Advisor Perspectives

FEBRUARY 7, 2023

Valuation metrics across all but the U.S. interest rate dimension remain unambiguously attractive.

Valuation 40

Valuation 40

Validea

OCTOBER 19, 2022

Here are some lessons from 2022 that standout to me. Coming into 2022, the 60/40 stock/bond portfolio had been a stalwart strategy for your balanced investor. While some of that outperformance was due to improving fundamentals and earnings, most of it the returns came from the valuation investors assigned to these stocks.

Investing 128

Investing Investments Valuation Portfolio 128

Advisor Perspectives

JANUARY 3, 2023

Quick take: Based on the December S&P 500 average of daily closes, the Crestmont P/E is 115% above its arithmetic mean and at the 97th percentile of this fourteen-plus-decade monthly metric.

Valuation 52

Valuation Marketing Marketing 52

Advisor Perspectives

DECEMBER 1, 2022

Quick take: Based on the November S&P 500 average of daily closes, the Crestmont P/E is 118% above its arithmetic mean and at the 97th percentile of this fourteen-plus-decade monthly metric.

Valuation 52

Valuation Marketing Marketing 52

The Big Picture

JULY 16, 2022

His research into markets and valuation has won numerous accolades and recognitions, including the Graham and Dodd award, the Harry M. ” He explains how valuations are the key driver of expected returns: When stocks or bonds are expensive, they have effectively “pulled forward” returns for future years.

Portfolio 354

Portfolio Valuation Engineering Economics 354

Wealth Management

JUNE 12, 2023

After a surge of mergers and acquisitions in the real estate space in 2022, the pace of deals has slowed amid disruptions in property pricing.

Valuation 99

Valuation 99

Abnormal Returns

JANUARY 3, 2023

Markets How major asset classes performed in December 2022. capitalspectator.com) 2022 was the third worst year for the 60/40 portfolio. awealthofcommonsense.com) The Dow lead the major indices in 2022. wsj.com) Startups are going to experience a "new normal" valuation-wise. in 2022 vs. 2021. etf.com) Global U.S.

Startup 185

Startup Valuation Financial Advising Distribution 185

Abnormal Returns

DECEMBER 28, 2022

Lists 9 surprising things that happened in 2022 including 'The Federal Reserve opening pushed for the stock market to fall.' awealthofcommonsense.com) 4 mistakes from 2022 including the idea of more funds equaling more diversification. morningstar.com) 35 ideas from 2022 including 'Long term investing is hard.'

Financial Advising 190

Financial Advising Valuation Media Economy 190

Carson Wealth

JULY 27, 2022

Valuations Could Move to a More Normal Range . The decline in the equity market pushed valuations down to levels in line with the period between 2015 and 2020. While uncertainty is a bigger challenge to markets, valuations could rise if other factors move in the right direction. . Q3 2022’s Five Big Risks.

Marketing 98

Marketing Marketing Valuation Economy 98

Abnormal Returns

JULY 23, 2023

morningstar.com) Why stock market valuations are logically higher today than they were in the past. theatlantic.com) The 2023 stock market has been a mirror image of 2022. Top clicks this week How to get rich in the markets, ranked from hard to easy. ofdollarsanddata.com) Why compounding is still unheralded.

Valuation 130

Valuation Investing Investments Marketing 130

Advisor Perspectives

DECEMBER 19, 2022

However, the outlook is more balanced given that equity valuations are much lower and bond yields much higher. The economic tea leaves suggest that 2023 could be another challenging year for both stocks and bonds.

Economics 104

Economics Valuation 104

Wealth Management

NOVEMBER 1, 2022

Multiple publications look at the impact of rising interest rates on various aspects of the commercial real estate business, including debt availability and office valuations. Apartment evictions are back on a grand scale as federal emergency measures have run out, reports Bisnow.

Valuation 102

Valuation 102

Carson Wealth

APRIL 8, 2024

Pockets of attractive valuations exist despite above-average valuations in some high-profile areas of the market. However, a break in early 2022 indicated elevated odds that the rest of the year could be dicey. These include some of the worst years in stock market history, including 1973, 1974, the tech bubble, 2008, and 2022.

Marketing 96

Marketing Marketing Valuation Economy 96

Cornerstone Financial Advisory

OCTOBER 31, 2022

Source: Econoday, October 28, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, October 28, 2022 Companies mentioned are for informational purposes only. The Wall Street Journal, October 28, 2022. The Wall Street Journal, October 28, 2022. The Wall Street Journal, October 28, 2022.

Marketing 85

Marketing Marketing Economics Taxes 85

Advisor Perspectives

MARCH 2, 2023

Here is the latest update of a popular market valuation method using the most recent Standard & Poor's "as reported" earnings and earnings estimates, and the index monthly average of daily closes for the past month.

Valuation 52

Valuation Marketing Marketing 52

Advisor Perspectives

FEBRUARY 2, 2023

Here is the latest update of a popular market valuation method using the most recent Standard & Poor's "as reported" earnings and earnings estimates, and the index monthly average of daily closes for the past month.

Valuation 52

Valuation Marketing Marketing 52

Abnormal Returns

JANUARY 27, 2023

awealthofcommonsense.com) 2022 shows that every portfolio strategy comes under pressure. nytimes.com) Companies Revisiting Tesla's ($TSLA) valuation, post-Twitter fiasco. wsj.com) Intel ($INTC) had a tough 2022 and 2023 isn't looking better. Strategy The investment landscape has completely transformed in the past century.

Financial Advising 199

Financial Advising Distribution Valuation Media 199

Cornerstone Financial Advisory

SEPTEMBER 6, 2022

The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance. Source: Econoday, September 2, 2022 The Econoday economic calendar lists upcoming U.S. The Wall Street Journal, September 2, 2022.

Marketing 59

Marketing Marketing Taxes Investment Advisor 59

Advisor Perspectives

JANUARY 5, 2023

Here is the latest update of a popular market valuation method using the most recent Standard & Poor's "as reported" earnings and earnings estimates and the index monthly average of daily closes for the past month.

Valuation 52

Valuation Marketing Marketing 52

Cornerstone Financial Advisory

AUGUST 1, 2022

Source: Econoday, July 29, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, July 29, 2022 Companies mentioned are for informational purposes only. The Wall Street Journal, July 29, 2022. The Wall Street Journal, July 29, 2022. The Wall Street Journal, July 29, 2022. CNBC, July 28, 2022.

Marketing 81

Marketing Marketing Taxes Economics 81

Abnormal Returns

JANUARY 18, 2023

wsj.com) The periodic table of commodity returns for 2022. allstarcharts.com) Why 2022 was an unusually bad year for the 60/40 portfolio. institutionalinvestor.com) Startup valuations trended down in the second half of 2022. in December 2022. (tker.co) Commodities Why orange juice prices are soaring.

Financial Advising 130

Financial Advising Startup Wealth Management Valuation 130

Advisor Perspectives

DECEMBER 5, 2022

Here is the latest update of a popular market valuation method using the most recent Standard & Poor's "as reported" earnings and earnings estimates and the index monthly average of daily closes for the past month.

Valuation 52

Valuation Marketing Marketing 52

Advisor Perspectives

JANUARY 18, 2023

There were 264 transactions in 2022. But 2022 ended with a slower fourth quarter, 20% below last year's blockbuster Q4 total. RIA merger and acquisition activity had yet another record year, although the year-over-year increase was less steep than prior years. M&A activity was nearly 10% higher than last year's 241 transactions.

Valuation 52

Valuation Numbers 52

Abnormal Returns

JANUARY 20, 2023

ritholtz.com) India's stock market held up well in 2022. ft.com) Startups How unicorns are dealing with the decline in valuations. Markets What a 'breakaway momentum thrust' means for investors. wsj.com) Don't let your portfolio be driven by strategist forecasts. variety.com) Ad-supported streaming tiers have been slow to take off.

Investing 212

Investing Investments Startup Financial Advising 212

The Big Picture

NOVEMBER 5, 2022

His new book “ The Price of Time: The Real Story of Interest ” is a nominee for FT’s 2022 Business Book of the Year. We discuss Chancellor’s history as an analyst interested in speculative bubbles, which led him to write a research paper on valuations and why the dotcom bubble looks a lot like other historical bubbles.

Valuation 303

Valuation Economy Management Marketing 303

Abnormal Returns

MAY 26, 2023

tomtunguz.com) Morgan Housel, "Companies should want the valuation they deserve, and not a penny more." labor force reached a record high in 2022. (awealthofcommonsense.com) When trading, it's okay to hit the reset button. allstarcharts.com) Companies In the past decade, Nvidia ($NVDA) stock has gone up some 250x.

Financial Advising 200

Financial Advising Valuation Retail Economy 200

Cornerstone Financial Advisory

NOVEMBER 7, 2022

Source: Econoday, November 4, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, November 4, 2022 Companies mentioned are for informational purposes only. The 2022 annual contribution limit is $16,000. The Wall Street Journal, November 4, 2022. The Wall Street Journal, November 4, 2022.

Marketing 59

Marketing Marketing Taxes Investment Advisor 59

Cornerstone Financial Advisory

DECEMBER 19, 2022

The FOMC ended its last meeting of 2022 by raising interest rates another 0.5% Source: Econoday, December 16, 2022. Source: Zacks, December 16, 2022. The Wall Street Journal, December 16, 2022. The Wall Street Journal, December 16, 2022. The Wall Street Journal, December 16, 2022. CNBC, December 13, 2022.

Marketing 59

Marketing Marketing Economics Taxes 59

Abnormal Returns

JUNE 27, 2023

bloomberg.com) SpaceX's valuation keeps rising, due in part to Starlink's success. morningstar.com) Economy Home prices peaked June 2022. (behaviouralinvestment.com) Do commodities have a role to play in a long-term, strategic asset allocation? axios.com) Finance The private equity crowd is finding mega-deals hard to come by.

Asset Allocation 189

Asset Allocation Financial Advising Startup Valuation 189

Aleph

MARCH 25, 2023

Picture Credit: Aleph Blog || I know this is late, but still, here it is… At December 31st, 2022, the S&P 500 was priced to return 3.26%/year over the next ten years. Valuations are still extended. Given the rally since then, that return has shrunk to 3.12%/year. Currently the 10-year Treasury yields 3.38%.

Assets 64

Assets Banking Valuation Food 64

Cornerstone Financial Advisory

NOVEMBER 14, 2022

Source: Econoday, November 11, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, November 11, 2022 Companies mentioned are for informational purposes only. The Wall Street Journal, November 11, 2022. The Wall Street Journal, November 11, 2022. The Wall Street Journal, November 11, 2022.

Marketing 59

Marketing Marketing Economics Taxes 59

Cornerstone Financial Advisory

NOVEMBER 28, 2022

Source: Econoday, November 25, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, November 25, 2022 Companies mentioned are for informational purposes only. The Wall Street Journal, November 25, 2022. The Wall Street Journal, November 25, 2022. The Wall Street Journal, November 25, 2022.

Marketing 59

Marketing Marketing Economics Taxes 59

Cornerstone Financial Advisory

SEPTEMBER 26, 2022

Source: Econoday, September 23, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, September 23, 2022 Companies mentioned are for informational purposes only. In 2022, educators can deduct up to $300 of trade or business expenses not reimbursed by their employer, a grant, or another source. New Home Sales.

Marketing 59

Marketing Marketing Education Taxes 59

Cornerstone Financial Advisory

DECEMBER 12, 2022

Source: Econoday, December 9, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, December 9, 2022 Companies mentioned are for informational purposes only. The Wall Street Journal, December 9, 2022. The Wall Street Journal, December 9, 2022. The Wall Street Journal, December 9, 2022.

Marketing 59

Marketing Marketing Economics Taxes 59

The Big Picture

AUGUST 1, 2023

Did the palpable panic in June/October 2022 lead to ill-advised sell(s)? Private Credit : An unnamed person from the hedge fund industry pointed out that around the June 2022 lows, there were big redemptions from allocators who shifted capital away from hedge funds. The Crowd : Did the crowd’s YOLO enthusiasm infect you on the way up?

Economics 246

Economics Valuation Marketing Marketing 246

Cornerstone Financial Advisory

DECEMBER 5, 2022

Source: Econoday, December 2, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, December 2, 2022 Companies mentioned are for informational purposes only. The Wall Street Journal, December 2, 2022. The Wall Street Journal, December 2, 2022. The Wall Street Journal, December 2, 2022.

Marketing 59

Marketing Marketing Taxes Investment Advisor 59

Cornerstone Financial Advisory

NOVEMBER 21, 2022

Source: Econoday, November 18, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, November 18, 2022 Companies mentioned are for informational purposes only. The Wall Street Journal, November 18, 2022. The Wall Street Journal, November 18, 2022. The Wall Street Journal, November 18, 2022.

Marketing 59

Marketing Marketing Taxes Economics 59