Tue.Nov 22, 2022

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Bitcoin Hits a New 52-Week Low, Where to From Here?

Mish Talk

Bitcoin daily chart courtesy of StockCharts.Com. I have been making notes, some of them incorrectly. Apologies offered. Generational Bottoms Bitcoin is Life Hoot of the Day (From May 2022). Hmm 6 months is up. On May 8, Bitcoin was $34,000. It's now under $16,000. That's OK because 6 months doesn't matter and $1BTC is still $1BTC. Bitcoin Log Chart.

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#FA Success Ep 308: Accelerating Growth From Referrals By Building Checklists For Every Meeting Detail, With Matthew Blocki

Nerd's Eye View

Welcome back to the 308th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Matthew Blocki. Matthew is the CEO of Equilibrium Wealth Advisors, an independent RIA based in Pittsburgh, Pennsylvania, that oversees more than $275 million in assets under management for 330 client households. What's unique about Matthew, though, is how he and his firm have implemented pre-meeting, during-meeting, and post-meeting checklists to create more efficient processes that not on

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Under Pressure From the US, EU Agrees to Cap the Price of Russian Oil

Mish Talk

Image from Tweet Below. Bickering Over the Cap The EU agreed to scrap its plan to not insure tankers carrying Russian oil in favor of a Biden-sponsored plan to cap the price of oil. The insurance scheme was absurd. Russia would have exported oil in tankers not insured. The only loser would be Western insurance companies. Today, the US and EU are bickering over where the cap is set.

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Transcript: Marcus Shaw

The Big Picture

The transcript from this week’s, MiB: Marcus Shaw, CEO of AltFinance , is below. You can stream and download our full conversation, including the podcast extras on iTunes , Spotify , Stitcher , Google , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~. ANNOUNCER: This is Masters in Business with Barry Ritholtz on Bloomberg Radio.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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People hate inflation, but unemployment is worse

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ?Bob Iger is Back – Wall Street celebrates Igers return as Disney gains $12B in market cap overnight. ?Tesla 50% Drawdown – “Tesla Is Stock Market’s Biggest Laggard” ?

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More Trending

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Clips From Today’s Halftime Report

The Reformed Broker

Final Trades: Halliburton, Restaurant Brands, Kinder Morgan & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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It’s Now Clear That QE Was a Colossal Policy Mistake

Advisor Perspectives

The great quantitative easing experiment was a mistake. It's time central banks acknowledge it for the failure it was and retire it from their policy arsenal as soon as they’re able.

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Lawler: Likely "Dramatic shift" in Household Formation has "Major implications" for 2023

Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: Lawler: Likely "Dramatic shift" in Household Formation has "Major implications" for 2023 A brief excerpt: Below is a chart showing the CPS/ASEC estimates of the % of 25-34 year olds living alone. According to CPS/ASEC estimates, the % of adults (18+) living alone jumped to 14.9% in March 2022 from 14.4% in March 2021, and the % of households with just one member climbed to 28.9% from 28.2%.

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Animal Spirits: A Confusing Year

The Irrelevant Investor

Today’s Animal Spirits is brought to you by YCharts: Enter your information here to claim a FREE YCharts Professional account through December 16th, 2022 (first 100 submissions) On today’s show we discuss: The S&P 500 is not the economy Why hasn’t the crypto contagion spilled into the stock market? Atlanta Fed GDP estimate The auto industry is the economy’s best hope right now How long until ex.

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.

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November Vehicle Sales Forecast: Down slightly from October; Up 11% Year-over-year

Calculated Risk

From WardsAuto: November U.S. Light-Vehicle Sales to Slow from Prior Month; Still Point to Stronger Q4 (pay content). Brief excerpt: Although heavily laden with pickups, inventory will rise again in November, lifting the prospects that the year ends on a strong note by overcoming challenges including myriad economy-related headwinds, high prices, potential railroad labor strike and others.

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Financial Advisors, What’s Your First Impression Like?

Wealth Management

Use all five of your senses when analyzing what you're putting out there for potential clients to see for the first time.

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It Might Take a Recession to Slow Down the Consumer

A Wealth of Common Sense

Sometimes life would be easier if everyone was more like Keanu Reeves: But other times you just can’t help yourself: I’m choosing door #2 today. Sorry, Keanu. I’ve seen some variation of this chart making the rounds for a few weeks now: At face value, it looks scary and even obvious. During the pandemic, the personal savings rate skyrocketed while credit card debt plummeted.

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RIA Edge Podcast: Brandon Odell on the State of Advisor Compensation, Staffing

Wealth Management

The Ensemble Practice's Brandon Odell discusses the evolution of staffing and compensation in the RIA industry—and how the most successful firms are winning the war for talent.

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Banking on Loyalty: Holistic Financial Advice for Unparalleled Business Growth

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.

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3 steps to winning the endurance game

Million Dollar Round Table (MDRT)

By Johan Fanggara, CFP After competing in endurance sports — including five marathons, two Ironman races and several triathlons — I realized the financial services profession is not a sprint; it’s a marathon. Therefore, having the right mindset is crucial to building something sustainable. To most people, marathons seem like an impossible distance to conquer.

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Loans and Hardship Withdrawals From 401(k)s Are Rising

Wealth Management

A new study finds more Americans tapping their retirement accounts early with the economy on shaky ground.

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Are You In A Financially Abusive Relationship? Key Actions To Take

Clever Girl Finance

Learning the signs of financial abuse and how to safely leave a financially abusive relationship is incredibly important. When people think of abuse in a relationship, physical abuse is usually what comes to mind. However, financial abuse is a form of domestic violence that can in turn lead to intimate partner violence (IPV). In fact, according to data from the CDC , the physical and mental trauma that IPV causes victims (affecting 1 in 3 women), an abusive relationship costs a woman around $100

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Wealthies Circle Podcast: Bringing the Sexy Back to the Back Office

Wealth Management

Listen in and learn from these experts on how you can streamline your infrastructure for fast growth with the latest enhancements in workflow technology.

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Transforming Lending: Understanding the Power of Digital Platforms

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.

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100 Day Challenge Ideas: 11 Ideas To Reach Your Goals

Clever Girl Finance

Let's face it— staying focused on our goals isn't always easy. And it may seem like the picture-perfect start to new beginnings is just around the corner, so we put off our goals for another day. But the best time to get started on your goals is right now - and 100 day challenge ideas are a good way to motivate yourself to get going! If you've got big financial goals, then we've got some great 100 day challenge ideas to help you achieve them.

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Eight Must Reads for the CRE Industry Today (November 23, 2022)

Wealth Management

U.S. apartment renters are having a harder time making rent, reports GlobeSt.com. D Magazine profiles commercial real estate veteran Diane Butler. These are among today’s must reads from around the commercial real estate industry.

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Richmond Fed Manufacturing Softens in November

Advisor Perspectives

Fifth District manufacturing declined in November, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index is at -9 in November, up 1 from October.

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Advisor Self Reflection Is Key to Understanding Money Biases

eMoney Advisor

As a financial professional, how comfortable are you with being on the receiving end of financial advice? How comfortable would you be taking financial advice from another financial planner? These questions are fundamental to understanding how your clients may feel when they decide to engage in a financial advice relationship. As someone whose job it is to help others on their financial journey, it’s important that financial professionals understand their own financial socialization, money

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Quick Start Guide to a Crystal Clear Close

Did you know automating your month-end close can save up to 40% of the time typically spent on manual reconciliations? CFOs and controllers are leveraging SkyStem's workflow management and reconciliation tool to eliminate costly mistakes, ditch manual reconciliations and close faster. Want to know how they do it? Download our Quick Start Guide to a Crystal Clear Close!

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Five Tips to Convert Procrastinators

Advisor Perspectives

Rather than let procrastinators ruin your day and invoke unhealthy emotions, overcome your clients’ and prospects' reluctance to move ahead using the skills and techniques I mentioned to win over that last 10%.

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Putting cyber risk into business perspective

Norman Marks

I am in the process of writing a new book. It is intended as guidance for senior management and board members on decision-making when it comes to cyber risk. I see a gap in their understanding of the level of business risk, and that creates problems when it comes to deciding how much of their […].

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Wednesday: Unemployment Claims, Durable Goods, New Home Sales, FOMC Minutes

Calculated Risk

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday: • At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for 225 thousand initial claims, up from 222 thousand last week. • At 8:30 AM, Durable Goods Orders for October from the Census Bureau.

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Fundamental Analysis of IHCL – Financials, Future Plans & More

Trade Brains

Fundamental Analysis of IHCL: The Taj Mahal Palace Hotel, Mumbai was India’s first five-star hotel with modern elevators and Russian carpets. It has stood there through the pre and post-independence period, and Mumbai 2008 terror attacks. The iconic building has been a symbol of India’s strength, resilience, and prosperity. Did you know that it is owned by the Tatas?

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The Blueprint for a Customer-Centric Digital Lending Experience

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.

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How to Transform Your Client’s Relationship to Money with Lynne Twist

Steve Sanduski

In a Nutshell: If you want to help your clients achieve their most fulfilling financial outcomes, you need to help them transform their relationships with money. Align your planning process to your clients’ core values and folks won’t just earn more, they’ll do more with their money to make a positive impact in the world. Guest: Lynne Twist, a recognized global visionary committed to alleviating poverty, ending world hunger, and supporting social justice and environmental sust

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How To Establish A Daily Gratitude List Routine

Clever Girl Finance

Most of us know that it’s important to count our blessings. But not many of us take the time to be thankful for all the great things in our life every day. One way to make gratitude a part of your life is to establish a daily gratitude list routine. If you need a great way to remember your blessings every day, then a daily gratitude list might be the perfect fit.

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NYC’s Fifth Avenue Named World’s Most Expensive Shopping Area

Wealth Management

Space on Upper Fifth Avenue, between 49th and 60th streets, garners some of the highest average rents, according to a report by Cushman & Wakefield Plc. The area’s resilience during the pandemic downturn, coupled with the strength of the US dollar, helped the corridor bounce to the top of a list of shopping districts across the world.

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