Sales & Marketing news

• Kamala Harris supports $2,000 monthly stimulus checks to help Americans claw out of pandemic ruin — and she's long backed plans for Democrats to give people more money

  15-08-2020 15:30 via feedproxy.google.com
  
  Biden picked Kamala Harris to be his vice presidential running mate on Tuesday, putting a former primary rival on the ticket.
  Harris appears to possess a simple economic instinct: The government should step in and give people more money.
  She supports $2,000 monthly stimulus checks for Americans during the pandemic, and introduced a plan during her campaign for a significant middle-class tax cut.
  Visit Business Insider's homepage for more stories.Joe Biden picked Sen. Kamala Harris as his vice pr
  
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• 'We are going to pay the price': Famed investor Jim Rogers sounds the alarm on central bank money-printing and exorbitant debt — and warns the next market meltdown will be 'the worst in my lifetime'

  15-08-2020 15:13 via feedproxy.google.com
  
  Jim Rogers, the chairman of Rogers Holdings, thinks unprecedented amounts of debt will exacerbate the next economic downturn. 
  Rogers points the finger at global central bank policy as the cause for his concern.
  Rogers is joined in his view by David Hunter, the chief macro strategist at Contrarian Macro Advisors, who expects an 80% decline in stocks.
  Click here to sign up for our weekly newsletter Investing Insider.
  Click here for more Premium stories.When the market started to unwind back
  
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• 5 charts that show how the coronavirus recession is slamming the most vulnerable workers

  15-08-2020 14:50 via feedproxy.google.com
  
  The coronavirus pandemic has wreaked havoc on the US economy, with nearly 13 million fewer jobs in July than in February.
  Workers in more vulnerable groups, like those without a high-school diploma and those working in certain lower-wage industries, have been hit especially hard.
  These groups — and the US economy in general — are also especially in need of a stronger safety net, which the government stopped providing at the end of July when large parts of the stimulus package from Ma
  
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• How to pitch top hedge funds on the next hot alt-data set

  15-08-2020 14:30 via feedproxy.google.com
  
   
  Happy Saturday!
  Hedge funds that love to use Robinhood data to hunt for winning ideas won't be able to tap its enormous pool of trades in quite the same way anymore. As CNBC first reported, Robinhood is no longer publishing how many customers held a particular stock, and the retail-trading app is also limiting access to its API.
  And as Dakin Campbell and Dan DeFrancesco learned, hedge funds were pinging other data providers within hours of hearing the Robinhood news to try to line somethi
  
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• Central banks have been big buyers of gold for over 10 years. Here is why they do it.

  15-08-2020 12:00 via feedproxy.google.com
  A number of central banks have loaded up on gold in the last year, according to data from World Gold Council.
  Central banks own gold as part of their portfolios, which include foreign exchange reserves. 
  Gold hit record highs above $2,000 an ounce this month, before seeing its biggest daily drop in 7 years earlier this week. 
  UBS Asset Management's Max Castelli expects central banks to continue buying gold even once COVID-19 is over, given their long-term investment horizon. 
  "We
  
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• Warren Buffett slashes JPMorgan and Wells Fargo stakes, bets on Barrick Gold

  15-08-2020 03:02 via feedproxy.google.com
  Warren Buffett slashed his stakes in JPMorgan and Wells Fargo last quarter, a regulatory filing revealed on Friday.
  The billionaire investor's Berkshire Hathaway conglomerate also took a $560 million position in miner Barrick Gold.
  Buffett trimmed several other holdings including BNY Mellon, PNC Financial, US Bancorp, and SiriusXM.
  The portfolio update settled speculation about the almost $13 billion in net stock sales that Berkshire reported last quarter.
  Visit Business Insider's homepage for m
  
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