Calculated Risk

FEBRUARY 28, 2024

This graph shows the Freddie multi-family serious delinquency rate since 2012. There ismore in the article.

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312

The Big Picture

OCTOBER 10, 2022

25th Anniversary Black Monday 1987 Crash (October 19, 2012). Art Cashin: Black Monday, An Unforgettable Single Day (October 19, 2012). _. Previously : Where Were You On Black Monday? October 19, 2015). It was a volatile 17-year period with numerous rallies and selloffs. Markets were flat to modestly higher over that 16-year period.

Insurance 360

Insurance Portfolio Marketing Marketing 360

Calculated Risk

JANUARY 30, 2024

This graph shows the Freddie multi-family serious delinquency rate since 2012. Rates were still high in 2012 following the housing bust and financial crisis. Freddie Mac reports that the multi-family delinquencies rate was unchanged at 0.28% in December, and up from 0.12% in December 2022.

Marketing 277

Marketing Marketing 277

Calculated Risk

JUNE 17, 2025

Today, in the Calculated Risk Real Estate Newsletter: Housing Market Index and Single Family Starts A brief excerpt: This morning, the National Association of Home Builders (NAHB) released their monthly housing market index: Builder Sentiment at Third Lowest Reading Since 2012. There are several negatives for new home builders now.

Marketing 162

Marketing Marketing Numbers Economics 162

Wealth Management

MARCH 21, 2025

More than a decade after its 2012 launch, Citis experiment has ended with disappointed billionaires, a bitter legal battle and a lesson on the pitfalls of marketing private assets.

Assets 261

Assets Marketing Marketing 261

Calculated Risk

MAY 31, 2024

This graph shows the Freddie multi-family serious delinquency rate since 2012. Rates were still high in 2012 following the housing bust and financial crisis. Freddie Mac reports that the multi-family delinquencies rate increased to 0.35% in April, up from 0.34% in March, and down from 0.44% in January.

Marketing 280

Marketing Marketing 280

Calculated Risk

NOVEMBER 8, 2023

Several years later, in early 2012, when many people were still bearish on housing, the plunge in inventory in 2011 (blue arrow on graph below) helped me call the bottom for house prices in early 2012 (see The Housing Bottom is Here ).

Marketing 291

Marketing Marketing 291

The Big Picture

APRIL 4, 2025

Before joining General Atlantic in 2012, Martn was Co-Founder and CFO of Submarino.com, a leading Brazilian online retailer that went public on the Bovespa and was sold to Lojas Americanas in 2006. He was recently appointed to the Harvard Management Company Board.

Asset Allocation 146

Asset Allocation Wealth Management Assets Retail 146

Wealth Management

APRIL 10, 2024

After leaving Linscomb & Williams last year to launch an independent RIA that cuts clients in on profits, Harold Williams and his brother are being sued by the bank that bought their firm in 2012.

Clients 283

Clients Banking 283

Calculated Risk

OCTOBER 28, 2022

The following graph shows real Personal Consumption Expenditures (PCE) through September 2022 (2012 dollars). The PCE price index, excluding food and energy, increased 5.1 percent YoY, up from 4.9 percent in August. Note that the y-axis doesn't start at zero to better show the change. Click on graph for larger image.

Food 363

Food Economics 363

Calculated Risk

JULY 1, 2025

in May 2025 , down from 5% price growth last May and slowest since the winter of 2012. From Cotality (formerly CoreLogic): US home price insights — July 2025 Spring homebuying season continues to be defined by slower price growth and tepid home buying activity. Year-over-year price growth dipped to 1.8% reported negative home price growth.

Sales 147

Sales Marketing Marketing 147

Calculated Risk

MARCH 27, 2024

This graph shows the Freddie multi-family serious delinquency rate since 2012. Rates were still high in 2012 following the housing bust and financial crisis. Freddie Mac reports that the multi-family delinquencies rate declined to 0.35% in February, and down from 0.44% in January.

Marketing 270

Marketing Marketing 270

Calculated Risk

AUGUST 26, 2022

The following graph shows real Personal Consumption Expenditures (PCE) through July 2022 (2012 dollars). The PCE price index, excluding food and energy, increased 4.6 percent YoY, down from 4.8% Note that the y-axis doesn't start at zero to better show the change. Click on graph for larger image.

Food 357

Food Economics 357

Wealth Management

MAY 23, 2024

So in 2012, he left to launch SteelPeak Wealth with $250 million in AUM. After a dozen years in the wirehouse world, Reza Zamani began to recognize the limitations inherent to the model. Today, it manages $3 billioon with 20 advisors on the team.

Wealth Management 281

Wealth Management Financial Advisor Management 281

Calculated Risk

JUNE 8, 2023

From CoreLogic: CoreLogic: US Home Borrowers See First Annual Home Equity Losses Since 2012 in Q1 2023, but Overall Mortgage Performance Remains Strong CoreLogic®. homeowners with a mortgage lost a small amount of equity year over year for the first time since early 2012, while national combined equity followed suit.

Numbers 363

Numbers Distribution Accounting 363

Abnormal Returns

JUNE 17, 2025

papers.ssrn.com) Economy National home builder confidence fell to one of its lowest levels since 2012. (fastcompany.com) People need to be nudged to engage in salary negotiations. calculatedriskblog.com) Tariff front running is washing out of the economic numbers. abnormalreturns.com) What you missed in our Monday linkfest.

Advertising 159

Advertising Media Economy Banking 159

Calculated Risk

DECEMBER 23, 2022

The following graph shows real Personal Consumption Expenditures (PCE) through November 2022 (2012 dollars). The PCE price index, excluding food and energy, increased 4.7 percent YoY, down from 5.0 percent in October. Note that the y-axis doesn't start at zero to better show the change. Click on graph for larger image.

Food 362

Food Economics 362

Calculated Risk

JULY 29, 2022

The following graph shows real Personal Consumption Expenditures (PCE) through June 2022 (2012 dollars). The PCE price index, excluding food and energy, increased 4.8 percent YoY, up from 4.7 percent in May. Note that the y-axis doesn't start at zero to better show the change. Click on graph for larger image.

Food 342

Food Economics 342

Calculated Risk

MAY 26, 2023

The following graph shows real Personal Consumption Expenditures (PCE) through April 2023 (2012 dollars). The PCE price index, excluding food and energy, increased 4.7 percent YoY, up from 4.6 percent in March, and down from the recent peak of 5.4 percent in February 2022. Note that the y-axis doesn't start at zero to better show the change.

Food 358

Food Economics 358

Calculated Risk

DECEMBER 29, 2023

Several years later, in early 2012, when many people were still bearish on housing, the plunge in inventory in 2011 (blue arrow on graph below) helped me call the bottom for house prices in early 2012 (see The Housing Bottom is Here ). Somewhat lower mortgage rates - and time - will likely lead to more new listings in 2024.

Economics 290

Economics Sales Marketing Marketing 290

Calculated Risk

JANUARY 27, 2023

The following graph shows real Personal Consumption Expenditures (PCE) through December 2022 (2012 dollars). The PCE price index, excluding food and energy, increased 4.4 percent YoY, down from 4.7 percent in November, and down from the recent peak of 5.4 percent in February 2022. Click on graph for larger image.

Food 354

Food Economics 354

Wealth Management

FEBRUARY 15, 2023

In 2012, a confluence of events in Tyrone Ross Jr.’s s life, including a failed Olympic attempt, brought him to a dark place. But his experiences have built perseverance and grit that drives him forward.

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261

Calculated Risk

JUNE 26, 2023

This graph shows the Freddie multi-family serious delinquency rate since 2012. Rates were still high in 2012 following the housing bust and financial crisis. Freddie Mac reports that multi-family delinquencies increased to 0.20% in May, up from 0.07% in May 2022.

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The Big Picture

MAY 21, 2025

They achieved the highest sales per square foot in 2012 among all retailers. ” See also : A Big Misunderstanding John Gruber, (Daring Fireball, December 20, 2012) Popular or Best? The Apple Store was clearly one of those game-changers: By 2020, Apple had opened over 500 stores in 25 countries. billion per month.

Retail 205

Retail Media Electronics Investing 205

The Big Picture

JUNE 22, 2023

Using IRS data, University of California at Berkeley’s Emmanuel Saez and Gabriel Zucman’s 2014 study found: The share of total wealth of the top 1% has increased steadily, from below 25% in 1978 to 42% in 2012. The top 0.01% of US households had at least $111 million in net worth in 2012, compared to $4 million for the 1 %.

Distribution 304

Distribution Assets Numbers Economics 304

Calculated Risk

OCTOBER 1, 2022

The following graph shows real Personal Consumption Expenditures (PCE) through August 2022 (2012 dollars). The PCE price index, excluding food and energy, increased 4.9 percent YoY, up from 4.7% Note that the y-axis doesn't start at zero to better show the change. Click on graph for larger image.

Food 333

Food Economics 333

Calculated Risk

APRIL 28, 2023

The following graph shows real Personal Consumption Expenditures (PCE) through March 2023 (2012 dollars). The PCE price index, excluding food and energy, increased 4.6 percent YoY, down from 4.7 percent in February, and down from the recent peak of 5.4 percent in February 2022. Click on graph for larger image.

Food 320

Food Economics 320

Calculated Risk

DECEMBER 30, 2022

Several years later, in early 2012, when many people were still bearish on housing, the plunge in inventory in 2011 (blue arrow on graph below) helped me call the bottom for house prices in early 2012 (see The Housing Bottom is Here ).

Economics 264

Economics Sales Marketing Marketing 264

Calculated Risk

JANUARY 5, 2025

(this gives 2.8% real annual growth). Real GDP Growth Year Annual GDP Q4 / Q4 2005 3.5% 2008 0.1% -2.5% 2009 -2.6% 2020 -2.2% -1.0% 2024 1 2.8% 1 2024 estimate based on 2.8% Q4 SAAR annualized real growth rate.

Economy 173

Economy Economics Sales Investing 173

A Wealth of Common Sense

MARCH 16, 2025

Coming into 2025 the S&P 500 had just two down years out of the past 15: 2010 +14.8% 2024 +24.9% We were all probably a little spoiled. Regardless of the reason for the recent swoon, we were due.

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116

Calculated Risk

SEPTEMBER 29, 2023

The following graph shows real Personal Consumption Expenditures (PCE) through August 2023 (2012 dollars). The PCE price index, excluding food and energy, increased 3.9 percent YoY, down from 4.3 percent in July, and down from the recent peak of 5.6 percent in February 2022. Click on graph for larger image.

Food 321

Food Taxes Economics 321

Calculated Risk

MAY 5, 2023

million containers and trailers, down 10.9% (484,228) from last year and the fewest for January to April since 2012. million units, down 10.9% (484,228) from last year and the fewest for January to April since 2012. April’s decline was the 14th straight and 20th in the past 21 months. In 2023 through April, volume was 3.97

Accounting 246

Accounting 246

Calculated Risk

JANUARY 10, 2024

The second table shows the change in construction and manufacturing payrolls starting in 2006.

Economy 298

Economy Manufacturing Economics Sales 298

The Big Picture

OCTOBER 27, 2022

The stock is now underperforming the S&P 500 since it went public in 2012.” Previously : Less than meets the eye at Facebook (February 18, 2012). ” Regardless of what you think of Musk, he is not someone you want to be competing with if you can avoid it. MiB: Scott Galloway on The Four (October 28, 2017).

Advertising 276

Advertising Media Marketing Marketing 276

Calculated Risk

JULY 8, 2024

This graph shows the Freddie multi-family serious delinquency rate since 2012. Rates were still high in 2012 following the housing bust and financial crisis. Freddie Mac reports that the multi-family delinquencies rate increased to 0.36% in May, up from 0.35% in April, but down from the recent peak of 0.44% in January.

Marketing 182

Marketing Marketing 182

Calculated Risk

JUNE 9, 2025

. • In fact, if you back out outliers, such as the Fed rate hikes in 2022 and the COVID shutdown in 2020, this is the first time we’ve seen home prices decline, on an adjusted basis, in any month since 2012. Condos were the first to turn, with condo prices now down nearly a full percentage point from the same time last year.

Sales 147

Sales Government Numbers Marketing 147

Calculated Risk

JULY 29, 2024

This graph shows the Freddie multi-family serious delinquency rate since 2012. Rates were still high in 2012 following the housing bust and financial crisis. Freddie Mac reports that the multi-family delinquencies rate increased to 0.38% in June, up from 0.36% in April, but down from the recent peak of 0.44% in January.

Marketing 173

Marketing Marketing 173