The Reformed Broker
NOVEMBER 16, 2022
Glamour is a supernatural form of mental compulsion or influence that is specific to vampires. Glamouring is similar to hypnosis, and while all vampires have this power, it needs to be taught as it does not appear to come naturally… The process of glamouring begins with eye contact between a vampire and a respondent. Once eye contact is made, the respondent is held in a trance, making them susceptible to the pow.
The Big Picture
NOVEMBER 16, 2022
So, the whole house is down with Covid. I had some minor symptoms I assumed were vaccine side effects, but I kept testing negative. By the time I tested positive it was way too late for Paxlovid. I isolated to keep everyone else safe. Too late! Mrs. Big Picture went from no symptoms to full-on flu 2 days after me. Paxlovid helped her dramatically — she went from worse than me to much better in 24 hours.
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Mish Talk
NOVEMBER 16, 2022
Data from BLS, calculation and chart by Mish. Definitions The Civilian Noninstitutional Population is defined as persons 16 years of age and older residing in the 50 states and the District of Columbia, who are not inmates of institutions (e.g., penal and mental facilities, homes for the aged), and who are not on active duty in the Armed Forces. The participation rate is the percentage of the population that is either working or actively looking for work.
Nerd's Eye View
NOVEMBER 16, 2022
With inflation running hot, a potential recession looming, and both stock and bond markets seeing significant drops so far this year, there is no shortage of potential stressors for financial planning clients. And as crises arise and stress builds up, some clients may reach a tipping point where they seek out their advisor looking for answers to ensure their financial plan remains on track.
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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
Pragmatic Capitalism
NOVEMBER 16, 2022
In this video we discuss the collapse of FTX and the crypto markets and what we can learn from this bear market.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Mish Talk
NOVEMBER 16, 2022
Advance Retail Sales from Census Department, chart by Mish. Advance Retail Sales Today, the Commerce Department released Advance Retail Sales Data for October. Advance estimates of U.S. retail and food services sales for October 2022, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes , were $694.5 billion, up 1.3 percent from the previous month, and 8.3 percent above October 2021.
Abnormal Returns
NOVEMBER 16, 2022
Strategy Jack Forehand, "There is no magic bullet to help decide when to change an investment process." (blog.validea.com) You can't control the markets, only your own behavior. (allstarcharts.com) Activists Google ($GOOGL) is not too big to attract an activist investor. (cnbc.com) Saba Capital wants Franklin Templeton ($BEN) to attend to some high discount CEFs.
Calculated Risk
NOVEMBER 16, 2022
Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Demand for design services decreases considerably Demand for design services from architecture firms softened considerably in October, according to a new report from The American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score for October was 47.7, the first decline in billings since January 2021 (any score below 50 indicates a decline in firm billings).
Wealth Management
NOVEMBER 16, 2022
Investors in the sector have been more reluctant to close deals as the cost of capital rises. But given a strong outlook for income growth, many acquisitions are still going through.
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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.
Nationwide Financial
NOVEMBER 16, 2022
Over the past year, energy markets have had to deal with significant uncertainty, primarily driven by the macroeconomic backdrop, the fractious geopolitical landscape, and the idiosyncrasies of the oil market. Oil appears stuck in crosscurrents ranging from cuts to production to uncertainty over global demand as sanctions loom large over Russian oil exports.
Wealth Management
NOVEMBER 16, 2022
In the small towns near Stanton, Tenn. residents view the future manufacturing colossus with hope and trepidation. But the project has rattled Michigan officials who fear that Ford’s center of gravity is shifting south.
Meb Faber Research
NOVEMBER 16, 2022
Episode #455: Eugene Fama: A Life in Finance Guest: Eugene F. Fama, 2013 Nobel laureate in economic sciences, is widely recognized as the “father of modern finance.” His research is well known in both the academic and investment communities. He is strongly identified with research on markets, particularly the efficient markets hypothesis.
Wealth Management
NOVEMBER 16, 2022
Demand for design services decreased considerably, according to the latest AIA Billings Index. Institutional investors are increasing target allocations to real estate, however the denominator effect has left some funds overexposed to the sector, reports the latest Institutional Real Estate Allocations Monitor. These are among today’s must reads from around the commercial real estate industry.
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.
Calculated Risk
NOVEMBER 16, 2022
Today, in the Calculated Risk Real Estate Newsletter: 3rd Look at Local Housing Markets in October; California Sales off 37% YoY, Prices Fall; Early Read on October Sales A brief excerpt: California doesn’t report monthly inventory numbers, but they do report the change in months of inventory. Here is the press release from the California Association of Realtors® (C.A.R.): California home sales bear brunt of higher interest rates in October, C.A.R. reports October’s sales pace was down 10.4 perc
Wealth Management
NOVEMBER 16, 2022
A former Morgan Stanley Private Wealth advisor and team launched the multi-family office and investment firm based in Radnor, Penn., with locations in New York City and Boston, backed by Dynasty Financial Partners.
Advisor Perspectives
NOVEMBER 16, 2022
I’ve learned from experience what it takes to mount a successful marketing campaign. Here are some observations.
Wealth Management
NOVEMBER 16, 2022
The San Francisco-based company expects more people to become hosts to bring in a second source of income as the economy slows. To help them feel safer with the prospect of renting their homes to strangers, Airbnb is expanding its identity verification process to the 35 most popular countries.
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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.
Clever Girl Finance
NOVEMBER 16, 2022
This post contains some affiliate links from brands we trust that help us grow Clever Girl Finance! Please see our disclosures for more information. Ever wondered how long to keep financial records? Or how long should you keep bank statements? It's tough to know what is unnecessary clutter and what's important with paperwork, which is why we've created this guide for financial record keeping.
Wealth Management
NOVEMBER 16, 2022
The most critical expertise needed is in the areas of taxes, legal title, recognition, liquidity and premiums.
Clever Girl Finance
NOVEMBER 16, 2022
This post contains affiliate links to brands we trust. Please see our disclosures for more information. Everybody: There’s no such thing as free money. Me: Uhm, yes, there is! Unless you’ve been hiding under a rock, there are a ton of ways to get cash easily – especially in our digital age. If you’re scratching your head wondering how to get free money, sit tight and drop everything you’re doing.
Wealth Management
NOVEMBER 16, 2022
James Millegan faces as much as five years in prison after a jury found him guilty of evading $2.5 million in income taxes, according to the Department of Justice.
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All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!
Calculated Risk
NOVEMBER 16, 2022
On a monthly basis, retail sales were up 1.3% from September to October (seasonally adjusted), and sales were up 8.3 percent from October 2021. From the Census Bureau report : Advance estimates of U.S. retail and food services sales for October 2022, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $694.5 billion, up 1.3 percent from the previous month , and 8.3 percent above October 2021.
Wealth Management
NOVEMBER 16, 2022
James Millegan faces as much as five years in prison after a jury found him guilty of evading $2.5 million in income taxes, according to the Department of Justice.
Clever Girl Finance
NOVEMBER 16, 2022
Getting rich quickly – it’s that elusive dream that so many of us share. Somehow, if we learn how to get rich quickly, then all of our problems will evaporate. But is there really a way to get rich quickly? And, even if you do, does it really make life that much better? Sure, getting rich quickly, even if you start out with nothing, is possible (if it weren’t, nobody would ever play the lottery!
Wealth Management
NOVEMBER 16, 2022
An aggressive regulatory push by the SEC is behind the "major shift" in resources, according to Hearsay Compliance Principal Bill Simpson.
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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.
Advisor Perspectives
NOVEMBER 16, 2022
To foresee what crisis might be next, it is vital to understand the dollar's role in global finance and economics and the resulting role that the Fed plays in influencing global monetary policy.
Wealth Management
NOVEMBER 16, 2022
Advisor Lori Eisel realized she could not control her son’s addiction, but she could help herself and shift her mindset about it.
oXYGen Financial
NOVEMBER 16, 2022
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