The Big Picture

NOVEMBER 11, 2022

The 7 Series is all new and redesigned, with your choice of electric or traditional ICE powertrains: the 740i is a rear-drive, 3.0-liter BMW TwinPower Turbo inline 6-cylinder that makes 375 HP; the 760i xDrive Sedan is all-wheel drive, with a 4.4-liter BMW TwinPower Turbo V-8 engine making 536HP. But the top of the line is now an all-electric luxury sedan: the i7 starting at $119,300, producing 536 HP, with a range that is about 300 miles. 0-60 MPH only takes 4.5 seconds.

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Engineering 246

The Reformed Broker

NOVEMBER 11, 2022

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Warren Pies, and Downtown Josh Brown discuss the latest in markets, inflation, the effects of seasonality, what could be next, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods! Listen here: Apple podcasts Spotify podcasts Google podcasts Everywhere else!

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Marketing Marketing 241

The Big Picture

NOVEMBER 11, 2022

My end-of-week morning train WFH reads: • Is This Crypto’s Lehman Moment? Here’s how to make sense of the industry-shaking collapse of FTX. ( New York Times ). • Riverfront Square, the failed Disneyland Park successor that beer helped kill : As Disneyland grew into an international sensation, Disney began deciding on his next big project. He wasn’t yet sure he wanted to build a whole new theme park, but when St.

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Management Accounting Assets Planning 246

Abnormal Returns

NOVEMBER 11, 2022

The biz Podcasts are great way to reach a business-oriented audience. (trungphan.substack.com) How Spotify ($SPOT) has maintained its audio lead. (cnbc.com) Financial history Barry Ritholtz talks with Edward Chancellor authof of “The Price of Time: The Real Story of Interest.” (ritholtz.com) Allison Schrager talks with William Goetzmann about how finance enabled civilization.

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Startup 199

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Accounting

Nerd's Eye View

NOVEMBER 11, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that as enforcement of the SEC’s new marketing rule began on November 4, advisory firms are taking a variety of approaches. While some are looking to gain a first-mover advantage by leveraging client testimonials and third-party endorsements (and adjusting their compliance programs before doing so), others are taking a wait-and-see approach.

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Financial Planner Retirement Planning Compliance Retirement 186

Mish Talk

NOVEMBER 11, 2022

Let's compare the above capture to recent statements. 100% Liquid and 100% Bankrupt Here is a fascinating development. " FTX US, the US based exchange that accepts Americans, was not financially impacted by this sh*tsh*w. It's 100% liquid. Every user could fully withdraw (modulo gas fees etc). Updates on its future coming. " FTX US is 100% liquid and 100% bankrupt.

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Math Assets Economics 158

Pragmatic Capitalism

NOVEMBER 11, 2022

Here’s a new Three Minute Money video on the Triffin Dilemma and why it matters more than ever.

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Your Richest Life

NOVEMBER 11, 2022

As 2022 winds down, now is the ideal time to set yourself up for success in the new year. Give yourself time to really look through the past year, what worked, and what you might need to change or adapt in the year ahead. Taking stock of the reality of your situation, whether you’re where you want to be or not, frees up some room for you to dream, make goals and take appropriate action.

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Certified Financial Planner Estate Planning Financial Planning Financial Planner 110

The Irrelevant Investor

NOVEMBER 11, 2022

When there is a big news release, I like to look at the market’s response before seeing the numbers. I’m more interested in the reaction to the news than the news itself.* One month ago I was driving into the city with Josh, waiting on the CPI report with my face glued to my phone. Futures tanked at 8:30, and I knew inflation came in hotter than expected.

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Numbers Marketing Marketing 103

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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.

Banking

A Wealth of Common Sense

NOVEMBER 11, 2022

This is how Americans spend their money1 (according to a study by the Bureau of Labor Statistics): Like most aggregates when you’re dealing with hundreds of millions of people, everyone’s spending is probably somewhat different than these averages. But directionally these numbers look right to me from a big-picture perspective. The two biggest line items for the majority of households are housing and transpor.

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Numbers 106

Alpha Architect

NOVEMBER 11, 2022

A Veteran's Day Blog. This summer, The Basic School in Quantico, Virginia unveiled a memorial, honoring lieutenants that were killed in Operation Iraqi Freedom and Operation Enduring Freedom. Of Bronze and Blue was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

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Wealth Management

NOVEMBER 11, 2022

The firm’s executives said they are pressing forward on the path toward becoming a national RIA, lowering platform fees, bringing commission trails in-house, expanding capital options for the affiliated businesses, and bulking up its suite of services designed for fee-based advisors.

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Commission Marketing Marketing 98

Walkner Condon Financial Advisors

NOVEMBER 11, 2022

2022 has been a difficult and trying year for stock and bond indexes in both emerging and developed markets. We are on pace to post the first double-digit loss in the major US markets since 2008. After a run of 13 years, it is understandable for investors to want to close their eyes and wait for the storm to pass. However, in times of market runoffs, it is important to review your finances and check the boxes on year-end tasks to ensure you are well-positioned for when the markets rebound.

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Insurance Coverage Retirement Planning Financial Advisor Taxes 98

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.

Financial Advice

Calculated Risk

NOVEMBER 11, 2022

Today, in the Calculated Risk Real Estate Newsletter: Current State of the Housing Market; Overview for mid-November A brief excerpt: Over the last month … 1. New listings have declined further year-over-year. 2.Mortgage rates had increased further but declined this week. 3. House prices are declining month-over-month (MoM) as measured by the repeat sales indexes.

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Marketing Marketing Sales 96

Wealth Management

NOVEMBER 11, 2022

As the world awaits the final result of the US midterms, the finance industry is trying to figure out how vulnerable the outcome will leave it.

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Clever Girl Finance

NOVEMBER 11, 2022

When you don’t know exactly what you want, how will you know when you have it? That problem is precisely why it’s so important to find clarity in your life. Getting clarity to achieve your life’s goals is possible. Sometimes we find ourselves feeling lost in life , drifting along. Maybe we have some clue about what we actually want to achieve, or maybe we feel completely aimless.

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Planning Numbers Management Investing 64

Wealth Management

NOVEMBER 11, 2022

Strategic wealthtech and advisory firms should always be scanning “waivers” for experienced talent

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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.

Banking

Calculated Risk

NOVEMBER 11, 2022

It is early in Q4. we will have more estimates next week. From BofA: [Forecast 1.0% in Q4 ] Overall, the data since our last weekly publication pushed down our 3Q GDP tracking estimate from 3.1% q/q saar (seasonally adjusted annual rate) to 3.0% q/q saar. Looking ahead to next week, there are a number of data releases that could affect 3Q tracking, including retail sales on Wednesday, which will also kick-off our 4Q tracking.

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Retail Numbers Sales 57

Wealth Management

NOVEMBER 11, 2022

The leverage and other aspects everyone tut-tuts about after-the-fact are essential for economic progress.

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Economics 97

Advisor Perspectives

NOVEMBER 11, 2022

It’s time to take a fresh look at advisor meetings.

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Wealth Management

NOVEMBER 11, 2022

More and more affluent investors are starting their search for an advisor online.

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Accounting

Advisor Perspectives

NOVEMBER 11, 2022

Here are some suggestions to consider when remarrying.

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Retirement 98

Wealth Management

NOVEMBER 11, 2022

It was the largest combined influx the two biggest ETFs in the category have ever received.

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Random Roger's Retirement Planning

NOVEMBER 11, 2022

I wanted to circle back to a couple of things from yesterday's post. First, the growing pains at Twitter. They are selling blue check "verification" for $8/mo. I'm pretty sure there is no vetting going on and this happened. It's fake but still caused a 5% decline in the shares of Eli Lilly (LLY). It also took down client holding Novo-Nordisk (NVO) down 5% too.

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Asset Allocation Portfolio Clients Assets 59

Advisor Perspectives

NOVEMBER 11, 2022

Meta Platforms Inc.’s first major job cuts won’t be nearly enough to get the company back to being as profitable as it was just two years ago, according to analysts.

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Creating a winning digital lending experience requires plenty of focus on the needs of customers and more. Biz2X Chief Product Officer Aaron Traub covers everything from how to create such an experience, areas to hone in on, pitfalls to avoid, and plenty more in this insightful article. Discover how to utilize new technology without alienating existing customers, what to emphasize when working on your platform, and how to utilize the data at your disposal while not becoming overly reliant on it.

Communication

Calculated Risk

NOVEMBER 11, 2022

NOTE: COVID stats are updated on Fridays. On COVID (focus on hospitalizations and deaths). Data has switched to weekly. NOTE: Cases have declined by two-thirds from the recent peak, and deaths lag cases - so we might see weekly deaths below 2,000 soon. Weekly deaths bottomed in July 2021 at 1,666. COVID Metrics Now Week Ago Goal New Cases per Week 2 ??

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Numbers 52

Advisor Perspectives

NOVEMBER 11, 2022

Early this week, with the severe inverted yield curve and other signals flashing recession, I planned to use this letter to delve into the data. Then Thursday’s CPI data convinced markets to blow the all-clear whistle.

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Planning Marketing Marketing 52

Integrity Financial Planning

NOVEMBER 11, 2022

Settling down for retirement after many years of work can feel like a sigh of relief, a moment to catch your breath and slow down. However, this shift in lifestyle can also bring up feelings of sadness, anxiety, and loss of purpose. Studies show that a third of retirees develop symptoms of depression, [1] especially those who have lost a spouse, live alone, retired unexpectedly, [2] or are simply struggling to adjust.

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Retirement Financial Planning Planning Taxes 52