👍 Yes to cheap stocks

Uber does something... nice? | Be afraid of inflation, very afraid | Hey {NAME}, you’re on the free edition of Finimize. [Upgrade to Premium](: no ads, a third story every day, free events, and loads more on our mobile app. [Start for free here]( SPONSORED BY Hi {NAME}, here's what you need to know for March 18th in 3:08 minutes. 🎉 We’re looking for leaders to join our [2021 events program]( and host conversations about popular investing themes. This is a chance to get featured in front of our global audience, grow your network, and gain valuable experience in producing live events. [Apply here]( Today's big stories - Uber reclassified all of its 70,000 UK drivers as "workers" after losing its court battle last month - There are still cheap stocks hidden in the market if you know where to look – [Read Now]( - A new survey revealed inflation has overtaken the pandemic as professional investors’ biggest concern The Gig Is Up [The Gig Is Up] What’s Going On Here? Uber [reclassified]( all 70,000 of its UK drivers as “workers” on Wednesday, in hopes it might finally get picked up from the airport next time it visits London. What Does This Mean? After [losing]( a tough court battle last month, Uber was forced to treat the 25 drivers who brought the case as “workers” – that is, just shy of full employee status – rather than freelancers. Now, though, it’s gone the whole hog and decided to reclassify all of its UK drivers, which entitles them to minimum wage, vacation pay, and pension payments. The ride-hailing company didn’t say how much those added benefits would hurt its bottom line, but it did promise not to raise fares or to tweak its profitability forecasts for the rest of the year. Why Should I Care? Zooming out: Uber’s troubles might just be starting. Uber may have lost the legal battle, but it still has a war on its hands. Even now, the company will still only pay its drivers once they’ve accepted trips and not for the time in between – which amounts to roughly a [third]( of their working day. But since last month’s ruling dictated that those 25 drivers are working from when they log in to the app to when they log off, the rest might now come after the same treatment. The bigger picture: There’s a post-pandemic future to think about. Uber’s ride-hailing has – for obvious reasons – struggled during the pandemic, but at least it had its food delivery business to [pick up]( the slack. Of course, that dynamic might shift when restaurants reopen their doors and manage their own deliveries. That’s not a problem for Just Eat Takeaway.com, which has focused more on acting as an online marketplace than actually delivering the food – and become a favorite for big-name takeout chains as a result. You might also like: [How to make up your own mind about Uber’s profitability.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=The Gig Is Up&utm_campaign=daily-global-18-03-2021&utm_source=email) 2. Analyst Take Cheap Stocks Still Exist, No Matter What The Headlines Say What’s Going On Here? It seems like every time you look at the headlines, there’s something about [how pricey the stock market is]( right now. And it’s true, [US stocks are expensive](: the S&P 500 index’s price-to-earnings ratio is about as high as it’s ever been. But it’s not true of all stocks. In fact, [certain sectors]( – consumer staples, healthcare, and even tech – are surprisingly cheap versus both history and the market. Of course, the key is knowing which of those stocks are [due for a rebound](, and which are cheap for good reason. So that’s our Insight for today: the [undervalued sectors that could come roaring back](, and which stocks in particular you’ll want to take note of. [Read or listen to the Insight here]( SPONSORED BY ATTEST Know thy audience TransferWise, GymShark, Klarna: you know the brands, but you might wonder [how they got quite so big](. Simple: they used [Attest]( to [track and build brand awareness](, and you can too. See, Attest’s [consumer research platform]( provides fast, accurate, real-time data on what your audience is thinking, so you can keep your finger on the pulse. You’ll be able pinpoint your target demographic from Attest’s 100 million people in 46 countries and [create customized surveys]( to collect the exact information you need. So go ahead: [build your brand with Attest](. [Get Started]( [Turn off adverts]( Worried Sick [Worried Sick] What’s Going On Here? A new survey [showed]( that investors now think [inflation]( is a bigger threat to their portfolios than the pandemic – but hey, at least it’s something new to get anxious about… What Does This Mean? Every month, Bank of America surveys over 200 investment managers to see what they’re most worried about, and for the first time in a year, it’s not coronavirus. They now think inflation is the biggest risk to their portfolios, and they almost all agree that it is on the way: a record 93% of those surveyed are expecting global inflation over the next twelve months. Investors’ biggest fear is that the combination of an economic recovery and unprecedented government [spending]( will push inflation up by too much, too quickly. Because if that happens, central banks might hike [interest rates]( to slow down rising prices – and [damage]( stocks in the process. Why Should I Care? For markets: The winners and losers of surging prices. Inflation often goes hand in hand with strong economic growth, which might be why the survey’s participants are upping their stakes in economically sensitive sectors like banks and energy. Meanwhile, they’re selling off their shares in [tech companies,]( whose earnings rely less on economic performance. So much so, in fact, that the percentage of their portfolios invested in tech stocks just hit its lowest level since 2009 ([tweet this](). Zooming out: It’s crucial to keep economic growth steady. All eyes were on the US Federal Reserve’s (the Fed’s) update on Wednesday, as investors try to work out its future interest rate plans. See, the US economy is now likely to grow faster than the Fed previously thought, but the central bank has said – and [repeated]( on Wednesday – that it doesn’t expect to raise rates anytime soon. That could be good for stocks in the short term, sure, but if prices start rising too fast and the Fed has a sudden change of heart, a selloff might be next… You might also like: [Here are a few stocks that could actually benefit from inflation.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Worried Sick&utm_campaign=daily-global-18-03-2021&utm_source=email) 💬 Quote of the day “Facts are facts and will not disappear on account of your likes.” – Jawaharlal Nehru (the first Prime Minister of India) [Tweet this]( SPONSORED BY LUNYA Sleepwear like you’ve never had before The days of old tshirts, negligees, and pajamas are gone. It’s 2021 and you can have it all, including [sleepwear that’s comfortable, beautiful, and practical](. [Lunya]( makes sleepwear for modern women. 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