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You can’t handle the truth – Do the Math on the 2023 Bull Market

David Nelson

Nothing sells news better than a hurricane The broadcast and print media will continue to pump this story right up until the time clicks and views start dying off. 5% yields are an attractive alternative to risk assets, especially since it’s been close to 16 years since overnight rates were at current levels.

Math 52
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Tuesday links: eighteen months ago

Abnormal Returns

calculatedriskblog.com) A doubling of the mortgage rates radically changes housing math. wsj.com) Asset managers are struggling to get employees back in the office. institutionalinvestor.com) Economy Job openings are evaporating, per the August JOLTs report. Markets Lumber prices are back down to pre-pandemic levels.

Math 130
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Thinking About Retiring Early? 8 Things to Consider First

Carson Wealth

While the FIRE (Financial Independence, Retire Early) movement has been spreading like, well, wildfire on social media, that’s not what we’re talking about here. Often, they have built exceptionally successful careers and saved substantial amounts in various asset classes. The economy could face another unforeseen downturn.

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Finally, a Stock Market Crash!

Mr. Money Mustache

And just to amplify everything even further, China has launched a batshit crazy (and medically impossible) “zero covid” policy, locking down hundreds of millions of its own people who can no longer produce or export the things that the rest of the world’s economy had grown to rely upon. 2) My net worth has just cratered by 20%.

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Transcript: Anat Admati

The Big Picture

ANAT ADMATI, PROFESSOR OF FIANCE AND ECONOMICS, STANFORD GRADUATE SCHOOL OF BUSINESS: So, my journey starts where I took a lot of math. I was good in math and I love the math. So, I was kind of, in my romantic mind when I was in my early 20s, I was going to take but not give back to math, that kind of thing. ADMATI: OK.

Banking 198
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Transcript: John Hope Bryant

The Big Picture

And he’s really moving the needle in terms of having people take control of their own financial life in a way that benefits not just them but the entire economy and all of society. They’re an underground economy because they don’t trust the mainstream economy. These are not dumb people. RITHOLTZ: Right.

Banking 143
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Transcript: Marcus Shaw

The Big Picture

And so they stood up a firm called AltFinance, whose main purpose was to help alternative asset managers tap into that rich pool of potential hires. RITHOLTZ: So generally speaking, alternative assets, that’s a tough gig to get into regardless of where you go to school. I also saw that they had some really unique assets.