The Big Picture

SEPTEMBER 22, 2023

The September Federal Reserve meeting is behind us we still have November and December ahead of us. Markets are nervous expecting another hike before years over before two cuts in 2024. My advice: ignore those expectations as they have been wildly inaccurate over the past few years; they have been mostly inaccurate over the past decade. When it comes to forecasting economic outcomes, the Fed is no better or worse than anybody else.

Economics 317

Economics Financial Market Marketing Marketing 317

The Reformed Broker

SEPTEMBER 22, 2023

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Jeremy Grantham, and Downtown Josh Brown discuss being the “Bubble Historian”, Inflation, Modern Valuations, the Four most Dangerous Words, Real Estate, Impact Investing, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

Valuation 306

Valuation Investing Investments Marketing 306

Abnormal Returns

SEPTEMBER 22, 2023

Rates Higher for longer, is the consensus. (wsj.com) Not surprisingly, 30-year mortgage rates are at 23-year highs. (mortgagenewsdaily.com) Who is buying Treasuries at these yields? (ft.com) Bond investors are being given an opportunity to lock in 2% real yields. (capitalspectator.com) Dumb Money There are no heroes in 'Dumb Money.' (morningstar.com) The so-called bad guys in 'Dumb Money' are stronger than ever.

Financial Advising 236

Financial Advising Startup Economy Media 236

Nerd's Eye View

SEPTEMBER 22, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Investment Adviser Association has petitioned the SEC to ask the regulator to change how it defines a small adviser from one with less than $25 million under management to a firm with 100 or fewer employees. The group argued that this change would help more small firms, which tend not to have the same staffing and resources compared to their larger counterparts, as the

Financial Planner 198

Financial Planner Clients Taxes Numbers 198

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.

Accounting

Abnormal Returns

SEPTEMBER 22, 2023

Podcasting Jim O'Shaughnessy talks the business of podcasting with Danny Miranda. (infiniteloopspodcast.com) Khe Hy talks with Johnny Miller about the attraction of listening to podcast on 2x. (podcasts.apple.com) Zeke Faux Joshua Brown and Michael Batnick talk with Zeke Faux author of "Number Go Up: Inside Crypto's Wild Rise and Staggering Fall." (youtube.com) Aaron Lammer, Max Linsky, and Evan Ratliff talk with Zeke Faux author of "Number Go Up: Inside Crypto's Wild Rise and Staggering Fall.

Financial Advice 207

Financial Advice Numbers Management Assets 207

Trade Brains

SEPTEMBER 22, 2023

Fundamental Analysis of Ujjivan Small Finance Bank : The concept of Small Finance Banks (SFB) was introduced in India in 2015. It was done with the aim of promoting financial inclusion for the unbanked and underbanked population. This population is situated generally in tier-3 & tier-4 areas. An SFBs main aim is to develop a market to promote a credit market to provide loans to MSMEs, among other lending services.

Banking 126

Banking Assets Accounting License 126

Discipline Funds

SEPTEMBER 22, 2023

T-Bills are an incredibly attractive option at this time. At 5.5% you’re getting high income, high principal stability and tax efficiency across very predictable short-term time horizons. These are the highest rates we’ve seen since the mid-2000s so it’s a welcome change from the 10 years of ZIRP (zero interest rate policy). In recent months I’ve heard the term “T-Bill and chill” more and more often.

Portfolio 123

Portfolio Assets Insurance Investing 123

Wealth Management

SEPTEMBER 22, 2023

With NIL deals becoming more and more prevalent, student-athletes need trusted guidance on what the opportunities are and ultimately what to do based on their unique situations.

Financial Planning 120

Financial Planning Planning 120

Trade Brains

SEPTEMBER 22, 2023

Top Indian Stocks Held By JP Morgan : JP Morgan Chase & Co. (JPM) is a financial holding corporation that, through its subsidiaries, provides solutions for consumer and commercial banking, investment banking, processing financial transactions, and asset management. Consumer companies include things like credit cards, small businesses, auto loans, student loans, and merchant services, to name a few.

Portfolio Analysis 116

Portfolio Analysis Portfolio Healthcare Banking 116

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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

A Wealth of Common Sense

SEPTEMBER 22, 2023

Kerala is a coastal state in India with a large fishing industry. Beginning in 1997, mobile phones were introduced to the region. By 2001 more than 60% of the fishers and traders were using phones to coordinate sales and set prices for the fish. Robert Jensen used data from this market in a research paper called The Digital Provide to show how the addition of more information impacted fish prices in the marketplace.

Sales 118

Sales Marketing Marketing 118

The Irrelevant Investor

SEPTEMBER 22, 2023

Five years ago, I wrote a blog post that would change the world of finance forever. I shared a chart that tried to visualize just how dominant the large stocks had gotten in the cap-weighted S&P 500. In July 2018, with every FAAMG stock hitting an all-time high, these five companies had a market capitalization that was equal to the bottom 282 names in the index.

Marketing 114

Marketing Marketing 114

Wealth Management

SEPTEMBER 22, 2023

Bisnow analyzed the rising trend of “dequity” placements—a mix between debt and equity—that some real estate investors are now using. W.P. Carey is moving forward with a two-part plan to exit the office sector. These are among the must reads from the real estate investment world at the end of the week.

Planning 114

Planning Investing Investments 114

Calculated Risk

SEPTEMBER 22, 2023

From WardsAuto: September U.S. Light-Vehicle Sales Heading for Strong Year-Over-Year Gain Despite Strike Impact (pay content). Brief excerpt: The possibility in September that other automakers will benefit much from buyers defecting from the Detroit 3 brands is negligible. The vehicles currently impacted by shutdowns either are products with high brand loyalty, in segments dominated by the three strike-impacted manufacturers or have plenty of inventory. emphasis added Click on graph for larger i

Sales 111

Sales Manufacturing Marketing Marketing 111

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

Wealth Management

SEPTEMBER 22, 2023

NFP grew its wealth and retirement business in Utah, R&R left Avantax for Commonwealth, tru Independence launched its 4th firm of 2023 and Johnson Financial, LPL and Kestra all made announcements this week.

Wealth Advisor 110

Wealth Advisor Retirement 110

Calculated Risk

SEPTEMBER 22, 2023

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 3 weeks ago for "now", since the most recent two weeks will be revised significantly. Recently hospitalizations have tripled from a low of 5,150 in June 2023. Hospitalizations are increasing, but far below the peak of 150,000 in January 2022.

Numbers 108

Numbers 108

Alpha Architect

SEPTEMBER 22, 2023

The higher returns to high R&D stocks represent compensation for heightened systematic risk not captured in standard asset pricing models. The Research and Development Factor was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

Assets 108

Assets Investing Investments 108

Advisor Perspectives

SEPTEMBER 22, 2023

The S&P 500 struggled for most of the week as the index posted its third consecutive weekly loss. The index is currently up 12.97% year to date and is 9.93% below its record close from January 3, 2022.

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104

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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

Integrity Financial Planning

SEPTEMBER 22, 2023

A crisp breeze bites the warm summer. Each remaining warm day is an invitation to bask in the season’s waning glow, a chance to relish the lingering warmth before autumn carries it away. Some may claim summer is defined by grand adventures and exotic vacations. But, truly, isn’t summer found in the simplest of moments? In the hum of cicadas as they serenade the sunset, the rustling of emerald leaves dancing to the rhythm of a balmy breeze, the scent of ripe peaches as they blush in t

Financial Planning 98

Financial Planning Planning Retirement Management 98

Wealth Management

SEPTEMBER 22, 2023

The investment management firm has been beefing up its staff to capitalize on an asset class with strong investor interest.

Investing 114

Investing Investments Assets Management 114

Advisor Perspectives

SEPTEMBER 22, 2023

The latest Underlying Inflation Gauge full data set for August is 3.0%, down 0.1% from last month, while the prices-only measure is 2.3%, unchanged from last month. Current Headline CPI is now 3.7% and Core CPI is 4.3%.

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Wealth Management

SEPTEMBER 22, 2023

The US commonwealth has become one of the world’s most attractive capital gains tax havens, and its residents don’t have much to show for it.

Taxes 107

Taxes 107

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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

Trade Brains

SEPTEMBER 22, 2023

Do elections have any impact on the stock market? Long story short, yes! Not only the elections but also the presentation of the budget, economic policies, the popularity of the leader, economic events and other factors, can send ripples through the stock market. Before the May 2014 election, the Sensex went up by 16.6% in a span of one year and by 8% in just one month before the election results, according to an Economic Times report.

Marketing 69

Marketing Marketing Government Economics 69

Wealth Management

SEPTEMBER 22, 2023

The SEC fined Goldman Sachs $6 million for sending inaccurate or incomplete trading data and Citadel $7 million for breaking short sales labeling rules and incorrectly marking millions of trade orders.

Sales 88

Sales 88

Advisor Perspectives

SEPTEMBER 22, 2023

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 September 8th, the index was at 7.010, down.007 from the previous week.

Economics 64

Economics Economy 64

Wealth Management

SEPTEMBER 22, 2023

Wherever there's change, there's also opportunity.

Taxes 124

Taxes 124

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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

Calculated Risk

SEPTEMBER 22, 2023

From Black Knight: Black Knight’s First Look: Mortgage Performance Remains Strong, but Slowing Improvement Suggests Delinquencies May Be Nearing Cycle Lows • At 3.17%, the U.S. delinquency rate improved by 4 basis points in August and is nearly a full percentage point below its 2015-2019 same-month average • However, steady slowing in the annual rate of improvement -- from -40% in early 2022 to -0.8% as of August – suggests delinquency rates may be nearing cycle lows • Serious delinquencies (90+

Numbers 63

Numbers Sales 63

Wealth Management

SEPTEMBER 22, 2023

Investing in such funds makes sense if you want more risk and illiquidity — and are willing to pay for it.

Portfolio 101

Portfolio Investing Investments 101

Trade Brains

SEPTEMBER 22, 2023

Arabian Petroleum IPO Review: Arabian Petroleum is coming up with its Initial Public Offering. This IPO will be open for subscription on September 25, 2023, and closes on September 27, 2023. This is an SME (Small and Medium-sized Enterprise) IPO, and the company is going to be listed on the NSE SME platform. In this article, we will look at the Arabian Petroleum IPO Review, analyze its strengths and weaknesses and see what unfolds.

Manufacturing 59

Manufacturing B2C B2B Distribution 59