Abnormal Returns

MAY 1, 2023

Markets How major asset classes performed in April 2023. ft.com) The amount of bank failures, measured by assets, rivals that of 2008. etftrends.com) Economy Is the U.S. calculatedrisk.substack.com) The ISM Manufacturing index has been below 48 for 5 months. twitter.com) Crypto Gary Gensler's SEC has been busy.

Financial Advising 191

Financial Advising Startup Banking Manufacturing 191

Abnormal Returns

JULY 3, 2023

June 2023 How major asset classes performed in June 2023. gregor.substack.com) An energy transition comes with stranded assets. phys.org) Economy The ISM Manufacturing index has been below 50 for eight months now. wsj.com) Earlier on Abnormal Returns Adviser links: referral-worthy advice.

Financial Advising 130

Financial Advising Retail Manufacturing Media 130

Abnormal Returns

NOVEMBER 21, 2022

Strategy The best uncorrelated asset in a downturn is mindset. slate.com) Despite some big moves, Apple ($AAPL) is still dependent on China for manufacturing. institutionalinvestor.com) Economy Why this yield curve inversion is different than the prior two. macworld.com) Why more companies are facing shareholder resolutions.

Financial Advising 179

Financial Advising Startup Manufacturing Media 179

Abnormal Returns

MARCH 1, 2023

Markets How major asset classes performed in February 2023. washingtonpost.com) Economy The February ISM manufacturing report is well below 50. bonddad.blogspot.com) Why the economy has not yet tipped into recession. wsj.com) Why it's okay to be confused about the economy.

Financial Advising 130

Financial Advising Retail Economy Manufacturing 130

Abnormal Returns

JANUARY 3, 2023

Markets How major asset classes performed in December 2022. investment in semiconductor manufacturing can only do so much. nytimes.com) The UK has 'deconverged' from the rest of the global economy. nytimes.com) Economy Where various measures of the jobs market stand. axios.com) U.S. etf.com) Global U.S.

Startup 182

Startup Valuation Financial Advising Distribution 182

Abnormal Returns

AUGUST 1, 2022

Markets How major asset classes performed in July 2022. ft.com) Economy This indicator doesn't show a recession yet. econbrowser.com) However manufacturing and construction now look like negatives for the economy. bonddad.blogspot.com) Earlier on Abnormal Returns Adviser links: valuing your time.

Financial Advising 130

Financial Advising Startup Risk Management Manufacturing 130

Abnormal Returns

DECEMBER 1, 2022

Markets How major asset classes performed in November 2022. ft.com) How European manufacturers are dealing with higher natural gas prices. wsj.com) It's hard to argue that Brexit has been a net-positive for the UK economy. ft.com) Economy The October PCE showed slowing inflation.

Financial Advising 130

Financial Advising Economy Manufacturing Media 130

Abnormal Returns

SEPTEMBER 27, 2022

(wsj.com) Porsche is a unique asset. manufacturing employment is now above pre-pandemic levels. manufacturing employment is now above pre-pandemic levels. washingtonpost.com) Economy Monthly mortgage payments saw a record jump in the past year. thediff.co) The UK The Pound traded at a record low against the dollar.

Financial Advising 130

Financial Advising Manufacturing Media Economy 130

Brown Advisory

SEPTEMBER 6, 2022

In the manufacturing process, supply comes on in large increments using over U.S.$15bn 100bn in subsidies to support local manufacturing and secure domestic supply of semiconductors. The RoIC has been above 20% for every year of the past two decades except once at the depths of the global financial crisis in 2009.

Investing 52

Investing Investments Insurance Ethics 52

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. It is a “scale economies shared” business model where customers, the company and shareholders can all win.

Investing 52

Investing Investments Valuation Clients 52