Abnormal Returns

AUGUST 20, 2023

Strategy How to think about the bond sleeve of your portfolio. (fortunesandfrictions.com) The rise in interest rates is taking its toll on muni bond closed-end funds. (wealthmanagement.com) Finance Higher real yields are going to impact all manner of sectors. (mrzepczynski.blogspot.com) There's no insurance without reinsurance. (nytimes.com) Policy Kyla Scanlon, "Money can do a lot of things, but the laws of physics and biology supersede the almighty Dollar.

Financial Advising 245

Financial Advising Insurance Media Retirement 245

Calculated Risk

AUGUST 20, 2023

Weekend: • Schedule for Week of August 20, 2023 Monday: • No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 3 and DOW futures are up 15 (fair value). Oil prices were down over the last week with WTI futures at $81.25 per barrel and Brent at $84.80 per barrel. A year ago, WTI was at $94, and Brent was at $96 - so WTI oil prices are down about 13% year-over-year.

Economics 130

Economics Marketing Marketing 130

Abnormal Returns

AUGUST 20, 2023

Top clicks this week How to invest if you have a really long time horizon. (klementoninvesting.substack.com) Rising bond yields continue to boost future returns. (awealthofcommonsense.com) If Fed funds top out at 5.5%, what does that mean for the bond market? (disciplinefunds.com) Don't confuse cash and bonds. (monevator.com) Should investors actually care about stock market valuations?

Valuation 244

Valuation Investments Investing Marketing 244

Calculated Risk

AUGUST 20, 2023

The BLS reported on August 10th: The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 2.6 percent over the last 12 months to an index level of 299.899 (1982-84=100). For the month, the index increased 0.2 percent prior to seasonal adjustment. CPI-W is the index that is used to calculate the Cost-Of-Living Adjustments (COLA).

130

130

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

Clients

A Wealth of Common Sense

AUGUST 20, 2023

The rise in interest rates has led to a slaughter in long-term U.S. Treasuries. Even when we include the income earned on the bonds (which hasn’t been much in recent years), TLT is in the midst of a 40%+ drawdown: Losses of this magnitude can erase years and years of gains. We’re now closing in on a lost decade for long-term bonds. These are the total returns over the past 9 years: This is a new phenomenon i.

Marketing 98

Marketing Marketing 98

Trade Brains

AUGUST 20, 2023

Fundamental Analysis of Balkrishna Industries: MRF share has reached dizzying heights crossing the Rs 1,00,000 mark making it difficult for retail investors to include it in their diversified portfolios. But did you know, the stock of Balkrishna Industries (another leading Indian tyre manufacturer) sells for Rs 2,500 only? And the company is as big as MRF.

Planning 98

Planning Manufacturing Sales Accounting 98

Million Dollar Round Table (MDRT)

AUGUST 20, 2023

By Tony Gordon What took me to Top of the Table was a chance encounter on a bus on the first day of my first MDRT Annual Meeting. When I got on the bus, I felt like a big shot because I made it to the Round Table. To qualify for MDRT, I increased my production by setting daily goals. That worked well — my production, which had been more or less constant for eight years, doubled.

98

98

The Irrelevant Investor

AUGUST 20, 2023

Today’s Animal Spirits is brought to you by Halo Investing: See here for more information on investing with Halo. We had Matt Radgowski, CEO of Halo Investing to discuss an update on structured products. On today’s show, we discuss: Why structured products are more popular internationally Investment trends and structured products Customizing your own assets How advisors are utilizing structured notes in 2023 What go.

Assets 69

Assets Investments Investing 69

Advisor Perspectives

AUGUST 20, 2023

While some economists may argue that secular stagnation is to blame for China’s economic slowdown, concerns about sustained slower growth are overblown. If the country falls into a recession, it would constitute the next turn of the debt supercycle that began in the US in 2008 and moved to Europe in 2010.

Economics 52

Economics 52

The Big Picture

AUGUST 20, 2023

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • The Ghost Fleet Helping Russia Evade Sanctions and Pursue Its War in Ukraine : Turkish companies have bought dozens of tankers that ship Russian oil. ( Wall Street Journal ) • SPACs – The Implosion Continues. And… Where’s the SEC? It reached the point that there were more companies than acquisition targets.

Numbers 130

Numbers Economics Investments Investing 130

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

AUGUST 20, 2023

We expect inflation and rates to remain higher than the last decade. We favor tech within growth and cyclicals within value.

40

40

Advisor Perspectives

AUGUST 20, 2023

Progress toward a sustainable world would be hamstrung without the backing of global banks and their sponsorship of green and sustainable bonds.

Banking 40

Banking 40

Advisor Perspectives

AUGUST 20, 2023

This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. We’ve also included XRP, as it was one of the largest cryptocurrencies when this article began.

Marketing 40

Marketing Marketing 40

Advisor Perspectives

AUGUST 20, 2023

We are now a few years past the onset of the COVID pandemic, and we've had a chance to think about some of its changes in the wealth management business. Even if we wish certain things hadn't changed, we must acknowledge that they have – and adapt accordingly.

Wealth Management 40

Wealth Management Management 40

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