Sales & Marketing news

• JPMorgan says the only real use for cryptocurrencies will be in a post-capitalist dystopia

  27-01-2019 10:46 via feedproxy.google.com
  Cryptocurrencies have grown into a huge industry despite the asset class dropping massively last year. 
  JPMorgan notes that cryptocurrencies would only serve as a hedge in a "dystopia" despite low correlation with other assets. 
  "Low correlations have little value if the hedge asset itself is in a bear market," the bank said. Cryptocurrencies went into 2018 looking like an asset on the up, but ended the year by falling spectacularly, driving devotees apoplectic. 
  Bitcoin, the
  
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• Unemployment is low only because 'involuntary' part-time work is high

  27-01-2019 10:22 via feedproxy.google.com
  Unemployment is at record lows in both the UK and the US.
  But "involuntary" part-time work is at least 40% higher in both countries than it was 10 years ago.
  The structure of the labour market has fundamentally changed, and what we used to think of as "unemployment" has been replaced by mass part-time work, much of it unwanted.
  "Gig economy" jobs are to blame, according to Rob Valletta of the San Francisco Fed.Britain just notched up yet another record-breaking low for unemployment, according to
  
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