Sun.Aug 27, 2023

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Sunday links: crossed fingers

Abnormal Returns

Strategy How high a VIX is too high? (mrzepczynski.blogspot.com) Do you need commodities in your portfolio? (humbledollar.com) Crypto How the 'Fidelity mafia' has infiltrated the crypto industry. (wsj.com) Bitcoin’s mining difficulty level has reached an all-time high. (theblock.co) Companies 3M ($MMM) is nearing a deal to settle military earplug suits.

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Going Long in Two Fields: Why TLT Could Be Your MVP During Recessions

Dear Mr. Market

Dear Mr. Market: First off, if you want to know how amazing Artificial Intelligence is, the following list of article titles were generated for this article in the matter of four seconds! (we picked the first one and the rest of this article is typed with regular human toiling!) FYI: If you’ve never used ChatGPT, before try it! Much of its delivery is on what and how you ask things and in this case here is the prompt/reply that we asked of it: Certainly!

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Top clicks this week on Abnormal Returns

Abnormal Returns

Top clicks this week Better investing comes from better decision making. (ritholtz.com) Asset allocation is not a science. (obliviousinvestor.com) It's hard to overstate the sea change that has occurred with interest rates. (theirrelevantinvestor.com) Quant strategies are not free from human input. (blog.validea.com) The only way to learn about investing is actually putting money on the line.

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[cdata[ Play Your Cards Right - Credit Cards That Is ]]

oXYGen Financial

![CDATA[ As everyone looks ahead to the latter half of 2023, people will ask what is the most significant change they can make in order to clean up their finances. The answer will almost always be, "play your cards right - your credit cards that is." Whether someone pays off their credit card each month or if someone carries a balance, this is the best time to clean up the cards to play them.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Why Are Mortgage Rates So High?

A Wealth of Common Sense

Inflation has come down from more than 9% to a more reasonable 3.2%: Bond yields are now much higher than they were in the 2010s but 4.25% on the benchmark 10 year Treasury is still not high from a historical perspective: It’s actually right at the average since 1990. If you had armed me with this information 12 months ago I would have assumed mortgage rates would be lower, probably somewhere around 6%.

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Talk Your Book: The Largest Active ETF

The Irrelevant Investor

Today’s Talk Your Book is brought to you by J.P. Morgan Asset Management: See here for more information on JPMorgan Equity Premium Income ETF. We had Hamilton Reiner, MD, PM, and Head of US Equity Derivatives at J.P. Morgan Asset Management on the show to discuss their popular covered call strategy ETF. On today’s show, we discuss: How the strategy is constructed Why getting called away on a stock-by-stock basis is.

Assets 70
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Fundamental Analysis Of Premier Explosives – Future Plans & More

Trade Brains

Fundamental Analysis of Premier Explosives: The stock of Premier Explosives rallied over 100% in less than 15 trading sessions in July this year. Contrast this with the fact that its earnings have remained stagnant in the previous five years, with losses in 2 years. So, what makes this small cap explosives manufacturer such an interesting company? Why is everyone rushing to buy it?

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Sunday Night Futures

Calculated Risk

Weekend: • Schedule for Week of August 27, 2023 Monday: • At 10:30 AM ET, Dallas Fed Survey of Manufacturing Activity for August. This is the last of the regional Fed manufacturing surveys for August. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 6 and DOW futures are up 48 (fair value). Oil prices were down over the last week with WTI futures at $79.83 per barrel and Brent at $84.48 per barrel.

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Giving Your Financial Grace: How Laurie Adams Has Blazed Her Own Trail

NAIFA Advisor Today

Laurie Adams is a Certified Financial Planner (CFP), helping people create financial plans to achieve financial security through investment management, retirement, trust, and planning services. She spent 21 years as a professional education instructor creating and teaching courses to CFP professionals, bank trust officers, CPAs, and insurance license holders.

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

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An Early Look at the September FOMC Projections

Calculated Risk

The next FOMC meeting will be held on September 19th and 20th. Projections will be released at this meeting. For review, here are the June projections. Since the last projections were released in June, the economy has performed better than the FOMC expected, and inflation was slightly below expectations. The BEA reported that real GDP increased at a 2.4% annual rate in Q2, after increasing at a 2.0% rate in Q1.

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Powell Signals Fed Will Raise Rates If Needed, Keep Them High

Advisor Perspectives

Federal Reserve Chair Jerome Powell said the US central bank is prepared to raise interest rates further if needed and intends to keep borrowing costs high until inflation is on a convincing path toward the Fed’s 2% target.

Banking 52
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[cdata[ Retirement Plans Risks on M&A Deals ]]

oXYGen Financial

![CDATA[ No matter the reasons for mergers and acquisitions, it's essential to be careful about potential problems with the seller's retirement plan. To avoid issues after the deal is done, it's best to review the plan early and address any concerns. By doing this, buyers can identify any critical issues and include them in the acquisition agreement.

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What Are Bond ETFs?

Advisor Perspectives

For example, treasuries, investment grade bonds, corporate debt, and high yield to name a few. And in this case, like equities, they can be bought and sold on a stock exchange.

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Banking on Loyalty: Holistic Financial Advice for Unparalleled Business Growth

Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor

During an era of evolving consumer preferences, the banking sector is undergoing a profound shift. As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances. Without adapting, financial institutions will find that loyalty may crumble amid uncertainty.

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10 Sunday Reads

The Big Picture

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • Most of My Instagram Ads Are for Drugs, Stolen Credit Cards, Hacked Accounts, Counterfeit Money, and Weapons : The ads are a window into a blatantly illegal underground economy that Meta is not only failing to moderate, but is actively profiting from and injecting into users’ feeds. ( 404 Media ) • A shiny scheme is draining retirement accounts.

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Bond Market Losses Are Finally Over, Unless Yields Blow Past 6%

Advisor Perspectives

As brutal as it’s been for US bond investors, the math is finally turning in their favor.

Math 52
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Some Money Managers Convinced Bond Bull Market is Still Ahead

Advisor Perspectives

High interest rates begetting a recession was one reason many money managers were bullish on bonds after a bearish 2022. While the economy continues to run hot and a recession may not arrive, some suspect a bond bull market is still ahead.

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Equal-Weight Flexes Diversification Credibility

Advisor Perspectives

Advisors and investors typically allocate to index funds and exchange traded funds linked to well-known benchmarks, such as the S&P 500, in the name of diversification. After all, these funds are homes to hundreds of stocks and those sizable rosters imply some level of diversity.

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Transforming Lending: Understanding the Power of Digital Platforms

Digital platforms can provide you with plenty of solutions, yet many are still intimidated by them. It's time to end that worry and embrace what could make a major difference for your bank. Understanding how they work and how to best utilize them for your banks is key toward success. In this article, Biz2X breaks down all things digital platforms, including the many advantages of embracing them.

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Is Artificial Intelligence Just Hype or More Than a Fad?

Advisor Perspectives

Over the last several years, we’ve heard plenty of talk about artificial intelligence. There’s even debate about whether AI will ever become sentient and decide to destroy humanity.

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AI Won’t Save Tech Stocks From Trouble, BofA’s Hartnett Says

Advisor Perspectives

Technology stocks are in trouble, with the buzz around artificial intelligence set to be overshadowed by the effects of higher-for-longer interest rates, according to Bank of America Corp. strategists.

Banking 52
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Treasury Yields – What’s Driving Their Recent Rise?

Advisor Perspectives

It’s premature to call off a recession. Lower shelter costs will ease inflationary pressures. Treasury supply dynamics caught the market by surprise.