Calculated Risk

DECEMBER 6, 2022

Here is another monthly update on framing lumber prices. This graph shows CME random length framing futures through December 6th. Lumber was at $413 per 1000 board feet this morning. This is down from the peak of $1,733, and down 54% from $907 a year ago. Prices are close to the pre-pandemic levels of around $400. Click on graph for larger image. There is somewhat of a seasonal demand for lumber, and lumber prices usually peak in April or May, although prices peaked much earlier this year.

Marketing 363

Marketing Marketing 363

Wealth Management

DECEMBER 6, 2022

The court decided in favor of her son Homer.

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Calculated Risk

DECEMBER 6, 2022

Today, in the Calculated Risk Real Estate Newsletter: Q3 Update: Delinquencies, Foreclosures and REO A brief excerpt: Last year, I pointed out that with the end of the foreclosure moratoriums, combined with the expiration of a large number of forbearance plans, we would see an increase in REOs in late 2022 and into 2023. However, this would NOT lead to a surge in foreclosures and significantly impact house prices (as happened following the housing bubble) since lending has been solid and most ho

Numbers 317

Numbers Insurance Sales Planning 317

Wealth Management

DECEMBER 6, 2022

Defensive practices and planning ahead is key.

Planning 298

Planning 298

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Clients

The Reformed Broker

DECEMBER 6, 2022

I’m in Texas this week speaking at the Dynasty Investing Forum and seeing clients. The below was one of my best posts of the year, in my own humble opinion I wrote it at pretty much the worst moment for stocks in 2022, during the peak of the September sell-off that drove the S&P 500 to its lowest low – down about 25% on the year. Since this post, JPMorgan shares are up 26%.

Clients 269

Clients Investing Investments 269

Wealth Management

DECEMBER 6, 2022

Office loan delinquencies and distressed office sales remain subdued, though the sector is facing headwinds.

Sales 294

Sales 294

Wealth Management

DECEMBER 6, 2022

CBL plans to bring additional entertainment centers to its regional malls, reports Commercial Property Executive. A new survey found office workers care more about good WiFi connection and flexible workspaces rather than free coffee. These are among today’s must reads from around the commercial real estate industry.

Planning 279

Planning 279

Abnormal Returns

DECEMBER 6, 2022

Retirement Automatic retirement account enrollment helps to boost participation. (nber.org) Financial regrets in old age. (papers.ssrn.com) Research A lot of anomalies disappear once you account for the costs of short sales. (papers.ssrn.com) Why single-factor strategies are tough to maintain. (mrzepczynski.blogspot.com) How to measure, and use, 'tail betas.

Startup 246

Startup Portfolio Management Retirement Accounting 246

Wealth Management

DECEMBER 6, 2022

A discussion of the latest tools that help firms deliver personalization at scale to differentiate their firms, increase capacity and drive business momentum.

Client Management 278

Client Management Management Clients 278

Calculated Risk

DECEMBER 6, 2022

Notes: This CoreLogic House Price Index report is for October. The recent Case-Shiller index release was for September. The CoreLogic HPI is a three-month weighted average and is not seasonally adjusted (NSA). From CoreLogic: US Annual Home Price Growth Slows to Half of Spring 2022 Peak in October, CoreLogic Reports CoreLogic®. today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for October 2022.

Economics 233

Economics Sales Marketing Marketing 233

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.

Management

Wealth Management

DECEMBER 6, 2022

The Miami-based team led by Rodolfo Rake and Santiago Rey is focused on serving Latin American clients at home and abroad.

Investing 278

Investing Investments Clients 278

The Big Picture

DECEMBER 6, 2022

 . Transcript: MiB: Luis Berruga, Global X ETFs. The transcript from this week’s, MiB: Luis Berruga, CEO, Global X ETFs , is below. You can stream and download our full conversation, including the podcast extras on iTunes , Spotify , Stitcher , Google , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~.

Clients 163

Clients Investing Investments Management 163

Wealth Management

DECEMBER 6, 2022

One technology exec argues that the human elements of financial advice will never be digitized; another says most of the job will eventually be fully automated.

Financial Advice 278

Financial Advice 278

Pragmatic Capitalism

DECEMBER 6, 2022

1) SBF, FTX, WTF. The big story of the week remains Sam Bankman-Fried and the collapse of crypto exchange FTX.

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144

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.

Numbers

Wealth Management

DECEMBER 6, 2022

At the MarketCounsel Summit, executives with Advisor Growth Strategies questioned the certainty that rising interest rates will result in a cratering of M&A activity.

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264

A Wealth of Common Sense

DECEMBER 6, 2022

Before becoming one of the most important movie studio executives of the 1970s, Robert Evans took a break from the glitz and glam of Hollywood to work for his brother’s apparel line, Evan-Picone. The company was so fashionable in the 1960s that every investment bank was pushing them to go public. Before going that route, Robert’s brother Charles put a call into Charlie Revson, the founder and owner of Revlon.

Banking 144

Banking Investing Investments 144

Wealth Management

DECEMBER 6, 2022

Bipartisan group will address critical issues facing generationally owed enterprises of all sizes.

264

264

Abnormal Returns

DECEMBER 6, 2022

Bonds Bond lingo, 101. (monevator.com) The bonds vs. bond fund equation is more complicated than it looks. (morningstar.com) Crypto Fidelity has not wavered in its approach to crypto. (riabiz.com) FTX's marketing efforts drew in a lot of novice investors. (nytimes.com) FTX/Alameda purportedly owned stakes in hundreds of startups. (ft.com) Tech Taiwan Semi ($TSM) is expanding its Arizona manufacturing ambitions.

Financial Advising 130

Financial Advising Startup Distribution Manufacturing 130

Speaker: Erroll Amacker

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.

Accounting

Wealth Management

DECEMBER 6, 2022

Schwab Advisor Services looks at how RIAs are sweetening the employment pot to attract top talent.

264

264

Nerd's Eye View

DECEMBER 6, 2022

Welcome back to the 310th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Natalie Taylor. Natalie is the owner of Natalie Taylor Consulting Services, an independent virtual RIA, and is also the Head of Financial Advice for Monarch Money, a personal financial management tool that helps consumers track their spending and net worth over time.

Clients 130

Clients Financial Advice Financial Advisor Consulting 130

Wealth Management

DECEMBER 6, 2022

Woodgate Financial's Jason Pereira details how advisors can be more efficient through digitization and automation.

Wealth Management 264

Wealth Management Management 264

Calculated Risk

DECEMBER 6, 2022

From the Department of Commerce reported : The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $78.2 billion in October , up $4.0 billion from $74.1 billion in September, revised. October exports were $256.6 billion, $1.9 billion less than September exports. October imports were $334.8 billion, $2.2 billion more than September imports. emphasis added Click on graph for larger image.

Economics 130

Economics 130

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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.

Accounting

Wealth Management

DECEMBER 6, 2022

Zephyr Market Strategist Ryan Nauman recaps the week's headlines, including market reaction to Fed Chair Jerome Powell's recent speech, highlights from the Investment Fuse conference and the college football bowl season.

Marketing 264

Marketing Marketing Investing Investments 264

Alpha Architect

DECEMBER 6, 2022

In this article, we examine the research on investing during inflationary regimes such as deflation, inflation, and stagflation. Factors perform relatively well in all regimes on a real basis. Investing in Deflation, Inflation, and Stagflation Regimes was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

Investing 125

Investing Investments 125

Wealth Management

DECEMBER 6, 2022

Goldman Sachs and Bank of America executives also warned of hiring slowdowns due to the uncertain economic outlook.

Banking 260

Banking Economics 260

Advisor Perspectives

DECEMBER 6, 2022

The S&P 500 peaked in November of 2021 and most of 2022 has been in a bear market. Let's examine the past to broaden our understanding of the range of historical trends in market performance.

Marketing 111

Marketing Marketing 111

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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?

Sales

Wealth Management

DECEMBER 6, 2022

The measure, known as Proposition ULA, boosts the one-time transfer tax to 4 percent for property deals between $5 million and $10 million, and 5.5 percent for transactions of $10 million and above. The current rate on all sales is 0.45 percent.

Taxes 241

Taxes Sales 241

The Irrelevant Investor

DECEMBER 6, 2022

Today’s Animal Spirits is brought to you by YCharts: Enter your information here to claim a FREE YCharts Professional account through December 16th, 2022 (first 100 submissions) On today’s show we discuss: Immaculate disinflation hopes dashed? Comments on the November employment report Were there really twice as many job openings as unemployed people?

Marketing 108

Marketing Marketing Accounting 108

Wealth Management

DECEMBER 6, 2022

Crypto companies seeking the public markets’ stamp of approval face a rightly skeptical SEC.

Marketing 162

Marketing Marketing 162

Nationwide Financial

DECEMBER 6, 2022

Investors have faced a host of financial challenges over the past year—from record inflation, to rising interest rates, to market corrections and rebounds. So it’s no wonder that many investors who are not yet retired are recalibrating their expectations for retirement and their financial future. The rise in market turbulence and economic uncertainty has sparked a jump in investor anxiety.

Clients 98

Clients Retirement Economics Planning 98

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Accounting