James Hendries

JUNE 20, 2023

As the economy is likely downshifting, investors should take heed that the Federal Reserve’s (Fed) current stance is eerily similar to early 2007. During that time, the Fed held a tightening bias since they believed the housing market was stabilizing, the economy would continue to expand, and inflation risks remained.

Marketing 52

Marketing Marketing Economy Communication 52

James Hendries

OCTOBER 11, 2022

Memories of 2008-2009 are still vivid even though global banks, overall, are in much healthier shape due to stringent regulations put in place following the crisis. If an economy needs to see inflation easing, it makes little sense to stimulate the economy through tax cuts while tightening monetary policy by raising interest rates.

Marketing 52

Marketing Marketing Banking Government 52

The Big Picture

MAY 30, 2023

And he’s really moving the needle in terms of having people take control of their own financial life in a way that benefits not just them but the entire economy and all of society. They’re an underground economy because they don’t trust the mainstream economy. These are not dumb people. BRYANT: Yes sir.

Banking 141

Banking Economics Economy Business Planning 141

James Hendries

AUGUST 23, 2022

Given the lag between Federal Reserve (Fed) policy and the real economy, we have not likely seen the bottom in the housing market. Outside of the pandemic, the rate of sales were close to sales rates in 2007 and 2008, when the economy was in the depths of a housing crisis [Figure 3]. Regional differences are profound.

Marketing 98

Marketing Marketing Sales Economy 98

James Hendries

JANUARY 26, 2023

Topic 1: Economy Bull case: Consumer is resilient, the labor market is strong, wages are rising, and inflation is coming down steadily. Background: The global economy will likely slow from the upper-2% range in 2022 down to slightly above zero in 2023 ( Figure 1 ). Call us cautious bulls. If the U.S. Our take: The U.S.

Marketing 52

Marketing Marketing Economy Economics 52

James Hendries

AUGUST 15, 2022

economy is in or about to enter recession, so we thought a piece on what a recession might mean for the stock market would be of interest. economy is not currently in recession, odds are still perhaps a coin flip or better that one may come in the next year. While Friday’s strong jobs report provides more evidence that the U.S.

Marketing 52

Marketing Marketing Economy Valuation 52

The Big Picture

OCTOBER 24, 2022

We talk about everything from when do you think about risk, how do you diversify a portfolio, at what point do you really have to rethink the fundamentals of what’s going on in the economy and the marketplace? And so I tossed my hat in the ring and moved over in October 15, 2008. How did that transition happen? NORTON: Yeah.

Portfolio 130

Portfolio Management Assets Investing 130

James Hendries

JUNE 26, 2023

The median performance, at 25.4%, is a better representation of where stocks might normally be at this stage because it takes out the ferocious V-shaped rebounds coming out of the 2008-2009 Great Financial Crisis and the early stages of the pandemic in March 2020. economy and corporate America has been impressive.

Marketing 52

Marketing Marketing Asset Allocation Valuation 52

James Hendries

OCTOBER 18, 2022

During the worst of the Financial Crisis (Q3 2008 through Q1 2009), more than 50% of S&P 500 companies hit their earnings targets each quarter. economy in mid-March, 62% of S&P 500 companies beat estimates, and aggregate earnings were within one percentage point of expectations.

Marketing 52

Marketing Marketing Valuation Economics 52

ClearMoney

DECEMBER 5, 2021

But, while government spending may provide a short-term stimulatory effect on the economy, the prospect of higher future taxes and long-run impacts on spending and investment introduces many channels through which spending and debt levels might affect expected stock returns. Palgrave Macmillan. Federal Reserve Bank of St. 1: 415–448.

Government 52

Government Commission Economics Distribution 52

ClearMoney

DECEMBER 5, 2021

But, while government spending may provide a short-term stimulatory effect on the economy, the prospect of higher future taxes and long-run impacts on spending and investment introduces many channels through which spending and debt levels might affect expected stock returns. Palgrave Macmillan. Federal Reserve Bank of St. 1: 415–448.

Government 52

Government Commission Economics Distribution 52

The Big Picture

SEPTEMBER 5, 2023

And in 2008, that same journalist came to me and said, this is the guy who told us three years ago that this was going to happen. I don’t care whether the economy is strong or weak, it’s not going to be the same. RITHOLTZ: Wow. RITHOLTZ: (LAUGHTER) MILLER: And I, ever since then, apparently, I got a lot smarter.

Sales 130

Sales Numbers Taxes Marketing 130

The Big Picture

JUNE 20, 2023

Talk to people who try and get licensed to do insurance things, or if there’s a failure to pay out a policy in the litigation that follows. An economy does better if the most people are prosperous, right? MORGENSON: It stopped outperforming in like the mid-2000s or towards 2008. I mean, it’s just not healthy.

Insurance 141

Insurance Healthcare Retail Medicine 141

The Big Picture

FEBRUARY 7, 2023

Don’t forget, in whatever was, April of 2008, after Jeff announced that the first quarter of 2008 was going to be a major miss. The financial crisis of 2008, where everybody was focused on Wall Street banks and even the car companies. The dirty little secret of the 2008 financial crisis was GE and GE Capital.

Engineering 252

Engineering Banking Management Numbers 252

James Hendries

JULY 6, 2022

economy will avoid recession. The good news is that if the economy does contract to the point where it is officially labeled a recession (the National Bureau of Labor Statistics makes that call), the impact will likely be muted somewhat by the strong financial position enjoyed by consumers heading into it.

Marketing 52

Marketing Marketing Valuation Economy 52

The Big Picture

DECEMBER 26, 2023

And I’m sitting there like, man, I’m glad I’m not licensed yet, because, you know, the last thing I wanna do is, you know, get booted outta the business before I even start. And I just remember the weekend of, you know, the shotgun wedding, you know, in 2008. I’m like, well, you know what?

Marketing 152

Marketing Marketing Financial Advisor Clients 152

James Hendries

JULY 21, 2022

So far, this year hasn’t seen a full-blown crisis like 2008–2009 or 2020, but the ride has been very bumpy. Nonetheless, high inflation has been a common ingredient in recessions since WWII—see the 1970s, early 1980s, early 1990s, and even 2008. Insurance products are offered through LPL or its licensed affiliates.

Management 52

Management Marketing Marketing Valuation 52

The Big Picture

AUGUST 22, 2023

So if you think the economy’s going to go sour and then you learn that’s not true, you might well be extremely credulous, meaning willing to believe the happy thing, even though it’s disconfirming of your belief. .” And then people will feel licensed to say what they had shut up about. RITHOLTZ: Oh, really?

Economics 245

Economics Media Government Numbers 245

James Hendries

NOVEMBER 8, 2022

With the economy exhibiting low growth and generationally high inflation, these additional factors point to the House very likely flipping with some possibility of a wave election for Republicans. These runoffs do happen: In 2022 both Georgia Senate seats went to a runoff, as did Georgia Senate election in 1992 and 2008.

Marketing 52

Marketing Marketing Government Banking 52