Mish Talk

DECEMBER 7, 2022

Thanks to president Biden, The Pentagon Marches Off to Climate War. A little-noticed rule-making proposed by the Department of Defense, NASA and the General Services Administration last month would require federal contractors to disclose and reduce their CO2 emissions as well as climate financial risks. The rule would cover 5,766 contractors that have received at least $7.5 million from the feds in the prior year.

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Nonprofit Pharmaceutical Budgeting Manufacturing 287

The Big Picture

DECEMBER 7, 2022

There are periods of time when we all flip on the TV and watch live events unfold in real-time. National disasters, wars, crises, big entertainment and sporting events all tend toward communal viewing. In many ways, it is the last vestiges of the early days of television when there were only 3 networks and mornings in the office led to water cooler discussions of the big show broadcast last night. 1.

Financial Advice 273

Financial Advice Media Engineering Advertising 273

Abnormal Returns

DECEMBER 7, 2022

Trading Louis Sykes, "Some of the most intelligent and sophisticated traders on the planet lost everything in this market because they let ego get in the way of judgment and sound risk management processes." (allstarcharts.com) Why you likely can't just buy, and successfully use, some one else's trading system. (traderfeed.blogspot.com) Writing Nick Maggiulli's favorite investment writing of 2022.

Media 209

Media Financial Advising Risk Management Economy 209

Mish Talk

DECEMBER 7, 2022

Industrial production data from the Fed, chart by Mish. Other than 2000 and 2020 there is not much lead time between the time industrial production peaks and recession starts. Recession Lead Time After Industrial Production Peak. Industrial production data from the Fed, calculation and chart Mish. In 5 of the last recessions, industrial production was primarily a coincident indicator of recessions.

Manufacturing 130

Manufacturing Numbers Economics 130

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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.

Accounting

Abnormal Returns

DECEMBER 7, 2022

Family Tony Isola, "Projecting irrational expectations onto your kids and finances is a dangerous game." (tonyisola.com) How couples communicate about money is more important than the details. (wsj.com) More Americans are entering old age without any family. (nytimes.com) How should unmarried couples split expenses? (washingtonpost.com) How to talk to your children about money.

Communication 190

Communication Taxes Retirement Planning 190

Wealth Management

DECEMBER 7, 2022

The wealth management industry has entered the phase where marketing must produce business results, according to speakers at the MarketCounsel Summit.

Wealth Management 119

Wealth Management Marketing Marketing Management 119

Clever Girl Finance

DECEMBER 7, 2022

ot all of us are fortunate enough to come from wealthy families. However, you don’t have to be a celebrity or trust fund baby to get rich. In fact, we'll discuss how to get rich from nothing. Opinions vary when it comes down to what it really means to be considered rich. However, the thing to remember is that being wealthy isn’t just about the amount of money you accumulate but also includes your net worth.

Budgeting 102

Budgeting Financial Planning Accounting Investing 102

Wealth Management

DECEMBER 7, 2022

The financial services matchmaker and RIA investor are joining forces to provide succession seekers with more than just an introduction.

Financial Services 120

Financial Services 120

Advisor Perspectives

DECEMBER 7, 2022

Take a look at real (inflation-adjusted) charts of the S&P 500, Dow 30, and Nasdaq Composite since 2000. We've updated this through the November 30, 2022 close.

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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

Wealth Management

DECEMBER 7, 2022

A question looming over the industry is whether the legislation will get renewed or if the benefit will fade once the law expires.

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Calculated Risk

DECEMBER 7, 2022

From Manheim Consulting today: Wholesale Used-Vehicle Prices See Minimal Decline in November Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 0.3% in November from October. The Manheim Used Vehicle Value Index (MUVVI) declined to 199.4, down 14.2% from a year ago. This is the first time the MUVVI has dropped below 200.0 since August 2021.

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Consulting Sales 98

Wealth Management

DECEMBER 7, 2022

The author believes regulation of digital assets is overdue but with it the industry can build public trust and integrate the assets into the global financial system.

Assets 104

Assets 104

Calculated Risk

DECEMBER 7, 2022

Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in November A brief excerpt: This is the first look at local markets in November. I’m tracking about 35 local housing markets in the US. Some of the 35 markets are states, and some are metropolitan areas. I’ll update these tables throughout the month as additional data is released.

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Marketing Marketing Sales Numbers 97

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 7, 2022

Starwood head honcho Barry Sternlicht dismissed concerns about recent withdrawal limits on non-traded REITs, reports The Real Deal. Fannie Mae and Freddie Mac are on pace to fall short of their target allocations for 2022, according to Multi-Housing News. These are among today’s must reads from around the commercial real estate industry.

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Advisor Perspectives

DECEMBER 7, 2022

I’ve uncovered these false assumptions that may cause you to waste your marketing budget.

Marketing 121

Marketing Marketing Budgeting 121

Wealth Management

DECEMBER 7, 2022

Related Cos. is teaming up with Wynn Resorts Ltd. to pursue one of three gaming licenses for New York’s downstate area. Competitors include SL Green Realty Corp., which has proposed a casino project in Times Square in partnership with Caesars Entertainment Inc. and Jay-Z’s Roc Nation.

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License 95

FMG

DECEMBER 7, 2022

Financial advisors have many tools to assist them in marketing their businesses and reaching new potential clients. This includes blogs, websites, videos, and much more. But search results ranking is one of the most crucial elements of successfully marketing a firm. If you can rank high on the search results page you’re doing well. That’s where our friend SEO comes into play.

Financial Advisor 83

Financial Advisor Engineering Financial Planner Financial Consultant 83

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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

Wealth Management

DECEMBER 7, 2022

The 10 largest ESG funds by assets have all posted double-digit losses, with eight of them falling even more than the S&P 500’s 14.8% decline.

Assets 102

Assets 102

Advisor Perspectives

DECEMBER 7, 2022

“Expect a recession by the middle of next year,” Jeffrey Gundlach warned investors. The Fed’s monetary tightening will not be as aggressive as expected, he said, but high rates will dampen housing, consumer spending and other sectors, and will force the economy to contract.

Economy 85

Economy 85

Wealth Management

DECEMBER 7, 2022

"Bumpy times ahead," and "a rude awakening" are just a couple of gloomy statements coming from Wall Street executives.

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A Wealth of Common Sense

DECEMBER 7, 2022

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: Immaculate disinflation hopes dashed? Comments on the November employment report Were there really twice as many job openings as unemployed people?

Marketing 81

Marketing Marketing Accounting 81

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All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!

Accounting

Fortune Financial

DECEMBER 7, 2022

High energy prices around the world this past year have added impetus to the desired energy transition away from fossil fuels to electricity, and lithium, the critical element in power storage, is front and center. Demand for lithium, which is currently around 500,000 tons globally, is forecast to grow to 2-3 million tons annually over the next decade as demand for battery-powered electric vehicles (BEVs) is expected surge [graphic via Morningstar]: To help us understand better the lithium indu

Transportation 75

Transportation Engineering Economics Economy 75

Clever Girl Finance

DECEMBER 7, 2022

If you’re wondering, “What can I sell to make money from home?” we've got you! You can come up with side hustle ideas to make extra money. You can get rid of unwanted items without even leaving your house. There are so many ways in which you can generate extra cash right from the comfort of your own home. Below are 33 ideas! What can I sell to make money from home easily?

Media 68

Media Accounting Budgeting Communication 68

Advisor Perspectives

DECEMBER 7, 2022

Here is a summary of the four market valuation indicators we update on a monthly basis. The Crestmont Research P/E Ratio. The cyclical P/E ratio using the trailing 10-year earnings as the divisor. The Q Ratio, which is the total price of the market divided by its replacement cost. The relationship of the S&P Composite price to a regression trendline.

Marketing 64

Marketing Marketing Valuation 64

Wealth Management

DECEMBER 7, 2022

An ode to collaborative, multi-disciplinary planning.

Insurance 108

Insurance Planning 108

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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

Random Roger's Retirement Planning

DECEMBER 7, 2022

A round up of a bunch of things. A few months ago, I started referring to bonds as being a source of unreliable volatility. Bespoke Investment Group noted that the iShares 20+ Year Treasury ETF (TLT) is up 16.8% over the last month while the S&P 500 is up a little over 4% in the same period. The yield curve is obviously trying to price something in, maybe a (declared) recession, maybe a pivot by the FOMC, maybe something else, whatever, that is a big lift regardless of the reason.

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Management Portfolio Clients Planning 64

Wealth Management

DECEMBER 7, 2022

The public pension, the second biggest in the nation, is offering $15.7 million in tax-exempt bonds via auction Wednesday. Calstrs’s new headquarters is considered an investment for the pension, which has a prodigious $297.6 billion under management.

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Sales Taxes Management Investing 57

Meb Faber Research

DECEMBER 7, 2022

Episode #458: Bob Elliott, Unlimited Funds – A Macro Masterclass Guest: Bob Elliott is the CEO & CIO of Unlimited Funds, which using machine learning to create products that replicate the index returns of alternative investments. Previously, he was the Head of Ray Dalio’s Research Team and on the Investment Committee at Bridgewater Associates. […].

Investing 56

Investing Investments Marketing Marketing 56