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Risk Management in Financial Services During 2023 – 10 Key Highlights

Risk Management Guru

As the year 2023 draws to a close, it’s time to reflect on the significant strides made in the realm of Risk Management within the financial services industry. Greater use of data and analytics : Financial services firms are using data and analytics to identify and manage risks more effectively.

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Market Commentary: Is “Sell in May” Still Relevant?

Carson Wealth

While the GDP number for the first quarter disappointed, strength was evident beneath the surface. The weakest numbers were in areas that are volatile and tend to reverse, such as inventories and net exports. The core numbers were solid again and didn’t change our basic outlook for the rest of the year. in the first quarter.

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Market Commentary: Bulls Smile at January and February Market Gains

Carson Wealth

The numbers suggest the slight near-term lift in inflation is a bump, not a new surge higher. As a percentage of the workforce, the number of workers quitting their jobs is now at 2.4%, well below where it was a year ago and even lower than it was pre-pandemic. The economy continues to appear in good shape. s consumer-driven economy.

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12 Best Paying Jobs in Finance in 2023

Good Financial Cents

After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes. Out of all the finance jobs available to college graduates, financial managers are some of the highest-paying, with high demand for workers in this field. Chief Compliance Officer.

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Market Commentary: Another October Bottom?

Carson Wealth

Overall income in the economy is dependent on three factors: Employment growth Hourly wage growth Number of hours worked All of the above are running strong, and so overall income growth across the economy is strong. A large part of the growth was government jobs (+73,000), but even the private sector created 263,000 jobs.

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Market Commentary: Good News Is Good News

Carson Wealth

The Economy Has Strong Momentum as 2024 Gets Going Two volatile components of GDP tend to be inventories and exports, but stripping those out leaves the underlying signal, which is “final demand,” or how much households, businesses, and government are spending. Real final demand, after adjusting for inflation, averaged 3% in 2023.

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Market Commentary: U.S. Debt Downgrade Should Have Minimal Impact

Carson Wealth

The first came in August 2011 from S&P Global Ratings after a government standoff over the debt ceiling. The agency cited “the expected fiscal deterioration over the next three years, a high and growing general government debt burden, and the erosion of governance relative to ‘AA’ and ‘AAA’ rated peers” as reasons for the downgrade.