Calculated Risk
DECEMBER 14, 2022
From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications increased 3.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 9, 2022. The Refinance Index increased 3 percent from the previous week and was 85 percent lower than the same week one year ago.
Wealth Management
DECEMBER 14, 2022
The portfolio manager for IVOL and BNDD discusses how those funds fit within modern investing portfolios.
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Calculated Risk
DECEMBER 14, 2022
Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Demand for design services continues to slow Demand for design services from architecture firms continued to decrease in November, according to a new report from The American Institute of Architects (AIA). The pace of decline during November accelerated from October, posting an Architecture Billings Index (ABI) score of 46.6 from 47.7 (any score below 50 indicates a decline in firm bi
Wealth Management
DECEMBER 14, 2022
Investor-driven lenders are continuing to be aggressive in a period of rising interest rates, helping multifamily investors top off their capital stacks.
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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
Nerd's Eye View
DECEMBER 14, 2022
Change is difficult, and when faced with the prospect of a change, many people opt to stick with the status quo. This is even true in the case of positive changes, such as a new job opportunity or relationship: Even though it might be very likely to make the person’s life better, it represents a departure from life as usual, and there is always the risk that the change won’t work out the way it was expected to.
Wealth Management
DECEMBER 14, 2022
MBA’s latest figures showed a 1.6 percent increase in commercial/multifamily mortgage debt outstanding in the third quarter. The AIA’s Architecture Billings Index showed a decline in November as demand for design services has slowed. These are among today’s must reads from around the commercial real estate industry.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Wealth Management
DECEMBER 14, 2022
Open, honest and candid discussions about the latest news in the RPA industry.
Mish Talk
DECEMBER 14, 2022
Month-over-month CPI food prices from the BLS, chart by Mish. Month-Over-Month Details For November Meat, Fish, Poultry, Eggs: -0.2%, up 9 of 11 months in 2022 Cereals and Bakery:+1.1%, up 11 of 11 months in 2022 Dairy: +0.7 percent: up 11 of 11 months in 2022 Fruits and Vegetables: up 1.4%, up 9 of 11 months in 2022 Nonalcoholic Beverages: -0.3%, up 10 of 11 months in 2022 Other Food at Home: -0.1%, up 10 of 11 months in 2022 Three Major Food Categories.
Wealth Management
DECEMBER 14, 2022
An annual report on the forces driving the wealth management industry.
Mish Talk
DECEMBER 14, 2022
Dot Plot Interest Rate projections from FOMC, highlights and annotations by Mish. Please consider the FOMC Press Release from December 14. Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.
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.
Wealth Management
DECEMBER 14, 2022
Massachusetts becomes the 30th state to enact a rule or law based upon the model passed by the National Association of Insurance Commissioners, intended to align state regs for annuity sales with the SEC’s Regulation Best Interest.
Calculated Risk
DECEMBER 14, 2022
Fed Chair Powell press conference video here or on YouTube here , starting at 2:30 PM ET. FOMC Statement: Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.
Wealth Management
DECEMBER 14, 2022
Active ETFs make up less than 5% of the overall U.S.-listed ETF assets but account for 12% of the industry’s net inflows, proving the shift toward more active strategies has room to continue to grow in 2023.
Calculated Risk
DECEMBER 14, 2022
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, Retail sales for November will be released. The consensus is for a 0.2% decrease in retail sales. • Also at 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for 230 thousand initial claims, unchanged from 230 thousand last week. • Also at 8:30 AM, The New York Fed Empire State manufacturing survey for December.
Speaker: David Worrell, CFO, Author & Speaker
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Wealth Management
DECEMBER 14, 2022
Well-known wealthtech editor Davis Janowski opens up for the first time publicly about his years-long battle with depression, and how his love for kayaking and being out on the open water has helped bring him out of it.
Calculated Risk
DECEMBER 14, 2022
Statement here. Fed Chair Powell press conference video here or on YouTube here , starting at 2:30 PM ET. Here are the projections. In September, the FOMC participants’ midpoint of the target level for the federal funds rate was 4.625%. The FOMC participants’ midpoint of the target range is now closer to 5.125%. Current Wall Street forecasts are for GDP to increase in 2022 Q4 over Q4, slightly above FOMC September projections.
Wealth Management
DECEMBER 14, 2022
Martin Shenkman shares his thoughts
The Reformed Broker
DECEMBER 14, 2022
Higher quality bonds will help protect portfolios in the new year, says JPMorgan’s Pandit from CNBC. The post Clips From Today’s Closing Bell appeared first on The Reformed Broker.
Speaker: Erroll Amacker
Automation is transforming finance but without strong financial oversight it can introduce more risk than reward. From missed discrepancies to strained vendor relationships, accounts payable automation needs a human touch to deliver lasting value. This session is your playbook to get automation right. We’ll explore how to balance speed with control, boost decision-making through human-machine collaboration, and unlock ROI with fewer errors, stronger fraud prevention, and smoother operations.
Wealth Management
DECEMBER 14, 2022
New survey sheds light on spending and investing plans.
Calculated Risk
DECEMBER 14, 2022
Today, in the Calculated Risk Real Estate Newsletter: Current State of the Housing Market; Overview for mid-December A brief excerpt: Over the last month … 1. New listings have declined further year-over-year (YoY). 2. Mortgage rates have declined recently but are still up sharply YoY. 3. House prices are declining month-over-month (MoM) as measured by the Case-Shiller repeat sales index. 4.
Wealth Management
DECEMBER 14, 2022
From advisor to entrepreneur, determine which approach is right for you.
Abnormal Returns
DECEMBER 14, 2022
Markets 2022 is shaping up as the worst year for bond returns in history. (awealthofcommonsense.com) Managed futures performance is cooling off. (wsj.com) Exchanges Market makers, like Citadel Securities, and the SEC are headed for a showdown. (wsj.com) Did yesterday's CPI report leak early? (news.yahoo.com) Finance Alternatives manager wants you to put more money in alternatives.
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Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
Wealth Management
DECEMBER 14, 2022
Bill Pulte, best known for using his Twitter account to give cash to followers, alleged in a civil complaint filed Wednesday in Palm Beach County, Florida, that newly named PulteGroup COO Brandon Jones has used a network of Twitter bots to harass and defame the family.
Validea
DECEMBER 14, 2022
By Jack Forehand, CFA, CFP® ( @practicalquant ) —. 2022 has certainly been a challenging year for markets. Although the S&P 500 is only down about 15% for the year, which is significantly less than we have seen in major bear markets, the path to get there has been a volatile one filled with both significant declines and major bear market rallies.
Wealth Management
DECEMBER 14, 2022
The Federal Open Market Committee raised its benchmark rate by 50 basis points to a 4.25% to 4.5% target range.
Covisum
DECEMBER 14, 2022
Between record-high inflation, recession fears, and the ongoing threat of Social Security benefit cuts, many Americans are worried about their nest eggs in the current economic environment.
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Like being inches from the end zone, many advisors are frustratingly close to their next level of success. You work hard. You put in the hours. But if your closing rate is stuck or your pipeline feels like a revolving door… something has to change. Most advisors are just one small shift away from dramatically increasing their revenue. The difference?
Wealth Management
DECEMBER 14, 2022
The eight defendants allegedly perpetrated a "pump and dump" scheme using their social media followers on Twitter and Discord.
Good Financial Cents
DECEMBER 14, 2022
Job security is always a concern when choosing a career, but some fields are more recession-proof than others. And while there’s no guarantee that any job will be immune to cutbacks or layoffs, some industries weather economic storms better than others. One industry that tends to be recession-resistant is finance. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes.
Wealth Management
DECEMBER 14, 2022
Larger insurers have spent years reducing their exposure to the state as litigation costs rose and the severity and frequency of hurricanes intensified, leaving smaller firms that mostly focus on Florida dominating the market and homeowners facing soaring premiums.
Advisor Perspectives
DECEMBER 14, 2022
In his latest memo, Howard Marks writes that the investment world may be experiencing the third major sea change of the last 50 years. Events in recent years – especially the spike in inflation and the Federal Reserve’s response – appear to have caused a reversal of the market conditions that prevailed after the Global Financial Crisis and for much of the last four decades.
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