Calculated Risk

NOVEMBER 27, 2024

The BEA released the Personal Income and Outlays, October 2024 report for October: Personal income increased $147.4 billion (0.6 percent at a monthly rate) in October , according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI), personal income less personal current taxes, increased $144.1 billion (0.7 percent) and personal consumption expenditures (PCE) increased $72.3 billion (0.4 percent).

Food 303

Food Taxes Economics 303

Nerd's Eye View

NOVEMBER 27, 2024

Charitable giving is an essential aspect of many people's financial lives. Some give through established channels, such as by donating to charities or volunteer work, others may give informally to family members on a regular but less structured basis – and some simply aspire to "do more". Yet, despite the important role that charitable giving can play, studies show that many advisors hesitate to bring up the topic with clients.

Clients 242

Clients Education Financial Planner Planning 242

The Big Picture

NOVEMBER 27, 2024

Next time you encounter a calm pond or lake with a nice, smooth surface, pick up a rock and toss it into the water. The result will be very predictable: concentric rings will expand out from where the mass disrupts the calm surface. This is how models depict the economy. Once the surface settles down, repeat the exercise. Only this time, have 10 of your friends grab big scoops of rocks of various sizes, from pebbles to boulders, and randomly throw them into the water over minutes, hours, and day

Economy 200

Economy Retail Portfolio Assets 200

Calculated Risk

NOVEMBER 27, 2024

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey — Mortgage applications increased 6.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 22, 2024. The Market Composite Index, a measure of mortgage loan application volume, increased 6.3 percent on a seasonally adjusted basis from one week earlier.

Economy 173

Economy Sales Marketing Marketing 173

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Accounting

Abnormal Returns

NOVEMBER 27, 2024

Podcasts Peter Lazaroff talks with Jason Zweig about neuroeconomics and the future of finance. (peterlazaroff.com) Christine Benz and Amy Arnott and talk with Mark Berg about helping your kids financially. (morningstar.com) Thomas Kopelman and Jacob Turner talk with Daniel Crosby author of "The Soul of Wealth." (podcasts.apple.com) Home buying Good luck trying to time the housing market.

Portfolio 147

Portfolio Financial Planning Estate Planning Planning 147

Calculated Risk

NOVEMBER 27, 2024

From the NAR: Pending Home Sales Climbed 2.0% in October, Third Straight Month of Gains Pending home sales ascended in October – the third consecutive month of increases – according to the National Association of REALTORS®. All four major U.S. regions experienced month-over-month gains in transactions, with the Northeast leading the way. Year-over-year, contract signings increased in all four U.S. regions, led by the West.

Sales 147

Sales Marketing Marketing 147

Calculated Risk

NOVEMBER 27, 2024

Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie: Single Family and Multi-Family Serious Delinquency Rates Increased in October Excerpt: Single-family serious delinquencies increased slightly in October, and multi-family serious delinquencies increased. Multi-Family Delinquencies Increased, Fannie Rate Matches Highest Since 2011 (ex-Pandemic).

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Wealth Management

NOVEMBER 27, 2024

A former skeptic explains the benefits and risks.

Clients 298

Clients 298

Calculated Risk

NOVEMBER 27, 2024

From the BEA: Gross Domestic Product, Third Quarter 2024 (Second Estimate) and Corporate Profits (Preliminary) Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2024 , according to the "second" estimate released by the U.S. Bureau of Economic Analysis. In the second quarter, real GDP increased 3.0 percent.

Economics 147

Economics Investing Investments 147

Wealth Management

NOVEMBER 27, 2024

Open, honest and candid discussion about DOL guidance on AI, the agency’s practice of sharing information with plaintiff’s attorneys, record keeper consolidation helping RPAs grow and more.

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Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

Management

Advisor Perspectives

NOVEMBER 27, 2024

Home prices continued to trend upwards in September as the benchmark 20-city index rose for a twentieth consecutive month to a new all-time high. The S&P Case-Shiller Home Price Index revealed seasonally adjusted home prices for the 20-city index saw a 0.2% increase month-over-month (MoM) and a 4.6% increase year-over-year (YoY). After adjusting for inflation, the MoM was reduced to -0.2% and the YoY was -0.6%.

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Wealth Management

NOVEMBER 27, 2024

Steps to take before the Jan. 1, 2025 filing deadline.

Clients 264

Clients 264

Advisor Perspectives

NOVEMBER 27, 2024

Personal income ( excluding transfer receipts ) rose 0.6% in October and is up 4.7% year-over-year. However, when adjusted for inflation using the BEA's PCE Price Index, real personal income (excluding transfer receipts) was up 0.3% month-over-month and up 2.3% year-over-year.

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Wealth Management

NOVEMBER 27, 2024

The top 30 safest and wealthiest retirement cities in the United States in 2024.

Retirement 264

Retirement 264

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Clients

A Wealth of Common Sense

NOVEMBER 27, 2024

Today’s Animal Spirits is brought to you by Global X: See here for more information on the full suite of Global X AI Ecosystem ETFs On today’s show, we discuss: Silicon Valley Tech Boom Lifts California’s Dreary Budget View Boom: Bubbles and the End of Stagnation Musk and Ramaswamy race to build a ‘DOGE’ team for war with Washington Investors confusing Bluesky with Toronto blockchain firm se.

Budgeting 52

Budgeting 52

Wealth Management

NOVEMBER 27, 2024

Don’t run afoul of campaign finance laws.

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Advisor Perspectives

NOVEMBER 27, 2024

The Conference Board's Consumer Confidence Index® rose in November to the highest level since January. The index increased to 111.7 this month from October's upwardly revised 109.6. This month's reading was slightly lower compared to the 111.8 forecasted.

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Wealth Management

NOVEMBER 27, 2024

Louis Diamond offers UBS advisors a perspective on the firm’s compensation plan changes, which were announced on Nov. 21.

Compensation Planning 263

Compensation Planning Financial Advisor Planning 263

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

Advisor Perspectives

NOVEMBER 27, 2024

Credit investors squeezed by the tightest spreads in almost 20 years are opting for bare-bones strategies, creating a boom for Europe’s fixed-maturity funds.

Marketing 64

Marketing Marketing 64

Wealth Management

NOVEMBER 27, 2024

Boosted.ai envisions that its new agentic AI, Alfa, will not be an advisor's clone, it could be thought of as a co-worker.

Wealth Management 246

Wealth Management Management 246

Leading Advisor

NOVEMBER 27, 2024

Life insurance professionals often face emotional and psychological challenges that can make connecting with clients difficult. The Shame of Selling can create barriers that prevent… The post Is the Shame of Selling Preventing Clients from Getting the Protection They Need? appeared first on Leading Advisor - Simon Reilly.

Clients 52

Clients Insurance Financial Advisor 52

Wealth Management

NOVEMBER 27, 2024

While some firms struggle with manual processes and paperwork, industry leaders are leveraging automation to scale their practices and deliver exceptional client experiences.

Clients 246

Clients 246

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

Advisor Perspectives

NOVEMBER 27, 2024

VettaFi spoke recently with Nate Williams, a vice president and ETF specialist with Franklin Templeton, about the growth of its ETF business.

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52

YouSet Insurance

NOVEMBER 27, 2024

Tenant insurance policies cover some types of sudden and accidental water damage. Find out which types are and aren’t covered in this blog.

Insurance 40

Insurance 40

Advisor Perspectives

NOVEMBER 27, 2024

The U.S. economy grew in line with expectations during the third quarter of this year. Real gross domestic product increased at an annual rate of 2.8% in Q3 2024, according to the second estimate. The latest estimate is in line with the forecasted 2.8% growth and is below the Q2 2024 GDP final estimate of 3.0%.

Economy 52

Economy 52

Calculated Risk

NOVEMBER 27, 2024

What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a monthly basis, they report total inventory. For October, Realtor.com reported inventory was up 29.2% YoY, but still down 21.1% compared to the 2017 to 2019 same month levels. Now - on a weekly basis - inventory is up 26.5% YoY.

Sales 264

Sales Budgeting Numbers Marketing 264

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

Advisor Perspectives

NOVEMBER 27, 2024

Treasury Secretary Janet Yellen came under fire this year from economists such as Nouriel “Dr. Doom” Roubini for stepping up the issuance of short-term Treasury bills.

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Abnormal Returns

NOVEMBER 27, 2024

Markets The stock market is having its two best back-to-back years since the Dotcom boom. (sherwood.news) Americans are wicked bullish. (axios.com) Markets are, for now, shrugging off tariff threats. (sherwood.news) Fund management How a portfolio manager allocates trades matters. (morningstar.com) Tom Lee's Granny Shots US Large Cap ETF ($GRNY) is live.

Math 147

Math Portfolio Management Portfolio Media 147

Advisor Perspectives

NOVEMBER 27, 2024

We call them “Silicon Valley rivals,” but when you think about it, the big tech titans have mostly stayed in their respective lanes for the past 20 years.

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Calculated Risk

NOVEMBER 27, 2024

The DOL reported : In the week ending November 23, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 213,000 to 215,000. The 4-week moving average was 217,000, a decrease of 1,250 from the previous week's revised average.

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