This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
From the BLS : Total nonfarm payroll employment increased by 315,000 in August, and the unemployment rate rose to 3.7 percent , the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, health care, and retail trade. The change in total nonfarm payroll employment for June was revised down by 105,000, from +398,000 to +293,000, and the change for July was revised down by 2,000, from +528,000 to +526,000.
First Half 2022, NBER Edition. The debate between the official NBER determination of a recession and the 2Qs approach has been endlessly discussed. Rather than spill more pixels on this, I will instead direct you to the Menzie Chin chart above (hat tip Invictus ). You can see why the NBER does not rely on GDP (pink line) alone; GDP was slightly negative, while Manufacturing and Trade Sales were more negative.
Tapping into Amazon's cloud service, the wealthtech company will slow its acquisition pace to focus on integrating the multiple businesses—and data—into one unified platform, executives say.
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
The unofficial end of Summer is here. Labor Day may just be a 3 (or 4) day weekend to you but in the rosy glow of nostalgia, it marked when the freedom of Summer came to a bittersweet close, and the regimented structure of school soon followed. As investors, we understand the impact of seasonality (overstated though it may be) and the return of participants to the market in full. we see this in liquidity and flows as well as more people in the office and the city (though who knows what the post-
Wards Auto released their estimate of light vehicle sales for August. Wards Auto estimates sales of 13.18 million SAAR in August 2022 (Seasonally Adjusted Annual Rate), down 1.1% from the July sales rate, and up 0.7% from August 2021. Click on graph for larger image. This graph shows light vehicle sales since 2006 from the BEA (blue) and Wards Auto's estimate for August (red).
Wards Auto released their estimate of light vehicle sales for August. Wards Auto estimates sales of 13.18 million SAAR in August 2022 (Seasonally Adjusted Annual Rate), down 1.1% from the July sales rate, and up 0.7% from August 2021. Click on graph for larger image. This graph shows light vehicle sales since 2006 from the BEA (blue) and Wards Auto's estimate for August (red).
More technology companies are pulling manufacturing facilities out of China, reports The New York Times. Amazon took solar panels off its fulfillment facilities last year after a slew of malfunctions, according to CNBC. These are among today’s must reads from around the commercial real estate industry.
The BEA released their estimate of vehicle sales for August this morning. This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the August 2022 seasonally adjusted annual sales rate (SAAR). Heavy truck sales really collapsed during the great recession, falling to a low of 180 thousand SAAR in May 2009. Then heavy truck sales increased to a new all-time high of 570 thousand SAAR in April 2019.
Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that, in its newly released draft strategic plan for 2022-2026, the SEC has indicated that the enforcement of Regulation Best Interest’s requirement that brokers act in their clients’ best interests when making an investment recommendation will be a priority going forward.
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.
Strategy Investors can now get non-zero yields on risk-free assets. (awealthofcommonsense.com) Investing lessons learned from Julian Robertson. (ft.com) Companies Starbucks ($SBUX) has a new CEO. (marketwatch.com) Shopify ($SHOP) is still rightsizing its workforce. (theglobeandmail.com) Micron ($MU) is building a big new semiconductor plant in Idaho.
The Cadillac Series 40-62 was produced by Cadillac from 1940 through 1964. It was used to introduce the Cadillac Coupe de Ville (and Eldorado) which started out as special appearance packages that were later placed into production. The post-war United States had seen a long run of economic expansion, with the expansion of suburbia and a build-out of the US highway system.
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.
On Friday at 8:30 AM ET, the BLS will release the employment report for August. The consensus is for 280,000 jobs added, and for the unemployment rate to be unchanged at 3.5%. There were 528,000 jobs added in July, and the unemployment rate was at 3.5%. Click on graph for larger image. • First, as of July there 32 thousand more jobs than in February 2020 (the month before the pandemic).
The headline jobs number in the August employment report was above expectations, however employment for the previous two months was revised down by 107,000, combined. The participation rate increased, pushing up the unemployment rate to 3.7%. And the employment-population ratio increased slightly. Leisure and hospitality gained 31 thousand jobs in August.
Automation is transforming finance but without strong financial oversight it can introduce more risk than reward. From missed discrepancies to strained vendor relationships, accounts payable automation needs a human touch to deliver lasting value. This session is your playbook to get automation right. We’ll explore how to balance speed with control, boost decision-making through human-machine collaboration, and unlock ROI with fewer errors, stronger fraud prevention, and smoother operations.
Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, JC Parets, and Downtown Josh Brown discuss JC’s latest treasure trove of charts, Bitcoin as a store of value, what Buffett has been buying, and much more! Bonus: Michael reacts to breaking NBA news! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!
Did you know that many of our most important life lessons can teach us a thing or two about how to also handle our money? That’s right! Many of the principles that we learn to live by can be applied to other areas of life, including your finances. For example, you’ve probably learned that life is what you make it. Well, your finances are what you make of them too!
By Adam Thomas Rex, CFP, AIF When we think about gifts for clients, we notice there is a tendency toward repetition: “Hey, this is exactly what their dentist is doing for them.” We have been on a mission to come up with unique ideas of how we connect with our clients from a gift standpoint. T here is a lot associated with it, such as understanding that there are certain amounts of gifts you’re allowed to give before it has to be reported and the importance of keeping a gift log.
Current Exposures: No exposure to domestic equities.No exposure to international equities.No exposure to REITs.Full exposure to commodities.No exposure to intermediate-term bonds. DIY Trend-Following Allocations: September 2022 was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.
Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
The Biden Administration’s Student Loan Debt Relief Plan plan can forgive up to $20,000 for qualified borrowers. You might be wondering if any of that forgiveness applies to your loans, and what happens next. . Here’s an overview of the plan, who qualifies, and what the next steps are: Is the repayment pause extended? Yes. The Biden administration has extended the repayments pause for one last time, pushing the next payment due date to January 2023.
There are many types of accounts for individuals to employ as part of their saving and investment plan – IRAs, HSAs, FSAs, 529 plans, and more. However, there is one account that we haven’t covered before and doesn’t get a lot of attention when considering the alphabet soup of account types – an ABLE account. And while ABLE accounts can be a bit more complex for Wisconsin residents, they offer significant tax benefits for individuals with disabilities and their families.
So you’re newly engaged. Congratulations! After you’ve announced your relationship status and had your fair share of celebrating, it’s time to start planning for your big day with a wedding budget breakdown! This means putting together a wedding budget spreadsheet with percentages and categories. It’s no secret that weddings are expensive. And you've probably already looked up "planning wedding on a budget" to see what's possible.
Investing in real estate can be lucrative and a great way to diversify your portfolio. With inflation soaring, many investors are turning to different real estate investments to increase their income. When it comes to real estate investing, there are several directions that you can go. Most new real estate investors will turn to simple single-family homes to get started before they look into anything too complex.
Like being inches from the end zone, many advisors are frustratingly close to their next level of success. You work hard. You put in the hours. But if your closing rate is stuck or your pipeline feels like a revolving door… something has to change. Most advisors are just one small shift away from dramatically increasing their revenue. The difference?
Roth conversions are a great way to ensure clients aren't hit with a hefty tax bill in retirement ; however, sometimes, clients don't have any non-qualified or non-IRA money to pay the immediate taxes on the conversion. So, are Roth conversions still a smart tax strategy for those situations? Absolutely!
![CDATA[ If you're of retirement age then you may be well aware of the fact that reaching Medicare eligibility can go a long way in helping with your healthcare needs, which happens to be one of the most expensive retirement related problems. The affordability and convenience of Medicare is one of the major benefits of turning 65 once you've made the necessary adjustments and selected from.
In this week’s podcast, Tim and Brendan begin by discussing how investors reacted to the Fed’s comments last week. The conversation turns into a discussion about who is actually making changes to their retirement investments this year. The guys wind up shining a light on the world of alternative investments and how they aren’t always […] In this week’s podcast, Tim and Brendan begin by discussing how investors reacted to the Fed’s comments last week.
Most people are well aware that investing is the key to building long-term wealth, yet that doesn’t mean that getting started is easy. In fact, all new investors face a huge learning curve when it comes to figuring out how to invest and where to invest their extra money. It doesn’t help that there are so many different kinds of investments out there, as well as various apps and platforms that all claim to be the best.
Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
We organize all of the trending information in your field so you don't have to. Join 36,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
356 
Let's personalize your content