven, "fire sale in equities and credit" as one of its top risks to markets in 2019.
  "Monetary and fiscal policy are out of ammunition and the world experiences a Minsky moment," is also on the list published by the firm's chief international economist, Torsten Sløk.
  Other risks included slowing economic growth in China and Europe hitting the US economy, a yield curve inversion slamming equity and credit market confidence, and central banks around the w
  
  Read more

• Advertisement

• Saudi Arabia has reportedly been propping up its stock market when things go bad

  22-12-2018 14:48 via feedproxy.google.com
  The Saudi government has been propping up the stock market when negative news sends the market lower, the Wall Street Journal reported.
  The murder of journalist Jamal Khashoggi was one such example of final-hour buying by funds linked to the government.The October murder of columnist Jamal Khashoggi spooked investors into dumping Saudi stocks. The Saudi government then swooped in to buy them back, shoring up the market.
  It's a familiar pattern when things go south in the country's equity market,
  
  Read more

• 'Food is the next major market that needs disrupting': Venture capital is piling into 'ag tech' in the race for the future of food

  22-12-2018 11:00 via feedproxy.google.com
  Specialised venture capital firms are focussing on the future of food, farming and agricultural technology, dubbed 'ag tech'. 
  Some $700 million was invested into the nascent "ag tech" industry in 2017, with a larger proportion of funding coming from venture capital.
  Investors within the space may be able to expect decent — one investor says even double-digit — returns.The next market ripe for disruption: food. 
  Some $700 million was invested into the nascent "ag tech" indu
  
  Read more

• A star economist says these 30 risks will define markets in 2019

  22-12-2018 09:00 via feedproxy.google.com
  Deutsche Bank has produced a 30-item list of the risks it thinks will be the most important drivers of financial markets next year.
  Produced by Torsten Slok, Deutsche Bank's chief international economist, the list spans everything from a market "fire sale" driven by trading algorithms to Britain leaving the EU without a Brexit deal.After a turbulent 2018, which has seen stocks swing violently, it is time to look ahead to what might be in store as we head into the new year.
  With 2019 less than tw
  
  Read more

• Trump’s anger over rate hikes is growing as he hints at firing Fed chairman Jerome Powell

  22-12-2018 07:28 via feedproxy.google.com
  President Donald Trump reportedly mentioned wanting to fire Federal Reserve Chairman Jerome Powell, who despite Trump's protests, raised interest rates for the fourth time this year, according to a Bloomberg report.
  Advisers have reportedly warned Trump of the consequences of firing Powell, which may come at the cost of his political capital.
  Trump previously claimed the rate hikes would slow the economy, and he described them as a "mistake" and his "biggest threat."President Donald Trump report
  
  Read more

• Advertisement

• Slack apologizes after users who travelled to Iran had their accounts shut down

  22-12-2018 03:05 via feedproxy.google.com
  On Wednesday, many users who had traveled to Iran found that their Slack accounts shut down because of U.S. sanctions, even though they did not live in Iran, nor did they have professional links to Iran.
  On Friday, Slack sent out an apology to its users and clarified that it did not have information about users' ethnicities, but used location information.
  Slack is working on restoring mistakenly blocked accounts and will soon start blocking accounts with IP addresses in an embargoed country.$7 b
  
  Read more

• MoviePass's parent company is in dire danger of having its stock delisted by the Nasdaq (HMNY)

  22-12-2018 00:42 via feedproxy.google.com
  The Nasdaq warned MoviePass's parent company that it would move to delist its stock as soon as December 28.
  Shares of Helios and Matheson have traded below $1 a share for nearly the entire time since May, violating Nasdaq's listing standards.
  The company had until Tuesday to boost its stock price above that threshold, but failed, and the Nasdaq doesn't think it will be able to ever do it.
  Helios and Matheson plans to appeal the decision, which would delay and possibly avert the delisting.The par
  
  Read more

• Uber employees working on self-driving cars feel their cars are safer but their careers are stuck, according to leaked employee survey

  22-12-2018 00:21 via feedproxy.google.com
  Every six months, Uber conducts an employee survey.
  Business Insider has seen the results of the latest survey for the 1,100-employee self-driving car unit released to employees earlier this week.
  Most employees praised the unit's renewed focus on safety as the company puts its cars back on the public road for testing this week in Pittsburgh, after a fatal accident in 2018 benched the cars for most of the year.
  But they also complained of being stressed and feeling like they had no future there.
  
  Read more

• Netflix is on track for its lowest close since January (NFLX)

  22-12-2018 00:21 via feedproxy.google.com
  Netflix shares were hit hard for a third straight session Friday and were on track for their lowest close since January.
  The selling has come amid broader stock-market weakness, with the tech-heavy Nasdaq Composite index losing 6.4% since Wednesday, when the social-media network Facebook was sued by Washington, DC.
  Netflix has tanked 33% since its October peak despite the company posting strong third-quarter earnings and subscriber growth on October 16.
  Watch Netflix trade live.
  Netflix tumbled
  
  Read more

Follow @sales_mrktinguk on Twitter!