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Weekend Reading For Financial Planners (June 14–15)

Nerd's Eye View

Also in industry news this week: Under its budget proposal for the fiscal year 2026, the SEC expects to be able to examine 11% of RIAs per year, down from 14% in 2024, as it trims staff throughout the organization RIAs lead the way among advisory channels in AI adoption, according to a recent survey, as advisors on the whole see themselves as more (..)

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California Home Sales Up 4.9% YoY in March; 4th Look at Local Housing Markets

Calculated Risk

Elevated interest rates and economic uncertainty ease March home sales, C.A.R. There is much more in the article. Today, in the Calculated Risk Real Estate Newsletter: California Home Sales Up 4.9% YoY in March; 4th Look at Local Housing Markets A brief excerpt: From the California Association of Realtors (C.A.R.):

Sales 213
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A Proposal to Address the Housing Crisis

Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: A Proposal to Address the Housing Crisis Brief excerpt: Economist Adam Ozimek and John Lettieri (CEO, Economic Innovation Group) have a new proposal to address the housing crisis in the United States: How the next president can solve America’s housing crisis U.S.

Economics 147
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Surprise! California’s 40 Qs of Rising Minimum Wage & Fast Food Industry Growth (Beating USA)

The Big Picture

They ignored seasonality; they they mixed the match data from completely different series; they cherry, picked starting and stopped dates for their analysis that bore no relationship to the underlying economic trends. The $20 hourly wage floor represents an increase of $4 per hour from the statewide minimum wage of $16 in California.”

Food 301
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Lawler: Mortgage Rates Have Surged Since the Federal Reserve Cut Interest Rates Last Month

Calculated Risk

First, implied interest rate volatility has surged, as many market participants were caught off-guard by the string of unexpectedly strong economic releases (and slightly higher inflation releases) following the Fed’s rate decision. There is much more in the article. on September 17 to 130.92

Economics 162
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1st Look at Local Housing Markets in March

Calculated Risk

This was before the recent surge in economic uncertainty and stock market volatility that might impact existing home sales. There is much more in the article. Closed sales in March were mostly for contracts signed in January and February when 30-year mortgage rates averaged 6.96% and 6.84%, respectively (Freddie Mac PMMS).

Marketing 162
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4 Ways And 5 Charts To Talk Tariffs With Clients With Empathy And Strategy

Nerd's Eye View

In this article, James Liu, CEO of Clearnomics, and Sydney Squires, Senior Financial Planning Nerd, address how advisors can navigate tariff-related conversations by leading with empathy, listening carefully to clients' concerns, and framing the conversation in a way that helps clients feel calm and grounded.

Clients 229