Wed.Jul 13, 2022

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“a mild recession”

The Reformed Broker

Put this phrase in your vocabulary for the second half of the year because you are going to be hearing it everywhere: “a mild recession.” This is where the puck is going. All of Wall Street’s chief strategists and chief economists are going to be pivoting to this case if they haven’t already. The “soft landing” idea is going to fade away.

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The Risk of Deflation is now Greater than the Risk of Prolonged High Inflation

Pragmatic Capitalism

The most recent headline CPI came in at 9.1% so it might seem odd to think that the risk of disinflation and deflation is rising. But while the CPI is [ … ].

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Why Tax-Loss Harvesting During Down Markets Isn’t Always A Good Idea

Nerd's Eye View

During market downturns, tax-loss harvesting is often considered a ‘silver lining’ to an otherwise undesirable situation. In theory, the strategy allows investors to convert their capital losses into a tax deduction while staying invested so they can benefit when markets recover – ostensibly a win-win for the investor and, consequently, a popular strategy for advisors who are often eager to find ways to provide extra value to their clients in volatile markets.

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Wednesday links: the recession consensus

Abnormal Returns

Markets The Euro is trading at parity with the U.S. dollar. (nytimes.com) How much of an economic downturn is priced in already? (tker.co) Commodities Why long commodities are not a long-term strategic investment. (wapo.st) Don't kid yourself about gold. (allstarcharts.com) Finance The CFA Institute is facing pushback in this year's proxy vote. (institutionalinvestor.com) More signs that gambling and trading are converging.

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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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Clips From Today’s Closing Bell

The Reformed Broker

The stickiest thing is going to be fighting the wage-price spiral, says Ritholtz’s Josh Brown from CNBC. The post Clips From Today’s Closing Bell appeared first on The Reformed Broker.

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Midyear Outlook 2022 | Navigating Turbulence | July 12, 2022

James Hendries

Markets rarely give us clear skies, and there are always threats to watch for on the horizon, but the right preparation, context, and support can help us navigate anything that may lie ahead. So far, this year hasn’t seen a full-blown crisis like 2008–2009 or 2020, but the ride has been very bumpy. We may not be flying into a storm, but there’s been plenty of turbulence the first part of 2022.

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How to Invest in Digital Real Estate: Develop your brand

Good Financial Cents

If you have been wondering what it means to invest in digital real estate, you’ll have to start thinking in terms of our virtual world. In the rapidly evolving world of cyberspace, digital real estate is akin to a virtual parcel of land. Investing in digital real estate allows you to own a piece of cyberspace — a digital asset — that can be made available for sale, and to use that piece of real estate in any number of ways.

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Client Letter | Looking Forward | July 5, 2022

James Hendries

Dear Valued Investor, As the calendar has turned to July, investors would certainly like to forget the first six months of 2022. However, the Fourth of July Independence Day holiday does bring with it reason for celebration. Not only is it the 246th birthday of the United States of America, but July has historically been a pretty good month for stocks.

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Being a Great Advisor: Help Your Clients Stay Healthy

NAIFA Advisor Today

As an insurance advisor for individuals on Medicare, it is critical that you do everything in your power to give your clients access to care through a well-thought-out and comprehensive insurance package. You can help them stay healthy by utilizing Medicare’s preventive health benefits. It can be challenging for your clients to keep up with the preventive services they have received and when they are eligible for another service.

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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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Episode #428: Eric Balchunas, Bloomberg – Bogle is One of the Investing GOATs

Meb Faber Research

Episode #428: Eric Balchunas, Bloomberg – Bogle is One of the Investing GOATs Guest: Eric Balchunas is an analyst at Bloomberg Intelligence focused on exchange-traded funds. Date Recorded: 8/1/2022 | Run-Time: 1:08:35 Summary: In today’s episode, we’re talking about the legend John Bogle. Eric covers his early struggles […]. The post Episode #428: Eric Balchunas, Bloomberg – Bogle is One of the Investing GOATs appeared first on Meb Faber Research - Stock Market and Investing B

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Top Biotechnology Stocks in India – Industry Overview & Complete List

Trade Brains

Top Biotechnology stocks in India: Technology has evolved rapidly over the last few decades. This has revolutionized the way we live in our day-to-day lives. This has given rise to multiple new fields in commercial science. One of those fields is Biotechnology. It is one of the evolving fields which combines both science and technology. In this article, we will take a look at the top biotechnology stocks in India.

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Building a Business to Sell

Carson Wealth

By Brady Marlow, CFP ® , AEP ® , CAP ® , CPWA ® , CExP, Wealth Strategist. Many business owners are so consumed with growing their business that they have trouble planning for a successful exit. Not just how to eventually exit, but how to do it successfully. So how can you turn planning your exit into profitable, value-building action steps for your business?

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The 16 Best Business Ideas For Women

Clever Girl Finance

Let's talk about the best business ideas for women! It’s so important for our world to have women in business. After all, we’re half the population—that’s billions of women with unique ideas, skillsets, and visions for the future. Female business owners employ nearly 9 million people and generate 1.7 trillion dollars in sales per year. They help keep the economy running while improving their own lives and innovating new ways to make the world better.

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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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Global Portfolio Strategy | July 7, 2022

James Hendries

Key changes from June report: Lowered S&P 500 Index year-end fair value target from 4,800-4,900 to 4,300-4,400. Increased equity exposure in tactical asset allocation from 62% to 65%. Reduced low duration core bond allocation and increased allocation to small cap equities. The S&P 500 Index entered a bear market in June, falling more than 20% from its January 3 high.

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8 Ways to Stand Out on Social Media as a Financial Advisor

FMG

One of the top questions that we get is, “How can I promote myself as a financial advisor?” And we always tell them how important it is to share content and engage on social media. But with 3.96 billion people on social media , how can you stand out from the crowd? We’re sharing eight ways to stand out on social media and ultimately grow your business. 8 Ways to Stand Out on Social Media.

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Capital Efficiency Gone Berserk?

Random Roger's Retirement Planning

Ok, buckle up, this is interesting. Hat tip to Eric Balchunas for finding this ETF filing. I then found a related filing. The filings are under the name YieldMax. One filing is for 10 individual stock "option income" funds and 5 ETF "option income" funds. The basic strategy is not to own the underlying stock/ETF but to instead use options to create a synthetic position in the underlying stock/ETF with what if often called a risk reversal.