The Big Picture

DECEMBER 30, 2022

Source: QAD Blog. A perfect way to end the 2022 annus horriblis is to remind readers that not just individual stocks, but entire sectors fall in and out of favor. It iss extremely challenging to select the right sector at the right time (and for the right reasons). Almost nobody does this well consistently over time. Here is QAD from 2019: In business, change is inevitable , and those that fail to adapt and innovate are often doomed to failure.

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Economy Management Investing Investments 297

Nerd's Eye View

DECEMBER 30, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the passage of “SECURE Act 2.0” has brought a wide range of changes to the world of retirement planning. And given the variety of planning opportunities created by the legislation – from the raising of the beginning age for RMDs to the ability to transfer funds from 529 plans to Roth IRAs – advisors have a significant opportunity t

Financial Planner 204

Financial Planner Retirement Planning Clients Planning 204

Abnormal Returns

DECEMBER 30, 2022

Markets A great reminder that S&P 500 industries go in and out of fashion. (ritholtz.com) Leveraged, long Bitcoin was not a good strategy in 2022. (bloomberg.com) Airlines Southwest Airlines ($LUV) seems to be back on track. (finance.yahoo.com) Fliers and front line workers bear the brunt of airline chaos. (nytimes.com) Food The price of cultivated meat is rapidly coming down.

Financial Advising 170

Financial Advising Food Management Marketing 170

Calculated Risk

DECEMBER 30, 2022

Realtor.com has monthly and weekly data on the existing home market. For the week ending December 24th, active inventory was up 63.1% year-over-year (YoY), up from 58.1% YoY last week. New listings were down 5.7% YoY , the smallest YoY decrease since July. This small YoY decrease in new listings might be related to the holidays. Here is a graph of the year-over-year change in inventory according to realtor.com.

Marketing 142

Marketing Marketing 142

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Accounting

Abnormal Returns

DECEMBER 30, 2022

The biz Where the podcast advertising market sits going into 2023. (theverge.com) The best fake podcasts of 2022 including 'Only Murders in the Building.' (vulture.com) Finance Barry Ritholtz talks with Charlie Ellis about his new book "Inside Vanguard: Leadership Secrets From the Company That Continues to Rewrite the Rules of the Investing Business.

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Advertising Startup Investing Investments 130

A Wealth of Common Sense

DECEMBER 30, 2022

I’ve been getting a lot of pundit outlook pieces for 2023 in my inbox these past few weeks. The onset of a new year is a time for making lists of predictions, surprises and black swan possibilities. There are few sure things when it comes to the markets so I don’t put a lot of stock into predictions. You could say the stock market will open at 9:30 am est and close at 4 pm est during regular market hours but t.

Marketing 116

Marketing Marketing 116

Calculated Risk

DECEMBER 30, 2022

Today, in the Real Estate Newsletter: Question #10 for 2023: Will inventory increase further in 2023? Brief excerpt: Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2023. Some of these questions concern real estate (inventory, house prices, housing starts, new home sales), and I’ll post thoughts on those in the newsletter (others like GDP and employment will be on my blog).

Economics 104

Economics Sales Marketing Marketing 104

Advisor Perspectives

DECEMBER 30, 2022

Valid until the market close on January 31, 2023. The S&P 500 closed December with a monthly loss of 5.9% after a gain of 5.4% in November. At this point, after close on the last day of the month, four of five S&P 500 strategies are signaling "cash" — iShares Barclays 7-10 Year Treasury (IEF), Vanguard REIT Index ETF (VNQ), Vanguard Total Stock Market ETF (VTI), and Invesco DB Commodity Index Tracking (DBC) — down from from last month's quintuple "cash" signal.

Marketing 97

Marketing Marketing 97

Alpha Architect

DECEMBER 30, 2022

The past decade has seen a dramatic growth in sustainable investing—applying environmental, social and governance (ESG) criteria to investment strategies. Investments considered environmentally friendly are often referred to as “green,” while “brown” denotes the opposite. Important questions for investors are: What are the expected returns to green stocks?

Government 84

Government Economics Investing Investments 84

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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

The Better Letter

DECEMBER 30, 2022

In 1933, factory worker-turned-vaudevillian-turned racer Erwin George “Cannonball” Baker, later commissioner of NASCAR, drove from New York to Los Angeles by car in a supercharged Graham-Paige Blue Streak in 53.5 hours and, in the process, created a record that stood for nearly 40 years and inspired the “ Cannonball Baker Sea-To-Shining-Sea Memorial Trophy Dash ,” better known as the “ The Cannonball Run.” The unsanctioned race traditionally starts from New Yo

Planning 79

Planning Communication Investing Investments 79

Advisor Perspectives

DECEMBER 30, 2022

More tech tantrums. China’s Covid surge. And above all, no central banks riding to the rescue if things go wrong.

Banking 98

Banking 98

Validea

DECEMBER 30, 2022

In this episode, we speak with Jeff Muhlenkamp. Jeff is the manager of the Muhlenkamp Fund, which has managed client money for over three decades. We discuss his approach to finding undervalued securities and the portfolio management process he uses to manage the fund. We also cover the fund’s unique approach to raising cash based on market conditions, the biggest lessons he learned from his father Ron, who originally founded the firm, and how his military training has helped him in the in

Investing 72

Investing Investments Portfolio Management Management 72

Advisor Perspectives

DECEMBER 30, 2022

Despite the rally on Thursday, the S&P 500 is down 25 basis points from yesterday and is down 19.4% YTD. The index is about 20% below its record close - so really in bear territory. Will we see a Santa Rally in the first two weeks of 2023?

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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

DECEMBER 30, 2022

Wednesday, February 01, 2023 | 2:00 PM Eastern Standard Time

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Advisor Perspectives

DECEMBER 30, 2022

Wealthy retirees seem to have scored big in Congress’ sweeping year-end spending package.

Retirement 96

Retirement 96

Validea

DECEMBER 30, 2022

As interest rates have crept up, they’ve begun to highlight which businesses can be sustained for the long run and which ones are built on cheap money. That separation will become even starker in 2023, contends an article in Bloomberg. Quick Links Validea Special Discount Offer Top Value Stocks in Today’s Market Choose from 20+ Actionable Model Portfolios – View Portfolios.

Pharmaceutical 59

Pharmaceutical Portfolio Economy Investing 59

Advisor Perspectives

DECEMBER 30, 2022

Savvy investors seized tightening credit markets this year to reshape the distressed investing playing field just as more companies look destined for default in 2023.

Investing 59

Investing Investments Marketing Marketing 59

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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

Validea

DECEMBER 30, 2022

While the S&P 500 has fallen over 15% this year, shares of Warren Buffett’s conglomerate Berkshire Hathaway are up roughly 5.5% for the year, fueled by its large stake in energy companies Chevron and Occidental, reports an article in CNN. Oil stocks skyrocketed this year as a result of elevated crude prices in the wake of Russia’s invasion of Ukraine, and Occidental’s shares have more than doubled, making it the top winner in the S&P 500.

Marketing 59

Marketing Marketing Banking Portfolio 59

Calculated Risk

DECEMBER 30, 2022

On COVID (focus on hospitalizations and deaths). Data is now weekly. Weekly deaths bottomed in July 2021 at 1,666. COVID Metrics Now Week Ago Goal New Cases per Week 2 402,525 486,627 ≤35,000 1 Hospitalized 2 ? 34,116 33,788 ≤3,000 1 Deaths per Week 2 2,530 2,932 ≤350 1 1 my goals to stop weekly posts, 2 Weekly for Cases, Currently Hospitalized, and Deaths ?

Numbers 52

Numbers 52

Validea

DECEMBER 30, 2022

Wall Street analysts were fairly accurate in their predictions of S&P 500 companies’ 2022 corporate earnings but missed this year’s bear market completely, contends an article in The Wall Street Journal. Strategists for Goldman Sachs, JPMorgan Chase, and Citigroup forecast earnings within $1, the narrowest estimate since 1995, according to data from Refinitiv IBES cited in the article.

Marketing 59

Marketing Marketing Banking Portfolio 59

Advisor Perspectives

DECEMBER 30, 2022

George Milling-Stanley of State Street Global Advisors provides his outlook for gold in 2023, as well as the specific headwinds and tailwinds he expect to drive price activity moving forward.

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Accounting

Validea

DECEMBER 30, 2022

The last several years have seen lackluster performances from hedge funds—in 2021, they only returned about 10.3% while the S&P 500 returned almost 27%. And given their high fees, it’s no wonder they had fallen out of favor. But given the shift in market conditions this year, hedge funds may be on a rebound, reports an article in Yahoo! Finance.

Banking 59

Banking Portfolio Retirement Management 59

Advisor Perspectives

DECEMBER 30, 2022

Stock market bulls have a “narrow path” to victory next year as long as inflation comes down faster than expected, according to Ed Yardeni, founder of his namesake research firm.

Marketing 52

Marketing Marketing 52

Conneqtor

DECEMBER 30, 2022

What is a Financial Advisor and tips to become one What is a financial advisor? Unfortunately, the “financial advisor” term has many meanings. It has been thrown around so much and used in so many different ways that not only does our profession struggle to define it, consumers do as well.

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Financial Advisor 52

Advisor Perspectives

DECEMBER 30, 2022

The Chicago Purchasing Manager's Index, or the Chicago Business Barometer, rose to 44.9 in December from 37.2 in November, which is still in contraction territory. It has spent 1/3 of 2022 in contraction territory. Values above 50.0 indicate expanding manufacturing activity.

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Manufacturing Management 52

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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

Validea

DECEMBER 30, 2022

Active management will become more popular next year, as well as custom strategies for those investors who want to have more control over where their money goes, contends an article in Yahoo! Finance. Direct indexing assets, currently at $462 billion, are expected to rise up to $825 billion by 2026, according to Cerulli Associates data that is cited in the article, making its growth forecast the biggest out of ETFs, mutual funds, and separately managed accounts.

Investing 52

Investing Investments Retirement Portfolio 52

Advisor Perspectives

DECEMBER 30, 2022

Back in March, “the Fed is behind the curve” was the prevailing narrative of too little, too late when it came to containing inflation.

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Nationwide Financial

DECEMBER 30, 2022

Key Takeaways: It’s important to be aware that throughout history, LGBTQ+ individuals have had to fight hard for their rights and protections to feel safer at home among family and friends, as well as at work among their colleagues. The LGBTQ+ community gained protection under the Civil Rights Act of 1964 through the United States Supreme Court’s Bostock v Clayton decision, which was issued on June 15, 2020.1.

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Clients Planning Retirement Planning Taxes 52