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Fed's Beige Book: "Economic activity increased slightly to moderately"

Calculated Risk

Fed's Beige Book Economic activity increased slightly to moderately across the twelve Federal Reserve Districts in late November and December. Manufacturing decreased slightly on net, and a number of Districts said manufacturers were stockpiling inventories in anticipation of higher tariffs. Vehicle sales grew modestly.

Economics 162
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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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Sunday links: fast pivots

Abnormal Returns

wsj.com) Apple ($AAPL) is playing the long game in financial services. calculatedriskblog.com) The economic schedule for the coming week. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking? finance.yahoo.com) Why a sizable number of native Hawaiians have moved to Las Vegas.

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Market Commentary: S&P 500 Approaching All-Time High but US Economic Momentum Slowing

Carson Wealth

If you’re well above this number, you can be fairly sure job growth is positive. If you’re at this number, like right now (and also seeing downward momentum), we can’t be sure the economy is actually creating any net jobs. The tariff mess in April led some forecasters to predict an economic crash as early as this summer.

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Market Commentary: Seasonal Tailwinds Ahead, but First an Election

Carson Wealth

However, this shouldn’t be a big surprise because we knew Hurricanes Milton and Helene would weigh on the numbers. September payrolls were revised down by 31,000 to +223,000 jobs, and August was revised down by 81,000 to +78,000 (the first sub-100,000 monthly payroll number since December 2020). But those numbers are backward looking.

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Schedule for Week of June 18, 2023

Calculated Risk

Any number above 50 indicates that more builders view sales conditions as good than poor. -- Tuesday, June 20th -- 8:30 AM ET: Housing Starts for May. Senate Committee on Banking, Housing, and Urban Affairs 11:00 AM: the Kansas City Fed manufacturing survey for June. -- Friday, June 23rd -- No major economic releases scheduled.

Sales 130
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Market Commentary: Risks Increase, But Don’t Overreact to the Turbulence

Carson Wealth

Economic data last week showed the economy slowing more than expected, adding to worries about a potential recession. Thursday’s set of economic data saw initial jobless claims rise to their highest level in a year, alongside a weak manufacturing ISM number. Houston, We Have Turbulence The S&P 500 fell 2.0%

Marketing 141