Abnormal Returns

DECEMBER 1, 2024

Markets The S&P 500 returned 5.87% in November 2024. reason.com) Taxing unrealized capital gains is a bad idea. paragraph.xyz) Can adjusting the tax code help increase fertility? econbrowser.com) The economic schedule for the coming week. on.spdji.com) It's hard to make the math on hedge funds add up. Just ask Norway.

Math 167

Math Budgeting Food Taxes 167

Calculated Risk

JANUARY 10, 2024

Earlier I posted some questions on my blog for this year: Ten Economic Questions for 2024. 1) Economic growth: Economic growth was probably close to 2.6% Q4-over-Q4 in 2024. How much will the economy grow in 2024? Will there be a recession in 2024? The FOMC is expecting growth of 1.2%

Economy 200

Economy Sales Economics Investing 200

The Big Picture

JANUARY 4, 2025

Global Financial Data ) Vanguard 2025 economic and market outlook : The global monetary easing cycle will be in full swing in 2025, with inflation in most developed economies now within touching distance of central banks targets. If a culture has a third word for a color, it is always red.

Government 239

Government Economy Advertising Engineering 239

Calculated Risk

JUNE 9, 2025

Early in February , I expressed my "increasing concern" about the negative economic impact of "executive / fiscal policy errors", however, I concluded that post by noting that I was not currently on recession watch. from 484 thousand SAAR in May 2024. from May 2024. I ignored that downturn as a pandemic distortion.

Sales 165

Sales Economy Economics Taxes 165

Abnormal Returns

JANUARY 24, 2025

drorpoleg.com) Crypto MicroStrategy ($MSTR) has a tax dilemma. ft.com) More tax-free ETF conversions are coming. cnn.com) It looks like there was a stockpiling effect at the end of 2024. calculatedriskblog.com) Earlier on Abnormal Returns Podcast links: basic economics. Strategy Market consensus is max bullish.

Food 144

Food Taxes Media Economy 144

Calculated Risk

JUNE 27, 2025

Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—decreased $125.0 annual rate in Q2 2024. From the BEA: Personal Income and Outlays, May 2025 Personal income decreased $109.6 billion (0.4 percent at a monthly rate) in May , according to estimates released today by the U.S.

Food 200

Food Taxes Economics 200

Calculated Risk

MAY 5, 2025

Early in February , I expressed my "increasing concern" about the negative economic impact of "executive / fiscal policy errors", however, I concluded that post by noting that I was not currently on recession watch. from April 2024 as some buyers rushed to beat the tariffs. I ignored that downturn as a pandemic distortion.

Sales 214

Sales Economy Economics Taxes 214

Wealth Management

JUNE 27, 2025

Michael was instrumental during AssetMark’s leveraged buyout transition to Genstar in 2013, its sale to Huatai Securities in 2016, its IPO in 2019, and its sale to GTCR in 2024. Michael received his Bachelor of Arts in Economics from the University of California, Los Angeles.

Estate Planning 269

Estate Planning Marketing Marketing Wealth Management 269

Cornerstone Financial Advisory

NOVEMBER 25, 2024

Weekly Market Insights | November 25th, 2024 Pre-Holiday Optimism Lifts Markets Stocks advanced last week, powering ahead with pre-holiday optimism despite geopolitical tensions and two disappointing Q3 corporate updates. 5,6 Source: YCharts.com, November 23, 2024. 7 This Week: Key Economic Data Tuesday: Consumer Confidence.

Marketing 52

Marketing Marketing Taxes Economics 52

Nerd's Eye View

OCTOBER 30, 2023

On the other hand, the past decade has seen an explosion of 'vendor conferences', as more and more companies have discovered it's more economical to simply run their own conferences (at a breakeven or even a small loss) than to heavily sponsor the conferences of industry associations.

Financial Advisor 246

Financial Advisor Numbers Budgeting Financial Planning 246

Cornerstone Financial Advisory

DECEMBER 16, 2024

Weekly Market Insights | December 16th, 2024 Mixed Data, Mixed Results. 5,6,7 Source: YCharts.com, December 14, 2024. Final Fed Meeting of 2024 The consumer price index ticked up to 2.7 8 This Week: Key Economic Data Tuesday: Federal Open Market Committee (FOMC) Meeting Begins. PAYX) Source: Zacks, December 10 , 2024.

Marketing 52

Marketing Marketing Taxes Economics 52

Nerd's Eye View

APRIL 1, 2024

Welcome to the April 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Estate Planning 237

Estate Planning Financial Advisor Clients Startup 237

Calculated Risk

MARCH 7, 2024

against the month of January 2024. Tax refunds have picked up over the last two weeks, with the average refund now 4% higher than 2023 levels at this time. The Manheim Used Vehicle Value Index (MUVVI) fell to 203.8, a decline of 13.1% from a year ago. The index was down 0.1% The seasonal adjustment magnified February’s results.

Consulting 344

Consulting Retail Taxes Economics 344

Calculated Risk

DECEMBER 20, 2024

Bureau of Economic Analysis. Disposable personal income (DPI), personal income less personal current taxes, increased $61.1 The following graph shows real Personal Consumption Expenditures (PCE) through November 2024 (2017 dollars). annual rate in Q4 2024. billion (0.3 billion (0.3 billion (0.4 percent in February 2022.

Food 147

Food Taxes Economics 147

Calculated Risk

APRIL 26, 2024

percent at a monthly rate) in March , according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI), personal income less personal current taxes, increased $104.0 The following graph shows real Personal Consumption Expenditures (PCE) through March 2024 (2017 dollars). billion (0.5

Food 324

Food Taxes Economics 324

Cornerstone Financial Advisory

OCTOBER 28, 2024

Weekly Market Insights | October 28th, 2024 Stocks Mixed Ahead of Election Stocks were mixed last week as fresh economic data points and election-related uncertainty slowed market momentum. 6,7 Source: YCharts.com, October 26, 2024. 8 This Week: Key Economic Data Tuesday: International Trade in Goods. Pending Home Sales.

Marketing 52

Marketing Marketing Taxes Economics 52

Cornerstone Financial Advisory

DECEMBER 23, 2024

Weekly Market Insights | December 23rd, 2024 Powell Signal Leaves Investors Cold Stocks were under pressure last week as the Fed Chair’s hawkish comments unsettled investors ahead of the holiday season. 6,7 Source: YCharts.com, December 21, 2024. 8 This Week: Key Economic Data Monday: Consumer Confidence. New Home Sales.

Marketing 52

Marketing Marketing Taxes Economics 52

Cornerstone Financial Advisory

NOVEMBER 11, 2024

Weekly Market Insights | November 11th, 2024 Stocks Surge Post-Election; Fed Cuts Quarter Point Stocks surged higher last week, fueled by the Fed’s rate cut decision and post-election enthusiasm as investors looked to future policy impacts of a Republican-controlled Senate and executive branch. Economic news that showed a 2.2

Marketing 52

Marketing Marketing Taxes Economics 52

Calculated Risk

MARCH 29, 2024

percent at a monthly rate) in February , according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI), personal income less personal current taxes, increased $50.3 The following graph shows real Personal Consumption Expenditures (PCE) through January 2024 (2017 dollars). billion (0.3

Food 295

Food Taxes Economics 295

Abnormal Returns

AUGUST 18, 2024

disciplinefunds.com) Vanguard is launching two new active ETFs, the Vanguard Core Tax-Exempt Bond ETF ($VCRM) and Vanguard Short Duration Tax-Exempt Bond ETF ($VSDM). riabiz.com) Policy Violent crime is falling in many cities in 2024. apolloacademy.com) The economic schedule for the coming week.

Financial Advising 272

Financial Advising Taxes Media Government 272

Cornerstone Financial Advisory

NOVEMBER 4, 2024

Weekly Market Insights | November 4th, 2024 Stocks Retreat on Jobs and Election Concerns Stocks slid last week as mixed economic data and strong-but-not-spectacular Q3 corporate reports failed to inspire investors. Source: YCharts.com, November 2, 2024. This Week: Key Economic Data Monday: Motor Vehicle Sales.

Marketing 52

Marketing Marketing Taxes Economics 52

Calculated Risk

FEBRUARY 7, 2024

With the volatility we saw last year, it was a welcome sign for the industry to have a calmer month,” said Jeremy Robb, senior director of Economic and Industry Insights for Cox Automotive. “We The index experienced the same 0.0% monthly change from December 2021 to January 2022. month-over-month change showed stronger values than the 0.2%

Consulting 314

Consulting Taxes Economics Sales 314

Calculated Risk

JULY 26, 2024

Bureau of Economic Analysis. Disposable personal income (DPI), personal income less personal current taxes, increased $37.7 The following graph shows real Personal Consumption Expenditures (PCE) through June 2024 (2017 dollars). The BEA released the Personal Income and Outlays report for June: Personal income increased $50.4

Food 265

Food Taxes Economics 265

The Big Picture

OCTOBER 23, 2023

As the Peterson Institute noted: In June, the Congressional Budget Office (CBO) projected that annual net interest costs would total $663 billion in 2023 and almost double over the upcoming decade, soaring from $745 billion in 2024 to $1.4 trillion in 2033 and summing to $10.6 trillion over that period. All simply unnecessary.

Government 330

Government Economics Budgeting Taxes 330

Harness Wealth

APRIL 4, 2025

This weeks Tax Advisor Weekly covers key updates for financial professionals. We begin with guidance on navigating property tax considerations during business mergers and expansions. In this blog post, well cover key business events that impact property tax and business licenses, along with what you need to consider for each.

Taxes 52

Taxes License Banking Government 52

Calculated Risk

FEBRUARY 29, 2024

percent at a monthly rate) in January , according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI), personal income less personal current taxes, increased $67.6 The following graph shows real Personal Consumption Expenditures (PCE) through January 2024 (2017 dollars). billion (1.0

Food 283

Food Taxes Economics 283

Cornerstone Financial Advisory

DECEMBER 2, 2024

Weekly Market Insights | December 2nd, 2024 Solid Gains for Thanksgiving Week Stocks posted solid gains over a short and busy holiday week as investors parsed fresh economic data, comments on potential future trade policy, and a few Q3 reports from technology companies. 6 Source: YCharts.com, November 30, 2024.

Marketing 52

Marketing Marketing Economics Taxes 52

Wealth Management

JULY 2, 2025

As a result, financial advisors should start honing the services Gen X members will likely benefit from the most, including retirement planning, estate and tax planning and mortgage refinancing. advisors’ clients, up from 20% in 2021, according to a survey Cerulli conducted in 2024. trillion annually.

Financial Advisor 161

Financial Advisor Estate Planning Wealth Management Financial Planning 161

Cornerstone Financial Advisory

NOVEMBER 18, 2024

Weekly Market Insights | November 18th, 2024 Rally Loses Steam; Fed Weighs Move Stocks fell last week as the postelection rally lost momentum amid an inflation uptick and cautious comments from Fed officials. 6 Source: YCharts.com, November 16, 2024. This Week: Key Economic Data Monday: Fed Official Austan Goolsbee speaks.

Marketing 52

Marketing Marketing Economics Taxes 52

The Big Picture

JUNE 27, 2024

If they get a 7% increase in wages, they see a modest increase in their direct deposit of after FICA, federal and state withholding taxes, 401K, etc. That you can tank up in 2024 for $50-75 is an economic miracle, but people still love to complain about gas prices. After that 7% bump, their comp goes up $163 to about $2491.84.

Economics 315

Economics Budgeting Sales Media 315

Cornerstone Financial Advisory

DECEMBER 9, 2024

Weekly Market Insights | December 9th, 2024 Markets Mixed; Jobs Back on Track Stocks were mixed during the first trading week of December. 6,7,8 Source: YCharts.com, December 7, 2024. 9 This Week: Key Economic Data Tuesday: Productivity and Costs. AVGO), Costco Wholesale Corporation (COST) Source: Zacks, December 6 , 2024.

Marketing 52

Marketing Marketing Taxes Economics 52

Cornerstone Financial Advisory

DECEMBER 30, 2024

Weekly Market Insights | December 30th, 2024 Holiday Spending Up Stocks notched a slight gain over the holiday week. 4,5 Source: YCharts.com, December 28, 2024. percent in 2024, compared with 3.1 6 This Week: Key Economic Data Monday: Pending Home Sales. GBX) Source: Zacks, December 27 , 2024. percent in 2023.

Marketing 52

Marketing Marketing Taxes Economics 52

Cornerstone Financial Advisory

FEBRUARY 19, 2024

Weekly Market Insights: Market Retreats On Inflation, Economic Reports Presented by Cornerstone Financial Advisory, LLC Stocks fell last week as investors reacted to disappointing inflation updates and other economic reports that fell short of estimates. 3 Source: YCharts.com, February 17, 2024. Wednesday: FOMC Meeting Minutes.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

JANUARY 29, 2024

​ Weekly Market Insights: Excitement Around Big Tech Continues Presented by Cornerstone Financial Advisory, LLC Stocks continued their upward climb last week as excitement around big tech continued; positive economic reports stoked investors’ belief that the Federal Reserve has pulled off a soft landing. Core inflation was 3.2%

Marketing 105

Marketing Marketing Economics Taxes 105

Cornerstone Financial Advisory

FEBRUARY 26, 2024

Stocks Rally To Record Highs Stocks traded in a fairly tight range for the first half of the short week, yawning at the lack of economic data while awaiting earnings results from one key company that creates chips that power the artificial intelligence operations of many firms. Source: YCharts.com, February 24, 2024. A), eBay Inc.

Marketing 105

Marketing Marketing Economics Taxes 105

The Big Picture

NOVEMBER 2, 2023

If you are in a top tax bracket and have residency in a high-tax state with strong credit quality – think Ohio, New York, Massachusetts, California, Connecticut, etc. – While I expect to see rates moderate later in 2024 or 25, it’s a low probability bet they go back to zero. Cash in No Longer Trash : TINA is officially over.

Taxes 279

Taxes Portfolio Marketing Marketing 279

Cornerstone Financial Advisory

MARCH 18, 2024

3,4 Source: YCharts.com, March 16, 2024. 5 This Week: Key Economic Data Monday: Housing Market Index. Source: Investors Business Daily – Econoday economic calendar; March 13, 2024 The Econoday economic calendar lists upcoming U.S. Consult a qualified tax expert for help. Tuesday: FOMC Meeting Begins.

Marketing 105

Marketing Marketing Taxes Economics 105