News 

Millions of American jobs are going unfilled because of the ‘skills gap,’ and Prudential’s vice chairman says the responsibility for closing it largely rests on companies like his own

“Continuing the momentum will depend on the availability of workers with the appropriate skills to take advantage of new job opportunities,” the Council stated” writes Robert Falzon for businessinsider.com. But, as we continue to see job openings outpacing qualified workers nationwide, the “skills gap” runs the risk of jeopardizing America’s economic future and competitiveness.According to the Department of Labor, 6.9 million jobs remain unfilled and, at Prudential, we feel this challenge every day.We know like-minded companies understand the value of investing in career training and are rising to the challenge. Source:…

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Crypto News 

First Pension Funds Investing in Crypto — a Sign of Things to Come?

“This survey was carried between December 2018 and January 2019, and 71 global institutional investors took part, which included private equity, hedge funds and pension funds” writes Gareth Jenkinson for cointelegraph.com. When asked if he expected other governmental pension funds to look to invest in the space, Weiler replied that ‘he had no idea’.The news is being hailed as the first time a United States pension fund has directly invested into cryptocurrency assets.Considering this fact, the move by Morgan Creek Digital is a positive sign for the cryptocurrency ecosystem amid…

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Markets News Stocks 

CREDIT SUISSE: Whether the market surges or tanks, tech stocks are perfectly positioned to profit. Here are the best companies to own.

“Count the equity strategists at Credit Suisse among the cohort of Wall Streeters who have lost faith in tech stocks” writes Akin Oyedele for businessinsider.com. Should this broader rally in stocks continue, Garthwaite sees the tech sector as uniquely positioned to reap its gains.Garthwaite cited four main reasons why tech stocks are attractive as a defensive play for a market slump. The US software companies that Credit Suisse’s equity analysts rate “overweight” include Adobe, Autodesk, Microsoft, Oracle, and Salesforce.com.But even if the rally falters, he says tech is attractive as…

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Markets News Stocks 

GOLDMAN SACHS: There’s striking proof that a stock-market slowdown is near, and surviving it will require the use of one time-tested strategy

“That’s according to equity strategists at Goldman Sachs, who are advising investors to prioritize a strategy that susses out single-stock winners over relying on positive macro news to lift the broader market” writes Akin Oyedele for businessinsider.com. The prospect of moderate returns raises the importance of finding single stocks that can outperform the broader market.Expectations haven’t materially improved, so Goldman isn’t counting on the economy to be an exceptional driver of stock-market returns in the near term.These two factors leave the market without much upside potential in the near term,…

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Markets News Stocks 

Goldman Sachs just dumped a trade recommendation that’s crushed the market over the past 2 years. Here’s why, and what it means for investors.

“There have been 7 cycles of strong balance sheet stocks outperforming weak balance sheet stocks since 1980.” 4″ writes Akin Oyedele for businessinsider.com. The strong run for companies with strong balance sheets is over for now, according to Goldman Sachs.The relative valuation of strong vs. weak balance sheet stocks ranks in the top quintile versus the past 35 years. “Based on five different metrics, the relative valuation of strong vs. weak balance sheet stocks currently stands in the 85th historical percentile since 1980.”. Companies with strong balance sheets have outperformed…

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Markets News Stocks 

Index funds track the market, but they’re not all evenly matched

“Read about why index funds have an edge over active management, and find out what to look for when choosing an index fund” reports marketwatch.com. Bullish gold investors now have reason to worry Despised stocks frequently outperform the most admired companies’ stocks, writes Mark Hulbert.Index mutual funds tracking the same market benchmark may look alike — until you peek under the hood.Bill Gross praised as bond-investing pioneer as he bows out after four-decade career A reality check for people aspiring to retire early. Source: marketwatch.com

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Markets News Stocks 

BANK OF AMERICA: A trusted trading strategy that failed in 2018 is making a comeback — and it’s the key to success in the stock market this year

“On policy, Hartnett is focused on global central banks and says the era of monetary tightening is coming to an end” writes Akin Oyedele for businessinsider.com. The rollercoaster ride in the stock market last year put a trusted investing strategy to the test.Hartnett further sees the rise of populism as a factor that could benefit the stock market.Those four Ps could also pass off as reasons to stay on the sidelines of the stocks market, from a slowdown in earnings growth to political turmoil in Europe and the US-China trade…

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