Abnormal Returns

AUGUST 31, 2023

(morningstar.com) Banks How is the integration of First Republic going for JP Morgan Chase ($JPM)? wsj.com) Hedge funds are a compensation scheme masquerating as an asset class, redux. etf.com) Economy The July PCE price index increased 3.3% theinformation.com) More capital would not have saved SVB. year-over-year.

Financial Advising 245

Financial Advising Media Economy Banking 245

Abnormal Returns

DECEMBER 18, 2023

institutionalinvestor.com) How the Norges Bank Investment Management votes its shares and why it matters (ft.com) Finance The IPO window in 2023 opened and shut pretty quickly. bbc.com) How young Chinese are dealing with a lethargic economy. wsj.com) Why we should give Ukraine frozen Russian assets now.

Financial Advising 233

Financial Advising Startup Media Government 233

Abnormal Returns

FEBRUARY 1, 2024

January 2024 How major asset classes performed in January 2024. wsj.com) Finance More banks are marking down the value of U.S. thinkadvisor.com) Economy The ISM manufacturing index seems to have bottomed. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking? office loans.

Financial Advising 251

Financial Advising Taxes Manufacturing Media 251

Abnormal Returns

OCTOBER 23, 2023

washingtonpost.com) Banking Regional banks are feeling the pain of higher deposit rates. wsj.com) Big banks are next. lefsetz.com) Just how big is Costco's ($COST) clothing business? (genuineimpact.substack.com) Fund management How indexing has changed the world of asset management. wsj.com) Global The U.S.'

Financial Advising 182

Financial Advising Startup Banking Media 182

Abnormal Returns

MARCH 12, 2023

(theirrelevantinvestor.com) Bank runs happen because of people. etftrends.com) Silicon Valley Bank How SVB went wrong, an explainer. wsj.com) SVB's customers were not typical of other banks. nytimes.com) The former Boston Private money management arm of SVB is a prized asset. Then check out our weekly e-mail newsletter.

Financial Advising 237

Financial Advising Startup Banking Communication 237

Abnormal Returns

NOVEMBER 9, 2023

ft.com) Finance Are bank stocks actually cheap? variety.com) Fund management Why Western asset management firms are struggling in China. institutionalinvestor.com) Economy Are the Fed's models for the economy broken, post-pandemic? abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking?

Financial Advising 157

Financial Advising Media Economy Economics 157

Abnormal Returns

APRIL 21, 2023

CDs Short duration assets, like CDs, look good right now, but they do have risks. awealthofcommonsense.com) Bank CD rates are at 15-year highs. wsj.com) Finance Should Charles Schwab ($SCHW) kick its bank to the curb? ft.com) Banks and direct lenders are increasingly in conflict. The question is for how long?

Financial Advising 212

Financial Advising Banking Media Taxes 212

Abnormal Returns

MARCH 14, 2023

(portfoliocharts.com) Safe assets aren't safe if there is a duration mismatch. neckar.substack.com) Silicon Valley Bank There is plenty of blame to go around for the downfall of SVB including the pandemic. theirrelevantinvestor.com) A lot of banks have big unrealized underwater bond portfolios. nytimes.com) What's new in GPT-4.

Startup 205

Startup Financial Guidance Financial Advising Media 205

Abnormal Returns

MARCH 13, 2023

(bonddad.blogspot.com) We still don't know everything about the downfall of Silicon Valley Bank. ritholtz.com) The reversal in interest rates could relieve some pressure on bank portfolios. mailchi.mp) Why more assets are going to flow to systemically important banks. marginalrevolution.com) Why Signature Bank went under.

Financial Guidance 130

Financial Guidance Financial Advising Startup Banking 130

Abnormal Returns

JULY 27, 2023

etf.com) Finance JP Morgan Asset Management is on roll in 2023, ETF-wise. financial-planning.com) Private equity fundraising is at a five-year low. wsj.com) Joe Weisenthal and Tracy Alloway talk bank consolidation with Scott Hildenbrand of Piper Sandler. nytimes.com) Economy Q2 GDP was up at a 2.4% annual rate.

Financial Advising 217

Financial Advising Media Economy Banking 217

Abnormal Returns

OCTOBER 11, 2022

theinformation.com) Bank of New York Mellon ($BK) will now custody crypto assets. danieldrezner.substack.com) Economy Do we need to throw the economy into recession to tame inflation? abnormalreturns.com) Adviser links: behavioral considerations. Prune it back properly, and you make it stronger.

Financial Advising 218

Financial Advising Economy Media Banking 218

Abnormal Returns

JULY 18, 2023

theinformation.com) Finance Banks are having to boost deposit rates to hold onto deposits. morningstar.com) Strive Asset Management is toning down its anti-woke agenda. economist.com) Economy Industrial production fell in June 2023. abnormalreturns.com) Adviser links: something to look forward to.

Financial Advising 235

Financial Advising Media Financial Advisor Communication 235

Abnormal Returns

MARCH 20, 2023

bloomberg.com) Rising rates are still working their way through the markets and economy. allstarcharts.com) New York Community Bank is acquiring Signature Bank but not its crypto assets. cnbc.com) When will weakness in the tech sector spill over into the broader economy? Then check out our weekly e-mail newsletter.

Financial Advising 130

Financial Advising Banking Economy Media 130

Abnormal Returns

MARCH 26, 2023

Strategy Shifting your asset allocation based on economic forecasts is a fool's errand. blogs.cfainstitute.org) Banks Bitcoin is benefiting from the banking crisis. theirrelevantinvestor.com) Bank turmoil is now on everyone's dance card for 2023. tker.co) Bank depositors are moving money into money market mutual funds.

Asset Allocation 130

Asset Allocation Financial Advising Banking Economy 130

Abnormal Returns

JUNE 1, 2023

on.spdji.com) How major asset classes performed in May 2023. ft.com) At some big banks, ~40% of open roles are AI-related. axios.com) Economy The bond market is done with the debt limit debacle. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking? domain names.

Insurance Coverage 195

Insurance Coverage Financial Advising Insurance Media 195

Abnormal Returns

MARCH 28, 2023

morningstar.com) Asset location, 101. theverge.com) Banks First Citizens ($FCNCA) is not afraid at buying busted banks. ft.com) Bank equity holders have taken it on the chin this time around. ft.com) Economy The January 2023 Case-Shiller numbers show a continued deceleration in home price gains.

Financial Advising 130

Financial Advising Banking Media Economy 130

Abnormal Returns

APRIL 17, 2023

(appleinsider.com) Charles Schwab ($SCHW) has seen a big drop in bank deposits. wealthmanagement.com) Bank MDs are getting called back to the office. ft.com) Fund management Why asset managers should turn down problematic investors. wsj.com) Economy Why is the media trying to scare everyone about a recession?

Marketing 130

Marketing Marketing Media Financial Advising 130

Abnormal Returns

JULY 6, 2023

axios.com) Some banks are holding the line on job cuts. economist.com) Fund management Avantis Investors is adding assets and launching new ETFs. theconversation.com) Economy The quit rate continues to slow. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking?

Economics 186

Economics Startup Financial Advising Media 186

Abnormal Returns

OCTOBER 14, 2022

axios.com) The biggest risk to the market right now is central bank policy error. bnnbloomberg.ca) Jeff Benjamin, "Schwab Asset Management is launching a pilot program that enables fund investors to have a say in the direction of the proxy voting process." npr.org) Economy Retail sales are pointing to weaker growth.

Marketing 130

Marketing Marketing Financial Advising Retail 130

Abnormal Returns

NOVEMBER 1, 2022

Markets How major asset classes performed in October 2020. capitalspectator.com) Don't be surprised to see the stock market rally before the economy bottoms out. klementoninvesting.substack.com) Economy The Fed is most hurting the middle class through rising rates. theringer.com) In America, lumber mills are moving south.

Accounting 130

Accounting Startup Financial Advising Valuation 130

Abnormal Returns

NOVEMBER 4, 2022

Strategy When should you change your asset allocation? hunterwalk.com) Global The Canadian economy continues to add jobs. nytimes.com) Economy You can find signs of weakness in the October NFP report if you look. abnormalreturns.com) Spending does more than change your bank balance. Not all that often.

Asset Allocation 130

Asset Allocation Financial Advising Startup Economy 130

Abnormal Returns

FEBRUARY 1, 2023

Markets How major asset classes performed in January 2023. ofdollarsanddata.com) Brokerages are attracting more customers to their banking services. semafor.com) JP Morgan Asset Management is buying $500 million of timberland. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking?

Financial Advising 210

Financial Advising Media Assets Economy 210

Abnormal Returns

MARCH 16, 2023

Markets Bonds are once again a risk-off asset. ritholtz.com) Credit Suisse is not Silicon Valley Bank. ft.com) Japan bank portfolios are full of long dated bonds. economist.com) First Republic Bank ($FRC) hasn't always been a standalone entity. thereformedbroker.com) Markets are betting the Fed is closer to a pause.

Government 130

Government Media Financial Advising Banking 130

Abnormal Returns

APRIL 26, 2023

First Republic First Republic ($FRC) shows the banking crisis isn't over yet. axios.com) First Republic ($FRC) is contemplating major asset sales. theverge.com) Economy With everything thrown at the U.S. economy why hasn't it tipped into recession? bloomberg.com) First Republic ($FRC) is no longer in charge of its future.

Electronics 130

Electronics Financial Advising Sales Economy 130

Brown Advisory

JANUARY 1, 2023

In the author’s view, most asset bubbles and subsequent financial crises are caused by interest rates rising after having previously been set too low. There are many disturbing parallels in today’s global economy. wealth management (Charles Schwab), Indian retail banking (HDFC) and global payment networks (Visa and Mastercard).

Investing 52

Investing Investments Valuation Clients 52

Aleph

JANUARY 14, 2023

There is more opportunity in London than much of Italy Jan 10, 2023 Xi Jinping’s plan to reset China’s economy and win back friends [link] It’s rare to see someone have severe opinions “spin on a dime.” There is an alphabet soup of financial-adviser credentials [link] Credentialing is overdone.

Math 59

Math Assets Government Engineering 59

Abnormal Returns

SEPTEMBER 27, 2023

Strategy How many assets do you really need in your portfolio? theinformation.com) How companies, and banks, are dealing with higher corporate borrowing rates. wsj.com) Real estate Atlanta's economy is booming, but office buildings are still struggling. calculatedriskblog.com) Economy Industrial production doesn't look great.

Financial Advising 250

Financial Advising Economy Insurance Media 250

The Big Picture

NOVEMBER 14, 2023

My Two-for-Tuesday morning train reads: • Higher Contribution Limits Are Coming for 401(k) Retirement Plans : But, financial advisers note, most people cannot afford to set aside the maximum amount. PGIM is one of the world’s largest asset managers, running $1.27 trillion in client assets.

Financial Advising 130

Financial Advising Retirement Planning Retirement Assets 130