Sun.Jun 02, 2024

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Monday: ISM Mfg, Construction Spending, Vehicle Sales

Calculated Risk

Weekend: • Schedule for Week of June 2, 2024 Monday: • At 10:00 AM ET, ISM Manufacturing Index for May. The consensus is for the ISM to be at 49.7, up from 49.2 in April. • Also at 10:00 AM, Construction Spending for April. The consensus is for a 0.2% increase in construction spending. • Late: Light vehicle sales for May. The consensus is for light vehicle sales to be 15.9 million SAAR in May, up from 15.7 million in April (Seasonally Adjusted Annual Rate).

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Top clicks this week on Abnormal Returns

Abnormal Returns

Top clicks this week Wealthy Americans invest a lot in alternatives, but that doesn't mean you need to. (ofdollarsanddata.com) How much to allocate to private equity, if you must. (morningstar.com) The case against concentrated funds. (behaviouralinvestment.com) How to think about time. (meaningfulmoney.life) Who's to blame for high housing prices? It's not Wall Street.

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Hotels: Occupancy Rate Increased 1.6% Year-over-year

Calculated Risk

From STR: U.S. hotel results for week ending 25 May The U.S. hotel industry reported mixed performance results from the previous week but positive comparisons year over year, according to CoStar’s latest data through 25 May. 19-25 May 2024 (percentage change from comparable week in 2023): • Occupancy: 67.7% (+1.6%) • Average daily rate (ADR): US$160.67 (+2.3%) • Revenue per available room (RevPAR): US$108.73 (+3.9%) emphasis added The following graph shows the seasonal pattern for the hotel occu

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America’s Piggie Banks Are Full

A Wealth of Common Sense

The pandemic housing boom means Americans have more home equity than ever. Households have added roughly $12 trillion in home equity since the end of 2019: To put this number in context, there was only ~$6 trillion in home equity following the bursting of the housing bubble following the Great Financial Crisis. Out of the $32 trillion in total equity, let’s say half of it is tappable (meaning homeowners can cash it.

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Exide Industries: Energizing the Future with Strategic Expansion plans

Trade Brains

In today’s world, reliable and efficient energy storage is more crucial than ever. From starting our vehicles to ensuring uninterrupted power supply for homes and businesses, batteries play an invisible yet an important role. Exide industries, a leading player in the Indian battery industry, stands at the forefront of this essential sector. For over a century, Exide has been a driving force in advancements within battery technology.

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The Replicators Are Coming!

Random Roger's Retirement Planning

Alpha Simplex wrote a short but wide ranging paper that covered the history of managed futures as a strategy, the history of that strategy working its way to retail accessible funds and the possible benefits managed futures in ETFs of which there are now quite a few. The firm has been running the Alpha Simplex Managed Futures Strategy Fund (ASFYX) since 2010.

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Bonds Rally as Inflation Gauge Sustains Fed Rate-Cut Outlook

Advisor Perspectives

US government bonds rallied Friday, adding to their monthly gain, after benign inflation data kept alive predictions that the Federal Reserve will cut interest rates at least once this year.

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[cdata[ Leveraging Summer Trips for Reflective Rejuvenation ]]

oXYGen Financial

![CDATA[ You may be eagerly preparing for that summer trip with your significant other or kids, looking forward to switching on that out-of-office message. But beyond the excitement for fun and relaxation, this time away offers a unique opportunity to escape the daily grind and truly reflect on your financial and life goals. Here are various ways to make your time off both memorable and.

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Underwriting the Underwriters: Finding Opportunity in Consumer Loans

Advisor Perspectives

When it comes to investing in consumer debt, headlines may be misleading. We see opportunity.

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Sunday links: hanging out on the weekend

Abnormal Returns

Markets The S&P 500 rose nearly 5% in May 2024. (on.spdji.com) The current bull market is mid. (tker.co) Strategy It's easier to get your foot on the first rung of the stock market ladder than the housing ladder. (awealthofcommonsense.com) In the short term, TIPS aren't that great a hedge against inflation shocks. (rogersplanning.blogspot.com) The market has always been rigged, just not in the way you think.

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2025 Industry Index: How Top Advisors Are Scaling Smarter (and Faster) This Year

Where are top advisors focusing in 2025? AcquireUp’s 2025 Industry Index reveals it all. Based on insights from 200+ financial professionals nationwide, discover why 74% say seminars and referrals deliver the best ROI, how automation is helping advisors scale faster, and why only 8% are tapping into niche marketing (a major growth opportunity!). Whether you're refining your client acquisition strategy or scaling your practice, this report gives you the real-world data, benchmarks, and action ste

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America’s Tax Cut Era Must End

Advisor Perspectives

For more than two decades, America has pursued a policy as costly as the New Deal of the 1930s or the Great Society of the 1960s, but with a much narrower aim: cut taxes.

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10 Sunday Reads

The Big Picture

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • The Global Loss of the U-Shaped Curve of Happiness : Happiness used to be U-shaped by age, with middle age the least happy. Not anymore. Young people are now the least happy. ( After Babel ) • Netflix Is Broken Beyond Repair. This Streaming Platform Shows a Better Way.

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Market Viewpoint

Advisor Perspectives

David Dali, Head of Portfolio Strategy, provides his 12-month outlook for global equity markets.

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Goldman Sees Obesity-Drug Market Growing to $130 Billion by 2030

Advisor Perspectives

Goldman Sachs Group Inc. sees growing potential for the global market for weight-loss drugs by the end of the decade.

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Data Talks, CFOs Listen: Why Analytics Are Key To Better Spend Management

Speaker: Claire Grosjean, Global Finance & Operations Executive

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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Big Investors Demand Hedge Funds Beat Cash Before Charging Fees

Advisor Perspectives

Institutional investors have grown tired of paying fees to hedge funds for what they see as “skill-less returns.

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Finding Opportunity in Unloved Healthcare ETFs

Advisor Perspectives

As calls for diversification get louder, it’s a good time to look at healthcare, where long-term bullish trends meet near-term opportunities.

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Value Stocks: Cracking the Quality Code

Advisor Perspectives

Today’s value stocks offer a magnificent mix of quality, forward-looking profitable firms.

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Nvidia’s Founder Leads Parade of CEOs to Summit on Future of AI

Advisor Perspectives

Nvidia Corp.’s Jensen Huang will lead a gathering of tech business leaders in Taipei starting Sunday, an unusual opportunity for the industry’s most important executives to come together and figure out the future of computing and AI.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.