The Big Picture

NOVEMBER 2, 2023

The Pandemic crash and rally was a 34% reset and a continuation of the bull that formally began in March 2013. February 4, 2013) Looking at the Very Very Long Term (November 6, 2003) Bull & Bear Markets The post Where is This Rally Going? Secular Bull Market : US stocks are in the 5-6th inning of a bull market.

Taxes 279

Taxes Portfolio Marketing Marketing 279

Brown Advisory

JUNE 1, 2013

The Advisory | June 2013. Sat, 06/01/2013 - 11:20. As multiyear stimulus from central banks pours liquidity into the markets, equity investors would be wise to align their portfolios with the bankers.

Banking 52

Banking Portfolio Marketing Marketing 52

The Big Picture

AUGUST 15, 2022

The best examples are 1946-66, 1982-2000, and 2013 forward. for this to be the case two things must have happened: 1) The secular bull market that began in 2013 has ended, and 2) We are now in a new secular bear market. We call these eras Secular Bull Markets.

Economy 323

Economy Marketing Marketing Economics 323

Brown Advisory

MARCH 1, 2013

The Advisory | March 2013. Fri, 03/01/2013 - 10:24. Homebuilding stocks look expensive, but there’s still ample potential to capture returns from the housing recovery in other ways.

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The Big Picture

JUNE 16, 2023

Previously : America’s Corporate Welfare Queens (November 13, 2013) Minimum Wage Increases Do Not Destroy Jobs (January 24, 2019) Generational Reset of Minimum Wage (November 30, 2021) Wages in America The post Americonned appeared first on The Big Picture. And the personal stories are compelling.

Numbers 330

Numbers 330

Brown Advisory

NOVEMBER 1, 2013

Strategic Advisory Letter | 2013 Year-End Planning Checklist. Fri, 11/01/2013 - 12:07. Last year at this time, we faced a great deal of uncertainty regarding changes to U.S.

Planning 52

Planning Tax Planning Taxes Assets 52

The Big Picture

DECEMBER 5, 2022

Wages in America (2013-2021). Wealth Distribution in America (April 11, 2019). Composition of Wealth Differs: Middle Class to the Top 1% (June 5, 2019). No, Your iPhone Does Not Make You Wealthy (June 4, 2018). Source : Moving between wealth brackets: Minimum cutoffs from the Distributional Financial Accounts.

Distribution 304

Distribution Economics Accounting 304

The Big Picture

JULY 27, 2022

Consider these columns going back to 2013 pointing out the foolishness of tax-payer subsidized corporate welfare queens (2013), and why median wages were rising ( 2016 , 2017 , 2018 , 2018 , 2019 ). Then came the pandemic, and a huge federal worker subsidy.

Medicine 327

Medicine Numbers Food Insurance 327

The Big Picture

NOVEMBER 10, 2023

June 21, 2021) Tversky and Kahneman Changed How We Think (December 5, 2016) How Shiller helped Fama win the Nobel (October 26, 2013) Plus, I have to include the discussion of Amos Tevarsky and Danny Kahnemann: Michael Lewis on The Undoing Project (December 10, 2016) The post MiB: The Nobel Laureates appeared first on The Big Picture.

Investing 143

Investing Investments Marketing Marketing 143

Advisor Perspectives

MAY 9, 2023

The headline number for April dropped to its lowest level since January 2013, coming in at 89.0, from the previous month and below the Investing.com forecast of 89.6. April's reading remains below the series average of 98.2 for the 16th consecutive month. The index is at the 5th percentile in this series.

Numbers 132

Numbers 132

Calculated Risk

MARCH 13, 2024

And on mortgage rates, here is some data from the FHFA’s National Mortgage Database showing the distribution of interest rates on closed-end, fixed-rate 1-4 family mortgages outstanding at the end of each quarter since Q1 2013 through Q3 2023 (Q4 2023 data will be released in a two weeks).

Distribution 108

Distribution 108

Carson Wealth

SEPTEMBER 28, 2023

Should we have a full government shutdown (the last time was in 2013), then all 1.9 It was estimated that the full shutdown in 2013 lead to a loss of $500 million in spending at national parks according to the National Park Services. It will take a bipartisan deal to avoid a shutdown or to reopen it. Libby Cantrill, head of U.S.

Government 111

Government Banking Food Economics 111

The Big Picture

JUNE 22, 2023

(December 5, 2022) The Super Wealthy versus the Merely Rich (February 7, 2022) Wealth Distribution in America (April 11, 2019) Composition of Wealth Differs: Middle Class to the Top 1% (June 5, 2019) Wages in America (2013-2021) The post Wealth Inequality Starts at the Top appeared first on The Big Picture.

Distribution 297

Distribution Assets Economics Numbers 297

Brown Advisory

MAY 29, 2013

2013 BERKSHIRE HATHAWAY ANNUAL SHAREHOLDER MEETING. Wed, 05/29/2013 - 11:45. The Berkshire Hathaway annual meeting is an opportunity for shareholders and analysts to pose questions to Warren Buffett and Charlie Munger in a five-hour session covering over 60 questions.

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The Big Picture

APRIL 29, 2023

2013: Talking Watches with John Mayer 2,344,287 views Sep 25, 2013 Well. He is a member of the Management Committee and Co-Chair of the Asset Management Investment Committees, (private equity, infrastructure, growth equity, credit, and real estate). You asked for it. You got it.

Advertising 164

Advertising Wealth Management Assets Accounting 164

The Big Picture

OCTOBER 25, 2022

Note the issue with OER is not a new phenomenon, and the research note 1 above was from 2013. Mike Bryan and Nick Parker, March 11, 2013). I thought that was important enough when I saw it in 2013 to have mirrored it at The Big Picture. -Mike Bryan and Nick Parker, MacroBlog , Atlanta Federal Reserve. Think Again.

Government 281

Government Assets Retail Manufacturing 281

The Big Picture

JULY 26, 2023

Laurence Ball, Professor of Economics at Johns Hopkins and Research Associate at the National Bureau Of Economic Research, made the case in 2013 that 4% was a more rational target. The case for 4% inflation , Laurence Ball, VoxEU/CEPR 24 May 2013 3. Peasants: We have found a witch! (A a witch!)

Economy 246

Economy Economics Numbers Banking 246

Advisor Perspectives

JANUARY 26, 2024

Following a period of relatively calm asset markets from 2013-2019, in which the CBOE Volatility Index (VIX) averaged just below 15, volatility in asset markets has returned 1 and investors have been looking for ways to protect themselves.

Assets 52

Assets Portfolio Marketing Marketing 52

The Big Picture

OCTOBER 19, 2023

Family Finances from 2019 to 2022 Survey of Consumer Finances Federal Reserve October 2023 Causes of Death By Saloni Dattani, Fiona Spooner, Hannah Ritchie and Max Roser Our World in Data, (2023) 1.

Media 350

Media Economy Economics Wealth Management 350

Calculated Risk

DECEMBER 26, 2023

Here is some data showing the distribution of interest rates on closed-end, fixed-rate 1-4 family mortgages outstanding at the end of each quarter since Q1 2013 through Q3 2023. This shows the surge in the percent of loans under 3%, and also under 4%, starting in early 2020 as mortgage rates declined sharply during the pandemic.

Distribution 106

Distribution 106

Advisor Perspectives

JANUARY 11, 2024

It was called the 70/20/10 rule, and it was promoted by Roger Edelman, Richard Evans and Gregory Kadlec in an early 2013 Financial Analysts Journal article. A friend of our stock picking discipline reminded us of a very important force in the stock market.

Marketing 52

Marketing Marketing 52

Wealth Management

OCTOBER 10, 2022

markets added the most self-storage units between 2013 and 2022? We look at the latest stats.

Marketing 118

Marketing Marketing 118

Million Dollar Round Table (MDRT)

JANUARY 28, 2024

But in his 2013 MDRT Annual Meeting presentation “Your internal advantage,” Michael Anthony describes that assuredness uniquely: as the power that allows you to walk into a room and handle a problem others won’t. By Matt Pais, MDRT Senior Content Specialist It’s no secret that believing in yourself is important.

Food 79

Food 79

NAIFA Advisor Today

JUNE 14, 2023

In 2013, he released his award-winning book Living a Life of Significance , which has sold 90,000-plus copies in five languages. Joe Jordan is an inspirational speaker and behavioral finance expert. Additionally, Joe is a Founder of the Insured Retirement Institute and was featured on the cover of Life Insurance Selling Magazine.

Financial Services 93

Financial Services Insurance Retirement 93

Calculated Risk

FEBRUARY 3, 2023

On the discouraging side, January 2023 was the worst January for intermodal since 2013 , with originations down 8.1% Intermodal volume averaged 229,982 units per week in January 2023, the fewest for January since 2013. January 2022 was the worst January for total carloads in our records that begin in 1988. from last year. railroads.

Retail 95

Retail Numbers 95

Meb Faber Research

NOVEMBER 16, 2022

Fama, 2013 Nobel laureate in economic sciences, is widely recognized as the “father of modern finance.” Episode #455: Eugene Fama: A Life in Finance Guest: Eugene F. ” His research is well known in both the academic and investment communities.

Economics 102

Economics Investing Investments Marketing 102

The Irrelevant Investor

AUGUST 30, 2022

For the first time since January 2013, the S&P 500 has not been. The V-shaped recovery was something investors could hang their hats on. Well, as the saying goes, we’re not in Kansas anymore. It really is different this time. The post It’s Different This Time appeared first on The Irrelevant Investor.

Marketing 112

Marketing Marketing 112

The Big Picture

AUGUST 25, 2022

After the launch of RWM in 2013, we tried different formats: The Evidence-Based Investment conference tried to pull some of the irrationality out of typical conferences; Wealth | Stack looked at the intersection of technology and wealth management. It didn’t have to be expensive or exclusive, so long as it was informative and useful.

Wealth Management 335

Wealth Management Investing Investments Management 335

Calculated Risk

DECEMBER 11, 2023

Here is a graph of the participation rate by age cohort for November (1983, 1993, 2003, 2013 and 2023 NSA). Second, the reason we use the 25 to 54 group is that the participation rate is fairly steady across the entire age spectrum.

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113

The Big Picture

MAY 19, 2023

As I keep saying, one day, this cycle will end, a recession to worse will occur, and the secular bull market that began in 2013 will end. Russell 2000 is the big laggard in 2023, and has been much of the year. That day is not here yet… FinTV comments I keep hearing: 1. Only 5 stocks driving markets 2. Recession is inevitable 3.

Marketing 281

Marketing Marketing Math Media 281

Calculated Risk

JANUARY 12, 2024

million) from 2021, and the lowest annual volume since 2013. For all of 2023, U.S. intermodal originations totaled 12.67 million containers and trailers — down 4.9% (657,165 units) from 2022 , down 9.6% (1.35 In 2023, containers were 94.9% intermodal units, a record high. emphasis added Click on graph for larger image.

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101

Million Dollar Round Table (MDRT)

MARCH 16, 2023

In his 2013 Annual Meeting presentation “Measuring what matters,” Ralph Antolino Jr., By Matt Pais, MDRT Content Specialist So much of life is about perspective, and a successful advisor is an upbeat advisor. CLU, reiterates this by identifying nine secrets of ultra-happy people, many of which hinge on your outlook.

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Nerd's Eye View

JUNE 12, 2023

And so, in the spirit of sharing, a few years ago I launched my list of " Recommended (Book) Reading for Financial Advisors ", and it was so well received that in 2013 I also started sharing my annual "Summer Reading List" for financial advisors of the best books I'd read in the preceding year.

Financial Advisor 222

Financial Advisor Financial Planner Professional Services Clients 222

The Big Picture

AUGUST 15, 2022

On a price-only basis, the index didn’t reach those 2007 highs again until March 2013: ( Wealth of Common Sense ). • Let’s look at the 2008 scenario as an example. The S&P 500 topped out in early October 2007 and bottomed in March 2009. How Remote Work is Shifting Population Growth Across the U.S.

Communication 289

Communication Startup Management Economics 289

The Big Picture

AUGUST 30, 2023

” Morningstar’s key observation: Over the most recent 10-year period (2013-22), fund investors lagged the very funds they owned by 1.7% In addition, our research imparts a few lessons on how investors can avoid these gaps and capture more of their fund holdings’ total returns.” Considering those funds averaged a 7.7%

Assets 243

Assets Investing Investments Taxes 243

Calculated Risk

JANUARY 10, 2024

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

Economy 117

Economy Manufacturing Economics Sales 117

Calculated Risk

SEPTEMBER 11, 2023

Here is some data from the FHFA’s National Mortgage Database showing the distribution of interest rates on closed-end, fixed-rate 1-4 family mortgages outstanding at the end of each quarter since Q1 2013 through Q1 2023 (Q2 2023 data will be released in a few weeks).

Distribution 98

Distribution Numbers Planning 98