Wealth Management

AUGUST 15, 2023

Total net private wealth across the world decreased by 2.4% to a total of $454.4 trillion, according to Credit Suisse’s annual global wealth report.

245

245

Calculated Risk

JUNE 12, 2025

Household percent equity (as measured by the Fed) collapsed when house prices fell sharply in 2007 and 2008. Note that this does NOT include public debt obligations. The second graph shows homeowner percent equity since 1952. In Q1 2025, household percent equity (of household real estate) was at 72.0% - down from 72.2%

Nonprofit 162

Nonprofit Assets Accounting 162

The Big Picture

MARCH 22, 2023

The graphic above, via Flowing Data , puts recent events into perspective: At $209 billion in assets, the Silicon Valley Bank failure since Washington Mutual crashed in 2008 (JPM Chase took them over from the FDIC). Bank failures since 2001, scaled by amount of assets in 2023 dollars. The post U.S.

Banking 330

Banking Assets 330

Calculated Risk

NOVEMBER 1, 2024

This graph really shows the collapse in retail hiring in 2008. Earlier: October Employment Report: 12 thousand Jobs, 4.1% Unemployment Rate Seasonal Retail Hiring Typically, retail companies start hiring for the holiday season in October, and really increase hiring in November.

Retail 279

Retail Numbers Economics Sales 279

The Big Picture

NOVEMBER 8, 2024

He was also a Pulitzer finalist for his work covering the 2008 financial crisis. He has since reported from over 36 countries, holds two Gerald Loeb awards and eight prizes from the Society of American Business Editors and Writers.

Economics 187

Economics Management 187

Calculated Risk

JUNE 25, 2025

The peak MoM increase in NSA prices this year was the smallest since 2008! The seasonal swings declined following the bust, however the pandemic price surge changed the month-over-month pattern. The second graph shows the seasonal factors for the Case-Shiller National index since 1987.

Sales 147

Sales 147

The Big Picture

OCTOBER 13, 2023

November 3, 2006) Tracking NAR Spin (April 23rd, 2008) Realtors Get Real (March 2007) Pending Home Sales Index, NAR Housing Market “Bottoms” (January 2008) How Counter-Productive is Realtor Association Spin?

Numbers 296

Numbers Sales Management Marketing 296

Calculated Risk

MAY 20, 2025

As is the increase in energy prices during the 2001 through 2008 period. In general, energy expenditures as a percent of PCE has been trending down for decades. The huge spikes in energy prices during the oil crisis of 1973 and 1979 are obvious. In April 2025, energy expenditures were at 3.6% of PCE, down from 3.8% in June 2022.

147

147

Wealth Management

OCTOBER 1, 2024

Bettinger, who turns 65 next year, has led Schwab since 2008. He's handing the role to President Rick Wurster.

Banking 255

Banking 255

Calculated Risk

OCTOBER 31, 2022

For loans made in 2005 through 2008 (1% of portfolio), 3.83% are seriously delinquent (down from 3.95%), For recent loans, originated in 2009 through 2021 (98% of portfolio), 0.55% are seriously delinquent (down from 0.57%).

Portfolio 363

Portfolio 363

Calculated Risk

DECEMBER 28, 2022

For loans made in 2005 through 2008 (1% of portfolio), 3.49% are seriously delinquent (down from 3.71%), For recent loans, originated in 2009 through 2021 (98% of portfolio), 0.52% are seriously delinquent (down from 0.53%).

Portfolio 361

Portfolio 361

Calculated Risk

APRIL 28, 2023

For loans made in 2005 through 2008 (1% of portfolio), 3.11% are seriously delinquent (down from 3.31%), For recent loans, originated in 2009 through 2021 (98% of portfolio), 0.48% are seriously delinquent (down from 0.51%).

Portfolio 358

Portfolio 358

Calculated Risk

JANUARY 30, 2023

For loans made in 2005 through 2008 (1% of portfolio), 3.49% are seriously delinquent (unchanged from 3.49%), For recent loans, originated in 2009 through 2021 (98% of portfolio), 0.53% are seriously delinquent (up from 0.52%).

Portfolio 355

Portfolio 355

Calculated Risk

DECEMBER 1, 2022

For loans made in 2005 through 2008 (1% of portfolio), 3.71% are seriously delinquent (down from 3.83%), For recent loans, originated in 2009 through 2021 (98% of portfolio), 0.53% are seriously delinquent (down from 0.55%).

Portfolio 353

Portfolio 353

Wealth Management

MAY 30, 2024

The latest fundraising marks the fifth iteration of the firm’s Loan Partners fund, a series that got off the ground in 2008.

270

270

Wealth Management

JUNE 27, 2023

Global wealth declined 4% last year, the first drop since 2008, according to a Boston Consulting Group study.

Consulting 261

Consulting 261

Calculated Risk

MARCH 13, 2025

Household percent equity (as measured by the Fed) collapsed when house prices fell sharply in 2007 and 2008. Note that this does NOT include public debt obligations. The second graph shows homeowner percent equity since 1952. In Q4 2024, household percent equity (of household real estate) was at 74.4% - down from 74.7% in Q3, 2024.

Nonprofit 162

Nonprofit Assets Accounting 162

Wealth Management

MAY 17, 2023

The tool includes the option to run plans through real-life historical scenarios including the Great Depression, the post-war period, 1970s stagflation, the dot-com bubble and the 2008 financial crisis.

Retirement 259

Retirement Planning 259

Calculated Risk

AUGUST 1, 2022

Non-residential (blue) spending is 19% above the bubble era peak in January 2008 (nominal dollars). Residential (red) spending is 36% above the bubble peak (in nominal terms - not adjusted for inflation). Public construction spending is 6% above the peak in March 2009. The second graph shows the year-over-year change in construction spending.

360

360

Wealth Management

OCTOBER 17, 2022

Credit Suisse is among lenders that have been defending themselves against claims over the sale of mortgage securities that plummeted in value during the 2008 crisis. It paid $600 million last year to settle a lawsuit with MBIA Insurance Corp over mortgage securities.

Insurance 263

Insurance Sales 263

Calculated Risk

OCTOBER 3, 2022

Non-residential (blue) spending is 24% above the bubble era peak in January 2008 (nominal dollars). Residential (red) spending is 35% above the bubble peak (in nominal terms - not adjusted for inflation). Public construction spending is 9% above the peak in March 2009. The second graph shows the year-over-year change in construction spending.

358

358

Calculated Risk

FEBRUARY 13, 2025

Household debt previously peaked in 2008 and bottomed in Q3 2013. Transition into serious delinquency, defined as 90 or more days past due, edged up for auto loans, credit cards, and HELOC balances but remained stable for mortgages. emphasis added Click on graph for larger image. rise from 2024Q3.

Economics 205

Economics Retail Banking Accounting 205

Wealth Management

MAY 1, 2023

First Republic’s private wealth-management platform will become part of JPMorgan Advisors, which JPMorgan inherited from Bear Stearns when it bought that firm in 2008.

Wealth Management 236

Wealth Management Management 236

Calculated Risk

AUGUST 31, 2022

For loans made in 2005 through 2008 (1% of portfolio), 4.11% are seriously delinquent (down from 4.45%), For recent loans, originated in 2009 through 2021 (98% of portfolio), 0.60% are seriously delinquent (down from 0.63%).

Portfolio 328

Portfolio 328

Calculated Risk

SEPTEMBER 12, 2024

Household percent equity (as measured by the Fed) collapsed when house prices fell sharply in 2007 and 2008. Note that this does NOT include public debt obligations. The second graph shows homeowner percent equity since 1952. In Q2 2024, household percent equity (of household real estate) was at 74.9% - up from 74.2% in Q1, 2024.

Nonprofit 332

Nonprofit Assets Accounting 332

Calculated Risk

SEPTEMBER 9, 2022

Household percent equity (as measured by the Fed) collapsed when house prices fell sharply in 2007 and 2008. Note that this does NOT include public debt obligations. The second graph shows homeowner percent equity since 1952. In Q2 2022, household percent equity (of household real estate) was at 70.5% - up from 70.1% in Q1, 2022.

Nonprofit 363

Nonprofit Assets Accounting 363

Calculated Risk

JANUARY 5, 2025

2008 0.1% -2.5% Note: This table includes both annual change and Q4 over the previous Q4 (two slightly different measures). For 2024, I used a 2.6% growth rate Q4 over Q4. this gives 2.8% real annual growth). Real GDP Growth Year Annual GDP Q4 / Q4 2005 3.5% 2009 -2.6% 2020 -2.2% -1.0% 2024 1 2.8% 1 2024 estimate based on 2.8%

Economy 173

Economy Economics Sales Investing 173

Calculated Risk

MARCH 4, 2025

Below is a table showing Federal Reserve net income the vast bulk of which reflects net interest income from 2008 to 2024 (2024 is my estimate), as well as Fed remittances to the Treasury as shown in the Feds financials (more on this later).

Assets 162

Assets Accounting 162

Calculated Risk

DECEMBER 9, 2022

Household percent equity (as measured by the Fed) collapsed when house prices fell sharply in 2007 and 2008. Note that this does NOT include public debt obligations. The second graph shows homeowner percent equity since 1952. In Q3 2022, household percent equity (of household real estate) was at 70.5% - unchanged from 70.5% in Q2, 2022.

Nonprofit 360

Nonprofit Assets Accounting 360

A Wealth of Common Sense

FEBRUARY 27, 2024

Despite 5% short-term interest rates and stickier inflation than some people would like and the Fed potentially pushing back interest rate cuts for a few months and the new True Detective seasons being a massive disappointment…the S&P 500 continues to take out new all-time highs.

Investments 145

Investments Investing Marketing Marketing 145

Calculated Risk

OCTOBER 19, 2022

percent of all applications, which was the highest share since March 2008. The current 30-year fixed rate is now well over three percentage points higher than a year ago, and both purchase and refinance applications were down 38 percent and 86 percent over the year, respectively.” percent from 6.81 percent, with points decreasing to 0.95

Sales 360

Sales Marketing Marketing 360

Calculated Risk

MAY 13, 2025

Household debt previously peaked in 2008 and bottomed in Q3 2013. Transition into serious delinquency remained stable for auto loans, credit cards, and other debt. emphasis added Click on graph for larger image. Here are three graphs from the report : The first graph shows household debt increased in Q1. rise from 2024Q4.

Retail 165

Retail Banking Accounting Economics 165

The Big Picture

JULY 21, 2023

Since 2008, the Census Bureau has included government transfers in its Supplemental Poverty Measure. ” In 2008. If this were true, it would mean we have been measuring income inequality incorrectly (perhaps wealth inequality as well). It is untrue. You may remember Phil Gramm. He’s the (thankfully) former U.S.

Math 246

Math Government Economics Food 246

Calculated Risk

JANUARY 10, 2024

Job growth slowed in 2023 but was still historically strong. The second table shows the change in construction and manufacturing payrolls starting in 2006.

Economy 298

Economy Manufacturing Economics Sales 298

A Wealth of Common Sense

APRIL 8, 2025

The other times this happened occurred in 1987, 2008 and 2020, some of the most volatile market environments we’ve ever seen. That’s a loss of more than 10% in just two days. loss was the fifth worse two-day stretch for the stock market since 1950. You can go an entire year without experiencing a 10% dra.

Marketing 89

Marketing Marketing 89

The Big Picture

NOVEMBER 28, 2022

Coincident Index by States (May 22, 2008). The FOMC increases are having an impact. Previously : Signs of Softening (July 29, 2022). Why Recessions Matter to Investors (July 11, 2022). Soft Landing RIP (July 25, 2022). The post Coincident State Indexes (October 2022) appeared first on The Big Picture.

Economy 276

Economy Banking 276

Nerd's Eye View

APRIL 2, 2025

HiMaVs leverage the brain's natural preference for narrative and visual information by showing how a retirement income plan – such as a risk-based or guardrails-based strategy – would have fared during actual historical periods like the Great Depression, Stagflation of the 1970s, or the 2008 Global Financial Crisis.

Retirement 135

Retirement Clients Retirement Planning Marketing 135