Abnormal Returns

MARCH 13, 2024

on.ft.com) There is still a lot of uncertainty around office building valuations. axios.com) Economy "Real aggregate non-supervisory payrolls made a new all-time high in February." (wired.com) The spot Bitcoin ETF fee war is here. etf.com) Finance Why Evercore ($EVR) is outperforming other investment banks.

Financial Advising 268

Financial Advising Valuation Retail Media 268

Abnormal Returns

MARCH 17, 2024

Markets Market valuations aren't that helpful in the short term. bloomberg.com) Economy Consumer balance sheets are in good shape. tker.co) The U.S. yield curve has been inverted for a record amount of time. ft.com) Strategy Why you can ignore all the magazine cover commentary. wsj.com) Marriage is a good deal, financially, in the U.S.

Financial Advising 235

Financial Advising Commission Valuation Consulting 235

Abnormal Returns

APRIL 25, 2024

allstarcharts.com) What are to make of the big, and persistent, valuation disparities between large and small caps. klementoninvesting.substack.com) Economy Q1 2024 GDP came in at 1.6% Markets The energy sector is still less than 4% of the S&P 500. collabfund.com) Expect to see some overconfidence tonight in Detroit.

Accounting 144

Accounting Consulting Financial Advising Valuation 144

Abnormal Returns

SEPTEMBER 7, 2023

theirrelevantinvestor.com) Big tech stocks have their own valuation experience. nytimes.com) Economy Weekly initial unemployment claims are off their lows of a year ago. disciplinefunds.com) Have Fed rate hikes already worked its way through the economy? stock market of late. bloomberg.com) Salt Lake City is booming.

Financial Advising 236

Financial Advising Valuation Economy Insurance 236

The Reformed Broker

SEPTEMBER 15, 2023

This week, Michael Batnick, Rob Arnott, and Downtown Josh Brown discuss lessons from the tech bubble, smart beta, big tech valuations, Tesla and Nvidia, how AI might impact markets and the economy, and much more! Welcome to the latest episode of The Compound & Friends. Listen here: Apple podcasts Spotify podcasts G.

Marketing 177

Marketing Marketing Valuation Economy 177

The Big Picture

APRIL 7, 2023

Wall Street Journal ) • How Models Get the Economy Wrong : Seemingly complex and sophisticated econometric modeling often fails to take into account common sense and observable reality. American Prospect ) see also Six Ways Existing Economic Models Are Killing the Economy : The alleged science doesn’t match up to the real world.

Valuation 280

Valuation Advertising Economy Food 280

Abnormal Returns

OCTOBER 26, 2023

bestinterest.blog) 60/40 portfolios Where the valuation of the 60/40 portfolio stands. vox.com) Economy The U.S. economy grew at a 4.9% (theirrelevantinvestor.com) The stock-bond correlation does one thing: it changes. (fa-mag.com) fa-mag.com) Stocks outperform bonds over the long run, but not every year or even decade.

Financial Advising 238

Financial Advising Valuation Portfolio Economy 238

Bell Investment Advisors

AUGUST 2, 2023

Bureau of Economic Analysis showed the domestic economy grew at an inflation-adjusted pace of 2.4% The low interest rates that justified higher stock valuations are not so low anymore. The post The Economy Continues to Look Good appeared first on Bell Investment Advisors. A report from the U.S.

Economy 52

Economy Valuation Investment Advisor Economics 52

Validea

JULY 3, 2023

“The Fed’s goal is to destroy the economy in order to save it,” says Research Affiliates’ founder and chairman Rob Arnott in an interview with Fox Business News , using the biggest weapon in their arsenal—monetary policy—in order to tamp down inflation as much as they can. The P/E ratio for the U.S.

Economy 52

Economy Valuation Marketing Marketing 52

The Reformed Broker

SEPTEMBER 16, 2023

We discussed lessons from the tech bubble, smart beta, big tech valuations, Tesla and Nvidia, how AI might impact markets and the economy, and much more! We had Rob Arnott on The Compound and Friends this week live at Future Proof! You can watch the new TCAF below or listen as a podcast.

Valuation 177

Valuation Economy Marketing Marketing 177

Abnormal Returns

MARCH 20, 2024

marginalrevolution.com) Finance Private equity is stuck between elevated valuations high interest rates and a moribund IPO market. entertainmentstrategyguy.com) Global It's hard to put a positive spin on Brexit for the UK economy. (amycastor.com) Companies It's hard to wrap your head around the numbers with Nvidia's ($NVDA) new chips.

Financial Advising 179

Financial Advising Startup Valuation Economy 179

Abnormal Returns

FEBRUARY 11, 2024

wsj.com) Companies Just how important AI is for valuations today. nber.org) Economy The Federal Reserve has all the data in the world, and still gets things wrong. (axios.com) A look at Gary Sernovitz's new novel "Counting House." msn.com) An excerpt from "Private Equity: A Memoir" by Carrie Sun.

Assets 232

Assets Financial Advising Valuation Media 232

Abnormal Returns

SEPTEMBER 17, 2023

frontofficesports.com) Why seed stage valuations haven't dropped as much as you would think. longreads.com) Populism is bad for a country's economy. marginalrevolution.com) Economy Shouldn't there be more layoffs by now? Finance Goldman Sachs ($GS) want to sell HNW clients a piece of a sports franchise.

Financial Advising 239

Financial Advising Valuation Economy Economics 239

Abnormal Returns

AUGUST 9, 2023

(axios.com) Venture capital Why more markdowns are coming to venture capital portfolio valuations. news.crunchbase.com) China China's economy is now experiencing deflation. economist.com) Economy A re-accelerating economy risks higher base inflation. hunterwalk.com) Do VC platform teams add value?

Financial Advising 175

Financial Advising Economy Valuation Consulting 175

Abnormal Returns

SEPTEMBER 14, 2023

wsj.com) Databricks just raised fresh capital at a $43 billion valuation. disciplinefunds.com) Economy It's still hard to see a recession on the horizon. bonddad.blogspot.com) The resumption of student loan repayments will hit the economy. ft.com) The UFC and WWE are now a part of TKO Group Holdings ($TKO).

Financial Advising 242

Financial Advising Advertising Economy Valuation 242

Carson Wealth

APRIL 8, 2024

economy continues to look solid, with markets rallying Friday after a stronger-than-expected jobs report. Pockets of attractive valuations exist despite above-average valuations in some high-profile areas of the market. economy, and the job market is leading the way. Payroll growth picked up in recent months.

Marketing 96

Marketing Marketing Valuation Economy 96

Abnormal Returns

JUNE 15, 2023

(theinformation.com) Is there an AI premium for startup valuations? etf.com) Economy The change in weekly initial unemployment claims are are nearing recessionary levels. newsletter.abnormalreturns.com) Mixed media Remember the creator economy? tomtunguz.com) AI-generated junk is flooding Etsy ($ETSY). theguardian.com)

Financial Advising 194

Financial Advising Startup Valuation Economy 194

Abnormal Returns

DECEMBER 20, 2023

(finance.yahoo.com) Hipgnosis is having a hard time coming up with song valuations. visualcapitalist.com) Economy The Fed is moderately tight. theguardian.com) Another (big) mall bites the dust. ibj.com) Red Sea The situation in the Red Sea will disrupt global trade. nytimes.com) How Houthi attacks affect global shipping.

Financial Advising 199

Financial Advising Valuation Media Economy 199

Abnormal Returns

JANUARY 20, 2023

ft.com) Startups How unicorns are dealing with the decline in valuations. theinformation.com) The bloom is off the 'passion economy' rose? ft.com) Economy Existing home sales plunged in December. (wsj.com) Why PE firms are reluctant to put 'dry powder' to work. Those stakes are set to change hands.

Investing 213

Investing Investments Startup Financial Advising 213

Abnormal Returns

MAY 26, 2023

tomtunguz.com) Morgan Housel, "Companies should want the valuation they deserve, and not a penny more." nytimes.com) Lower natural gas prices are helping buoy the global economy. wsj.com) Economy The current bout of inflation is nothing if not complicated. collabfund.com) The 100 most reputable companies in America.

Financial Advising 200

Financial Advising Valuation Retail Economy 200

Abnormal Returns

DECEMBER 7, 2023

(techcrunch.com) SpaceX SpaceX is reportedly planning a tender offer for employee shares at a $175 billion valuation. axios.com) Economy Kyla Scanlon, "People are complex and economics doesn’t (can’t!) yahoo.com) Why SpaceX continues to win new launch business. bloomberg.com) Bonds Vanguard is launching new actively managed bond ETFs.

Digital Media 210

Digital Media Electronics Financial Advising Startup 210

Abnormal Returns

JANUARY 3, 2023

wsj.com) Startups are going to experience a "new normal" valuation-wise. avc.com) SpaceX is raising new capital at a $137 billion valuation. nytimes.com) The UK has 'deconverged' from the rest of the global economy. nytimes.com) Economy Where various measures of the jobs market stand.

Startup 185

Startup Valuation Financial Advising Distribution 185

Abnormal Returns

AUGUST 22, 2023

theirrelevantinvestor.com) Do market valuations mean revert over time? ft.com) It's hard to find much that is going well for the Chinese economy. Markets The stock market is laser focused on interest rates. thediff.co) Why there's never a shortage of pundits willing to make a big market call.

Financial Advising 212

Financial Advising Valuation Retail Media 212

Abnormal Returns

OCTOBER 24, 2022

(theinformation.com) Snowflake ($SNOW) is growing into its valuation. economist.com) Economy This high yield bond indicator is signalling economic trouble ahead. thediff.co) Global How the U.S. is trying to throttle China chip production. wsj.com) China is dramatically reducing the amount of economic statistics it publishes.

Marketing 218

Marketing Marketing Financial Advising Valuation 218

Advisor Perspectives

APRIL 4, 2024

The economy, inflation, interest rates and market valuations drive the key questions facing advisors. Does the tech stock landscape mirror the boom of 1996 or the bust of 2000? What will be the impact of Meta's inaugural dividend payment? Is now the time to increase allocations to international Markets?

Valuation 64

Valuation Retail Economy Banking 64

Abnormal Returns

JULY 28, 2023

tomtunguz.com) With valuations down, why aren't big tech companies buying more startups? reasonstobecheerful.world) Economy The Fed's favorite inflation indicator, the PCE, moderated in June. (awealthofcommonsense.com) Big Tech All things considered, Meta ($META) and Google ($GOOGL) dominate online ad spending.

Financial Advising 178

Financial Advising Startup Valuation Media 178

Advisor Perspectives

AUGUST 8, 2023

Coming into the year, over 60% of economists expected the economy to enter a recession in 2023. But the economy’s resilience, particularly in the wake of aggressive rate hikes, has surprised the market and supported better than expected earnings growth and the equity rally year-to-date.

Valuation 40

Valuation Economy Marketing Marketing 40

Abnormal Returns

DECEMBER 5, 2022

Markets Small cap stocks stand out for their cheap valuations. morningstar.com) Economy The labor economy drives spending, not savings. morningstar.com) Why have energy stocks and oil prices diverged? ft.com) You might be surprised what is the country's second largest bond fund.

Startup 194

Startup Marketing Marketing Financial Advising 194

The Big Picture

NOVEMBER 5, 2022

We discuss Chancellor’s history as an analyst interested in speculative bubbles, which led him to write a research paper on valuations and why the dotcom bubble looks a lot like other historical bubbles. That eventually was expanded into Devil Take the Hindmost published in 1999, a few quarters before the bubble popped.

Valuation 293

Valuation Economy Management Marketing 293

Abnormal Returns

JUNE 25, 2023

riabiz.com) Companies Nvidia's ($NVDA) valuation has gotten ahead of itself. axios.com) Economy Where various recession probability models stand. (awealthofcommonsense.com) Crypto Bitcoin had a good week. axios.com) Why everybody and their brother submitted a spot Bitcoin ETF application this week.

Financial Advising 201

Financial Advising Valuation Retail Media 201

Abnormal Returns

JUNE 27, 2023

bloomberg.com) SpaceX's valuation keeps rising, due in part to Starlink's success. morningstar.com) Economy Home prices peaked June 2022. (behaviouralinvestment.com) Do commodities have a role to play in a long-term, strategic asset allocation? axios.com) Finance The private equity crowd is finding mega-deals hard to come by.

Asset Allocation 189

Asset Allocation Financial Advising Startup Valuation 189

Abnormal Returns

JANUARY 30, 2023

klementoninvesting.substack.com) Economy Signs that the U.S. newsletter.abnormalreturns.com) Mixed media Fidelity has cut its valuation for Twitter shares, again. (nytimes.com) Funds How the launch of the SPDR S&P 500 ETF Trust ($SPY) changed financial markets. morningstar.com) Why sustainable funds can charge a premium.

Financial Advising 211

Financial Advising Media Valuation Economy 211

Abnormal Returns

AUGUST 6, 2023

michaelparekh.substack.com) Venture capital Q2 2023 startup data from AngelList show median valuations back to pre-pandemic levels. nytimes.com) Economy How political affiliation has polluted economic sentiment. (blairbellecurve.com) You don't need an 'everything app' when you already have the 'everything phone.'

Financial Advising 231

Financial Advising Startup Economics Valuation 231

Abnormal Returns

JANUARY 27, 2023

nytimes.com) Companies Revisiting Tesla's ($TSLA) valuation, post-Twitter fiasco. thebasispoint.com) Housing The Fed's policies are hitting the economy primarily through the housing channel. (rationalwalk.com) Funds Dividend-focused funds are having their moment. How do they perform over the long run?

Financial Advising 199

Financial Advising Distribution Valuation Media 199

The Big Picture

AUGUST 14, 2023

As the International Energy Agency put it, investment by the industry in clean fuels “is picking up” but “remains well short of where it needs to be.” ( New York Times ) • Do Valuations Even Matter For the Stock Market? Mind you, this is not valuations at screaming buy levels, just below average. That’s around 5% of the time.

Valuation 130

Valuation Budgeting Investing Investments 130

Abnormal Returns

OCTOBER 31, 2022

allstarcharts.com) And valuations are still attractive. fortune.com) Economy Three things that are dampening economic pain, including remote work. Small caps Small caps are outperforming of late. gmo.com) Strategy The past two years help show the agony and ecstasy of stock picking.

Financial Advising 219

Financial Advising Media Valuation Retail 219

Abnormal Returns

FEBRUARY 27, 2023

capitalgains.thediff.co) Startups How increased regulatory risk is affecting startup valuations. wired.com) Economy Another indicator showing a deceleration in the economy. (wsj.com) Taxes on share buybacks are a speed bump. axios.com) Job number one for CEOs is capital allocation.

Startup 130

Startup Financial Advising Valuation Economy 130