The Big Picture

OCTOBER 9, 2022

It was one of those minor stories that seemed to have taken on a life of its own: The New York Times 1 reported last week about an adjunct Organic Chemistry professor at NYU who was fired after students complained his tests were too hard. I would have missed it, but for J.V Last discussing it at The Bulwark. 2. Both discussions touched on what a gut course org chem is; how many aspiring doctors see their career hopes dashed by the class.

Medical 330

Medical Education Numbers Healthcare 330

Abnormal Returns

OCTOBER 9, 2022

Top clicks this week Three reasons why international stocks have been such a big disappointment. (morningstar.com) Why selling after a 25% decline has historically been a bad idea. (theirrelevantinvestor.com) For those people investing regularly, your money is going to do more work for you. (theirrelevantinvestor.com) Every bear market is different.

Retirement 162

Retirement Investing Investments Marketing 162

Calculated Risk

OCTOBER 9, 2022

On Friday, Fortune’s Lance Lambert and I discussed the US housing market. Click here for audio One of the key topics was household formation. Here is an excellent summary article by Katie McKellar at desert.com: The most ‘underreported’ factor influencing housing market, according to Calculated Risk Bill McBride, author of the economics blog Calculated Risk, said there’s a key reason why both rent and home price growth is slowing amid the U.S. housing correction playing out today.

Economics 104

Economics Marketing Marketing 104

Abnormal Returns

OCTOBER 9, 2022

Markets Sam Ro, "None of Wall Street’s most prominent stock market strategists saw this year’s sell-off coming." (tker.co) Bull and bear markets don't always line up with earnings. (awealthofcommonsense.com) Investing means living with drawdowns. (compoundadvisors.com) Strategy Why it's so hard to quit a stock that isn't working. (wsj.com) Tesla ($TSLA) is an example why it's so hard to pick stocks.

Financial Advising 130

Financial Advising Media Insurance Government 130

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Accounting

Calculated Risk

OCTOBER 9, 2022

From Manheim Consulting on Friday: Wholesale Used-Vehicle Prices See Large Decline Again in September Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 3.0% in September from August. The Manheim Used Vehicle Value Index declined to 204.5 and is now down 0.1% from a year ago. The non-adjusted price change in September was a decline of 2.1% compared to August, moving the unadjusted average price down 2.3% year over year. emphasis added Click on graph for la

Consulting 98

Consulting Sales 98

Million Dollar Round Table (MDRT)

OCTOBER 9, 2022

By Jaslyn Ng Up until recently, I didn’t consider myself particularly social media savvy. After all, five years ago I didn’t even have an Instagram account. So, I never thought it was possible that I’d be considered a digital financial advisor. Yet, I’ve made great strides in this area. I don’t produce YouTube videos or TikTok content, but I do a few key things that anyone can do.

Media 87

Media Ethics Recruitment Marketing 87

The Irrelevant Investor

OCTOBER 9, 2022

Articles It seems that these days, someone, somewhere is on the end of a major margin call. (By Marc Rubinstein) Too much economic liberation (By Josh Brown) The U.S. dollar is the first domino. (By Kyla Scanlon) Buying stocks when they’re down big like this tends to offer positive outcomes (By Ben Carlson) I’m all in on income-producing assets and the memories they will help me create (By Nick Maggiulli) It’s neve.

Economics 83

Economics Assets 83

A Wealth of Common Sense

OCTOBER 9, 2022

We humans have an insatiable desire to predict the future. This desire gets even worse during bad times. I have opinions just like everyone else but I truly don’t know how the current economic mess is going to shake out. I do have some questions though: How long will good news be bad news for stocks? Most days in the stock market are random in terms of why it’s higher or lower.

Economy 78

Economy Economics Marketing Marketing 78

The Irrelevant Investor

OCTOBER 9, 2022

Today’s Talk Your Book is presented by CION Investments: On today’s show, we spoke with Michael Reisner, Co-CEO of CION Investments to discuss investing in private credit in today’s market environment. On today’s show we discuss: CION investment strategy The fund structure that allows CION to be publically traded Why CIONs yield is so high, and what the discount to NAV means Who invests in CION What.

Investing 74

Investing Investments Marketing Marketing 74

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Banking

Random Roger's Retirement Planning

OCTOBER 9, 2022

Adam Butler Tweeted the following The green line is essentially the 75/50 idea we first looked at years ago, before the Financial Crisis believe it or not. The idea is attributed to John Serrepere who I knew when I worked on the Schwab Institutional Equity desk in the mid-90's and John was a customer of the desk. He popped up ten or so years later writing occasionally at the old Index Universe website which later became ETF.com. 75/50 targets 75% of the upside and 50% of the downside.

Portfolio 70

Portfolio Math Clients Management 70

Calculated Risk

OCTOBER 9, 2022

Weekend: • Schedule for Week of October 9, 2022 Monday: • Columbus Day Holiday : Banks will be closed in observance of Columbus Day. The stock market will be open. No economic releases are scheduled. • At 1:35 PM ET, Speech, Fed Vice Chair Lael Brainard , Restoring Price Stability in an Uncertain Economic Environment , At the National Association for Business Economics (NABE) Annual Meeting, Chicago, Ill.

Economics 52

Economics Banking Marketing Marketing 52

Trade Brains

OCTOBER 9, 2022

Tracxn Technologies IPO Review: Tracxn Technologies Limited Ltd is coming up with its Initial Public Offering. The IPO will open for subscription on October 10th, 2022, and close on October 12th, 2022. It is looking to raise Rs. 309.38 Crores. In this article, we will look at the Tracxn Technologies IPO Review 2022 and analyze its strengths and weaknesses.

B2B 52

B2B Numbers Marketing Marketing 52

Integrity Financial Planning

OCTOBER 9, 2022

You may think that as a high-net-worth individual, or even a millionaire next door, you may have an easy road ahead in maintaining your wealth. But a greater amount of wealth to protect introduces unique challenges that are specific to the size of what they have to protect. Although many investing and wealth-preservation principles apply to anyone – such as developing a tax plan, assessing a portfolio’s risk exposure, and more – there are key risks to be aware of when you have more money and mor

Tax Planning 95

Tax Planning Financial Advisor Taxes Wealth Management 95

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

The Big Picture

OCTOBER 9, 2022

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • Millions in Cryptocurrency Vanished as Agents Watched Helplessly : Feds locked up a storage device full of ill-gotten tokens. Then someone started stealing the loot. ( Bloomberg ). • What happened while Ron DeSantis was fighting the culture wars : Florida Governor Ron DeSantis (R) has had a busy year.

Insurance 164

Insurance Government Accounting Numbers 164