#Weekly inflation down 40 basis points | Explore Tumblr posts and blogs

stock-cgcr · 2 years ago

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October 24, US stock outlook: fundamentals: the "New Federal Reserve News Agency" spread the news: the Federal Reserve may reduce the interest rate increase in December, Federal Reserve officials are moving towards another 75 basis points interest rate increase, and whether they will signal a small interest rate increase in December. With the internal division of the Federal Reserve, some people hope to slow down the pace of interest rate increase, while others worry that inflation has not declined. There are many disagreements in the Federal Reserve, some officials of the Federal Reserve said that they hope to slow down the pace of interest rate increase as soon as possible and stop raising interest rates at the beginning of next year to observe the impact of this year's measures on the economy, while other officials believe that it is too early to discuss these issues, because facts have proved that high inflation will be more lasting and widespread. Although the aggressive interest rate increase of the Federal Reserve has led to turmoil in the global financial market and complaints from investors, the effect of the Federal Reserve in curbing inflation seems to be not ideal at present, and the inflation level in the United States is still hovering near the high in nearly 40 years. Last Friday, the US stock market opened low and moved high, the three major indexes all rising more than 2%. The Dow Jones index rose 2.47%, popular Chinese stocks listed in the U.S. ups and downs in a mixed way. Most of the big tech stocks rose, and Netflix closed up 8%. The performance in the third quarter was better than expected. In hot spots: the growth of basic materials, biomedical, technology software, technology equipment, energy fuels, real estate, non cyclical consumer goods are among the top. In terms of operation: choose individual stock in the cyclical growth industry, and pay attention to the buying time when the volatile bottom returns to the low point. Stop profit in time when breaking through the previous high point or the soaring, and take risk prevention measures. (1) Recommended US stock: RBLX. Concept Stock, technology software. Technically, buy in batches and at low price when the weekly K line formed a double bottom pattern at the historical bottom and fluctuated upward, stop profit in time when it reached the previous high point nearby or rose sharply. (2) Recommended Canadian stock: AGX. Concept Stock, basic materials. Technically: bargain hunting at the breakthrough when multiple bottoms are formed at the bottom, after soaring stop profit in time(Personal suggestions are for reference only).

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inspire-to-move-forward · 2 years ago

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"New Federal Reserve news agency" released news that December will reduce the rate hike

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your-dietician · 2 years ago

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Oil prices fall for the week, thanks to economic outlooks ‘denting demand expectations’

New Post has been published on https://medianwire.com/oil-prices-fall-for-the-week-thanks-to-economic-outlooks-denting-demand-expectations/

Oil prices fall for the week, thanks to economic outlooks ‘denting demand expectations’

Oil prices settled lower on Friday, contributing to a loss for the week, as worries over a global economic downturn continued to plague the demand outlook.

Price action

West Texas Intermediate crude for November delivery CL.1, -4.00%

CL00, -4.00%

CLX22, -4.00% fell $3.50, or 3.9%, to settle at $85.61 a barrel on the New York Mercantile Exchange, prompting the U.S. benchmark to post a 7.6% weekly fall, its first in three weeks, according to Dow Jones Market Data.

December Brent crude BRN00, -0.19%

BRNZ22, -0.19%, the global benchmark, was down $2.94, or 3.1%, at $91.63 a barrel on ICE Futures Europe. It was off 6.4% for the week. WTI and Brent oil settled at their lowest since Oct. 3.

November gasoline RBX22, -2.66% declined 2.7% to $2.6309 a gallon, for a 3.8% weekly fall; November heating oil HOX22, -2.50% was down 2.8% at $3.9802 a gallon, leaving it down about 1% for the week.

November natural gas NGX22, -3.93% fell 4.3% to $6.453 per million British thermal units, off 4.4% for the week.

Market drivers

“With many analysts and economists now forecasting a recession as their base case outlook for 2023, demand estimates for everything from energy products to industrial metals are taking a hit,” Tyler Richey, co-editor at Sevens Report Research, told MarketWatch.

Oil has given back roughly half of the October gains this week “thanks to the negative shift in policy and economic outlooks denting demand expectations,” he said.

Still, “with OPEC+ getting more serious with price supportive policy measures this month, support in the high $70s to low $80s should hold in the near term,” said Richey.

““With OPEC+ getting more serious with price supportive policy measures this month, support in the high $70s to low $80s should hold in the near term.” ”

— Tyler Richey, Sevens Report Research

Crude prices bounced on Thursday as markets whipsawed in the wake of a U.S. September consumer-price index reading that showed year-over-year core inflation, which strips out food and energy costs, accelerated to a 40-year high. The move cemented expectations for a supersize 75 basis point interest rate increase by the Federal Reserve early next month.

But U.S. stocks bounced back ferociously Thursday after tanking in the wake of the data, ending sharply higher. Crude and other assets perceived as risky were also lifted, while the dollar pulled back. Concerns remain, however, that aggressive rate increases by the Fed and other major central banks could spark a sharp global economic downturn.

“Cross-asset correlations are so tight it seems like broader risk sentiment very much influences interday oil sentiment,” Stephen Innes, managing partner at SPI Asset Management, told MarketWatch.

On Friday, oil gave back a portion of last week’s rally that was attributed in large part to the decision by the Organization of the Petroleum Exporting Countries and its allies — a group known as OPEC+ — to cut production by 2 million barrels a day beginning in November. The actual reduction is expected to be around half that size since several producers were already pumping below their individual targets.

Downbeat assessments for demand growth by OPEC and the International Energy Agency in their monthly reports this week contributed to the weaker tone, wrote analysts at Commerzbank, though they argued that downside for crude was likely to remain limited due to tight global supplies and OPEC+’s resolve to take action if necessary to put a floor under prices.

“The market is set to be just about balanced despite weaker demand in the first half of the year due to the OPEC+ production cuts that will come into effect from November,” the analysts wrote.

That’s due to be followed by a “pronounced undersupply” in the second half of the year,” they said.

“In our opinion, however, the most important argument in favor of high prices is the fact that OPEC+ has clearly signaled that it will do everything in its power to preclude any marked price fall: heavyweight Saudi Arabia appears to view its alliance with Russia as more important in this context than the goodwill of the U.S.,” the analysts wrote.

See: Saudi Arabia defends OPEC+ production cut, suggests White House wanted delay until after midterms

Meanwhile, oil traders are looking to the 20th National Congress of the Chinese Communist Party on Oct. 16, said SPI Asset Management’s Innes.

The outcome of that “matters for the political and economic outlook of the country,” he said, adding that the People’s Bank of China “could cut rates given the low inflation, but fiscal is the key.”:

“Beijing should provide more stimulus for the economy, focusing on supporting consumption rather than investing. Oil should run with that,” said Innes. But any change in COVID-19 policy is unlikely, “as it seems they will not soften on that until early 2023, but many odd things are happening these days. That is a huge wild card, but I don’t think it comes into play for prompt oil until later in the year.”

Also see: Here’s how much more U.S. households will pay to heat their homes this winter

Read the full article here

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bitcofun · 2 years ago

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Key Takeaways The Federal Reserve has actually increased rates of interest by another 75 basis points. The U.S. reserve bank's funds rate is now 3% to 3.25%. As the Fed stays dedicated to suppressing inflation and crypto has no fresh stories on the horizon, the market might continue to suffer for some time. The most current rate trek from the Fed follows the most recent Consumer Price Index signed up a greater than anticipated inflation rate of 8.3% in August. Fed Announces Another Rate Hike The Federal Reserve has actually revealed another 75- basis point rates of interest walking. The U.S. reserve bank exposed the rate boost at the current Federal Open Market Committee Wednesday. The rate walking follows 4 previous 75- basis point boosts previously this year, bringing the Fed's funds rate to 3% to 3.25%. Today's relocation was extensively anticipated, especially after inflation rates was available in hotter than expected on September13 The most recent Consumer Price Index information revealed that inflation struck 8.3% in August, 20 basis points greater than evaluations of an 8.1% print. Fed chair Jerome Powell made it clear that the U.S. reserve bank was devoted to raising rates in Jackson Hole last month when he alerted of more "discomfort" ahead for markets. Global markets have actually been rocked by the Fed's relocations throughout2022 As Powell has actually revealed brand-new rate walkings, markets have actually worried in both instructions. While July's walking resulted in a rise as the 75 basis point call was lower than at first feared, rate walkings normally strike risk-on properties since the expense of obtaining cash ends up being more costly. Crypto properties like Bitcoin and Ethereum have actually sold close connection with standard equities following the Fed's previous funds rate modifications. The crypto market has actually reacted progressively; the overall cryptocurrency market cap increased by 1.6% over the last 24 hours, however Bitcoin and Ethereum are down 1.2% and 1.4% on the day, respectively. The Fed's Impact on Crypto Crypto properties have actually had a rough year given that the marketplace struck a $3 trillion peak in November2021 While the marketplace had actually currently reached fatigue after over a year of bullish rate action late in 2015, the Fed has actually been a significant impact in the continuous winter season stage. Per CoinGecko information, Bitcoin and Ethereum presently sit over 70% below their highs, with lots of lower cap properties faring even worse. Inflation, on the other hand, is still at 8.3%. While inflation is below the 40- year highs taped in June, it stays substantially greater than the Fed's 2% target. Powell repeated in Jackson Hole that the bank was targeting a 2% rate, showing that it would stay hawkish for some time. If Powell stays with his weapons, the Fed's funds rate might increase even more over the months ahead, which would possibly rock markets when again. The crypto market had actually revealed indications of a possible revival over the summer season, moved primarily by the anticipation for Ethereum's landmark "Merge" occasion. ETH took a nosedive as the CPI print dropped last week, then toppled even more even after the Merge delivered without a drawback. It is down approximately 15% in the week considering that the upgrade. Bitcoin, too, has actually put in a depressing September efficiency, moving listed below $19,000 on several events. It suffered along with Ethereum in the wake of the Merge. Both properties are trading above their lows in June when the marketplace toppled due to an industry-wide liquidity crisis coming from the collapse of the Terra community. Bitcoin published a record 11 weekly red candle lights, eliminating its 2021 acquires as it struck 18- month lows. Still, it's uncertain whether June's mayhem marked a bottom or if rates might move even more. The crypto market is understood for its cyclical nature, however stories play an essential function in the notoriously unstable area.

Crypto is presently nearly a year into a down pattern, which has actually traditionally suggested that a healing might be on the horizon. With the possibility of more rate walkings from the Fed and no recognized stories like the Merge doing the rounds, crypto hopefuls might have some waiting prior to belief shifts and the pattern reverses. The worldwide cryptocurrency market capitalization is presently $982 billion, down more than 67% from its all-time high. Disclosure: At the time of composing, the author of this piece owned ETH and a number of other cryptocurrencies. This story is breaking and will be upgraded as additional information emerge. The info on or accessed through this site is acquired from independent sources our company believe to be precise and trusted, however Decentral Media, Inc. makes no representation or guarantee regarding the timeliness, efficiency, or precision of any info on or accessed through this site. Decentral Media, Inc. is not a financial investment consultant. We do not offer tailored financial investment suggestions or other monetary recommendations. The details on this site undergoes alter without notification. Some or all of the info on this site might end up being out-of-date, or it might be or end up being insufficient or unreliable. We may, however are not obliged to, upgrade any out-of-date, insufficient, or incorrect info. You need to never ever make a financial investment choice on an ICO, IEO, or other financial investment based upon the details on this site, and you need to never ever translate or otherwise count on any of the info on this site as financial investment suggestions. We highly suggest that you seek advice from a certified financial investment consultant or other competent monetary expert if you are looking for financial investment guidance on an ICO, IEO, or other financial investment. We do decline payment in any kind for examining or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or products. See complete terms Into the Night: Markets Tremble as Powell Warns of "Pain" Ahead Federal Reserve chair Jerome Powell provided an address today at the reserve bank's yearly Jackson Hole conference in which he cautioned of tightening up policies "for a long time." Threat markets ... Bitcoin Slides as U.S. Inflation Exceeds Estimates at 8.3% Bitcoin and Ethereum were struck hard as the inflation information dropped. U.S. Inflation Print Surpasses Expectations U.S. inflation has actually reduced for a 2nd successive month. The Bureau of Labor Statistics ... Bitcoin Up as Fed Announces 0.75 Point Rate Hike U.S. rate of interest have actually gone back to pre-pandemic levels as the Federal Reserve tries to deal with skyrocketing inflation rates. Fed Fights Inflation With 0.75% Rate Hike The Federal Reserve has actually treked ... Read More

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extreme-investor-network · 3 years ago

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U.S. stocks fall as Treasury yields continue to surge

Twitter shares lower after social-media company says Musk won’t take a board seat after all U.S. stocks were under pressure Monday, with tech and other growth names bearing the brunt, as Treasury yields continued to soar ahead of a busy week in inflation data. What’s happening - The Dow Jones Industrial Average DJIA fell 140 points, or 0.4%, to 34,580. - The S&P 500 SPX was down 40 points, or 0.9%, at 4,448. - The Nasdaq Composite COMP slumped 199 points, or 1.5%, to 13,512. The tech-heavy Nasdaq slumped 3.9% last week, its worst performance since late January, joining the S&P 500 in breaking a string of three consecutive weekly gains. The Dow fell for a second week. What’s driving markets The yield on the 10-year Treasury BX:TMUBMUSD10Y rose to the highest level since 2019, topping 2.75% as a selloff extended to a seventh straight session. Yields move in the opposite direction to prices. Rising bond yields can be a headwind for stocks, particularly tech and other growth stocks whose valuations are based on the expected profit and cash flow far into the future. Higher yields on risk-free Treasurys mean those future flows are less valuable in present terms.A difficult year for stocks and bonds As bonds slump, equities feel pressure Source: FactSetiShares 20+ Year Treasury Bond ETFE-Mini S&P 500 Future ContinuousContractE-Mini Nasdaq 100 Index ContinuousContract2022April-25-20-15-10-505% Ahead of bank earnings and inflation data later in the week, traders were left focusing on the health of the market. Michael Darda, chief economist and market strategist at MKM Partners, said the S&P 500 is overvalued even with the recent pullback. He said that for the equity risk premium — the earnings yield minus the bond yield — to move back to its five-year average, one of four things would have to happen: bond yields to fall by around 100 basis points, earnings to rise about 20%, the stock market to fall about 17% or some combination of the three. “Our valuation work shows that financials remain the most attractive cyclical sector while healthcare is the most attractive defensive sector. High valuation tech across the capitalization structure remains an ‘avoid’ or a short, in our view,” said Darda. Stocks to watch - Elon Musk remained in the headlines after Twitter Inc. TWTR Chief Executive Parag Agrawal said Tesla Inc. TSLA chief “has decided not to join our board.” Twitter had announced last week that Musk would join the board after regulatory filings revealed that had become the social-media platform’s top shareholder. Twitter shares fell 1.8%. - The impact of China’s lockdowns was on display as electric-vehicle maker Nio Inc. NIO said it would have to suspend production due to disruptions to its supply chain. Nio’s American depositary shares were down 9.6%. - Shares of Shopify Inc. SHOP fell 0.4% after the Canada-based e-commerce software company said it was planning for a 10-for-1 split of its common stock, in an effort to make its shares “more accessible to all investors.” - Sailpoint Technologies Inc. shares SAIL surged nearly 30% after the cybersecurity company confirmed an agreement to be acquired by private equity firm Thoma Bravo in a deal valued at $6.9 billion. - Veru Inc. shares VERU rose nearly 34% after the biopharmaceutical company announced positive results from a Phase 3 trial of its oral COVID-19 treatment. How other assets are trading - The ICE U.S. Dollar Index DXY, a measure of the currency against a basket of six major rivals, was up 0.1%. - Oil futures retreated, with the U.S. benchmark CL down 4% to trade near $94.50 a barrel. Gold futures GC00 rose 1% to around $1,965 an ounce. - Bitcoin BTCUSD slumped 3% to trade near $41,000. - The Stoxx Europe 600 XX:SXXP and London’s FTSE 100 UK:UKX were both down 0.5%. - Stocks slumped in Asia, with the Shanghai Composite CN:SHCOMP ending 2.6% lower, while the Hang Seng Index HK:HSI fell 3% in Hong Kong, and Japan’s Nikkei 225 JP:NIK shed 0.6%. Original Article Here: Read the full article

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freepressjournals · 3 years ago

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Share Market LIVE: Sensex cuts gains, turns red, Nifty below 16600, trend positive above 16500

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic markets were witnessing a pullback at the start of the day’s trade on Dalal Street. S&P BSE Sensex opened just shy of 56,000 mark, rising more than 400 points or 0.6%. NSE Nifty 50 was above 16,700. Bank Nifty zoomed half a per cent to regain 35,500. India VIX was down 6%. Tech Mahindra was up 2% as the top Sensex gainer, followed by Power Grid, NTPC, and IndusInd Bank. In the red, Asian Paints was the top laggard, accompanied by Ultratech Cement, Maruti Suzuki, and Nestle India.

Making fighting inflation his primary task, US Federal Reserve Chair Jerome Powell, on Wednesday, signalled the central bank would start raising rates this month despite uncertainties stemming from the Russia-Ukraine crisis. Powell, in his remarks to the U.S. House of Representatives Financial Services Committee, reiterated the core Fed narrative that high inflation and an “extremely tight” labour market warrant higher interest rates. The US Fed Chair said that he is inclined to propose a 25 basis point rate hike later this month. The rate of inflation in the US has scaled a 40-year high.

Share Market Today | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Live Updates

Infosys, HCL Tech, ONGC, Vedanta, Maruti Suzuki, Union Bank stocks in focus on weekly F&O expiry day

Domestic equity benchmarks BSE Sensex and Nifty 50 were staring at a gap-up start on Thursday, a day of weekly F&O expiry. Nifty futures were trading 41 points or 0.25 per cent up at 16,658 on the Singaporean Exchange. In the previous session, S&P BSE Sensex managed to cut some intraday losses, but still closed 778 points or 1.38% in the red at 55,468 while NSE Nifty 50 ended 187 points or 1.12% lower at 16,605. Asian peers were trading in green as oil prices continued to move higher with Brent crude oil topping $117 per barrel.

#BSE #ShareMarket #Sensex #US #nse #Infosys

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orbemnews · 4 years ago

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Jobless Claims Could Reflect Fall in Virus Caseloads: Live Updates Here’s what you need to know: Coronavirus caseloads have been dropping amid vaccination efforts, but until employers and consumers feel that the pandemic is under control, economists say, the labor market won’t fully recover.Credit…James Estrin/The New York Times An update on the labor market’s health is due Thursday morning when the Labor Department is scheduled to release its weekly report on applications for government unemployment insurance. Although new jobless claims are nowhere near the eye-popping levels seen last spring, they are still extraordinarily high by historical standards. There are roughly 10 million fewer jobs than there were last year at this time. Wall Street analysts surveyed by Bloomberg expect a reduction in initial weekly claims for state jobless benefits. Coronavirus caseloads have been dropping amid efforts to get vaccines to people who are most vulnerable. But until employers and consumers feel that the pandemic is under control, economists say, the labor market won’t fully recover. “Until people feel this is sustained and that there’s not another huge wave coming, I can’t imagine we’re going to see big changes in jobless claims for a while,” said Allison Schrager, an economist at the Manhattan Institute. Leaders at the Federal Reserve and Treasury Department have said the damage to the labor market is much deeper than has been reflected in published government figures, estimating that the true unemployment rate is closer to 10 percent than to the 6.3 percent recorded in the Labor Department’s most commonly cited measure. Testifying before Congress this week, Jerome H. Powell, the Federal Reserve chair, said: “The economic recovery remains uneven and far from complete, and the path ahead is highly uncertain.” Those hardest hit are in the service industry, particularly in restaurants, hospitality, leisure and travel. At the career site Indeed, job postings over all are 5 percent higher than they were a year ago, with demand greatest for warehouse and construction workers and drivers, said AnnElizabeth Konkel, an economist at the company. “We need job postings to stay elevated above prepandemic baseline to pull people back into the labor market,” she said. An AMC theater near Times Square. Shares in AMC, a company that has struggled through the pandemic, have been hyped on Reddit��s Wallstreetbets forum.Credit…Angela Weiss/Agence France-Presse — Getty Images Shares in GameStop were up 45 percent in premarket trading on Thursday, following another surge in the share price of the video game retailer that was at the center of a retail trading frenzy last month. On Wednesday, GameStop’s shares doubled to $91.71 and the volume of trading was more than 10 times the level of the previous day. Some of the popular posts on Reddit’s Wallstreetbets forum, where users have been hyping up certain stocks in memes, read “ROUND 2!” and “THE COMEBACK!!!!!” Other meme stocks also rose: AMC shares gained 17 percent in premarket trading, and BlackBerry, Nokia and Koss were also among the gainers. Earlier this week, GameStop announced its chief financial officer would leave the company next month. The company is under pressure from a large shareholder to shift from a brick-and-mortar business to a digital and e-commerce firm. U.S. markets Futures of U.S. stock indexes were little changed before the latest weekly report on state unemployment benefit claims. Economists expect a fall in the number, but the levels are still high by historical standards. Bond yields continued to jump. The yield on 10-year U.S. Treasury notes rose 5 basis points, or 0.05 percentage point, to 1.43 percent. This month, the yield has climbed 37 basis points. Analysts at Bank of America raised their forecast for bond yields, expecting the 10-year yield to be at 1.75 percent at the end of the year because of stronger economic growth. Last month, they forecast 1.5 percent for year-end. Federal Reserve policymakers have been playing down concerns about inflation. In a second day of testimony to lawmakers on Wednesday, the Fed chair, Jerome H. Powell, reiterated his message that a short-term jump in inflation, which is expected this year, is different from sustained higher inflation. And so the central bank could keep its easy money policies for awhile. Separately, the vice chair, Richard Clarida, said monetary policy was “entirely appropriate not only now, but — given my outlook for the economy — for the rest of the year.” Europe Most European stock indexes were higher. The Stoxx Europe 600 index rose 0.3 percent. Shares in Mondi, a British company which sells packaging and paper products, dropped 1.2 percent after Bloomberg reported it was looking into a takeover of its rival DS Smith. Shares of Smith were up 6.6 percent. Senator Bernie Sanders said Walmart’s profits continued to be supported by taxpayers, who are paying for the health care and food expenses of the company’s lowest-paid workers.Credit…Anna Moneymaker for The New York Times With the debate over raising the federal minimum wage heating up, Senator Bernie Sanders is putting the spotlight on some of the nation’s largest employers and their pay practices in a hearing on Capitol Hill on Thursday. Walmart and McDonald’s, which have not yet raised their starting wages to $15 an hour, will be the primary focus of Mr. Sanders’s scrutiny. Mr. Sanders, a Vermont independent, plans to highlight research by the Government Accountability Office showing that Walmart and McDonald’s are among the companies with the highest number of employees qualifying for Medicaid and food stamps in many states. “One of the scandals in the current economy is that there are millions of workers working for starvation wages,” Mr. Sanders said in an interview this week. The chief executives of Walmart and McDonald’s were invited to attend Thursday’s hearing of the Senate Budget Committee but declined. W. Craig Jelinek, the chief executive of Costco, which pays some of the highest wages in the retail industry, is the only top executive who agreed to testify. “A small percentage of our work force may come to us on public assistance and we welcome them,” Walmart said in an email to Mr. Sanders’s office last week. “We hire them, train them and give them the chance to earn a paycheck. And we are immensely proud of their work and their continued efforts to successfully support themselves and their families.” McDonald’s responded in a similar vein in a letter to Mr. Sanders’s office on Tuesday: “We appreciate the findings of the G.A.O. report that identify a small percentage of our work force that may utilize public assistance, and we work to prepare them for career opportunities both inside and outside of the McDonald’s system.” In its letter, McDonald’s added that its average wage was nearly $12 an hour, but the company did not provide its starting wage nor respond to a follow-up request from The New York Times for the number. Last week, Walmart said that it was raising the wages of 425,000 workers and that about half of its work force in the United States would earn at least $15 an hour. But the company’s chief executive, Doug McMillon, stopped short of saying whether the company would eventually extend a $15 minimum to all employees. Mr. Sanders said Walmart’s profits continued to be supported by taxpayers, who are paying for the health care and food expenses of the company’s lowest-paid workers and further enriching the retailer’s founding family and large shareholders, the Waltons. “I think the American people really should not have to subsidize through their taxes the wealthiest family in the world,” Mr. Sanders said. “We are going to make that point over and over and over again.” A $52 million campaign promoting Covid-19 vaccinations began on Thursday morning.Credit…Ad Council A broad promotional effort to combat Covid-19 vaccine skepticism began rolling out on Thursday, backed by the nonprofit advertising group Ad Council and a coalition of experts known as the Covid Collaborative. The campaign, “It’s Up to You,” encourages Americans to seek out facts about the available vaccines. The Ad Council commissioned research that concluded that 40 percent of the public had yet to decide whether to be vaccinated as soon as possible. In Black and Hispanic communities, which have been disproportionately affected by the pandemic, 60 percent of people do not feel fully informed, according to the study. Public service announcements will appear in English and Spanish on television, social media and other platforms. More than 300 companies, community groups and public figures — including Facebook, iHeartMedia, the National Association for the Advancement of Colored People and Dr. Sanjay Gupta of CNN — contributed to the $52 million push, as did the Centers for Disease Control and Prevention. Several spots point viewers toward a landing page, GetVaccineAnswers.org, using messages such as “Getting back to the moments we missed starts with getting informed” and this one: “You’ve got questions. That’s normal.” A punchy video from Google shows animated arms with colorful post-vaccination bandages coalescing into the shape of the United States, while an offering from Verizon juxtaposes scenes of human connection with images of weddings and graduations conducted over video chat. The Ad Council endeavor is one of several concurrent campaigns aimed at raising awareness and acceptance of the vaccines, including efforts from vaccine producers such as Pfizer and Moderna. NBCUniversal built a vaccination push around the informational site PlanYourVaccine.com, while the #ThisIsOurShot campaign features health care workers who have been vaccinated. In Britain, an ad debunking myths about the vaccine was broadcast simultaneously across several television channels this month, focusing on ethnic minority communities. If confirmed as U.S. trade representative, Katherine Tai will need to fill in the details of the Biden administration’s “worker-focused” trade approach.Credit…Hilary Swift for The New York Times The Biden administration is hoping that its nominee for U. S. trade representative, Katherine Tai, who is scheduled to appear for her confirmation hearing on Thursday morning before the Senate Finance Committee, can serve as a consensus builder and help bridge the Democratic Party’s varying views on trade, Ana Swanson reports for The New York Times. Ms. Tai has strong connections in Congress, and supporters expect her nomination to proceed smoothly. But if confirmed, she will face bigger challenges, including filling in the details of what the Biden administration has called its “worker-focused” trade approach. As trade representative, Ms. Tai will be a key player in restoring alliances strained under former President Donald J. Trump, as well as formulating the administration’s China policy, where she is expected to draw on prior experience bringing cases against China at the World Trade Organization. She will also take charge on decisions on matters that divide the Democratic Party, like whether to keep or scrap the tariffs Mr. Trump imposed on foreign products, and whether new foreign trade deals will help the United States compete globally or end up selling American workers short. Source link Orbem News #Caseloads #claims #fall #Jobless #Live #Reflect #Updates #Virus

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infinitemarilynmonroe · 7 years ago

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THE VILLAIN AND THE SHOWGIRL: A CLOSER LOOK AT ARTHUR MILLER AND MARILYN MONROE

[Please note that all credit for this article goes to the wonderful team at Immortal Marilyn.] ------------------ Arthur Miller. In the Marilyn community his very name conjures up images of The Hooded Claw; a cartoon villain with very few likeable qualities, a man whose appearance in the life of the heroine provokes boos and hisses from the viewing public. When an Arthur Miller photo or article is posted online in a Marilyn community group you can almost guarantee that it will be followed a flurry of negative comments, polarised views and hot debate. One comment that crops up on a regular basis is this; he didn’t love her at all.

Joe versus Arthur? To the press and much of the American public, Joe DiMaggio and Marilyn Monroe were a dream couple; the legendary sportsman and the sexy movie star, happily married and planning a life together. By late 1954, less than a year after their wedding, their passionate relationship had broken down when it had become apparent to Marilyn that the couple had little in common. Joe had a jealous streak and wanted a wife but instead, he got a movie star. There were rumours of domestic violence and after just nine months, the couple divorced. For the remainder of her life, Joe worked hard to woo Marilyn back and change his ways, only maintaining his distance when she married Miller. In 1961 after her divorce, Joe was on hand to offer Marilyn his support and friendship when she needed it. At the time she said “I’ve always been able to reply on Joe after the first bitterness of our parting faded.”

Tragically less than a year later he was the one person that Bernice turned to when she needed someone to claim the body of her half-sister while she made the trip from Florida to the west coast. A heartbroken Joe maintained a promise he had made to Marilyn during their courtship when they had discussed the loving gesture made by William Powell after Jean Harlow’s early death. Joe kept that promise for twenty years; a weekly delivery of fresh roses to Marilyn’s crypt. In the eyes of many, how could any other man compete with Joe’s devotion?

Marilyn met Arthur Miller during the filming of ‘As Young As You Feel’ in 1951. He had made the trip west with friend and director, Elia Kazen, who was under contract with Fox and had some business with the studios. Over the course of several days, Marilyn, who knew Kazen through a casual affair, accompanied the duo to various meetings and had later run into them at a party. Marilyn’s acting coach, Natasha Lytess recalled Marilyn telling her “It was like running into a tree! You know, like a cool drink when you’ve got a fever. You see my toe, this toe? Well he sat and held my toe and we just looked into each other’s eyes almost all evening.” In his 1987 biography, Miller recalled a distressed Marilyn still grieving over the death of agent and lover Johnny Hyde “her face seemed puffed (with crying) and not especially beautiful but she could hardly move a finger without striking the heart with the beauty of its curving line.”

On his return to New York, the couple acknowledged that a spark had been ignited and over the course of the next four years exchanged a number of letters. Miller was racked with guilt as he was married with two children however; at this point he states their connection was purely an emotional one. In his journals he noted “I no longer knew what I wanted, certainly not the end of my marriage, but the thought of putting Marilyn out of my life was unbearable.”

After her marriage to Joe was over, Marilyn left the west coast and went into exile in New York where she headed for The Actors Studio and eventually to Arthur Miller, who later separated and divorced his first wife Mary. Marilyn and Arthur married in 1956 and sadly went through the heartache of unsuccessful pregnancies, infidelity and 1960, the breakdown of their marriage. Although Miller remarried within a year of their divorce, he was still struggling with aspects of his second marriage some 40 years later. His final play, ‘Finishing the Picture’, was a narrative about the filming of The Misfits, written just a few months before his own death in 2005.

So why is Arthur credited with Marilyn’s downfall and why do many believe he used her? He was aloof and didn’t show emotion; Miller wasn’t Joe. He was not conventionally attractive and was awkward in his dealings with the press. He did not enjoy being in the limelight and naively believed that once the news of their marriage had broken, that they would be left alone to get on with their lives. He was wrong. The couple were ridiculed by journalists (‘The Egghead and the Hourglass’) and Marilyn’s efforts to move into dramatic roles were often treated with contempt. Put bluntly, the tone was set and the press were going to run and run with it and to this day, they still do.

Didn’t he need good publicity during the McCarthy Trials? Not really. Miller stood by his convictions when subpoenaed to appear before The House of Un-American Activities Committee. He had been called to testify and was offered a chance for this to ‘go away’ if he would arrange for a photo call between Marilyn and the Head of the Committee. He point blank refused. In 1957 he was found guilty of contempt of congress and was fined, blacklisted and disallowed a passport when he refused to ‘name names.’ In 1958 this verdict was overturned by the Court of Appeal after they found that the Head of the Committee had misled Miller. At the time Marilyn wrote “I am so concerned about protecting Arthur. I love him and he is the only person, the only human being I have ever known that I could love, not only as a man – to which I am attracted to practically out of my senses about – but he is the only person I trust as much as myself.”

He married her for her money. Not true. Financially Miller was comfortable, he had a successful career and his work was admired by the critics. Miller did have an ex-wife and two children to support and he honoured that commitment; Marilyn had a part to play in the breakdown of that marriage and she was adamant that his children were taken care of. Financially, she knew what she was getting into. In addition, Miller was incurring almost daily legal costs with the drawn out proceedings of the HUAC which dragged on for nearly two years. Marilyn supported her husband during this process 100% and was proud that he had fought for his principles. She knew what this meant to their finances and as the main breadwinner during this period, her work supported the couple and their lifestyle.

He didn’t love her. From their first meeting, Marilyn and Miller set out on a long distance friendship that evolved into a deep and meaningful love affair. Marilyn sought support for her aspirations to be a dramatic actress and Miller found a woman who was emotionally intelligent, treated badly by the Hollywood system and wanted to be appreciated for all that she was; a serious actress and pupil, a wife and hopefully in time, a mother.

By the time the couple’s relationship had gone public, they had been meeting in secret for nearly a year, and the excitement of this private affair had so inflated the expectations they had of one another that they were almost in trouble from the start. As in many new relationships, they presented the best version of themselves to the other and as the marriage came under pressure from external forces, it was tested to breaking point. Miller found himself in the role of confidante, mentor and for some periods, carer and every decision he made revolved around Marilyn’s career and needs. He wanted to support her fully and as her distrust for others around her grew, she expected 100% loyalty and more and more of his time. When Marilyn discovered critical notes that Miller had made in his journal about her, the threads of trust began to unravel.

The most significant strain on the couple is so often overlooked but yet is so obvious. Marilyn desperately wanted children with Arthur, her two confirmed pregnancies ended in heartbreak in 1957 (an ectopic pregnancy that had to be terminated to save Marilyn’s life) and 1958 when they lost a baby approximately four months into her pregnancy. These tragic events occurred in an era when there was little support or understanding of the impact of miscarriage on a couples mental health and Marilyn suffered greatly. Her insomnia was out of control, her dependency on prescribed medication increased and she had at least three hospital admissions for corrective surgeries. This was to try and alleviate the symptoms of the painful gynaecological condition endometriosis, which was affecting her chances of conceiving and carrying a child. Miller sought help for Marilyn and encouraged her to see her doctors but on at least two occasions, he found her unresponsive after she had taken too much medication. After four years of marriage and Marilyn’s extra marital affair with co-star Yves Montand, Miller was exasperated and drained. He believed that the woman he loved was now beyond help and that he had failed her, he had failed to save her from herself.

Arthur Miller was not a saint. His behaviour towards Marilyn at times was ill judged and cruel. His remarriage so soon after their divorce and the news he was expecting a child must have been incredibly difficult for Marilyn but the reality was they had both moved on. The publication of his play ‘After the Fall’ came too soon after Marilyn’s death and despite his protests that Maggie was not a portrayal of Marilyn, the critics were divided. One could argue that Arthur was a writer and this was his outlet, but should he have published it? If Marilyn had lived, there may not have been a play at all and there is a possibility that the two may have become friends again as she did with Joe, but we will never know.

There was no public romantic gesture after her death as there was with Joe. However towards the end of his life, Christopher Bigsby, who was writing a book on Miller, was given access to some of his papers and to the man himself at the home he had once shared with Marilyn. Bigsby noted that Miller had kept five letters Marilyn had written to him during their courtship. However, the most poignant reminder of their time together hung in the garage; Marilyn’s bicycle was in the same place she had left it, some forty years before.

Is it fair to bash Arthur because he wasn’t Joe or can we accept that Marilyn made her own choices and loved and was loved in return?

As for the big question, did Miller really love Marilyn?

The best person to ask is Miller himself. “She was a whirling light to me then, all paradox and enticing mystery, street tough one moment then lifted by a lyrical and poetic sensitivity that few retain past early adolescence. It was an ironical summer that I will never forget, my soul only half there (at work) and exhilarated with life and at the same time ridden with guilt. I loved her as though I had loved her all my life; her pain was mine” “First of all I took her at her own evaluation; I thought she was a very serious girl, because I loved her. Because I took that view, she thought the best of her was in my eyes” “I too was struggling because I could not smash her enemies with one magic stroke, our own relationship was wounded because she was beyond my reassurance, she had no means of preventing the complete unravelling of her belief in a person once a single thread was broken” “Her incredible resilience was almost heroic to me now. Without discussion we both knew we had effectively parted and I thought a pressure had been removed from her, and for that much I was glad” “I realised now, as I longed for a miracle, that I had come to believe no analysis could reach into her. I had no saving mystery to offer her; nor could her hand be taken if she would not hold it out. I had lost my faith in a lasting cure coming from me, and wondered if indeed it would come from any human agency at all.” “There was a lot of pain, certainly for her, and certainly for me. It was a defeat. She was a super sensitive instrument and that’s exciting to be around. Until it starts to self-destruct” “The great thing about her to me, was that the struggle was valiant, she was a very courageous human being and she didn’t give up till the end” Sources: Timebends – Bloomsbury Publishing 1987 60 Minutes Interview – Arthur Miller. 1987 Arena Interview with the BBC – Arthur Miller

#marilyn monroe #arthur miller #immortal marilyn #article #research

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crestico · 5 years ago

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Treasury Yields Decline Following ECB Rate Cut Market opened today’s session with treasuries rallying across all maturities. 10-Year Treasury yield is at 1.7109, 2.76 bps decreased from prior closing of 1.7385. Stocks opened higher as the US agreed to delay the October 1st tariff increase to October 15th, which will affect about $250 billion in Chinese imports. The Dow Jones rose 57 points (0.20%) at the open, the S&P 500 gained 3.00%, and the Nasdaq Composite advanced 0.50%. The Dow and S&P 500 entered today's session less than 1.00% from record highs reached in July. The Dow also closed above 27,000 on Wednesday for the first time since July 30th while the S&P 500 broke above 3,000 for the first time since July 31st. The European Central Bank cut its deposit rate by 10 basis points and established a new bond buying program. Gold jumped 1.40% to $1,517.71 an ounce and silver advance to 0.80% to $18.27 per ounce. The yield on 10-Year Treasuries decreased 6 basis points to 1.68%, while the yield on 2-year Treasuries remained virtually unchanged. The US Treasury will offer $40 billion and $50 billion at its weekly auction of 8-week and 4-week bills, respectively. The Medical-Care Index rose 0.70% from the prior month. The report reflected a 1.90% monthly rise and 18.60% annual increase in health-insurance prices, along with increases in hospital services and non-prescription drugs. Also contributing to the core inflation gain were used-car prices, which were up 1.10% for a 3rd straight increase, while new vehicle costs dropped for a second month. Energy prices fell 1.90% from the prior month as gasoline dropped 3.50%. Food prices we unchanged for a third month, while apparel was up 0.20%. A separate report from the Labor Department showed average hourly earnings rose 1.50% in August from a year earlier, following 1.40% in July. The curve has bull-flattened with UST 10-Year yield down 2.76 bps. — view on Instagram https://ift.tt/2LMd4Hk

#Instagram #IFTTT

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your-dietician · 2 years ago

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U.S. stocks fall, but trade off lows, as inflation data crushes hopes Fed will slow rate rises

New Post has been published on https://medianwire.com/u-s-stocks-fall-but-trade-off-lows-as-inflation-data-crushes-hopes-fed-will-slow-rate-rises/

U.S. stocks fall, but trade off lows, as inflation data crushes hopes Fed will slow rate rises

U.S. stocks trimmed losses Thursday after the S&P 500 index fell below 3,500 for the first time since 2020, but remained down sharply after the September consumer-price index came in higher than economists had expected, reinforcing expectations the Federal Reserve will continue with large interest rate increases in coming months.

What’s happening

The Dow Jones Industrial Average DJIA, +1.97% was down 117 points, or 0.4%, at 29,098, after dropping nearly 550 points at its session low.

The S&P 500 SPX, +1.74% fell 34 points, or 1%, to 3,543.

The Nasdaq Composite slumped 178 points, or 1.8%, to 10,239.

The S&P 500 and Nasdaq were on track to extend losing streaks to seven days. The S&P 500 has dropped 25% this year as investors reacted to interest rate rises from the Federal Reserve.

What’s driving markets

One of the most closely watched economic data releases of the month, the year-over-year headline number for the September consumer-price index came in at 8.2%, down from 8.3%, but higher than the FactSet consensus estimate of 8.1%.

But it was the rise in the core CPI number, which strips out volatile food and energy prices, that got the blame for the selloff, posting a monthly rise of 0.6% versus a Wall Street forecast of 0.4%. The increase in the core rate over the past year climbed to a new peak of 6.6% from 6.3%, marking the biggest gain in 40 years.

“The market’s steep drop following the data may indicate any lingering hopes of a Fed hike slowdown have been crushed,” said Mike Loewengart, head of model portfolio construction at Morgan Stanley Global Investment Office.

See: Consumer prices jump again in September and CPI shows little letup in high inflation

The data sent Treasury yields TMUBMUSD10Y, 3.947% surging, with the yield on the 10-year note rising more than 15 basis points toward 4.06%.

Meanwhile, traders of Fed funds futures were pricing in 96.8% odds of a 75 basis point hike at the Fed’s November meeting, up from 83% earlier Thursday before the data were released.

In addition to expectations for another jumbo interest rate hike in September, investors were also cementing strong odds of another 75 basis-point rate hike in December, with odds in the Fed funds futures market rising to more than 60%. Assuming the Fed follows through with both, they would be the fourth and fifth 75 basis-point rate hikes of the year, respectively.

“Not only is the Federal Reserve going to raise rates by 75 bps next month, but there is now a possibility that they will raise rates by another 75 bps in December,” said Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, in emailed comments.

The September report is the seventh out of nine CPI readings this year to have topped expectations, according to Michael Brown, senior market analyst at Caxton. Hot CPI readings have been responsible for some of the biggest down days for the S&P 500 so far in 2022.

Rex Nutting: The best measure shows inflation has now fallen to the Fed’s target

The U.S. dollar also strengthened after the report, with the ICE U.S. Dollar Index DXY, -0.80% gaining 0.2%. Treasury yields surged, with the rate on the policy-sensitive 2-year note TMUBMUSD02Y, 4.442% up 16 basis points near 4.45%.

Investors also received a report on weekly jobless claims, which showed that the number of Americans filing for unemployment benefits has now increased during three of the last four weeks, although some of the rise was attributed to the impact of Hurricane Ian in Florida.

Companies in focus

Shares of Walgreens Boots Alliance Inc. WBA, +4.60% rose 1.7% after the drug store and healthcare services company reported fiscal fourth-quarter profit and sales that fell but topped expectations, and raised its long-term target for its U.S. Healthcare business.

Pfizer Inc. PFE, +2.38% and German partner BioNTech SE BNTX, +2.64% said Thursday that early data from a Phase 2/3 clinical trial of their omicron BA.4/BA.5-adapated bivalent booster showed positive results in treating individuals aged 18 and older. Pfizer shares rose 0.2%, while BioNTech’s American depositary receipts were down 0.6%.

Read the full article here

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bitcofun · 2 years ago

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Key Takeaways Crypto and international monetary markets are bracing for a hectic week ahead of the next FOMC conference, significant revenues reports, and the Q2 GDP report. Bitcoin and Ethereum trended down early Monday and look poised for volatility over the next couple of days. The leading 2 crypto properties are presently resting on essential assistance. Uncertainty is installing around Bitcoin and Ethereum ahead of today's Federal Open Market Committee. Upcoming incomes reports from America's 5 greatest tech business and other reports might affect crypto rates over the next couple of days. Bitcoin and Ethereum Brace for Volatility Volatility has actually struck the cryptocurrency market as speculation installs around a series of extremely prepared for conferences today. Of specific significance to crypto market individuals is the next Federal Open Market Committee, which is set up to occur on Wednesday, July27 The Fed is extensively anticipated to carry out another 75 basis points rates of interest trek in a quote to suppress U.S. inflation, which last month struck a 40- year high of 9.1%. A rate walking might incentivize some crypto financiers to offer of their holdings and take earnings as high interest environments tend to adversely affect risk-on properties. The U.S. gdp for the 2nd quarter of the year is likewise due to print this Thursday, which might trigger additional worries around the possibility of a U.S. economic crisis. The economy diminished by 1.6% in the very first quarter, and it's anticipated that today's reading will reveal a development of 0.5% in the 2nd quarter. If the development is slower than anticipated or another retraction is printed, it might be seen as another indication that the U.S. has actually gone into an economic downturn. Additionally, incomes reports from Apple, Microsoft, Alphabet, Amazon, and Meta might provide an indicator of the health of the U.S. economy, possibly resulting in volatility in worldwide and crypto markets. Ahead of among the busiest weeks of the summertime for crypto, Bitcoin dropped 3.7% early Monday. The leading cryptocurrency decreased from a high of $22,580, striking a low of $21,750 It has actually rebounded in the last couple of hours to strike $22,050 at press time, its next relocation stays uncertain. On the four-hour chart, Bitcoin's current activity is indicating an essential cost point. The Tom DeMark (TD) Sequential indication's assistance trendline at $21,700 requires to hold to prevent additional losses. If Bitcoin stops working to hold this level, it might suffer a downswing towards the 200- hour moving average at around $20,800 Bitcoin would likely need to slice through the 50- hour moving average at $22,700 to have a possibility of printing greater highs. Conquering this considerable resistance level can offer it the strength to retest its July 20 high at $24,290 BTC/USD four-hour chart (Source: TradingView) Ethereum has actually likewise begun the week at a loss, losing over 100 points in market price. The unexpected downswing pressed ETH to the lower border of a parallel channel at $1,500, where rates have actually been combining for the previous week. This essential assistance location need to hold to prevent activating a retracement to $1,360 ETH/USD four-hour chart (Source: TradingView) Based on the current rate action, Ethereum appears like it will require to print a four-hour candlestick close above $1,670 to advance even more. If it is successful, it would have much better opportunity of a breakout towards $1,850 Disclosure: At the time of composing, the author of this function owned BTC and ETH. For more essential market patterns, sign up for our YouTube channel and get weekly updates from our lead bitcoin expert Nathan Batchelor. The details on or accessed through this site is gotten from independent sources our company believe to be precise and dependable, however Decentral Media, Inc. makes no representation or guarantee

regarding the timeliness, efficiency, or precision of any details on or accessed through this site. Decentral Media, Inc. is not a financial investment consultant. We do not provide individualized financial investment guidance or other monetary suggestions. The details on this site undergoes alter without notification. Some or all of the info on this site might end up being out-of-date, or it might be or end up being insufficient or unreliable. We may, however are not obliged to, upgrade any out-of-date, insufficient, or incorrect details. You must never ever make a financial investment choice on an ICO, IEO, or other financial investment based upon the details on this site, and you must never ever translate or otherwise count on any of the info on this site as financial investment recommendations. We highly suggest that you seek advice from a certified financial investment consultant or other certified monetary expert if you are looking for financial investment recommendations on an ICO, IEO, or other financial investment. We do decline settlement in any kind for examining or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or products. See complete terms The Problem With the current Bitcoin Price Rally Bitcoin has actually experienced a considerable rate boost over the previous couple of days, however the motion seems driven by utilize as network activity continues to weaken. These conditions increase ... Ethereum Leads Bitcoin Into a Bullish Breakout Bitcoin appears like it wishes to overtake Ethereum after the second crypto's bullish rate action over the previous 3 days. While ETH has actually exceeded BTC, the top ... Tesla Sold 75% of Its Bitcoin in the Last Quarter Tesla now holds just $218 million worth of Bitcoin, below more than $1.2 billion. Just $218 Million in Bitcoin Left Tesla has actually offered the majority of its Bitcoin. In its ... Read More

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its-veso · 8 years ago

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Forex Weekly Outlook March 13-17

US PPI, Claimant Count Change, inflation data, Retail sales, Crude Oil Inventories, FOMC Economic Projections and Rate decision, Building Permits, Philly Fed Manufacturing Index, Unemployment Claims, Prelim UoM Consumer Sentiment, GDP data from New Zealand and Rate decision in Japan and the UK. These are the main events on forex calendar for this week. Join us for our weekly outlook to explore these market movers.

Last week US Nonfarm payrolls[1] was released showing the US labor market created 235,000 new jobs in February, beating forecasts of 196,000 gain. In addition, the unemployment rate declined to 4.7% in the first full month of President Donald Trump’s term. Average hourly earnings rose sharply by a 2.8% on an annualized basis. The total number of employed Americans surged by 447,000 to 152.5 million, the highest ever, leading the way for the Fed’s next rate hike next week.

Let’s start,

US Producer Prices: Tuesday, 12:30. US producer prices edged up 0.6%, recording their largest gain in four years due to increases in the cost of energy products, However, the strength of the dollar kept inflation tame. Economists expected a 0.3% rise. Despite this sharp gain, the PPI yearly growth remained unchanged at 1.6% as in the 12 months through December. Core PPI, a more reliable measure of underlying producer price pressures excluding food, energy and trade services increased 0.2% after gaining 0.1% in December. Producer prices are expected to rise 0.1% this time.

UK Claimant Count Change: Wednesday, 9:30. The number of Britons claiming unemployment benefits dropped in January by 42,400, following a revised decline of 20,500 in December. It was the sharpest decline since the fourth quarter of 2013. In the last three months, unemployment fell by 7000 to 1.6 million. The unemployment rate is the lowest since 2005 with a reading of 4.8%. The number of new unemployed in the UK is expected to rise by 3,200 in February.

US Inflation data: Wednesday, 13:30. The U.S. inflation jumped in January by 0.6%, the highest since February 2013, due to higher costs for gasoline and services indicating inflation is gaining momentum. This rise followed a 0.3% climb in December. Rising prices of energy clothing and new cars indicate inflation pressures are mounting amid healthy demand. Fed Chair Janet Yellen said that more interest-rate increases will be executed if inflation picks up and the labor market remains tight. US Consumer prices are estimated to remain unchanged while core inflation is expected to gain 0.2% in February.

US Retail sales: Wednesday, 13:30. Retail sales for January picked up matching the rise in consumer confidence with 0.4% gain, exceeding modest forecasts of 0.1%. Furthermore, December’s retail sales were revised higher to a strong plus 1.0%. Excluding automobiles, retail sales soared a sharp 0.8% in January which again topped estimates. This upbeat data points to a strong momentum for consumer spending, being the most important sector in US economy. Retail sales are expected to increase by 0.2% and core sales are predicted to rise 0.1%.

US Crude Oil Inventories: Wednesday, 14:30. U.S. crude oil inventories jumped to another record high, rising 8.2 million barrels in the week to March 3. Meanwhile, gasoline stocks have contracted by 6.6 million barrels, posting the largest one-week drop in nearly six years. Analysts expected crude stocks to rise by a mere 1.1 mlb. Crude stocks imports rose by 385,000 barrels per day while gasoline stocks fell by rising demand.

US FOMC Economic Projections and rate decision: Wednesday, 18:00. The Federal Reserve’s rate hike on December 14 was a near certainty but not so for its economic projections in light of the uncertainty surrounding the Trump administration’s fiscal policy. Fed Chair Janet Yellen noted that the U.S. central bank is “operating under a cloud of uncertainty at the moment” regarding impacts of the new government’s potential fiscal measures on the economy. The FOMC sees three rate hikes in 2017, instead of the two from September’s projections. But beyond 2017, the assessments are the same as in September. Regarding growth projections, the Fed sees a 2% rise, falling to 1.8% in the longer run. The unemployment rate is estimated to reach 4.5% between 2017 and 2019 before rising to 4.8 percent in the longer term. At Federal Funds rate meeting in March The FOMC is expected to raise rates again, however, this time the Fed will make the decision on its own accord with no pressure either from markets or from its own prior signals to push ahead with an increase.

New Zealand GDP data: Wednesday, 21:45. New Zealand economy expanded more than expected in the third quarter, jumping 1.1% amid strong consumer spending and construction activity. The reading beat analysts’ forecast of a 0.8% gain. This was the fifth straight quarter of growth at 0.7 percent or more. The annual pace reached 3.5%, fueled by robust population growth of 2.1%. Manufacturing grew 1.2% in the quarter and tourism exports and retail trade and accommodation services were boosted by a surge of tourists. The service sector, which makes up 70% of the economy, expanded 1.1% in the quarter. However, the participation rate declined slightly from 64.7% to 64.6%. Economists expect a growth rate of 0.7% in the fourth quarter of 2016.

Japan rate decision: Thursday. The Bank of Japan maintained its interest rates at minus 0.1% and the 10-year government bond yield to around zero%. The Central bank raised its growth projections for the fiscal year beginning in April to 1.5% from 1.3% in the previous month due to positive expectations for exports. Projections for growth in 2018 have also increased. BOJ Governor Haruhiko Kuroda reassured reporters saying U.S. President Donald Trump’s protectionist policy will boost growth in the US and around the world. Kuroda also said the 2% inflation target may take longer to achieve.

UK rate decision: Thursday, 12:00. The Bank of England maintained its benchmark rate at 0.25% and voted to continue its quantitative easing measures. The Central bank raised its forecasts for the UK economy, increasing the odds for a rate hike rather than a rate cut. The bank predicts the economy will grow 2% this year and the unemployment would be much lower than previously projected. Growth has remained resilient since the Brexit vote and policymakers expect growth to continue in the coming months.

US Building Permits: Thursday, 12:30. The number of building permits surged 4.6% in January to a rate of 1.29 million units, the highest level since November 2015 indicating the housing market will increase its activity in the coming months. Economists had forecast permits would remain at 1.23 million units. This positive data together with the tight labor market shows the economy continues to improve. The number of building permits is expected to reach1.26 million this time.

US Philly Fed Manufacturing Index: Thursday, 12:30. Philly Fed’s manufacturing activity survey exceeded expectations registering 43.3 for February, way above economists’ expectations of 18.5, jumping higher up from the 23.6 reading in January. This is the highest reading for the index since 1984 and the largest gap between the reading and expectations since 1998. The current new orders index increased 12 points this month. The exports index increased 8 points. Other broad indicators also corroborate growth. Manufacturing activity in the Philly area is expected to reach 30.2 in March.

US Unemployment Claims: Thursday, 12:30. The number of Americans filing new claims for unemployment benefits increased from a 44-year low to 243,000 in the week ended March. However despite the 20,000 rise the reading still remained at a healthy labor market conditions. Economists expected claims to reach 239,000 for the week. The four-week moving average of claims fell by 2,250 to 236,500. The positive reading shows the labor market is near full employment and is ready for another rate hike. The number of jobless claims is expected to rise to 245,000.

US Prelim UoM Consumer Sentiment: Friday, 15:00. Consumer confidence declined in February to a three-month low of 95.7 from 98.5 in January, down from a 13-year high, amid milder expectations on finances and the economy. The results reflected clear differences between Republicans and Democrats following the election of Donald Trump as president. Republicans registered sentiment about 40 points higher than Democrats, according to the survey. The current conditions index inched down to 111.2 from a reading of 111.3 in the prior month. Future expectations six months from now decreased to a three-month low of 85.7 from 90.3. Consumer moral is expected to increase to 97.1 this time.

That’s it for the major events this week. Stay tuned for coverage on specific currencies

*All times are GMT.

Further reading:

Get the 5 most predictable currency pairs[2]

References

^ US Nonfarm payrolls (www.forexcrunch.com)

^ Get the 5 most predictable currency pairs (www.forexcrunch.com)

from Forex Crunch http://feedproxy.google.com/~r/ForexCrunch/~3/LPUNzJ170zc/

#Forex News #Forex Crunch

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skrisiloff · 8 years ago

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Tax reform could transform the economy

Each week we read dozens of transcripts from earnings calls and presentations as part of our investment process. Below is a weekly post which contains some of the most important quotes about the economy and industry trends from those transcripts. Click here to receive these posts weekly via email.

Earnings season really kicks off next week, but there were a few companies that reported this week that had interesting things to say. We also reached back into last week for some calls that we missed while we were on hiatus.

Overall optimism about the economy is running high. Corporations and the stock market are especially excited about the prospect of lower corporate taxes. However, not as many people are focused on the other side of tax reform. House Republicans have proposed a “border adjustment” tax as part of their tax plan. The border adjustment tax would prevent companies from deducting foreign COGS from their taxes. If it passes it could be a major paradigm shift for the current structure of the economy and redesign the global supply chain. However, it could take some time before tax reform is addressed. Obamacare is apparently up first.

The Macro Outlook:

Companies are excited about tax reform

“I could spend all day on tax reform. Maybe I’ll hit two of the things that obviously we find very, very positive in terms of some the items being proposed now…the lowering of the corporate tax rate would be a good thing…And then the other one is obviously what they’re talking about relative to overseas earnings and repatriation…For us, this is potentially a really big positive…It gives us huge capital firepower as a corporation for all of the things that we talked about, to return capital to shareholders; to do strategic business development; to invest in our business. It’s a huge potential positive for us.” —Pfizer CFO Frank D’Amelio (Pharma)

All things equal, lower taxes mean higher valuations

“I hope everyone walks away and has the same concept that we do that lower taxes are definitely a good thing in relation to our company and the valuation of our company. The base concept that a…lower tax rates drive higher future net income and enhance cash flows is a very solid concept and should lead to an increase in value.” —KB Home CEO Jeff Mezger (Homebuilder)

But there are going to be other taxes too

“You want to move your plant and you think, as an example, you’re going to build that plant in Mexico and you’re going to make your air conditioners or your cars or whatever you’re making, and you’re going to sell it through what will be a very, very strong border — not a weak border like it is — we don’t even have a border. It’s an open sieve. But you’re going to sell through a very strong border — not going to happen. You’re going to pay a very large border tax. ” —President Elect Donald Trump (Government)

Republicans have already proposed a “border adjustment” tax

“One specific aspect of a proposed Republican tax reform plan called border adjustability could potentially disallow a deduction for foreign sourced COGS or cost of goods sold…we are told that other companies that should be concerned about this are just waking up to the whole matter” —Constellation Brands CEO Robert Sands (Beverage)

This would be a major change

“this sort of tax reform really isn’t about just setting up back office accounting departments to manage the new tax code. This kind of tax reform would require a time horizon that would allow companies to change their entire supply chain.” —Constellation Brands CFO David Klein (Beverage)

A huge percentage of many companies’ COGS are foreign sourced

“right now our U.S. based component of our beer COGS, inclusive of freight, is about 40%. I mean 60% of the COGS is from Mexico.” –Constellation Brands CEO Robert Sands (Beverage)

“about 12% to 15% of our cost of goods sold comes directly from outside the U.S. And we believe that…U.S. purchases that are actually foreign sourced it’s roughly about 40%.” –MSC Industrial CFO Rustom Jilla (Industrial Distributor)

You could turn the whole supply chain on its head

“Some of the things being talked about are pretty exciting in terms of the combination of tax and incentives for exports. So you could just turn the whole supply chain around and it could be a big win for some companies that have experienced in international trade.” —Greenbrier Companies CEO Bill Furman (Railcars)

Ultimately it’s too early to say what the tax system will look like

“In any case we will not have a new tax system tomorrow morning, it will take months and we will have time to see how this will shape over time…now it’s too early to distract how people – to do things, which should probably will never happen before the end, the mixture will be completely different.” —Walgreens Boots Alliance CEO Stefano Pessina (Pharmacy)

Obamacare is probably going to be prioritized over tax reform anyways

“I mean it’s probably a year off at best…We can only tell you what our legislators have been telling us, right. But the first thing that’s going to happen in Congress, which you are seeing right now is Obamacare…So Congress has a lot on its plate right now. And to work through all of the details and get [tax] legislation like that passed, well, Congress is telling us it’s going to be a while in any event. And it is clear cut and again this is literally what we have been told by the leaders that Obamacare is the first thing on their plate…And that’s going to take a while.” —Constellation Brands CEO Robert Sands (Beverage)

Meanwhile the industrial economy continues to stabilize

“the environment…is showing potential signs of stabilizing. We’ve also seen increased optimism from our customers over the past couple of months” —MSC Industrial CEO Erik Gershwind (Industrial Distributor)

“I think since the election, there is a lot more activity in positioning by major customers who might have been on the sidelines” —Greenbrier Companies CEO Bill Furman (Railcars)

The improvement is broad based and a long time coming

“It has been at least three years since we’ve seen anything resembling this…This stabilization has been pretty broad…machine and equipment folks, primary metals, metal fabrication. All of those are seeing an improvement over the last couple of months. I think some of that is driven by oil and gas” —MSC Industrial CEO Erik Gershwind (Industrial Distributor)

Trump wants to create jobs

“We’re going to create jobs. I said that I will be the greatest jobs producer that God ever created. And I mean that, I really — I’m going to work very hard on that. We need certain amounts of other things, including a little bit of luck, but I think we’re going to do a real job. And I’m very proud of what we’ve done.” —President Elect Donald Trump (Government)

But labor markets have tightened

“One of the major issues in America will be the labor pool. If we create more jobs in America where will the labor come from, because many factories in America today are having trouble filling slots for workers.” —Greenbrier Companies CEO Bill Furman (Railcars)

Tight labor markets are a precursor to inflation

“The industry continues to face cost pressures due to a shortage of labor within a subcontractor base. For 2016, our cost to build increased about 4.8% versus the prior year, roughly $5,000 per house. And we were able to cover most of these cost increases with higher prices” —KB Home CEO Jeff Mezger (Homebuilder)

International:

Rex Tillerson sees China as sometimes a friend, sometimes and adversary

“China’s economic and trade practices haven’t always followed commitments to global agreements. It steals our intellectual property and is aggressive and expansionist in the digital realm….China has proven a willingness to act with abandon in the pursuit of its own goals which at times put it in conflict with American interests…but we need to see the positive dimensions in our relationship with China as well. The economic well being of the two nations is deeply intertwined…We should not let disagreements over other issues exclude areas for productive partnership” —Secretary of State Nominee Rex Tillerson (Government)

British consumers are feeling fine about themselves, but down about the economy

“The consumer Brexit I think I’ve said over the last quarter has been sort of fairly stable at the top level. It’s bubbling around, consumers have actually felt quite good about themselves. But what I think is interesting, I think GfK highlighted this, is that what happened during the course of November and December was consumer confidence in the forward-looking economy came down substantially. And I think that there is this discrepancy in how they feel about themselves versus the economy and we’re not sure how that’s going to mature, but you will expect that much to mature over the next quarter.” —Marks and Spencer CEO Steve Rowe (UK Retail)

Financials:

Higher interest rates have not affected real estate markets yet

“Rates did pick up in November, they’ve kind of paused right now from that initial 50 basis point. And I heard some anecdotes about buyers moving to lock quickly that hadn’t locked. I’ve heard one story of a buyer who purchased now because of concerns that rates would go up. But in terms of our overall backlog…we really haven’t seen or heard anything yet on the rates having an impact yet.” —KB Home CEO Jeff Mezger (Homebuilder)

Consumer:

E-commerce customers tend to be more loyal

“Yes, our experience so far with our e-commerce customers is that they buy more, they have bigger baskets and they shop more often…and they also skew higher on our private label assortment that it really goes to the loyalty of that shopper.” —Supervalu CFO/CEO (Grocery Store)

Technology:

Monsanto hopes to have gene edited (CRISPR) products by the middle of the next decade

“So, I think first of all as you recognize there is a variety of gene editing tools. There is protein base. There is nucleic acid base. And just in the last few weeks, there has been a couple of publications on two brand new gene editing systems that have been discovered. In any case, what these tools allow you to do is to go in and precisely change basically any base pair or any gene in the crop. And so there are very powerful tool for making precise changes…I think they will allow us to further accelerate that rate of gain…we are now fully utilizing these tools and certainly by the beginning or middle of the next decade we will see these gene-editing products work their way into the marketplace. Really an exciting technology” —Monsanto CTO Robb Fraley (Agriculture)

Healthcare:

Trump singled out the Pharma industry in his press conference

“We’ve got to get our drug industry back. Our drug industry has been disastrous. They’re leaving left and right. They supply our drugs, but they don’t make them here, to a large extent. And the other thing we have to do is create new bidding procedures for the drug industry because they’re getting away with murder. Pharma, pharma has a lot of lobbies and a lot of lobbyists and a lot of power and there’s very little bidding on drugs. We’re the largest buyer of drugs in the world and yet we don’t bid properly and we’re going to start bidding and we’re going to save billions of dollars over a period of time.” —President Elect Donald Trump (Government)

But there’s no need to panic

“probably the outcome will be quite rational and at that time we will be able to organize ourselves and prepare our business to respond to the new environment. We don’t have to be taken by panic, just because the rules, mainly rules – the rules are changed. We have to wait for the changes and after rationally we will decide how to react without panicking.” —Walgreens Boots Alliance CEO Stefano Pessina (Pharmacy)

Pfizer’s CFO argues that our drug spending isn’t that out of step with other countries

” we don’t anticipate any major changes in how we do drug pricing…if you look at healthcare as a percentage of GDP, in the U.S. it’s about 17%. Of that 17%, about 2% is prescription drugs. If you compare that to the OECD countries, healthcare as a percentage of their GDP is about 6% to 7%, 1.5% of that is prescription drugs. There is not some big disconnect or big difference between what we spend on prescription drugs as a percentage of…GDP and what the OECD countries do.” —Pfizer CFO Frank D’Amelio (Pharma)

Industrials:

GM expects auto sales to plateau here

“we expect to see another strong year in 2017 from a US industry perspective. We had another record year in 2016. We think we are going to plateau at these kinds of strong levels. I think the fundamental drivers of what’s been driving the industry may change a little bit from a kind of credit driven tailwind into more of economic growth GDP type growth tailwind over the next number of years. Is there upside to the industry? Perhaps” —GM CFO Chuck Stevens (Automobiles)

Full transcripts can be found at www.seekingalpha.com

#$GM #$PFE #$MON #$SVU #$GBX #$MSM #$WBA #$STZ

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dorothydelgadillo · 6 years ago

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3 Reasons Sales Professionals Are Stressed Out & How to Fight Back

Changing business landscape. New technologies. Complex buying processes. Ever-rising goals. The list goes on and on.

It’s all too easy to let your job as a sales professional define who you are. One bad day or missed quota can influence your attitude and outlook towards all other aspects of your life -- but it doesn’t have to.

Yes, that’s a lot easier said than done, but just like anything in sales, it takes consistent effort and practice.

The first step is acknowledging there’s no quick fix to fighting anxiety and stress.

You need a long-term plan for improving the way you process and move forward from difficult circumstances in general and day-to-day sales pressure in specific.

We’ve outlined three common stress triggers salespeople experience on a daily basis and identified what you can do to manage these triggers more effectively in order to minimize your overall stress and anxiety towards your job.

So, what’s stressing salespeople out?

Reason #1: Prospecting

One of the main stress triggers of being in sales comes from a lack of leads and the pressure to continually find new prospects to fill your pipeline.

In fact, more than 40% of salespeople say prospecting is the most challenging part of the sales process, followed by closing (36%) and qualifying (22%) (HubSpot).

How can you manage it?

Leverage Your Digital Media Skills

Social Selling

Most salespeople still depend on cold calling or emailing despite its ineffectiveness in today’s information-rich economy where decision makers can build a virtual wall around themselves with technology.

Relying on only this approach is a set up for let down and failure.

When you’re unable to reach the person you want, or you’re able to connect but quickly get rejected, it’s easy to become frustrated and overwhelmed.

Instead of fighting an uphill battle, make it easier for yourself by leveraging the power of social selling.

Social sellers attract 45% more opportunities than their peers, are 51% more likely to achieve quotas, and outsell their non-social counterparts 78% of the time. (LinkedIn)

Bottom line: Sales reps sell more by using social media.

TRY THIS:

Provide value and build your credibility by sharing relevant content on social media.

This could be content you create or content created by someone else. The key here is to add your own voice and perspective to what you’re sharing.

Why do you think it’s important to your audience? What should they take away from the content?

Social selling is about building a connection with your audience before they buy your product or service.

It’s about providing resources that let prospects and customers know they can come to you not only for information about your product but also for information on industry trends and general education.

Sales and Marketing Automation

Mitigating stress requires one of two things: less pressure or more resources. Those resources might be mentors, education, or tools to help alleviate busy work.

Automation software and tools in particular can save you huge amounts of time (thereby relieving some stress) and also elevate the nature of your work so that you're more engaged.

Sales automation software takes the manual, time-consuming tasks you do on a daily, weekly, or monthly basis and automates them.

Automation drives a 14.5% increase in sales productivity, according to a study from Nucleus Research and this isn’t at the cost of increased resources, but in fact the opposite – the same report also found that companies using automation enjoyed an average 12.2% reduction in marketing overheads.

Bottom Line: Sales and marketing automation increases your efficiency, improves accuracy, and accelerates your sales process.

TRY THIS:

LinkedIn Sales Navigator automates sales prospecting by sifting through leads on LinkedIn and identifying relevant prospects.

It provides the Lead Builder, an advanced search box that lets you filter LinkedIn users by company, job title, industry, seniority, years of experience, location and more.

You can also choose to get email alerts every day, week, or month. You’ll then receive a prequalified list of prospects on a recurring basis without lifting a finger.

This allows you hone in on prospects very quickly and prioritize where to invest research and calls.

Reason #2: Time

Selling is a busy job.

You’re constantly juggling activities like finding leads, meetings, creating proposals, and sending follow up emails.

It just never seems like there’s enough time to get everything done yet all you do is work, work, work.

Truth be told, one in two salespeople said friends and family told them they work too much and if that’s not bad enough, one in three salespeople say their job negatively impacts their personal life and admit to having no work-life balance. (HubSpot)

Sounds like a personal and professional break down waiting to happen, but since you can’t add more hours to the day, what can you do to work smarter, not harder?

Focus On Attention Management, NOT Time Management

In this recent NY Times article, author Adam Grant shares a compelling point-of-view about our relentless search for how to increase productivity by managing time more effectively.

He goes on to highlight how our obsession with this is actually part of the problem.

He argues that instead of focusing on time, we must shift our mindset to attention management.

“A better option is attention management: Prioritize the people and projects that matter, and it won’t matter how long anything takes.

Attention management is the art of focusing on getting things done for the right reasons, in the right places and at the right moments.”

We aren’t telling you to stop paying attention to how long you spend on things, but we are saying you should start thinking differently about what you work on and why.

You can adopt this approach by considering these questions:

Why are you working on this task?

You might say because I have to, but let’s put that aside for now.

Identify at least one positive reason you’re completing a task or working on a project.

If you really pay attention to why you’re excited or that one positive thing about the project and who will benefit from it, you’ll be naturally pulled into it by intrinsic motivation.

For instance, writing a sales proposal may not excite you but if you focus on the positive aspects of this activity, you’ll find it less stressful.

Perhaps the positive here is that you can put your creative thinking to work.

Where are you working on this task?

Attention management also involves noticing where you get things done.

Consider these scenarios:

Working from a loud, crowded coffee shop versus a quiet, open office space or working on a bright sun shining day versus a dark dreary day.

Which of these situations would you choose to get your work done?

Believe it or not, where your work influences the quality and quantity of your work.

In fact, a series of studies led by Julia Lee show that bad weather is good for productivity because we’re less likely to be distracted by the thought of going outside.

Reconsidering your workspace may unlock a path to more focused attention.

When are you working on this task?

Based on strengths and weaknesses as well as likes and dislikes, we have a tendency to assign levels of interest to the activities we need to accomplish.

While some of those things you probably like doing and are good at, others you may dislike and aren’t very good at.

Pay very close attention to your interest and enthusiasm towards various tasks and arrange your schedule accordingly.

When you start with a task you find interesting, it makes completing a boring task immediately afterward that much harder.

So, if you’re trying to power through a boring task, do it after a moderately interesting one, and save your most exciting task as a reward for afterward.

It’s not about time; it’s about timing.

As you consider how to arrange your schedule to maximize sales results, stop thinking about how to manage your time to get more done and instead draw from the positive energy you will gain when you dedicate your full attention to the job at hand.

Bottom line: Practicing a more mindful, attention driven approach to your daily activities by eliminating distractions and focusing on why, where, and when you do things will help reduce stress and anxiety.

Reason #3: Results

Sales is a “what have you done for me lately” kind of job.

Your customers have an ongoing desire for innovation, new product colors and sizes, better pricing, faster service, etc. That means you have to keep producing, constantly, in order to not only succeed in your job but to keep it too.

To add insult to injury, 77% of executive buyers claim salespeople don’t understand their issues and where they can help, and 78% claim salespeople do not have relevant examples or case studies to share with them. (Forrester Research)

How can you manage it?

A Commitment to Personal and Professional Development

One of the most important parts of your life, whether professional or personal, is to take the time to learn. To sharpen your skills and increase your knowledge.

If you do not take time out of each day to work on self-improvement, your effectiveness will slowly but surely fall of and your ability to adapt to changes will fade away.

Think about it, if you drove your car every day but never took the time to make sure the tires are properly inflated, that the oil was frequently changed, and that the scheduled maintenance was completed, how long would your car keep running?

Eventually, your car would experience a serious issue.

Your body and your mind are the same. Neglect your body, and your energy levels will suffer.

Never take "mental health breaks" or neglect to feed your mind with new ideas, thoughts, and challenges, and you'll either never keep up with the inevitable changes in your industry of burn out under the stress of the daily grind.

There are a lot of different methods for improving your performance through ongoing development and training, but here are a few simple ways to get started, examples included:

Join relevant LinkedIn Groups:

Sales Best Practices

Sales 2.0

…and the list goes on.

Go to Industry Conferences:

SiriusDecisions Sales Leadership Exchange

INBOUND

…and others

Read Sales Blogs:

HubSpot

Sales Hacker

…and more

Read Sales Books:

The Psychology of Selling by Brian Tracy

To Sell Is Human by Daniel H. Pink

…plus so many more here and here.

Live and Online Training:

LinkedIn Learning

Digital Media Training

…and more options to fit your needs.

Sales is a high-pressure job with a lot of rejection. It can lead to frustration and lack of motivation.

Education and sales training, however, gives you the opportunity to keep yourself and your sales team motivated through team-building activities and morale-boosting workshops. It encourages information sharing and meaningful discussions among the team.

Bottom line: Education and training also helps inspire new ideas and spark creativity. It helps introduce new ways of thinking about old problems, or how to apply new ideas to a unique sales opportunity or as a way to adapt your current sales process.

Sell More, Stress Less

Pressure to hit targets and deliver results all while keeping a smile on your face and your life in balance causes emotional stress even for the most cool, calm, and collected among us.

Always remember, it usually isn’t until times of difficulty or challenge that people find their inner selves and really begin to excel and succeed in life.

If you’re finding sales to be challenging right now, realize that this may be your cue to change what you’ve been doing and learn new and better ways of selling.

Stress is a major part of salespeople's lives, but it's not something the industry often talks about.

Identifying different types of stress and breaking them down into actionable items is how salespeople can stay motivated, focused, and most importantly, in a healthy state of mind.

Don’t stop here, you’re on a roll. Keep going! Get our guide for more tips and tricks of the sales trade.

from Web Developers World https://www.impactbnd.com/blog/reasons-sales-professionals-are-stressed-out

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