Carson Wealth

JUNE 23, 2025

Worries over the fallout from the Middle East conflict has traders on edge, while US economic data has been slowing some, and the Federal Reserve (“Fed”) is continuing to hold rates firm (which we discuss in more detail below). Well, looking at past bull markets more closely shows similar action to what we’ve seen this year.

Marketing

Carson Wealth

MARCH 10, 2025

Then who could ever forget the Great Financial Crisis ,which bottomed on March 9, 2009 after a down 56% generational bear market? Our basic conclusion was that while we did see an increase in economic risks, it did not change our baseline view. Not what you want to see if youre looking for an acceleration in economic growth.

Marketing

Carson Wealth

JUNE 16, 2025

Look one more time at those dates: February 1975, October 1982, December 1998, April 2009, May 2020, and now. Despite several Middle Eastern conflicts that did not lead to market drawdowns, there are some that had market and economic repercussions. but this is yet another reason to remain optimistic the second half of 2025.

Marketing

Carson Wealth

JUNE 16, 2025

Look one more time at those dates: February 1975, October 1982, December 1998, April 2009, May 2020, and now. Despite several Middle Eastern conflicts that did not lead to market drawdowns, there are some that had market and economic repercussions. but this is yet another reason to remain optimistic the second half of 2025.

Marketing

Carson Wealth

APRIL 1, 2024

The Conference Board’s widely followed Leading Economic Index finally had its first monthly gain after 23 consecutive months of declines. Throughout the current rally, we have deferred to our proprietary leading economic index, created by our Chief Macro Strategist Sonu Varghese, whose Ph.D. While our U.S.

Marketing

Carson Wealth

JUNE 10, 2024

Even more impressive is the past four times this happened (1997, 2003, 2009, and 2020) all saw at least double-digit returns. The Bureau of Labor Statistics (BLS) actually measures this, via a metric called “part-time employment for economic reasons.” MAY”be we have a positive signal from the strong May. Did you see what I did there?

Marketing

Carson Wealth

JULY 8, 2024

Not exactly weak (the hiring rate collapsed below 3% during the 2008-2009 recession), but not too hot either. That is why there’s really no such thing as a mild recession — the three recessions prior to the pandemic recession (1991, 2001, 2008-2009) were all bad from an employment perspective, as it took years for the labor market to recover.

Marketing

Carson Wealth

MARCH 27, 2023

There are certainly more questions than answers right now, and yes, the odds of a recession have increased as banks will tighten lending, which could lead to an economic slowdown. Still, economic data is improving. Think back to March 2003, March 2009, and March 2020. One of the best reasons to be bullish is very few people are.

Marketing

Carson Wealth

MARCH 11, 2024

The S&P 500 fell an eventual 57% from its October 2007 peak before bottoming on March 9, 2009, and finally ending the global financial crisis (GFC) bear market. That’s a solid foundation for additional economic gains that ultimately could push stock prices higher. Bank stocks were outright collapsing, with many down 90%.

Marketing

Carson Wealth

JUNE 12, 2023

Carson’s leading economic index indicates the economy is not in a recession. We found there were two times during the tech bubble that stocks gained 20% and again moved to new lows, and it also happened during the global financial crisis of 2007-2009. We’ve been in the bullish camp all year, expecting better times and returns.

Marketing

Carson Wealth

MAY 22, 2023

Economic data continues to come in strong, including for retail sales and vehicle production. Housing starts and permits data are turning around as builders become more confident about the economic outlook. Housing may no longer be a drag on economic growth the rest of this year. The housing market is showing signs of recovery.

Marketing

Brown Advisory

DECEMBER 2, 2015

After the 2008-2009 financial crisis, many clients could use loss carry-forwards to reduce taxes against gains taken in subsequent years. Circular 230 Compliance Statement: Regulations contained in IRS Circular 230 regulate written communications from us concerning tax matters. Ensuring Legacies Last. By Joe Ferlise, Strategic Advisor.

Taxes

The Big Picture

FEBRUARY 6, 2024

And ev all the sort of compliance, client service, legal, kind of, everything was done sort of on the side by investment people. And I can tell you from personal experience, us finance people, we’re not great at accounting, legal, compliance, all the detail and stuff that, that keeps the firm running. I love Judge John Hodgman.

Valuation

Brown Advisory

JANUARY 4, 2016

At a minimum, the new rules have raised the bar on the effective economics of being public. It appears that 2015 will go down as the slowest year for technology IPOs since 2009, according to Renaissance Capital. Further, many companies are reluctant to subject themselves to the perceived short-term mentality of Wall Street.

Investing

The Big Picture

AUGUST 15, 2023

Let me say what your compliance wouldn’t allow you to say. So I think that argument is very valid in those couple of years, 2009, 2010 probably, maybe 2011, which was a tough year for hedge funds. SEIDES: Yeah, I wouldn’t measure it in terms of economic returns. We were short subprime mortgages with John Paulson.

Management

The Big Picture

JULY 26, 2022

I’ve had a coach since 2009. And so, coaching was an exercise — back then in 2009, it was not very well known and it was definitely an exercise in humility of saying, “I think I need some help.” WEAVER: But if we can hit our target — RITHOLTZ: We all have compliance departments. WEAVER: Yeah.

Numbers

The Big Picture

SEPTEMBER 10, 2024

In doing so, I thought this conversation was really quite fascinating, and I think you will also, especially if you’re not only interested in equity, but curious as to how to combine various aspects of market functions, valuation, economic cycle, fed actions into one coherent strategy. 2009, 10 in that role. I, I love that area.

Valuation

The Better Letter

APRIL 27, 2023

On the other hand,… …I see the evidence as demonstrating that there are many, many exceedingly difficult questions, personal, moral, ethical, religious, economic, political, and otherwise. She was an aggressive attorney with impeccable academic credentials and much experience in compliance. Many are indeed fundamental.

Banking

The Big Picture

SEPTEMBER 5, 2023

And so the idea is that, what I’ve heard is like, hey, we’re going into a recession or a weak economic period so therefore everybody’s going to go into work four and a half days a week because they want face time with their boss. And then he left in 2009. Does it become harder to get insurance? ” MILLER: Yeah.

Sales

The Big Picture

DECEMBER 14, 2022

MCCARTHY: I’d back up actually a little bit further in thinking about how did I get there, because I don’t think it was very obvious actually that I would come out of Yale with an ethics, politics and economics degree — RITHOLTZ: Perfect really, right? MCCARTHY: — and end up in M&A on Wall Street.

Assets

Sara Grillo

SEPTEMBER 12, 2022

Nothing in this podcast or blog can be interpreted as legal or compliance advice. For advise on such matters, contact a legal or compliance advisor. Robert completed His Undergraduate Degree at The University of Utah in Economics and his Master of Science in Advanced Personal Financial Planning at Kansas State University.

CFP

The Big Picture

MARCH 21, 2023

ASNESS: Well, I was striving for uncorrelated, but then the compliance officer in my head is saying sometimes it doesn’t come out to zero all the time. And it’s really not a compliance reason, I hope it’s more of an intellectual honesty reason. I just want to put in — RITHOLTZ: That’s correlated? ASNESS: Yes.

Valuation

The Big Picture

JUNE 3, 2024

So you mentioned financial repression, you and the rest of the quants in your core group, including gun lock, decide to stand up your own firm in 2009. I also, I also think what happened is that, you know, a lot of us are trained, especially from an economic background to look at and financial markets to look over year over year data.

Math

The Big Picture

NOVEMBER 25, 2024

And so graduating right into 2009, right out of the financial crisis, I said, I don’t think I’m gonna get a job. You know, you run an RIA, the SEC just comes knocking every once in a while to say, Hey, just wanna make sure the compliance program’s all set up. And I just caught the bug. It’s what it is.

Portfolio