article thumbnail

: U.S. economy will escape recession, new European Commission forecast says

MarketWatch

economy will avoid recession this year and next, according to the latest European Commission forecast. in 2023 and 1% in 2024, against its previous estimate that the U.S. in 2023 and 1.7% The new forecast came as part of the spring 2023 forecast which is that the eurozone will grow 1.1% The forecast is for the U.S.

article thumbnail

Sunday links: index fund flows

Abnormal Returns

rogersplanning.blogspot.com) Housing Don't count on materially lower home commissions just yet. economist.com) We should start to see more innovation when it comes to commissions. washingtonpost.com) In 2023, at least 157 people were killed and 270 were injured in unintentional shootings by children.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Adviser links: forces you cannot control

Abnormal Returns

riabiz.com) DPL Financial Partners is seeing growth in commission-free annuity sales. crr.bc.edu) Some highlights from the Nerd's Eye View blog in 2023. (morningstar.com) A list of the most popular podcasts for financial advisers. linkedin.com) The biz Vestwell just raised a new $125 billion Series D. kitces.com)

article thumbnail

10 Must Reads for Real Estate Investors (Aug. 14, 2023)

Wealth Management

The Department of Justice and the Securities and Exchange Commission are both looking into Nightingale Properties after it allegedly diverted $40 million of equity from investors, reports Bisnow. CBRE issued a new report finding that pain in the office market is uneven.

article thumbnail

Extracting Actionable Takeaways From The SEC’s Staff Bulletin Regarding An RIA’s Standard Of Care

Nerd's Eye View

In 2019, the SEC released a Commission Interpretation that separated the obligation of RIAs to act in their clients' best interests into separate duties of care (to provide investment advice in the best interest of the client) and loyalty (to eliminate or disclose all potential conflicts of interest with the client).

article thumbnail

My 2023 reading

Investment Writing

Here are some of the most interesting, helpful books that I read during 2023. Albright I’m Glad My Mom Died by Jennette McCurdy Solito by Javier Zamora You Could Make This Place Beautiful by Maggie Smith Disclosure: If you click on an Amazon link in this post and then buy something, I will receive a small commission.

article thumbnail

10 Monday AM Reads

The Big Picture

My back-to-work morning train WFH reads: • Wall Street’s 2023 Outlook for Stocks : There’s hundreds of pages of research and analysis that come with these strategists’ forecast. economy to go into recession some time in 2023. It all adds up to a stalled 2023 for real estate. Hawks, it’s time to join us in reality.