The Reformed Broker
JUNE 17, 2023
Please read this from Michael Santoli: Just as the depth of despond evident in investor-sentiment gauges around Labor Day was out of proportion to what the market and economy had been doing, the volume of cheer engendered by this four-week, 9% rally looks to be running at least a bit ahead of what has, after all, been a marginal upside exit from a long, grinding trading range.
The Big Picture
JUNE 17, 2023
This week, we speak with Gretchen Morgenson, senior financial reporter for the NBC News investigative unit. A former stockbroker and alumna of the New York Times and Wall Street Journal, she won the Pulitzer Prize in 2002 for her “trenchant and incisive” reporting on finance. She (and coauthor Joshua Rosner) recently published “ These Are the Plunderers: How Private Equity Runs―and Wrecks―America.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
The Reformed Broker
JUNE 17, 2023
We did Austin big this week. Supersized. BBQ, country music, sports bars, meetings, dinners, lunches, walks, scooters, forget about it. What a city. Some pics from the trip below: We were posted up at The Line hotel all week. When we bumped into the Ameriprise gang, there was quite a scuffle. Three hospitalized, two arrests. This is La Piscina, a Tex Mex spot on the pool deck of the Proper Hotel.
The Big Picture
JUNE 17, 2023
The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • Who Builds The Internet? Meet Wikipedia’s Architects : The world wide web of Wikipedia, as told by its editors. ( Byline ) • Microsoft’s Sudden AI Dominance Is Scrambling Silicon Valley’s Power Structure : The company has quietly cornered the emerging software market, and it’s preparing to cash in. ( Businessweek ) see also How Nvidia Became ChatGPT’s Brain and Joine
Advertisement
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
Calculated Risk
JUNE 17, 2023
At the Calculated Risk Real Estate Newsletter this week: • Lawler: Early Read on Existing Home Sales in May • 3rd Look at Local Housing Markets in May • Lawler: Update on Mortgage/Treasury Spreads • Part 2: Current State of the Housing Market; Overview for mid-June • Part 1: Current State of the Housing Market; Overview for mid-June • 2nd Look at Local Housing Markets in May This is usually published 4 to 6 times a week and provides more in-depth analysis of the housing market.
MarketWatch
JUNE 17, 2023
Facebook parent Meta Platforms Inc. META on Friday said it plans to lower the recommended age for users of its Quest Pro virtual-reality headset to 10 from 13, sparking privacy and safety concerns from watchdog groups and parents. The move marks the second time the company has eased age restrictions for use of its products. In April, Meta said it would allow those under 18 to use Horizon World, its VR social network.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
The Irrelevant Investor
JUNE 17, 2023
Articles Historically, every new technology that matters, from electric lighting to automobiles to radio to the Internet, has sparked a moral panic (By Marc Andreesen) Bull markets rarely feel like bull markets at first (By Callie Cox) We’re at the beginning of the story, not the end. (By Dave Nadig) The “Intangible Value Factor” (By Kai Wu) A common question we hear is: “What problems do blockchains solv.
Random Roger's Retirement Planning
JUNE 17, 2023
This will be fun. Meb Faber posted a short white paper titled What Is The Safest Investment Asset ? The context is someone who has enough money to be able to avoid a normal allocation to risk assets with general idea underlying the piece is that it would be easy to just say T-bills and in nominal terms, that would be true but factoring in the loss of purchasing power due to inflation, that would not be the case.
Aleph
JUNE 17, 2023
Image Credit: Aleph Blog || Has the return on assets for public equities permanently risen? At March 31st, 2023, the S&P 500 was priced to return 2.41%/year over the next ten years. Given the rally since then, that return has shrunk to 0.49%/year. Currently the 10-year Treasury yields 3.76%. In investment grade corporates, you could earn more than 5% with considerably lower risk.
Trade Brains
JUNE 17, 2023
Fundamental Analysis Of Thermax : The engineering industry is the backbone of a nation’s advancement and prosperity. Over the decades, multiple companies has been established in India. These companies try to overcome capital adequacy problems, low productivity, regulation, shortages of raw materials, and other factors that make them more capital-intensive in nature to run their businesses.
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.
Advisor Perspectives
JUNE 17, 2023
It can feel like inclusivity is a risky policy for a firm in the current climate, but this is not the case at all. Research has shown that companies that are more inclusive tend to perform better than less inclusive firms.
Validea
JUNE 17, 2023
There has been a lot going on in the options world that is impacting the stock market. The use of 0DTE (0 days to expiration) options has risen dramatically in recent months, options expirations have continued to be significant market moving events and an end of month trade by a JP Morgan fund many investors haven’t heard of has also been a significant market driver.
Advisor Perspectives
JUNE 17, 2023
India is making bold moves in ‘new energy’ and decarbonization and our recent trip reinforced our reasons to remain bullish.
Validea
JUNE 17, 2023
There has been a lot going on in the options world that is impacting the stock market. The use of 0DTE (0 days to expiration) options has risen dramatically in recent months, options expirations have continued to be significant market moving events and an end of month trade by a JP Morgan fund many investors haven’t heard of has also been a significant market driver.
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.
Advisor Perspectives
JUNE 17, 2023
Recruiting talent is a basic ingredient for business success. Companies that are more inclusive in their recruiting will discover better-qualified employees, which can bolster competitive advantages and help deliver better outcomes for investors.
Abnormal Returns
JUNE 17, 2023
Tesla Tesla's ($TSLA) great advantage comes from its charging network. (bloomberg.com) Tesla's ($TSLA) Autopilot has been involved in more crashes than previously reported. (washingtonpost.com) Autos The window is rapidly closing for EV startups to get a toehold in the market. (roadandtrack.com) Pawning off EVs to rental car customers is not doing anyone any favors.
Expert insights. Personalized for you.
351 
Let's personalize your content