Sales & Marketing news

• SOCIETE GENERALE: Stocks are riding a fleeting rally before fundamentals collapse and 'the real bear market begins'

  12-04-2020 16:38 via feedproxy.google.com
  Major US indexes recently rebounded into bull-market territory. But precedent suggests stocks will fall further as the US slides into a lengthy recession, Societe Generale said in a Thursday note.
  The stock market is in the middle of a brief bear-market bounce mirroring gains made in October 2008 before the financial crisis pulled equities down another 25%, the strategist and longtime bear Albert Edwards said.
  Downward pressure from low inflation and a near-term recession stand to make the virus
  
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• Leaked letter: The 'Black Swan' fund that raked in a 4,000% return last quarter says a bigger crash is coming

  12-04-2020 16:37 via feedproxy.google.com
  The "Black Swan" hedge fund that raked in a 4,144% return last quarter warned its clients this week of a bigger crash to come.
  "The world remains very much trapped in the mother of all global financial bubbles," Mark Spitznagel, the chief of Universa Investments, said in a letter to investors obtained by Business Insider.
  "If the pandemic doesn't pop this bubble then, of course, it will be something else that eventually accomplishes this," he added. "This is far from over."
  Spitznagel said he di
  
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• 'Keep some powder dry': A Wall Street chief strategist explains why stocks could repeat an ugly crash that's only occurred once since World War II

  12-04-2020 16:32 via feedproxy.google.com
  
  Stocks have regained more than half of their coronavirus-related losses, fueled by their best weekly performance since 1974.
  Only one post-WWII bear market, in 2001, featured a 20%-plus rally that did not effectively end the Dow's slump, notes Jim Paulsen, the chief investment strategist of The Leuthold Group. 
  He expects the 2020 bear market to be the second instance and is not fully reinvesting in stocks just yet.
  Click here for more BI Prime stories. The S&P 500 posted its best
  
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• Goldman Sachs says buy these 12 stocks set to deliver market-beating sales growth as coronavirus crushes businesses

  12-04-2020 16:32 via feedproxy.google.com
  
  As the US economy hurtles into a severe recession, Goldman Sachs is telling investors how they can target the companies with the best sales growth this year.
  The firm expects the looming recession to wipe out corporate earnings, which have historically been the primary source of stock market returns. That means it's especially important to identify companies capable of continued revenue and profit growth.
  While shutdown measures are halting a lot of spending and business activity, chief US equit
  
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• 'Look at the deal that Warren Buffett did': Mark Cuban said US officials should channel the investor in Boeing bailout talks

  12-04-2020 16:29 via feedproxy.google.com
  Billionaire Mark Cuban called on US officials to channel one of America's best-known dealmakers ahead of potential bailout talks with Boeing this weekend.
  "We'll use what Warren Buffett did with Bank of America, when he gave them $5 billion and asked for warrants, and he made $12 billion off the warrants," the "Shark Tank" star  told CNBC on Thursday.
  "If I'm negotiating for the taxpayer," Cuban added, "I'm asking for everything plus the kitchen sink."
  "We can't let anything happen to Boein
  
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• McKinsey economists lay out 9 potential coronavirus recession scenarios — ranging from a summer recovery to a 'black swan of black swans'

  12-04-2020 16:28 via feedproxy.google.com
  
  Uncertainty surrounding the coronavirus and its future course drove McKinsey partners to model nine economic outcomes for recovery.
  The firm currently expects one of its four more optimistic scenarios to play out, with social distancing measures driving rapid containment of the outbreak and bringing national economies back online before the end of 2020.
  A darker possibility — referred to by the firm as the "black swan of black swans" — would push total recovery past 2021 as new outbr
  
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• The coronavirus pandemic has exposed how profit-driven decisions undercut the US's ability to fight an outbreak

  12-04-2020 16:15 via feedproxy.google.com
  
  The coronavirus pandemic has placed the American healthcare system under a historic amount of strain.
  Some experts say the profit-driven nature of the system hampered the US's readiness for fighting the pandemic.
  "Getting the for-profit element out would allow us to better prepare for pandemics like this. Like having adequate back-up facilities and inventory," Dr. Gerald Friedman of the University of Massachusetts Amherst told Business Insider.
  Visit Business Insider's homepage for more stories.
  
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• CREDIT SUISSE: Buy these 11 stocks ideally positioned to take advantage of a rebound after the coronavirus market meltdown

  12-04-2020 00:55 via feedproxy.google.com
  
  Analysts at Credit Suisse have their eye on discounted, cash-heavy, and well-positioned financial stocks that look poised to recover nicely from the coronavirus-induced rout.
  Their predictions are best-suited for longer-term investors, as the macroeconomic environment and ability to control the coronavirus remains largely uncertain in the short term.
  The team provided 11 high-quality stock picks that should prosper once the overarching environment becomes less ambiguous.
  Click here for more BI P
  
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