Mish Talk

DECEMBER 11, 2022

"CZ" Image likeness courtesy of Coin Telegraph article below. Binance's Proof of Reserves Statement When we say Proof of Reserves, we are specifically referring to those assets that we hold in custody for users. This means that we are showing evidence and proof that Binance has funds that cover all of our users assets 1:1, as well as some reserves. When a user deposits one Bitcoin, Binance's reserves increase by at least one Bitcoin to ensure client funds are fully backed.

Assets 362

Assets Accounting Clients Economics 362

Abnormal Returns

DECEMBER 11, 2022

Top clicks this week Nick Maggiulli's favorite investment writing of 2022. (ofdollarsanddata.com) Things that never happened in markets before happen all the time. (awealthofcommonsense.com) The bonds vs. bond fund equation is more complicated than it looks. (morningstar.com) How much wealth does it take to crack the 0.1%? (ritholtz.com) Bond lingo, 101.

Risk Management 157

Risk Management Taxes Management Investing 157

Wealth Management

DECEMBER 11, 2022

Matt Chisholm, senior vice president for RIA services and practice management at Commonwealth Financial Network, describes the three ways advisors can benefit from outsourcing.

Management 104

Management 104

Abnormal Returns

DECEMBER 11, 2022

Bonds What is the bond market saying about the economy right now? (awealthofcommonsense.com) Bond investors are using 2022 to swap mutual funds into ETFs. (wsj.com) It's easy to overlook these bond market nuances. (humbledollar.com) A look at liquidity in the Treasury market. (ft.com) Crypto How CoinDesk broke the FTX story and the fallout that ensued.

Marketing 130

Marketing Marketing Financial Advising Transportation 130

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Calculated Risk

DECEMBER 11, 2022

Expectations are the FOMC will announce a 50bp rate increase in the federal funds rate at the meeting this week and increase the "terminal rate" to 5-5.25%. From Merrill Lynch: "A relatively soft November inflation report is unlikely to affect the Fed’s decision. It has clearly telegraphed a 50bp hike in December , which would take the federal funds rate to 4.25-4.5%.

Banking 108

Banking Economics Marketing Marketing 108

A Wealth of Common Sense

DECEMBER 11, 2022

Some random thoughts about markets and investing I’ve been thinking about lately: The fear of missing out and the joy of missing out are two sides of the same coin. In bull markets, you feel like an idiot for not going all-in on the highest of high fliers. In bear markets, that FOMO quickly turns into JOMO (the joy of missing out). If nothing else, both up and down markets provide reminders that there is rarely an e.

Investing 95

Investing Investments Marketing Marketing 95

Wealth Management

DECEMBER 11, 2022

Dividends from participating whole life policies are dependent on many factors and are not guaranteed.

Insurance 113

Insurance Clients 113

Advisor Perspectives

DECEMBER 11, 2022

The steady drumbeat of warnings that the American economy is careening toward a recession finally struck a nerve on Wall Street.

Economy 98

Economy Marketing Marketing 98

The Irrelevant Investor

DECEMBER 11, 2022

Today’s Talk Your Book is brought to you by Helios: See here to learn more about utilizing Helios’ insourced CIO and other tailored tools for advisors On today’s show, we are joined by Joe Mallen, CIO of Helios to discuss Helios’ offerings for advisors. On today’s show we discuss: What Helios does Typical Helios clientele The growth of model portfolios Insourced vs outsourced CIOs How advisors are.

Portfolio 75

Portfolio 75

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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.

Banking

oXYGen Financial

DECEMBER 11, 2022

![CDATA[ With the current lifetime estate tax at an all-time high of $12.06 million per person, you may not be thinking much about your long-term estate strategy. However, history has shown this amount has fluctuated which requires ongoing planning. In fact, the estate tax is set to sunset in a few years to $5 million adjusted for inflation, so this is something that should be on your.

Taxes 59

Taxes Planning 59

Clever Girl Finance

DECEMBER 11, 2022

Making a plan for the year can be your secret weapon for success. Year planning allows you to set goals and be more prepared for the upcoming year. Imagine how good it'll feel achieving everything you set out to accomplish. Yes, life is unpredictable and a good system can easily unravel from the complexities of life. Yet if you have goals in place, you’ll be better equipped to handle the surprises that happen.

Planning 59

Planning Taxes Business Planning Budgeting 59

Wealth Management

DECEMBER 11, 2022

Kristine McManus, vice president of business solutions and practice management at Commonwealth Financial Network, explains why it is imperative for practices to engage with the next generation.

Management 57

Management 57

Advisor Perspectives

DECEMBER 11, 2022

For the first time in a long time, muni investors may be able to earn attractive yields without having to take undue risk.

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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.

Financial Advice

Random Roger's Retirement Planning

DECEMBER 11, 2022

Barron's had an article titled " Retirees Put Their Lives on Hold for Covid. Inflation Is Forcing Them to Do It Again." The article is mostly short profiles of retirees and how they are reacting to the higher prices of late. They are collectively spending less, cancelling travel plans, cancelling plans to move, not driving one of their cars, one lady started some sort of homemade soap business that involves her being on the "craft fair circuit.

Retirement 62

Retirement Retirement Planning Planning Investing 62

Wealth Management

DECEMBER 11, 2022

Matt Deitch, principal, chief strategy officer of Commonwealth Financial Network, explores how to create advisory practices and client relationships with staying power.

Clients 57

Clients 57

Cordant Wealth Partners

DECEMBER 11, 2022

Today we are going to tell you everything you need to know about the Intel Minimum Pension Plan (MPP). We’ll cover: How the Intel pension plan works. How your Intel pension benefit is calculated. The steps you should take if you’re retiring from Intel. But first, grab your free resources (no email required!). Free Resources: Pension: Lump Sum vs.

Planning 52

Planning Risk Tolerance Retirement Accounting 52

James Hendries

DECEMBER 11, 2022

The end of the year can be a chaotic time for business owners. It is a time to compile data, review the numbers, evaluate strengths and weaknesses, and determine growth opportunities for the future. A business owner would be keen to review several factors in preparing year-end documents and preparing for the following year. Here are five tips that may assist with organizing a strategy.

Planning 52

Planning Taxes Insurance Accounting 52

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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.

Banking

Trade Brains

DECEMBER 11, 2022

Fundamental Analysis of Torrent Pharmaceuticals: Investors eye for stocks that can give consistent returns over the years, steadily rising over time like Titan Co. or any of the big tech stocks. How about we introduce you to a new stock: Torrent Pharma, a leading drug maker that has risen consistently over time? In this article, we perform a fundamental analysis of Torrent Pharmaceuticals to find out how it has generated impressive returns for its shareholders.

Pharmaceutical 52

Pharmaceutical Manufacturing Medicine Taxes 52

Advisor Perspectives

DECEMBER 11, 2022

For some investors, this year’s rout in high-flying technology stocks is more than a bear market: It’s the end of an era for a handful of giant companies such as Facebook parent Meta Platforms Inc. and Amazon.com Inc.

Marketing 52

Marketing Marketing 52

Calculated Risk

DECEMBER 11, 2022

Weekend: • Schedule for Week of December 11, 2022 • FOMC Preview: 50bp Hike, Increase "Terminal Rate" Monday: • No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 and DOW futures are mostly unchanged (fair value). Oil prices were down over the last week with WTI futures at $71.02 per barrel and Brent at $76.10 per barrel.

Economics 40

Economics Marketing Marketing 40

Advisor Perspectives

DECEMBER 11, 2022

For a long time, one acronym reigned supreme on Wall Street — TINA, or “there is no alternative,” which was used to talk about the allure of stocks in a low interest-rate environment. But now, BARB — or “bonds are back” — is the new queen.

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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!

Accounting

Million Dollar Round Table (MDRT)

DECEMBER 11, 2022

By Randy Marshall, Ph.D. Knowing the difference between a goal and a desire has saved careers and given many financial advisors a new lease on why they do what they do. Yet, many people operate with the wrong perspective because they don’t understand the huge difference between a goal and a desire. By understanding this, you as a financial advisor can increase both your productivity and inner peace.

Financial Advisor 91

Financial Advisor 91

Advisor Perspectives

DECEMBER 11, 2022

That question is likely top of mind for anyone who has seen or played around with ChatGPT, the AI-powered chat tool from OpenAI, the $20 billion AI research organization.

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WiserAdvisor

DECEMBER 11, 2022

The end of the year is all about festivities. However, before you get caught up in the holiday mood, it is vital to carve out some time and prepare for the coming year. The New Year is an excellent time to start planning for your financial needs for the future. It can offer you a fresh start and perspective. It is also an excellent time to plan your tax liabilities and look for ways to minimize them.

Financial Advisor 52

Financial Advisor Taxes Retirement Planning 52

Advisor Perspectives

DECEMBER 11, 2022

The recent escalation in interest rates is squeezing household budgets.

Banking 98

Banking Budgeting 98

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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.

Communication

The Big Picture

DECEMBER 11, 2022

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • You’re Being Lied to About Electric Cars : Science has repeatedly shown EVs are better for humans, despite the meme you just retweeted. ( MotorTrend ). • Conservatism as an Oppositional Culture: How a sociological concept explains the “Scam Right” Spend some time consuming conservative media, and you’ll see it’s all just one scam after the other: “commemorative” gold coins, something abou

Medicine 245

Medicine Transportation Media Portfolio 245

Advisor Perspectives

DECEMBER 11, 2022

A near-total ban on imports of Russian crude into the European Union is finally hitting Russia’s oil revenue. Concerns that it would provide the Kremlin with a windfall to fund its war in Ukraine have been confounded — for now.

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Advisor Perspectives

DECEMBER 11, 2022

Many have been asking this question since earlier this year, a question that has no easy answer. As economists – us included – continue to forecast the most ‘telegraphed’ recession in history, it is important to point to those things that make this economic cycle very different from past economic cycles.

Economics 40

Economics 40