Sun.Jun 30, 2024

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Hotels: Occupancy Rate Decreased 2.5% Year-over-year

Calculated Risk

From STR: U.S. hotel results for week ending 22 June The U.S. hotel industry reported lower performance results from the previous week and mixed comparisons year over year, according to CoStar’s latest data through 22 June. 16-22 June 2024 (percentage change from comparable week in 2023): • Occupancy: 69.5% (-2.5%) • Average daily rate (ADR): US$159.88 (+0.1%) • Revenue per available room (RevPAR): US$111.17 (-2.3%) emphasis added The following graph shows the seasonal pattern for the hotel occu

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The U.S. Real Estate Market in Charts

A Wealth of Common Sense

Back in 2020 I wrote a quick rundown of the U.S. real estate market in charts to show how the pandemic was impacting the housing market. It’s been a few years so it’s time to update those charts. The existing home months’ supply measures the number of months it would take to sell all of the houses on the market at the current pace of sales: It’s well off the lows of late-2021/early-2022 and trendi.

Marketing 133
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Final Look at Local Housing Markets in May and a Look Ahead to June Sales

Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: Final Look at Local Housing Markets in May and a Look Ahead to June Sales A brief excerpt: In May, sales in these markets were down 0.1% YoY. In April, these same markets were up 7.6% year-over-year Not Seasonally Adjusted (NSA). Sales in all of these markets are down compared to May 2019. This was a 0.1% year-over-year decrease NSA for these markets.

Sales 200
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Overcoming 4 common reasons why people don’t buy insurance

Million Dollar Round Table (MDRT)

By Zilia Tam Sometimes, due to preconceived ideas, prospects and clients do not think they need life insurance or other types of insurance. They then reject financial advisors and life insurance agents who approach them Here are some reasons why you might experience a lack of interest from clients in insurance, and seven-year MDRT member Oi Tung Lee , of Kowloon, Hong Kong, China, advises what to do about it.

Insurance 103
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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Monday: ISM Mfg, Construction Spending

Calculated Risk

Weekend: • Schedule for Week of June 30, 2024 • Final Look at Local Housing Markets in May and a Look Ahead to June Sales Monday: • At 10:00 AM ET, ISM Manufacturing Index for June. The consensus is for the ISM to be at 49.0, up from 48.7 in May. • Also at 10:00 AM, Construction Spending for May. The consensus is for a 0.3% increase in construction spending.

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55 And No Savings Is Not Doomed

Random Roger's Retirement Planning

The latest retirement disaster article from Yahoo focuses on 55 year olds who have a "median savings of less than $50,000." Yahoo says it's "bleak" because this cohort is "only about a decade from retiring." Anyone else skeptical about that $50,000 figure? It is pretty clear that all age cohorts are woefully undersaved but, yeesh, I don't know about that.

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[cdata[ Maximize Savings & Avoid Traps: Your Prime Day 2024 Guide ]]

oXYGen Financial

![CDATA[ Is Amazon's Prime Day a treasure trove of deals or a cunningly disguised spending trap? You're certainly not alone in wondering. Mark your calendars - this year's Prime Day stretches beyond a single day, kicking off on Tuesday, July 16th and running for 48 hours through Wednesday, July 17th.

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Oil Retreats From Two-Month High as Traders Weigh Mixed Outlook

Advisor Perspectives

Oil retreated from a nearly two-month high as traders weighed a weakening physical market against escalating Mideast tensions.

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Sunday links: helping you win

Abnormal Returns

Markets Entertainment stocks are struggling YTD. (hollywoodreporter.com) Lumber prices are struggling YTD. (wsj.com) Strategy Europe's stock market has badly lagged the U.S. How much longer can it last? (awealthofcommonsense.com) There's no getting around it, investing is complicated. (tker.co) Don't forget, stocks are real assets. (downtownjoshbrown.com) Policy The Supreme Court has overturned the Chevron doctrine.

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Bitcoin Eclipsed by Ether, Solana in Crypto Bets Tapping ETF Hype

Advisor Perspectives

Bitcoin’s performance is starting to be overshadowed by the Ether and Solana tokens as hype around US cryptocurrency exchange-traded funds shifts to the two smaller digital assets.

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2025 Industry Index: How Top Advisors Are Scaling Smarter (and Faster) This Year

Where are top advisors focusing in 2025? AcquireUp’s 2025 Industry Index reveals it all. Based on insights from 200+ financial professionals nationwide, discover why 74% say seminars and referrals deliver the best ROI, how automation is helping advisors scale faster, and why only 8% are tapping into niche marketing (a major growth opportunity!). Whether you're refining your client acquisition strategy or scaling your practice, this report gives you the real-world data, benchmarks, and action ste

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Top clicks this week on Abnormal Returns

Abnormal Returns

Also on the site Some reasons why being online is so exhausting these days. (abnormalreturns.com) Top clicks this week Mean reversion happens in the stock market. Good luck trying to time it. (awealthofcommonsense.com) The degenerate economy is booming. (howardlindzon.com) Stop dissing standard deviation as a risk measure. (morningstar.com) Holding cash is comfortable right now, too comfortable.

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Emerging-Market Stocks: Great Businesses Hide in a Murky Market Landscape

Advisor Perspectives

Sour sentiment toward emerging-market stocks is obscuring uncommon opportunities for equity investors.

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10 Sunday Reads

The Big Picture

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • The Federal Reserve’s Little Secret : No one really knows how interest rates work, or even whether they work at all—not the experts who study them, the investors who track them, or the officials who set them. ( The Atlantic ) • Why Front-Page News Can Mislead Investors : Extreme pessimism—the kind that often leads the news—can potentially be fertile ground for investment opportunities. ( Morningstar )

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A $400 Billion Frenzy as Nvidia, Crypto Boom: ETFs So Far in ‘24

Advisor Perspectives

Hype over artificial intelligence, the eagerly anticipated launch of Bitcoin funds, and billions of dollars flowing toward the seemingly unstoppable stock-market surge: ETFs have seen it all and been the beneficiary so far this year.

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Data Talks, CFOs Listen: Why Analytics Are Key To Better Spend Management

Speaker: Claire Grosjean, Global Finance & Operations Executive

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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Transitioning to T+1 Settlement Cycles: The Advantage of Firm Expertise

Advisor Perspectives

Adapting to the new cycles requires swift operational changes, making the guidance of experienced managers crucial.

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Synchronize Your Pension Liabilities

Advisor Perspectives

U.S. corporate pension plan sponsors are required to measure their plan liabilities for a few important purposes.