Blogs y opiniones de economia en ingles

Related Stocks: NOBL, JHML, PWB, QGRO, GSIE, AVUV, VTI, VWO, VGK, IEMG, ITOT, IEUR,

Related Stocks: CSX, HYD, RSP, EMB, PGX, IHI, ESG, VSGX, FTGC, ILMN, WRK, SHOP, BABA, SHM, XLB, QCOM, MO, MMM, DUK, GME,

Related Stocks: GOED, GILD, COP, CSX, BELFB, MP, BBH, VSCO, FISV, RGA, VYMI, IR, BELFA, VTRS, MIC, UNM,

Adapt or die.

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Q3 2021 hedge fund letters, conferences and more

That was the tough choice facing many small businesses when COVID-19 hit.

It was truly survival of the fittest.

The good news is millions of American entrepreneurs rose to the occasion.

According to CNBC, a record 4.3 million new business applications were processed last year. And 77% of those were online businesses!

Meanwhile, millions of existing mom-and-pop shops rapidly retooled to do business on the internet.

• As regular RiskHedge readers know, “entrepreneur stocks” made this possible.

Entrepreneur stocks help small companies set up and grow online. They’ve been lucrative investments since the pandemic struck.

Next-Gen Cloud Computing Stocks: Shopify

Shopify Inc (NYSE:SHOP) helps businesses set up and run online stores. It has rallied 226% since April 2020.

Square

Square Inc (NYSE:SQ) helps small businesses accept payments online. It has surged 355% over the same period.

Etsy

Etsy Inc (NASDAQ:ETSY) gives artists and creators a marketplace to sell custom crafts. It has soared 243% since the March 2020 COVID crash.

• But the biggest game-changer for small businesses has been the rise of “cloud computing for the little guy”…

In a nutshell, cloud computing lets companies access powerful software over the internet without paying a fortune.

Cloud computing stocks aren’t new. But most well-known cloud computing platforms, like Amazon Web Services and Microsoft’s Azure, are geared toward large enterprises.

I’m more interested in cloud computing companies that help little companies… simply because the untapped potential is huge.

Small- and medium-sized businesses employ 60 million people in the US. They also make up 99.9% of all registered companies.

But until COVID, almost none of them were online.

A recent Bloomberg study found only half of small businesses have websites. Even fewer have ever sold anything online!

Meanwhile, the huge benefits of moving to the cloud make it a no-brainer for most companies...

Deloitte found that small businesses that use the cloud grow 26% faster than ones that don’t.

That same study found 69% of companies plan to increase spending on cloud computing in the next three years.

Despite all this, most small companies haven’t moved to the cloud yet. A study by McKinsey confirms most companies only have about 20% of their workflows happening on the cloud.

In other words, there’s hypergrowth potential for cloud computing companies that focus on small businesses...

Intuit

Consider Intuit Inc. (NASDAQ:INTU)…

Intuit isn’t exactly a household name. But many small businesses couldn’t live without this company. It owns the credit score–tracking company Credit Karma and budget-tracking company Mint.

It also owns the tax-preparation company TurboTax and accounting software QuickBooks. And it recently acquired MailChimp to help small businesses with email marketing.

If there were a stock market Hall of Fame, Intuit would be a shoo-in. It’s returned over 20,300% since it IPO’d in March 1993. That’s enough to turn every $1,000 into $203,300.

HubSpot

Then there’s HubSpot Inc (NYSE:HUBS). Like cloud computing pioneer Salesforce (CRM), HubSpot helps businesses find, engage, and convert customers. Unlike Salesforce, HubSpot focuses on helping smaller companies.

HubSpot has rallied 77% this year and 2,500% since it went public.

I’m expecting even bigger returns out of stocks like these in the years to come.

Bill.com

• This is why I recently recommended Bill.com Holdings Inc (NYSE:BILL)…

Bill.com helps small businesses simplify payments with a solution that is automated, digital, and cloud-based.

Bill has surged 1,070% since it went public on December 12, 2019, and 66% since I encouraged my subscribers to buy it in June.

Bill continues to look like a market leader. However, there’s a strong possibility it will trade a little choppy until the broad market gets back on track. So, I’d like to see more confirmation of strength before I recommend buying more shares.

But companies like Bill.com will continue to thrive… because it’s never been more important for small businesses to operate on the cloud.

Keep your eyes on the cloud software stocks helping the little guys—that’s where the biggest profits will be found.

The Great Disruptors: 3 Breakthrough Stocks Set to Double Your Money"

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Article By Justin Spittler, Mauldin Economics

Updated on Oct 14, 2021, 2:27 pm

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Thanks for these posts comparing US housing values to other countries. I have long been frustrated by the narrative that current housing is less affordable than decades past… a position that is clearly false once you adjust for home sizes and interest rates. However, I didn’t realize just how much more expensive most other developed countries are, aside from the obvious cities that are always mentioned.

After looking a bit into the demographics of these various nations, I wonder how much age distribution will play in home values in the next 10-20 years. The US has a relatively low age dependency ratio, and in particular old age dependency. However, that has been rising recently and will continue rapidly over the next 10-15 years.

The chart you posted in another post shows Italy and Germany lagging in appreciation for the last couple decades. However, they’re still relatively expensive. Did they experience high appreciation while their population was quicly aging decades ago? Once the aging began to plateau, perhaps that’s when housing began to struggle there.

Bringing this to the US, will we see rapid appreciation for the next decade or so (esp in places like FL, AZ, SC, GA, TX) as the Baby Boomers continue to retire? Then once that begins to level off a bit, might we see housing struggle for awhile similar to Italy and Germany? This seems ripe for significant wealth building by Gen X and Millennials, possibly compounded by inheriting the correlated home equity wealth from their parents as the Baby Boomers hit their 80s and 90s.

Related Stocks: CTAS,

Barry Ritholtz, a Bloomberg Opinion columnist, talks Bitcoin and Banks with Bloomberg’s Tom Keene and Lisa Abramowicz on “Bloomberg Surveillance.” Ritholtz’s opinions are his own.

 

Ritholtz Says to Think of Bitcoin as a Specific Company

Source: Bloomberg

 

The post Think of Bitcoin Like a Company appeared first on The Big Picture.

Boyar Value Group commentary for the third quarter ended September 30, 2021.

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Q3 2021 hedge fund letters, conferences and more

“Cryptocurrencies, regardless of where they’re trading today, Will eventually prove to be worthless. Once the exuberance Wears off, or liquidity dries up, they will go to zero. I wouldn’t recommend anyone invest in Cryptocurrencies.” – John Paulson

Stock market investors have a laundry list of worries these days, from partisan bickering over the infrastructure package and a massive social and climate spending bill (amid a high-stakes game of political chicken over the debt ceiling) to supply chain disruptions and a spike in the costs of critical commodities. Geopolitical tensions are escalating between the United States and China—which is undergoing a significant regulatory crackdown—and question marks surround the future of interest rates and the consequences of a future Fed taper. And that’s to say nothing of the coronavirus!

So it’s no surprise that investors are on edge—we’re getting depressed just reading through the list. Yet volatility in 2021, measured by how much the S&P 500 has decreased from its all-time high (~5%), has been tame. (According to David Lebovitz, a global market strategist with JP Morgan, the average peak-totrough decline for the S&P 500 over the past 41 years has been 14.3%.)

In fact, until September, the S&P 500 was regularly charting new all-time highs, at ~54 and counting. But then the stock market got spooked, with the S&P 500 suffering its worst monthly performance (down 4.65%) since March 2020 and its worst September performance since 2011 (during the European debt crisis). Worse, all but one sector was in the red, with Energy the only advancer. Despite a 4.65% September loss, the S&P 500 eked out a 2% gain for the quarter, marking the sixth consecutive quarter of advances. But its 227 days without a 5% drop from the high ended on September 29—the seventh-longest such streak on record, Jacob Sonenshine of Barron’s tells us. The Dow and the Nasdaq were less fortunate, with their fivequarter winning streaks ending after respective falls of 4.2% and 5.31% in September. The Dow declined by 1.46% for the quarter, and the Nasdaq fell by 0.38%.

Historically speaking, a September decline in the S&P 500 isn’t surprising: the past 100 years have seen 89 monthly drops of more than 5%. Felice Maranz of Bloomberg notes that September and October have accounted for 12 of the 26 times the market has dropped by more than 10% in a month. Encouragingly, these 26 drops were followed by subsequent 12-month gains on 16 occasions (for an average gain of 6.8%).

Bond yields also began to increase (the 10-year Treasury went from 1.18% to 1.61% in less than 3 months), which dragged down technology shares. Higher yields on long-term risk-free investments make future profits less valuable, harming many tech company valuations, which are often based on expectations of significant profits many years down the line. Since technology companies are weighted heavily in the S&P 500 (nearly 28%, or more than 2x the weighting of the next-largest sector, Health Care, at 13.3%), the index dropped quite a bit more than the average stock did. (In September the S&P 500 index declined by 4.65%, while the S&P 500 equal-weighted index fell 3.90%.)

The S&P 500 finished 3Q 2021 selling for 20.3x earnings (fwd.) versus 19.2x at its February 19, 2020, pre-COVID peak and 13.3x at its March 23, 2020, pandemic low. Since the March 23 bottom, the S&P 500 has gained well over 90%. By most traditional valuation measures (price to earnings, price to book, price to free cash flow, etc.), the S&P 500 is historically overvalued.

Overvaluation against historical averages does not mean that investors should avoid equities, because extraordinarily low interest rates make prior valuation comparisons less meaningful. More important, at The Boyar Value Group, we don’t buy “the market”; rather, we purchase, and hold, businesses that sell far below our estimate of their worth. It might be especially hard uncovering bargains right now, but we’ve identified quite a few businesses selling at attractive levels even so.

What’s Been Driving Share Price Returns in 2021?

None of the 11 S&P 500 GICS sectors had standout performance in 3Q 2021, with 4 in negative territory and 1 flat (Consumer Discretionary). The biggest gainer, Financials, advanced a mere 2.7%. (For comparison, last quarter’s biggest gainer, Real Estate, advanced 13.1%.) By the end of 3Q, no sector was in negative territory YTD, and the best-performing sector by far was Energy (+43.2%). However, its low weighting in the S&P 500 (2.7%) gave it little effect on the index’s return, and its fantastic rise should be viewed in context, following as it did a loss of 37.3% in 2020. Other notable gainers thus far in 2021 have been Financials (+29.1%), Real Estate (+24.4%), and Communication Services (+21.6%). Interestingly, according to JP Morgan, since the market bottomed in March 2020, the S&P 500 had advanced ~97.3% as of September 30, 2021—leaving the index “only” ~30.6% above its February 2020 peak.

The FAAMG stocks (Facebook, Apple, Amazon, Microsoft, and Alphabet—formerly Google), which have seemingly been leading the market ever upward, have struggled lately. Since their September peak, they have lost ~9%, or nearly $1 trillion, in market value. Due to FAAMG’s heavy weighting in the S&P 500 (~22%), if this area of the market continues struggling, the S&P 500 likely won’t perform well. Even so, we think there could be plenty of opportunities to make money investing in companies that have lower index weightings and/or that are outside the major indices.

Some of the biggest “pandemic winners” are struggling too, with shares in Zoom Video Communications Inc (NASDAQ:ZM), Peloton Interactive Inc (NASDAQ:PTON), and Teladoc Health Inc (NYSE:TDOC) down 24%, 43%, and 34%, respectively, in 2021. (Though it’s worth noting that each company’s share price is trading significantly higher than before the pandemic.) One pandemic standout that has continued to soar throughout 2021 is vaccine maker Moderna, whose shares are up 192% in 2021 and up over 1,000% since March 2020.

In hindsight, many signs of an imminent pullback were present. Market sentiment, for example, was very bullish (usually a contrarian indicator). At the beginning of August, two-thirds of JP Morgan clients surveyed were planning to increase their stock exposure in the coming weeks. A recent Bank of America gauge that tracks levels of optimism among market strategists was at a postcrisis high, and as of mid-August, 56% of all Wall Street analyst recommendations on S&P 500 index components were buys, the highest figure since 2002. However, we aren’t market timers. That’s because we know that trying to pinpoint the exact start of a market correction is a fool’s errand that impedes long-term results by prompting more trades (making results less tax-efficient) while removing the chance to make spectacular gains with companies that may be temporarily overvalued based on current earnings but that still have great long-term potential. When selling a high-quality company that has temporarily gotten ahead of itself in terms of valuation but that has excellent future growth prospects, knowing when to repurchase shares is extremely difficult, because the company’s share price often never drops enough to tempt investors into buying it again. So if you sell early to lock in a profit, anticipating a future correction, your profit on a well-timed sale might short-change you on future outsized gains.

Reasons for Optimism

According to Bloomberg, the final quarter of the year has been the strongest quarter for stocks since 2001, with an average increase of 4.1%. If history is any guide, 4Q 2021 could be a good quarter: 412 members of the S&P 500 are heading into it with gains for the year, the third-highest figure during the past 20 years. During that same period, each time 400 or more stocks have been positive through 3Q, the S&P 500 has produced a gain for 4Q.In another potentially bullish sign for stocks, cash holdings among S&P 500 companies hit $1.8 trillion in August 2021, as reported by Dow Jones Market Data—an increase of almost 30% from 3Q 2019. According to recent research by Goldman Sachs cited by Hardika Singh in a Wall Street Journal article, corporate America seems unlikely to be hoarding this cash, with S&P 500 companies expected to increase cash spending to $2.8 trillion in 2021 (mostly on capital expenditures, mergers, and business investment). Corporations also seem willing to buy back their own shares, having collectively authorized ~$870 billion in share repurchases thus far in 2021, $50 billion ahead of the record set in the first 9 months of 2018. If they deploy this capital wisely, share buybacks could buoy share prices in the short run, with capital investments spurring long-term earnings growth.

What Does TINA Have to Do with the Stock Market?

TINA, meaning “there is no alternative,” has become a popular catchphrase among investors, used to express the idea that stocks should continue doing well simply because interest rates are so low as to leave investors few investment options to produce an adequate rate of return. With the 10-year Treasury yielding ~1.6% and municipal bonds yielding ~1.17%, investors certainly are lacking attractive traditionally “safe” investment opportunities! Interest rates are so low that even the yields on some risky European junk bonds don’t earn any real return after factoring in inflation. Until rates rise meaningfully, equities should continue to see support—because there truly are few alternatives.

The State of Value Investing

Since April 2020, the S&P 500 value index has risen a little under 60%, while the S&P 500 growth index has surged over 90%, says Jacob Sonenshine of Barron’s. Value stocks should start outperforming if history is any guide: in the first 2 years of a recovery after a recession, value has bested growth by an average of 24%, based on data from Research Affiliates.

The swift rotation back into value shares that began in September 2020 ended abruptly in July of this year as the delta variant slowed down the economic recovery, interest rates fell, and investors once again began embracing technology-oriented shares. But value looks like it might be making a comeback, with interest rates rising again and investors starting to embrace industrial and financial shares.

Market Tops

With the S&P 500 having advanced well over 80% since its March 2020 highs, and in view of all the political and economic uncertainty on the horizon, investors are questioning whether the latest bull market has ended. However, Mark Hulbert of the Wall Street Journal points out that unlike bear-market bottoms, which usually occur quickly (thankfully), bull markets end slowly, because individual sectors or investment styles peak and retreat at different times:

“A recent illustration that not all sectors and styles hit their bull-market highs at the same time came at the top of the internet-stock bubble in early 2000. Though the S&P 500 and Nasdaq Composite indexes hit their bull-market highs in March 2000, value stocks—and small-cap value stocks, in particular—kept on rising. The S&P 500 at its October 2002 bear-market low was 49% lower than its March 2000 high, and the Nasdaq Composite was 78% lower, but the average small-cap value stock was 2% higher than it was in March 2000.

Hulbert analyzed 30 bull-market tops since the mid-1920s, using data maintained by Ned Davis Research, and identified the dates when individual sectors and market styles (value, growth, blend) reached their bull-market peaks, reporting a 225-day spread between the dates when the first and last market sectors reached their bull-market tops. There are exceptions, of course, such as with bear markets caused by exogenous events such as 9/11 and the pandemic, but in general, he says, “it’s more accurate to view a bull-market top as a process rather than a single event.”

As Hulbert points out, even the so-called experts can’t determine when a market peaks. Over the past 40 years, on days when the S&P 500 reached a bull-market high, the market timers that he followed recommended equity exposure at an average of 65.7%—a higher level of recommended investment than on 95% of all other days over the period. The experts were even worse at picking bear market lows, with their average equity exposure at market lows over the same period a mere 5%—yet another example of investors buying high and selling low!

The takeaway is that knowing when a market has peaked is pretty much impossible to do regularly: even the so-called experts are consistently wrong. Individual investors would do much better to base their decisions on the value of each of their holdings rather than trying to guess whether they’re in a bull or bear market.

Speculation in the Market

The amount of speculation in the stock market worries us. A good example is the heightened use of stock options, which have legitimate hedging purposes, but which individuals seem to have recently embraced for speculative purposes. CBOE data indicate that option trading by individual investors has risen 4x over the past 5 years. As noted by Gundan Banerdi in the Wall Street Journal,

“Nine of 10 of the most-active call-options trading days in history have taken place in 2021, Cboe Global Markets data show. Almost 39 million option contracts have changed hands on an average day this year, up 31% from 2020 and the highest level since the market’s inception in 1973, according to figures from the Options Clearing Corp.”

As a result, the options market has grown so large that in some respects it’s bigger than the stock market. In 2021, for example, according to CBOE data, the daily average notional value of single stock options was over $432 billion, compared with $404 billion in stocks. We’ve said it before, and we’ll say it again: staying the course and taking a long-term view is one of individual investors’ best ways of stacking the odds of investment success in their favor. According to Dalbar, over the past 20 years the S&P 500 has advanced 7.5% annually, yet the average investor has gained a mere 2.9% (barely beating the 2.1% inflation over the period). Why this underperformance? Partly because investors let their emotions get the best of them and chase the latest investment fad (or they pile into equities at market peaks and sell out at market troughs)—or sell for nonfundamental reasons, such as simply because a company’s share price (or an index) has increased in value.

By contrast, taking a multiyear view tilts the odds of success in investors’ favor. Since 1950, the range of stock market returns measured by the S&P 500 (using data supplied by JP Morgan) in any given year has been from +47% to -39%. For any given 5-year period, however, that range is +28% to -3%—and for any given 20-year period, it is +17% to +6%. In short, since 1950, there has never been a 20-year period when investors did not make at least 6% per year in the stock market. Although past performance is certainly no guarantee of future returns, history shows that the longer the time frame you give yourself, the better your chances of earning a satisfactory return.

As always, we’re available to answer any questions you might have. If you’d like to discuss these issues further, please reach out to us at jboyar@boyarvaluegroup.com or 212-995-8300.

Best regards,

Mark A. Boyar

Jonathan I. Boyar

Boyar Value Group

Updated on Oct 14, 2021, 2:01 pm

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Updated on October 14th, 2021 by Bob Ciura Income investors are always on the hunt for high-quality dividend stocks. There are many ways to measure high-quality stocks. One way for investors to find great dividend stocks is to focus on those with the longest histories of raising dividends. With this in mind, we created a […]

The post Top 7 Dividend Champions To Buy Now | 2021 Dividend Champions List appeared first on Sure Dividend.

The Alternative Investment Management Association premieres a new programme in partnership with ITN Productions – Holding Strong: Alternative Investments in a Volatile Market

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Q3 2021 hedge fund letters, conferences and more

Holding Strong: Raising Awareness Of Alternative Investments

The Alternative Investment Management Association (AIMA) and ITN Productions are collaborating to raise awareness of alternative investments and the latest sector innovations that are benefitting investors, markets and supporting the global economic recovery.

In the face of unprecedented global disruption arising from the Coronavirus pandemic, assets under management for the alternative investment industry continues to break new records with funds under management standing at US$15 trillion globally; approximately 15% of the world’s asset management industry.

Hedge funds are the face of alternative investments in public markets. The 12 months after the initial period of COVID-fuelled market disruption saw the industry report solid returns with leading hedge fund indices up over 32%[1]. Strong performance has continued into this year with the industry up 13% as of the end of August [2]. This performance has not gone unnoticed by investors who are reinforcing their interest in alternative investments, investing in both public and private markets as they seek diversification away from low-interest rate bonds and high-value equities.

Anchored by ITN productions, ‘Holding Strong – Alternative Investments in a Volatile Market’ shows how the alternatives investment industry is growing in influence, highlighting its increasing value to investors, markets and the global economy.

ITN presenter Belle Donati is joined by Jack Inglis CEO of AIMA, the global representative for the alternative investment industry, to discuss how the alternative investment industry benefits investors and supports the global economy, where he sees the industry heading as well as AIMA’s quest to educate the broader industry on the importance of alternative investments.

Produced in a news-style format featuring interviews with industry leaders, the programme features a series of sponsored editorial profiles filmed on location with AIMA’s global members and partners, including some of the most prominent names across the alternatives investment sector.

[The full, hour-long programme was premiered as part of the AIMA Global Investor Forum on 13 October 2021. The interview with AIMA’s CEO, an educational animation, and the editorial profiles can all be viewed separately and on-demand at AIMA.org]

The Programme's Themes

Among the many themes this programme explores includes the rise of responsible investing, which is examined from several angles. Apex Group quantifies how the ESG market continues to mature and become more defined, while abrdn explains how it’s investing responsibly in real assets to deliver positive outcomes that benefit its clients, society and the wider world.

Taking a global viewpoint, Reed Smith examines how the pandemic has accelerated the global focus on sustainability, and Esmo Asset Management highlights the complexities of apply ESG in emerging markets where each country and region is uniquely vulnerable to E, S and G factors.

Complementing these discussions, haysmacintye addresses how the industry is fostering diversity and inclusion to attract the next generation of talent.

Elsewhere, Man Group CEO Luke Ellis talks about the group’s growth and resilience during what he described as a “challenging environment” in 2020. We find out where this resilience comes from and how it is manifesting across the industry. In a similar vein, Citco offers an insight into the technologies that are driving the alternative investment industry forward, making it more transparent and accessible, while Securis Investment Partners details the latest innovations in the insurance-linked securities market in recent years.

Jack Inglis, CEO of AIMA, said: “The alternative investment industry has doubled in size over the past 10 years with most projections stating it will grow further in size and influence. The benefits of investing in alternatives are increasingly clear across the world, providing investors with much-needed diversity in their investment options, benefitting them and the global economy. We’re delighted to be able to work with ITN productions to highlight the benefits of the alternative investment industry and showcase its crucial role in protecting savers and financing the economy

Tom Kehoe, global head of research and communications at AIMA, added: “It has been a real pleasure to work with ITN productions on this programme. AIMA is the global representative of the alternatives investment industry, and I am very pleased that we are been a part of this coproduction to share real-life examples as to how the industry continues to grow in influence making a positive impact at a local and global level. Many thanks to all the programme’s participants who shared their stories with us.”

Nina Harrison-Bell, head of ITN Productions Industry News, said: “We’re delighted to be producing a programme that raises awareness of alternative investments, de-mystifies the myth that alternative investments are exclusive to the mega-rich and recognises the sector’s role in aiding economic recovery.”

To view the full programme click here.

Updated on Oct 14, 2021, 1:34 pm

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Retail pharmacy chain advances plan to become health care destination with $5.2 billion investment

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These companies could be value investing opportunities
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In reply to Dunning freaking kruger.

In general, I like investing in funds because I don’t have time to analyze each individual investment, and, a lot of the most interesting individual investments sell out before you can even invest.

So I think the higher return on effort strategy (ROE) is to invest in the right manager that has the right vision. My vision has been to invest in the heartland of America and residential real estate for a long time now. As a result, Fundrise is a synergistic partner.

I’ve read all their annual reports the past for years and our outlook is very much aligned.

Sales engagement platform has grown enterprise ARR 114% year over year 

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Q3 2021 hedge fund letters, conferences and more

Groove Raises $45 Million Series B Round

SAN FRANCISCO - October 14, 2021 - Groove, the leading sales engagement platform for enterprises using Salesforce, today announced that it has raised a $45 million Series B round of funding, led by Viking Global Investors. Existing investors Capital One Ventures, Level Equity, Quest Venture Partners, and Uncork Capital also participated in the round. Groove plans to use the funding to expand its international operations and accelerate its momentum in the enterprise segment of the market, having grown enterprise ARR 114% in the past twelve months with new customers that include Activision, iHeartMedia, LexisNexis, New Relic, TIBCO, Veeva, and Wintrust.

The global shift to digital selling as a result of the pandemic is driving convergence in two of the fastest-growing sales technology categories: sales engagement and revenue operations. As enterprises look to manage large and distributed revenue teams, they are seeking platforms that integrate the productivity benefits of workflow automation with the insights gleaned through revenue operations software.

Digital selling has also exposed a key weakness in most companies’ Salesforce deployments - lack of adoption. In fact, an August 2021 Forrester Consulting “State of CRM” study, commissioned by Salesforce, found that 57% of respondents struggled to maintain good customer experiences because their CRM systems were not well-integrated or accessible. Groove solves this accessibility problem by meeting sellers where they already work, increasing rep productivity while ensuring over 90% Salesforce adoption.

“This notion of the sales engagement platform as a cockpit for sellers is likely to continue to drive further integrations between other sales tech categories and these platforms as the advantages of bringing everything to the seller where they sell (the original vision for CRM technology) become more widely recognized,” said Anthony McPartlin, Principal Analyst for Forrester Research in a recent blog post.

Industry-Leading Seller Adoption Rates

Groove is the only sales engagement platform that integrates seamlessly into existing seller workflows, driving up usage and Salesforce adoption as a result. Groove’s industry-leading seller adoption rates enable enterprises to leverage complete and comprehensive data to run a more accurate, predictive, and effective GTM process.

“Our enterprise customers want to enable the modern seller while ensuring the highest levels of enterprise security and compliance,” said Chris Rothstein, co-founder, and CEO of Groove. “We’re capturing a significant amount of enterprise market share from our competition because our platform was built for the needs of large, complex organizations that rely on Salesforce as their system of record. We bring automation to the seller instead of requiring that they work out of a separate system. This flexibility ensures extremely high user adoption rates, even with technology averse sellers in non-tech industries.”

Over the last year, Groove has expanded its revenue intelligence capabilities with auto-contact capture, real-time opportunity and pipeline management and enhanced ROI reporting. Through this expanded capability set, Groove enables revenue leaders to make real-time, data-driven business decisions based on sales engagement outcomes across a wide variety of roles, teams, and divisions.

“Our sales operations have been transformed because of Groove,” said Matthew Mullin, Senior Director of Global Marketing Operations and Technology at Tenable. “Our sellers are armed with productivity tools and workflow automation that makes them more effective at their jobs, and we can now rely on accurate, real-time data in Salesforce to make informed decisions.”

Groove won the TrustRadius “Best Of” Awards in 2021 for best usability, feature set, and best customer service in the sales engagement category, and has been the highest-rated sales engagement platform on G2 for three years in a row.

About Groove

Groove is the leading sales engagement platform for enterprises using Salesforce. Built for the needs of relationship-based sellers, Groove increases rep productivity, drives Salesforce adoption, and provides revenue leaders with key insights to know what’s driving their business. Because Groove is Salesforce native, it has the most advanced activity capture in the industry, ensuring that revenue teams can rely on accurate reporting and forecasting, lowered compliance risk, and streamlined administration. Whether it’s automating CRM data entry or empowering reps to generate pipeline and close more deals, Groove gives reps 20% of their week back to focus on high-value activities.

Over 70,000 people use Groove at some of the world’s largest and fastest-growing companies, including Google, BBVA, Atlassian, Uber, and Capital One. Groove has ranked #1 in customer satisfaction on G2 in five sales technology categories and has made the Inc. 5000 list of the fastest-growing privately held companies in the U.S. for three years in a row. To learn more, visit https://groove.co.

Updated on Oct 14, 2021, 1:14 pm

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In reply to SAS.

Hard to say. Chasing performance is an iffy strategy. I remember observing the top Morningstar rated funds of the year constantly under performing the subsequent year.

Hence, diversifying your exposure probably the best bet.

The Italian owner of the historic signature product, Campari Bitter, wants to enhance employees' ownership of the company
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In his Daily Market Notes report to investors, while commenting on the unemployment mandate, Louis Navellier wrote:

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Q3 2021 hedge fund letters, conferences and more

Bullish Investors

We survey our investors, who are predominantly retail, to assess sentiment. Results from our survey on Tuesday show retail investors are bullish. While there are many crosscurrents in the markets which could provoke pessimism, the survey suggests that investors are buoyed by the prospect of a robust earnings season.  Another sentiment that emerged was that wage increases, though additive to inflation, are a net positive to consumer spending.

Bearish investors on the other hand cited inflation fears as the primary driver of their cautiousness.  That more investors were uncertain about the direction of the market, 15%, than were bearish, 10%, is notable and indicates the see-saw action we are seeing in the market at large may continue.

Unemployment Mandate Complete

The Labor Department on Thursday announced that weekly unemployment claims fell to 293,000 in the latest week. Economists were expecting weekly and continuing unemployment claims to come in at 320,000. I think it is safe to conclude that the Fed has completed its unemployment mandate and can now turn its attention to another mandate, namely fighting inflation.

Taiwan Is Safe

I get a lot of questions about what is going to happen when China takes over Taiwan after tormenting the island nation an untold number of times with the Chinese air force invading Taiwanese airspace.  My standard answer is that “China will not harm Taiwan’s infrastructure, since they need the semiconductor chips too!”  This was reconfirmed by Chinese President Xi Jinping when he recently called for a “peaceful reunification” with Taiwan.  Not surprisingly, Taiwanese President Tsai Ing-wen said that Taiwan would not bow to Chinese pressure.

China currently has its own economic problems and based on the official Purchasing Managers Indexes (PMI), both its service and manufacturing sectors are now in a recession.  Furthermore, the Trump Administration’s sanctions on 5G pioneer Huawei have been severely hurt by these sanctions, so its 5G market share is shrinking.

Since the Biden Administration did not lift modify the Trump Administration’s tariffs on China, if China invaded Taiwan, they not only risk a military reprisal but also potentially more tariffs from the Biden Administration.  So conclusion, Taiwanese semiconductor companies, especially United Microelectronics (UMC), remain great near-term buys since I do not expect China to invade Taiwan.

As inflation continues to heat up and push China and other nations deeper into recession, the U.S. remains an oasis to the world. The port bottlenecks and supply chain glitches persist, but at least the U.S. is not expected to be crippled by high coal and natural gas prices that are now hindering China and Europe.

Heard & Notable

Facebook removed or flagged 31.5 million content pieces containing hate speech in the second quarter, a 25% increase compared to the first quarter number of 25.2 million. Five out of every 10,000 content pieces containing hate speech slipped past Facebook's flagging and deletion processes. Source: Statista

Updated on Oct 14, 2021, 1:01 pm

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Being able to earn high returns on reinvested capital is the key

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BlackRock has just passed a motion to rebrand the name of the company, they will no longer be known as BlackRock, effective immediately they will be known as just ‘rock.’

[soros]

Q3 2021 hedge fund letters, conferences and more

Disclaimer: This is a satirical article.

Rock’s Attempt To Appease The Millennials

“Rock has a long history, and unfortunately our history goes back to a time where people were not overlysenestive. So in an attempt to appease millennials to try to avoid them looking into our shady financial dealings, we have changed our name to ‘Rock’ this way no feelings can be hurt.” Rock CEO Larry Fink said in a statement.

Fox News host Tucker Carlson exploded on his national TV show calling this move the ‘biggest cocksucking ever seen on an national level.’

This post first appeared on The Stonk Market

Disclaimer: This is a satirical article.

Updated on Oct 14, 2021, 12:40 pm

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“China’s Producer Price Index, which tracks what manufacturers charge wholesalers, is up 10.7%, which is the highest it’s been since they began recording in the mid-90s. China has been experiencing power shortages, and there is a global commodities rally, meaning it is costing manufacturers a lot more to produce goods. Currently it doesn’t seem this price inflation is being passed onto consumers but there’s only so long wholesalers can absorb these cost increases.

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Q3 2021 hedge fund letters, conferences and more

Global Inflation Is Rising

Worth noting that inflation across the globe is rising – last week we saw interest rates in New Zealand rise for the first time in seven years in a measure to combat higher inflation. And we’re running ahead of target here in the UK too.

Inflation, trade issues and commodity prices are all weighing on markets this week. Apple shares slumped yesterday as the firm revealed the production of the iPhone 13 had been impacted by global computer chip shortages, but on the other hand you have the backdrop of commodity companies – oil and gas firms – that are riding high thanks to low supply and high demand. Highest risers on the FTSE today are natural resources and mining firms Rio Tinto, Glencore, Anglo American, Antofagasta and BHP.”

Article by Emma Wall, Head of Investment Analysis at Hargreaves Lansdown

About Hargreaves Lansdown

Over 1.64 million clients trust us with £135.5 billion (as at 30 June 2021), making us the UK’s largest digital wealth management service. More than 98% of client activity is done through our digital channels and over 600,000 access our mobile app each month.

Updated on Oct 14, 2021, 12:27 pm

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