Trending Articles

Value Creation

The Reformed Broker

All of the value creation for investors comes from the actions they take in falling markets, not rising ones.

10 Monday AM Reads

The Big Picture

My back-to-work morning train WFH reads: • What is the Fed Doing? Don’t fight the Fed used to be a positive slogan. That’s not the case anymore. If anything, it feels like the Fed wants to fight us, all of us, including the stock market and the economy.

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Inflation Expectations: A Dubious Survey

The Big Picture

One of the things we know about inflation expectations is that Federal Reserve Chairman Jerome Powell relies heavily on them. He thinks about expectations, gives speeches on them, and uses the data series when enacting Federal Reserve policies to combat inflation.

Personal finance links: travel while you can

Abnormal Returns

Podcasts Daniel Crosby talks with Morgan Housel author of "The Psychology of Money." standarddeviationspod.com) Christine Benz and Jeff Ptak talk with Farnoosh Torabi about navigating family money dynamics.

Live Demo: Supercharge Your Month-End Close

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation like ART (a unique month-end close solution) into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART, and share the key elements of month-end close automation.

Why Checklist-Style Financial Planning Works: What Advisors Can Learn From Dave Ramsey’s Baby Steps

Nerd's Eye View

There are many financial advisors who take issue with the financial advice offered by popular personal finance personalities such as Dave Ramsey.

More Trending

You’re not good at this.

The Reformed Broker

A recession so contrived and man-made that every economist, politician, business owner, college student, CEO, rapper and professional athlete has been able to see it coming in real-time for months and months… Take a picture, you may never see anything so obviously about to happen ever again.

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Changes in Global Wealth 2021

The Big Picture

Every year, Credit Suisse puts out an in-depth look at wealth around the world (I often pull a chart or two for the reads). The data always has some interesting findings about how the very wealthy are investing, consuming, and otherwise spending their time and money.

Adviser links: changing relationships

Abnormal Returns

Podcasts Christine Benz and Jeff Ptak talk with Tim Steffen, director of tax planning for Baird. morningstar.com) Michael Kitces and Carl Richards talk about repurposing lessons from clients for content. kitces.com) Daniel Crosby talks with Tom Morgan about personal myth making.

Weekend Reading For Financial Planners (Sept 24-25)

Nerd's Eye View

The Threat That Could End Community Banking & What To Do About It

A critical risk now facing community banks from the technology world and how to solve it.

Is the USA in a Recession?

Pragmatic Capitalism

New episode of Three Minute Money here. Is the USA in a recession? While the media has traditionally referred to a recession as 2 quarters of negative GDP the White [ …

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Putin Orders a Draft and Threatens to Use Nuclear Weapons in Ukraine

Mish Talk

The Wall Street Journal reports Putin Threatens Nuclear Response in Ukraine.

Monday links: minimizing mistakes

Abnormal Returns

Markets Investors are rightfully bearish, but bear markets eventually end. thereformedbroker.com) Everything sucks. Five things that could go right. ramp.beehiiv.com) Protective puts are in fashion. ft.com) Companies As a company, Nvidia ($NVDA) is not afraid of taking risk.

What (Really) Makes Advisors More Productive And The Third Kitces Research Study On Advisor Productivity

Nerd's Eye View

2022 marks the 50 th anniversary of the enrollment of students into the first Certified Financial Planner (CFP) course, and in the years since then, financial planning (and the process of creating a financial plan) has changed extensively.

Test Asset for Integration

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Everything Investors Need to Know About the Federal Reserve

Pragmatic Capitalism

Here’s a good podcast I did earlier this month about Monetary Policy and the Federal Reserve. Jack and Justin are great friends of mine and run an excellent podcast called [ …

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The Cost of Car Insurance Has Dramatically Increased Every Month This Year

Mish Talk

CPI Data from BLS, calculation and chart by Mish. 2022 Percentage Increases Jan: 1.09 Percent Feb: 1.79 Percent Mar: 0.83 Percent Apr: 0.54 Percent May: 0.36 Percent Jun: 1.60 Percent Jul: 0.94 Percent Aug: 0.98 Percent CPI Car Insurance Percent Change From Year Ago.

10 Monday AM Reads

The Big Picture

My back-to-work morning train WFH reads: • Most pros can’t beat the market : 2021 is the 13th consecutive years in which the majority of fund managers in this category have lagged the index. TKer ). •

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Top clicks this week on Abnormal Returns

Abnormal Returns

Also on the site A home is a bundle of things, not just a house with a mortgage attached. abnormalreturns.com) Top clicks this week There is a big problem with investing more during sharp market declines. ofdollarsanddata.com) How much do interest rates matter for the stock market?

Long-Term Care Considerations in Estate Planning

This article explores the impact of medical/LTC expenses on estate planning objectives, and discusses strategies to keep assets flexible to address needs that may arise while satisfying the objective of transferring wealth to designated beneficiaries.

The Market For “Lemons” In Financial Advice: How Higher Standards Can Lower Costs And Increase Access To Advice

Nerd's Eye View

In a now-famous 1970 paper, economist George Akerlof used the market for used cars to demonstrate the negative effects that can occur when there are significant information asymmetries between buyers and sellers of a good or service.

Debunking Common Investment Myths

Pragmatic Capitalism

I joined Dr. Daniel Crosby on the Standard Deviations podcast for a wide ranging discussion about portfolio management and navigating the conspiracy theories of the financial markets. This one’s short [ …

Risk of Global Recession in 2023 Rises Amid Simultaneous Rate Hikes

Mish Talk

World Bank chart on tightening fiscal stance. Super Thursday Actions The Wall Street Journal reports Interest-Rate Hikes Come Thick and Fast Switzerland: Raised rates by 0.75 point to 0.5%, making it one of the last central banks to exit negative territory.

2023 Ferrari Purosangue

The Big Picture

The Devil must be strapping on his ice skates: Ferrari just introduced the Purosangue, a 4-door, 4-seater SUV crossover. We should not be surprised.

5 Reasons Banks Need a Digital SBA Lending Program Now

A digital-first strategy for SBA loans is required for community banks that want to grow.

Sunday links: incentivizing crazy behavior

Abnormal Returns

Markets Quality stocks have not been a defense against a bear market. wsj.com) TIPS yields are at their highest level in a decade. marketwatch.com) How rogue waves help explain market disasters. bestinterest.blog) Strategy The bear case is obvious. What's the bull case?

#FA Success Ep 299: Finding The Motivation To Grow Again With Authenticity And Client Significance, With Tim Regan

Nerd's Eye View

Welcome back to the 299th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Tim Regan.

Is the Housing Market Going to Crash?

Pragmatic Capitalism

Here’s a new 3 Minute Money on housing. In this video I cover: The dynamics of the boom Why housing is so important to the broader economy The risk that [ …

This Week on TRB

The Reformed Broker

And if you haven’t subscribed yet, don’t wait. Check it out below or wherever fine podcasts are played. . The post This Week on TRB appeared first on The Reformed Broker. Links

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10 Friday AM Reads

The Big Picture

My end-of-week autumnal morning reads: • Navigating the Pain of Your First Bear Market : In the coming 40-50 years I’m planning on experiencing at least 10 or more bear markets, including 5 or 6 that constitute a market crash in stocks.

NAHB National Housing Market Index Declines for the 9th Consecutive Month

Mish Talk

NAHB data, chart by Mish. Home builder confidence declined for the ninth straight month in September, according to the NAHB/@WellsFargo Housing Market Index (HMI). This month's reading of 46 is the lowest since 2014 (excepting the COVID crash)."

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Saturday links: too many clicks

Abnormal Returns

Autos Auto makers are struggling to meet demand for EVs. wsj.com) Hertz ($HTZ) is planning to buy GM ($GM) EVs. engadget.com) Lithium prices are soaring. wsj.com) Transport Cars are disappearing from the streets of Paris. reasonstobecheerful.world) Who needs a jetpack when you can ride a hoverbike?

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Three Things I Think I Think – It’s Breaking

Pragmatic Capitalism

Here are some things I think I am thinking about. T-Bills at 4% are a screaming deal. Back in another life when I ran my hedge fund I was [ …

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