Abnormal Returns
MARCH 1, 2024
February 2024 A look at asset class performance for February 2024. (allstarcharts.com) Small cap stocks are still down on the year. (on.spdji.com) The momentum factor had a big month. (mrzepczynski.blogspot.com) Markets What's the biggest risk right now? (awealthofcommonsense.com) Stock market concentration is the norm. (acadian-asset.com) Crypto Bitcoin is now worth two Teslas ($TSLA).
Calculated Risk
MARCH 1, 2024
From the Census Bureau reported that overall construction spending increased: Construction spending during January 2024 was estimated at a seasonally adjusted annual rate of $2,102.4 billion, 0.2 percent below the revised December estimate of $2,105.8 billion. The January figure is 11.7 percent above the January 2023 estimate of $1,882.2 billion. emphasis added Private spending increased and public spending decreased: Spending on private construction was at a seasonally adjusted annual rate of $
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Abnormal Returns
MARCH 1, 2024
The biz Google Podcasts is going away. (wired.com) Finance Joe Weisenthal and Tracy Alloway talks multi-strategy hedge funds with Krishna Kumar, a portfolio manager at Goose Hollow Capital Management. (podcasts.apple.com) Patrick O'Shaughnessy talks with Ali Hamed, co-founder and partner at CoVenture. (joincolossus.com) Barry Ritholtz talks concentrated portfolios with Andrew Slimmon, managing director at Morgan Stanley Investment Management.
A Wealth of Common Sense
MARCH 1, 2024
A podcast listener asks: How do you both manage to produce podcasts every week, handle your jobs, write, read, and raise families without burning out? How do you maintain this balance? What strategies do you use to recharge yourselves? Personally, when I go on vacation, I completely disconnect from work, yet I’ve noticed you guys continue podcasting even during your vacations.
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.
Alpha Architect
MARCH 1, 2024
Be careful before acting on what is considered to be conventional wisdom. Make sure it’s supported by empirical evidence. In this case, the evidence makes clear that “cut your losses and let your profits run” should not be conventional wisdom. Cut Your Losses and Let Profits Run? was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Alpha Architect
MARCH 1, 2024
Full exposure to domestic equities. Full exposure to international equities. Partial exposure to REITs. No exposure to commodities. Partial exposure to intermediate-term bonds. DIY Trend-Following Allocations: March 2024 was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.
Wealth Management
MARCH 1, 2024
The combination of The Colony Group and GW & Wade in a $31.5 billion firm marks Focus’s second intra-partnership merger as part of its 'hub' strategy.
Calculated Risk
MARCH 1, 2024
Wards Auto released their estimate of light vehicle sales for January: U.S. Light-Vehicle Sales Bounce Back Nicely in February (pay site). Inventory control was behind part of the month’s gains, but February evened out Januarys’s softness, which included payback for December’s strong results. The combined December-February seasonally adjusted annual rate of 15.7 million units is more indicative of current demand, despite the gyrations of the past three months.
Wealth Management
MARCH 1, 2024
The SEC's Investor Advocacy Clinic Summit comes as the number of pro bono law clinics for small clients has shrunk and federal funding dried up.
Advertisement
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.
Meb Faber Research
MARCH 1, 2024
Guest: Whitney Baker is the founder of Totem Macro, leveraging extensive prior buyside experience to create unique research insights for an exclusive client-base of some of the world’s preeminent investors. Previously, Whitney worked for Bridgewater Associates as Head of Emerging Markets and for Soros Fund Management, co-managing an internal allocation with a dual Global Macro […] The post Episode #523: Whitney Baker on The Death of (Upside) American Exceptionalism appeared first on Meb Fa
Wealth Management
MARCH 1, 2024
A report from insurance broker Golsan Scruggs shows large increases in claims involving both the suitability standard and wire fraud in 2023.
Calculated Risk
MARCH 1, 2024
From BofA: This week, we align our 1Q GDP tracking with to our official forecast of 2.5% q/q saar. We still expect consumption growth to slow due to the negative impact from seasonal factors and extreme weather in January. But we have made upward revisions to the non-conconsumer sectors of the economy. [Mar 1st estimate] emphasis added From Goldman: We lowered our Q1 GDP tracking estimate by 0.2pp to +2.2% (qoq ar) and our Q1 domestic final sales forecast by 0.1pp to +2.5% (qoq ar), mainly refle
Wealth Management
MARCH 1, 2024
Ruth Gottesman’s landmark donation to donate $1 billion to the Albert Einstein College of Medicine receives praise for her no frills approach to giving.
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.
Calculated Risk
MARCH 1, 2024
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Due to changes at the CDC, weekly cases are no longer updated. For deaths, I'm currently using 4 weeks ago for "now", since the most recent three weeks will be revised significantly. Hospitalizations are almost triple the low of 5,386 in June 2023, however, they have declined significantly from the winter high of 30,013 earlier this year.
Wealth Management
MARCH 1, 2024
Thomas Moore, the head of Betterment for Advisors, details how new custodians and increased competition are reshaping wealth management.
Advisor Perspectives
MARCH 1, 2024
Consumer sentiment moved sideways in February according to the final report for the Michigan Consumer Sentiment Index. The index fell 2.1 points (2.7%) to 76.9 from the January final. The latest reading was below the forecast of 79.6.
Wealth Management
MARCH 1, 2024
Sixty-one million people in the U.S. live with a disability; intergenerational planning for this population is critical.
Advertisement
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.
Advisor Perspectives
MARCH 1, 2024
The weekly leading economic index (WLEI) is a composite for the U.S economy that draws from over 20 time-series and groups them into the following six broad categories which are then used to construct an equally weighted average. As of February 16th, the index was at 15.819, down 2.184 from the previous week, with 5 of the 6 components in expansion territory.
Wealth Management
MARCH 1, 2024
Debunking common misconceptions regarding planning with families with special needs.
Advisor Perspectives
MARCH 1, 2024
The Institute for Supply Management (ISM) manufacturing purchasing managers index (PMI) fell to 47.8 in February from 49.1 in January. The latest figure marks the 16th consecutive month the index has been in contraction territory after a 29-month period of growth dating back to June 2020. The February reading was below the forecast of 49.5.
NAIFA Advisor Today
MARCH 1, 2024
Demetrius Bryant is an insurance agent helping individuals safeguard their income against unforeseen expenses. He runs a multi-line insurance business that has been a NAIFA member since 2011. Through his company, Demetrius offers comprehensive insurance services, including automobile, home, life, and business policies. He believes that protecting one's financial interests is fundamental to improving the overall quality of life.
Advertisement
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!
Advisor Perspectives
MARCH 1, 2024
The February S&P Global US Manufacturing PMI™ rose to 52.2 from 50.7 in January, signaling the strongest improvement in operating conditions since July 2022. The latest reading was higher than the forecasted reading of 51.5.
Investing Caffeine
MARCH 1, 2024
The AI Wave The weather may be cold during winter, but stocks were scorching hot last month, fueled in part by the surge in performance from AI (Artificial Intelligence) stocks. More specifically, the Dow Jones Industrial Average was up +2.2% to 38,996. The S&P 500 surged +5.2% to 5,096. And the AI-heavy Nasdaq index climbed the most by +6.1% to 16,092.
Advisor Perspectives
MARCH 1, 2024
As of February 29, 2024, the 10-year note was 373 basis points above its historic closing low of 0.52% reached on August 4, 2020.
Random Roger's Retirement Planning
MARCH 1, 2024
Today we have some market opinions and data that serve as good follow ups to our discussion this week about duration and volatility. PIMCO is warning that our excessive debt loads could take the treasury market back to where it was in the 1980's in terms of very high yields like 8, 10 or 12%. We talked yesterday about whether intermediate treasury yields might ever get to 6 or 7%.
Advertisement
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.
Advisor Perspectives
MARCH 1, 2024
The S&P 500 finished the week up 1.0%, notching another new record close. The index is currently up 8.31% year to date and has set a new record closing high 15 times so far this year.
Sara Grillo
MARCH 1, 2024
In this blog I’m going to teach you how to name your financial advisor firm so you can make people’s heads turn and make them pay attention to you! Question from a subscriber: “I want to rename my firm but I can’t think of anything interesting. Help me!” Yup. It’s suuuuppper overwhelming to have to think of a name for a company, a newsletter, a new product, etc.
Advisor Perspectives
MARCH 1, 2024
Federal Reserve Bank of New York President John Williams said he doesn’t see a need for officials to tighten policy further and reiterated that he expects the central bank to cut rates later this year.
Expert insights. Personalized for you.
215 
Let's personalize your content