The Big Picture

MAY 4, 2023

The least contentious of which is that modest increases in minimum wages increase economic activity and create jobs. During that time, consuming lots of academic research, I reached a few logically supported conclusions. But there are other surprises around the minimum wage. Previously : Why Aren’t There Enough Workers?

Food 364

Food Economy Retail Retirement 364

Nationwide Financial

MARCH 22, 2023

In February, Boeing, received just five new orders, according to the company website, which is the lowest monthly net order total since January 2021. The February retail sales report showed that consumers pulled back on spending, but the level of sales was still strong and continues to drive economic growth. percent, after a softer 0.8

Economics 98

Economics Banking Sales Retail 98

The Big Picture

MARCH 28, 2024

2021 Inflation Surge : In March 2021, CPI shot through the feds upside target of 2%. The latest plot line was simply the animal spirits have been awoken and they have run amok and that’s how we have avoided an economic contraction. The following year similarly saw a substantial 28% rally.

Manufacturing 335

Manufacturing Economy Economics Portfolio 335

Calculated Risk

DECEMBER 10, 2022

The key economic reports this week are November CPI and Retail Sales. The FOMC meets this week, and the FOMC is expected to announce a 50 bp hike in the Fed Funds rate. -- Monday, December 13th -- No major economic releases scheduled. -- Tuesday, December 14th -- 6:00 AM: NFIB Small Business Optimism Index for November.

Retail 52

Retail Manufacturing Sales Economics 52

Nationwide Financial

MARCH 6, 2023

Other economic data showed a surprising jump in housing market activity and jobless claims remained very low, while core durable goods orders and shipments when adjusted for inflation were softish. 1) Services employment picks up The employment component of February’s ISM services index climbed to its highest level since December 2021.

Economics 52

Economics Transportation Manufacturing Economy 52

Nationwide Financial

JULY 20, 2022

and its impact on economic growth, George Bernard Shaw’s quote seems apropos. Undeniably, for decades, economists and deficit hawks alike have been debating the merits of rising national debt and weaker economic activity as a result. growth rate for 2021. Instead, many factors can influence why economic growth may moderate.

Economics 59

Economics Budgeting Economy Government 59

Park Place Financial

NOVEMBER 29, 2022

Estates Estate Planning in this Economic Climate Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Between inflation, increasing interest rates, federal changes to monetary policies, and global conflict, many factors are putting a strain on the current economic situation. million per person in 2021 to $12.06

Estate Planning 52

Estate Planning Economics Planning Financial Planner 52

The Big Picture

JANUARY 3, 2023

What does this rock traversing through the vast emptiness of space have to do with economic expansion, corporate revenues & profits, inflation, or interest rates? Consider: From 2010 through 2021, The S&P500 Index gained 330% — a little over 13% annually (not including dividends). Our planet has done this about 4.54

Economy 318

Economy Economics Portfolio Media 318

Nationwide Financial

JUNE 13, 2023

Coming off the blowout jobs report and the debt ceiling agreement, last week was a slower week for economic data. Given the Fed’s guidance, we expect them to hold rates unchanged on Wednesday, but retain a hawkish bias which opens the door to a July rate hike if economic activity and namely inflation do not cool sufficiently.

Economics 52

Economics Manufacturing Retail Sales 52

ClearMoney

JANUARY 4, 2022

The distribution of vaccines and the easing of lockdowns were followed by an economic rebound, but the emergence of new variants would be a setback for the recovery. Throughout the year, the market continued a relatively steady rise, with large cap stocks in the US ending 2021 near a record high.

Marketing 52

Marketing Marketing Commission Government 52

The Irrelevant Investor

APRIL 13, 2024

Articles Instead of viewing behavioral economics as a window, we should regard it as a mirror. (By By Ben Carlson) Podcasts The movie. The post These Are the Goods appeared first on The Irrelevant Investor.

Economy 88

Economy Economics Planning 88

The Big Picture

JANUARY 30, 2023

In 2020, all you had to do was Hodl Meme stocks; In 2021, it was day trade your way to wealth; before that, just be a Crypto bro, or you can “ Have fun being poor !” Remember the Dunning Kruger couple ( video ) we discussed in September 2021 ? 2 * sigh * A few economic truisms: Anything worthwhile requires time and effort.

Media 291

Media Economics Investing Investments 291

The Big Picture

JANUARY 23, 2023

Microsoft laid off 10% of its 221,000 workforce bringing headcount back to mid-2021 levels. Amazon , now has 1.5 million employees, more than half of whom were hired in 2020-2022. Google just fired 12,000 people; they hired 57,000 over the past two years. Last, the Labor market remains very robust. At least, not yet.

Economics 314

Economics Numbers Planning Investing 314

The Big Picture

OCTOBER 23, 2023

” That poor belief system has disadvantaged America — it has made us economically weaker, prevented the country from performing basic maintenance on its infrastructure, and generally made it a harsher place to live. Note that we undertook much of the work anyway (airports, electrical grid, roads, etc.),

Government 326

Government Economics Taxes Budgeting 326

Nationwide Financial

FEBRUARY 6, 2023

Retail activity as a percentage of the total market is at a record high, reflecting the buy-the-dip mentality, and has hints of the “gamification” of the market seen in 2021. is the lowest since 2021. Economic releases include consumer credit on Tuesday and consumer sentiment on Friday.

Economics 59

Economics Marketing Marketing Retail 59

The Big Picture

AUGUST 1, 2023

After a monstrous 68% recovery from the March 2020 pandemic low, and another nearly 30% gain in 2021, markets decided to have one of their all-too-regular spasms. Were you a late FOMO buyer in 2021? Recall John Kenneth Galbraith’s observation: “The only function of economic forecasting is to make astrology look respectable.”

Economics 246

Economics Valuation Marketing Marketing 246

Brown Advisory

JANUARY 12, 2022

Global Leaders Investment Letter: December 2021. We seek competitively advantaged companies as long-term protection of our businesses’ economics given our desire for longevity of return on capital. Ultimately, the most important thing is that the moats protect the key economic drivers of our investment thesis. Just want the PDF?

Investing 52

Investing Investments Clients Economics 52

Nationwide Financial

APRIL 24, 2023

The latest batch of economic data continue to signal that a recession is on the horizon — we still foresee a downturn unfolding in the second half of the year. The Conference Board’s Leading Economic Index (LEI) posted its 12th straight monthly decline, falling to its lowest level since November 2020. from a year ago.

Economics 52

Economics Economy Sales Food 52

Brown Advisory

JANUARY 1, 2021

Global Leaders Investment Letter: January 2021 jharrison Fri, 01/01/2021 - 08:53 Just want the PDF? When does crowd psychology take hope for economic return beyond what valuation can support? Or is it a convenient way to measure the relative economic value created between our starting and end points? What is Space?

Investing 52

Investing Investments Valuation Economics 52

Brown Advisory

FEBRUARY 5, 2021

For both companies and governments, this provides incredible economic and infrastructure opportunities, but also exposes massive risks to security and privacy. MORE ON THIS TOPIC Podcast - Citizens of Cyberspace: Who is in charge? Technology rules the way we communicate, connect, consume and collaborate.

Investing 52

Investing Investments Clients Valuation 52

Brown Advisory

FEBRUARY 5, 2021

Investment Insights: What you need to know about Technology in 2021. Fri, 02/05/2021 - 05:00. For both companies and governments, this provides incredible economic and infrastructure opportunities, but also exposes massive risks to security and privacy. Podcast - Citizens of Cyberspace: Who is in charge?

Investing 52

Investing Investments Clients Valuation 52

Nationwide Financial

APRIL 11, 2023

As developments on the banking sector settled down in the latest week, economic data returned to center stage, highlighted by the February’s consumer inflation and spending data. Headline consumer inflation fell to its slowest pace since September 2021, but the details suggest little downward pressure on the services side.

Economics 52

Economics Manufacturing Banking Marketing 52

NAIFA Advisor Today

APRIL 22, 2024

With millions of Americans engaged in the care of loved ones, Golden reveals the economic and emotional challenges that persist in what she refers to as the "shadow" caregiving economy.

Financial Planning 52

Financial Planning Economics Planning Economy 52

The Big Picture

DECEMBER 5, 2022

I was working on a longer piece about which economic strata the Fed has the greatest impact on (its more complicated than you might think) when Invictus DM’d me this amazing FRED chart. Wages in America (2013-2021). We looked at this idea earlier this year , but it’s worth revisiting. The Fred Blog, December 5, 2022.

Distribution 297

Distribution Economics Accounting 297

Calculated Risk

JANUARY 10, 2024

Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2024. million in 2021 (the two best years ever), but still a solid year for employment gains. This graph shows the jobs added per month since January 2021. I'm adding some thoughts, and maybe some predictions for each question. million to 1.5

Economy 117

Economy Manufacturing Economics Sales 117

The Big Picture

AUGUST 19, 2022

If these two markets appear to be suggesting two different future economic results, it is more likely a reflection of those investor differences than a result of markets collectively forecasting two different things. Real Wages (November 22, 2021). One-Sided Markets (September 29, 2021). The Great Reset (June 2, 2021).

Marketing 309

Marketing Marketing Risk Tolerance Economy 309

Brown Advisory

JANUARY 12, 2022

Global Leaders Investment Letter: December 2021 jharrison Wed, 01/12/2022 - 04:28 Just want the PDF? We seek competitively advantaged companies as long-term protection of our businesses’ economics given our desire for longevity of return on capital. 1 Drive: The Surprising Truth About What Motivates Us by Daniel H.

Investing 40

Investing Investments Clients Economics 40

Nationwide Financial

JANUARY 3, 2023

recorded in June 2021. The post Slower momentum entering the new year: Weekly Economic Review & Outlook appeared first on Nationwide Financial. In contrast, the ISM non-manufacturing index likely remains well in expansion territory as we expect it to only slip to 55.3 percent rate from a 5.1 percent pace in November.

Economics 52

Economics Manufacturing Numbers Economy 52

The Big Picture

JULY 5, 2023

What it does reveal is that the Federal Reserve is not current with the latest research on 1) What drives inflation; 2) The fallibility of surveys and polling data; 3) An updated understanding of behavioral economics and how human decision-making works.

Economy 290

Economy Economics Investing Investments 290

The Big Picture

JULY 16, 2022

As he was writing the book in 2021, Ilmanen warned of a coming “investment winter ahead” which in light of the first half of 2022 seems prescient. It takes a longer period of lower returns to make up for that. He adds that Value Premium remains inexpensive versus the rest of the market.

Portfolio 354

Portfolio Valuation Engineering Economics 354

The Big Picture

JULY 25, 2023

Essentially, he was referring to the entire field of behavioral economics. The 10-year returns for equities (2012-2021) when the SPX generated 16.6% Previously: Simple, But Hard (January 30, 2023) Tax Alpha (April 14, 2022) Accessing Losses via Direct Indexing (April 14, 2021) Behavioral Finance _ 1.

Assets 246

Assets Accounting Taxes Economics 246

The Big Picture

JULY 27, 2022

I have detailed over the past decade or so the lagging nature of wages in America — deflationary in economic terms — and how that had begun to change in the late 2010s pre-pandemic. In other words, the Great Resignation was mostly in 2021, but the after-effects are still being felt today even after Quit rates normalized.

Medicine 322

Medicine Numbers Food Insurance 322

Calculated Risk

APRIL 24, 2024

This marked the 14th consecutive month of declining billings at firms as inflation, supply chain issues, and other economic challenges continue to affect business. While inquiries into new projects have continued to grow during that period, it has been at a slower pace than in 2021 and 2022. Click on graph for larger image.

Economics 95

Economics Clients Investing Investments 95

The Big Picture

JUNE 22, 2023

Source: FRED Wealth disparities get ever more lopsided the higher up the economic strata you climb; there is more disparity with the top 1% than the top 10%, but the biggest spreads are at the top 0.1% (and above). Consider the chart at top, created by Invictus via FRED.

Distribution 291

Distribution Assets Economics Numbers 291

The Big Picture

OCTOBER 18, 2022

The four largest drops occurred during distinct periods of economic distress: 1990 (recession), 2006-09 (GFC), 2020 (pandemic/recession), and today (FOMC 300 bp rate hike). Previously : How Everybody Miscalculated Housing Demand (July 29, 2021). Aspirational Pricing (May 25, 2022).

Budgeting 363

Budgeting Economy Taxes Economics 363

Alpha Architect

JANUARY 17, 2024

This paper aims to analyze financial literacy in the United States, utilizing the most recent data from the National Financial Capability Study (NFCS) collected in 2021 by the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation.

Education 78

Education Economics Financial Planning Government 78

Nerd's Eye View

AUGUST 12, 2022

From there, we have several articles on Mergers & Acquisition (M&A) trends: M&A activity so far in 2022 is set to exceed 2021’s record pace despite economic headwinds, meaning there could simply be a ‘new normal’ of higher activity regardless of the economic environment.

Financial Planner 185

Financial Planner Retirement Healthcare Numbers 185