Remove Banking Remove Communication Remove Math Remove Valuation
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Weekly Market Insights – January 8, 2024

Cornerstone Financial Advisory

Math errors: Simple addition and subtraction mistakes can delay your return. Consider using electronic filing software that does the math automatically to avoid mistakes. Incorrect bank account information: If you opt to receive your refund via direct deposit, provide the correct bank account information.

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It's All Relative

Brown Advisory

MUNICIPALS AND RISING RATES Simple math dictates that when yields rise, fixed-rate bond prices fall. Whether rates are rising or falling, we manage risk using the same consistent process: We look for bonds with attractive valuation relative to our view of their potential cash flows. One can not invest directly in an index.

Taxes 52
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It's All Relative

Brown Advisory

Simple math dictates that when yields rise, fixed-rate bond prices fall. Whether rates are rising or falling, we manage risk using the same consistent process: We look for bonds with attractive valuation relative to our view of their potential cash flows. It often reflects how much it costs for banks to borrow from one another.

Taxes 52
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Transcript: Graeme Forster, Orbis Investments

The Big Picture

So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. It’s just math stick to it over long periods of time. Then the volatility and, and the valuation makes an enormous difference.

Investing 130
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Transcript: Greg Davis, CIO Vanguard

The Big Picture

So when you think about what people are earning in their deposit accounts at their banks, and banks have historically been very slow to raise, very slow in terms of raising deposit rates because those deposits tend to be very sticky. DAVIS: Where international equities, because of valuations, probably 7% to 7.5%. RITHOLTZ: Yes.

Portfolio 130
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Transcript: Rick Rieder

The Big Picture

In fact, I was going to be a strategist, financial analyst to work for a bank and write research reports. And the ability to say, gosh, you know, there’s a lot of stuff in fixed income, that for a variety of reasons, central bank owns it, a pension fund owns it, insurance companies own it. RIEDER: Right. It has no value.

Economy 143
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Transcript: Ted Seides

The Big Picture

SEIDES: And I’ll tell you a story that’s fun about the communication of it too. ” It wasn’t that they didn’t communicate that. RITHOLTZ: So hold the duration risk aside with those two, but just for an investor in treasuries, I know you’ve done the math before. What’s the valuation?