The Big Picture

JULY 29, 2022

My end-of-week morning train WFH reads: • The 8 economists who decide if the U.S. is in a recession : Even if gross domestic product figures show a shrinking economy, a recession won’t officially have begun unless the National Bureau of Economic Research says so. ( Washington Post ). • Why doesn’t the Fed just hike 200bp all at once? The cases for and against bold, abrupt moves ( Noahpinion ). • Despite Headwinds, Institutions See Opportunities Private market returns have come down off th

Startup 280

Startup Economy Economics Planning 280

Abnormal Returns

JULY 29, 2022

The biz Nonfiction podcasting has a plagarism problem. (theracket.news) Audiobook functionality will arrive inside Spotify ($SPOT) “quite imminently.” (variety.com) 45 podcast episodes to help you learn about investing. (overlookedalpha.com) The 15 best tech podcasts including the 'Techmeme Ride Home.' (fastcompany.com) Business Will Thorndike talks with Nick Howley who is the Founder and Executive Chairman of TransDigm ($TDG).

Investing 257

Investing Investments Management Marketing 257

The Big Picture

JULY 29, 2022

The Q4 E-Tron and Q4 E-Tron Sportback are geared toward first-time EV buyers who want a mainstream, well-made, luxury SUV. Based on the same MEB electric platform as the parent company Volkswagen, it’s similar to the VW ID.4. Unlike their EV competitors, Audi is simply electrifying their current line of ICE SUVs. Compared to futuristic and spacey models like 2023 Genesis GV60 and the Kia EV6 , Audi’s crossovers present as very familiar vehicles that just happen to have an electric p

Taxes 273

Taxes 273

Abnormal Returns

JULY 29, 2022

Strategy John Rekenthaler, "Avoid portfolio managers who claim to know how “this time will be different.” It probably won’t be. Even if it is, it may not match their expectations." (morningstar.com) Ben Carlson, "Investing would be easier if markets followed a set pattern but that’s not how things work. Humans are unpredictable so the stock market is as well.

Startup 130

Startup Financial Advising Portfolio Management Economy 130

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Accounting

Calculated Risk

JULY 29, 2022

The BEA released the Personal Income and Outlays report for June: Personal income increased $133.5 billion (0.6 percent) in June, according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $120.4 billion (0.7 percent) and personal consumption expenditures (PCE) increased $181.1 billion (1.1 percent).

Food 136

Food Economics 136

Wealth Management

JULY 29, 2022

To thrive in this environment, firms need to develop purposeful strategies for recruiting and retaining top industry talent.

Recruitment 128

Recruitment 128

Calculated Risk

JULY 29, 2022

Today, in the Calculated Risk Real Estate Newsletter: Rent Increases Up Sharply Year-over-year, Pace Continues to Slow A brief excerpt: Here is a graph of the year-over-year (YoY) change for these measures since January 2015. All of these measures are through June 2022 (Apartment List through July 2022). Note that new lease measures (Zillow, Apartment List) dipped early in the pandemic, whereas the BLS measures were steady.

Marketing 101

Marketing Marketing 101

A Wealth of Common Sense

JULY 29, 2022

As of the close of the trading day on June 16, 2022, the S&P 500 was down 23% from its all-time highs: The Russell 2000 Index of small cap stocks and the Nasdaq 100 were both down nearly 32% and 33%, respectively, from their highs. That’s a pretty decent bear market. Since that day, the S&P 500 is up 13%. The Russell 2000 has shot up 14% while the Nasdaq 100 has bounced 16%.

Marketing 96

Marketing Marketing 96

Calculated Risk

JULY 29, 2022

From CoStar: STR: US Weekly Hotel Occupancy Reaches Highest Level Since August 2019 U.S. hotel performance increased from the previous week, according to STR‘s latest data through July 23. July 17-23, 2022 (percentage change from comparable week in 2019*): • Occupancy: 72.8% (-6.0%) • Average daily rate (ADR): $158.79 (+16.4%) • Revenue per available room (RevPAR): $115.59 (+9.3%) *Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019. emphasis added The

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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

JULY 29, 2022

With recent backing from insurer MassMutual, Kudu now has minority investments in 19 asset and wealth managers in the U.S. and abroad.

Wealth Management 98

Wealth Management Insurance Assets Management 98

Validea

JULY 29, 2022

At the recent 2022 Sohn Investment Conference, Stanley Druckenmiller of Duquesne Family Office relayed his belief that “we’re six months into a bear market [which still]…has a ways to run,” according to an article in BNN Bloomberg. More losses have occurred because of the Fed’s aggressive moves to combat inflation, which will likely result in a recession next year, he added.

Marketing 72

Marketing Marketing Engineering Banking 72

Wealth Management

JULY 29, 2022

Retirement industry thought leaders answer three probing questions on critical issues providing an open, honest and candid dialogue.

Retirement 98

Retirement 98

The Irrelevant Investor

JULY 29, 2022

On today’s show, we got an update from Meow co-founder Brandon Arvanaghi on the Three Arrows situation, how Meow yields work, and much more. On today’s show we discuss: Meows recent fundraise The 3AC situation Meow lending source options Unsecured vs secured defi applications Where crypto stands today Listen here: Links: Meow homepage Meow Blog Meow gets backing from Tiger Meow Twitter Charts: Follow us.

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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

JULY 29, 2022

Marriage unlocks a way for partners to stay on track for retirement should one person's employment situation change.

Retirement 96

Retirement 96

Validea

JULY 29, 2022

The stock market won’t thrive again until ARK Innovation is dead, maintains an article in The Wall Street Journal , citing a Wall Street insider who said that he doesn’t believe a bull market will happen until Cathie Wood’s flagship fund has utterly failed. But even though ARK Innovation has lost 75% of its value from its February 2021 peak, it’s still raking in new money: about $2 billion in 2022 alone.

Marketing 59

Marketing Marketing Banking Management 59

Wealth Management

JULY 29, 2022

Like any financial windfall, the jumbo Mega Millions prize will be subject to taxes.

Taxes 109

Taxes 109

Calculated Risk

JULY 29, 2022

Friday: • At 8:30 AM ET, Personal Income and Outlays, June 2022. The consensus is for a 0.5% increase in personal income, and for a 0.9% increase in personal spending. And for the Core PCE price index to increase 0.5%. PCE prices are expected to be up 6.6% YoY, and core PCE prices up 4.7% YoY. • At 9:45 AM, Chicago Purchasing Managers Index for July. • At 10:00 AM, University of Michigan's Consumer sentiment index (Final for July).

Management 56

Management 56

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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

JULY 29, 2022

What advisors can learn from the reasons this client lost his term rider.

Clients 104

Clients 104

Trade Brains

JULY 29, 2022

List of Top Liquor Industry Stocks in India: India doesn’t rank too high on the list of countries with the highest per capita alcohol consumption. But it is also true that Indians consume almost half of the whiskey produced in the world. This is mainly thanks to India’s huge population. India’s alcohol intake however has increased by 38% in the last 7 years.

Manufacturing 52

Manufacturing Portfolio Marketing Marketing 52

Calculated Risk

JULY 29, 2022

On COVID (focus on hospitalizations and deaths): Hospitalizations have almost quadrupled from the lows in April 2022. COVID Metrics Now Week Ago Goal New Cases per Day 2 125,355 128,981 ?5,000 1 Hospitalized 2 ?? 37,013 35,853 ?3,000 1 Deaths per Day 2 373 396 ?50 1 1 my goals to stop daily posts, 2 7-day average for Cases, Currently Hospitalized, and Deaths ??

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Trade Brains

JULY 29, 2022

5G Stocks in India: People are hooked to their phones throughout the day. Thanks to fast and affordable data packs! After connecting humans, cellular technology has the ability to connect almost everything. 5G is here just to do that. It is poised to mark a significant impact on not only telecommunications but almost every element of the economy. But where does India stand in the 5G technology race?

Manufacturing 52

Manufacturing Government Communication Investing 52

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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

Steven J. Wilson

JULY 29, 2022

Marketing a bank can be challenging since many banks and credit unions are already vying for customers. That’s why it’s essential to have a solid marketing strategy to make your bank stand out from the rest. Your primary goal with everything you do is to build trust with potential and current customers. If they know […]. The post Bank Marketing: 13 Ideas Plus Steps To Build A Winning Strategy appeared first on Steven J.

Banking 52

Banking Marketing Marketing 52

Advisor Websites

JULY 29, 2022

Some financial advisors have been slow to adopt digital marketing in order to promote themselves and their businesses. Unfortunately, these slow adopters are falling behind advisors who have jumped on the opportunity, and are generating results from their efforts! It's not too late to get started. There is still time to go digital with your marketing strategy or to improve what you currently have in place.

Financial Advisor 52

Financial Advisor Marketing Marketing Clients 52

Mullooly Asset Management

JULY 29, 2022

In this week’s video Tom lays out what investors should be focusing on in a market like we’ve seen here in 2022. Warren Buffett said famously that “the stock market is a device for transferring money from the impatient to the patient” Tom discusses how we need to invest THROUGH these markets. And he even […].

Marketing 52

Marketing Marketing Investing Investments 52

NAIFA Advisor Today

JULY 29, 2022

NAIFA is sad to announce that Peter C. Browne, former NAIFA National Treasurer and Past President of NAIFA-NY , has passed away. Peter was a loyal NAIFA member since 1965. During his career spanning nearly six decades, he achieved phenomenal success as an advisor and agency manager, much of it with PRB Wealth Management , a firm he co-founded.

Wealth Management 52

Wealth Management 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

Random Roger's Retirement Planning

JULY 29, 2022

Barron's had a fun article about investing in publicly traded farming stocks. Many years ago I wrote quite a few posts about trying to add farmland investing into client portfolios. Back then, I found a few micro cap stocks, a few in Europe and a lot in Asia. The big idea with farmland is it tends to have a low correlation to equities, less volatility of demand (inelastic) for agricultural products and less volatility in price than equities.

Investing 50

Investing Investments Portfolio Assets 50

oXYGen Financial

JULY 29, 2022

![CDATA[ In an ideal world, everybody would have as much money as needed to purchase everyday essentials and the occasional luxury. However, through money management mistakes, and for other reasons, that's not the case. When you find yourself short at the end of your pay cycle, and it starts to become a recurring problem, it's time to take action. Here are a few of the many ways you might.

Management 40

Management 40

The Big Picture

JULY 29, 2022

The last time we looked at the State Coincident Indicators Index, all 50 States were in an economic expansion over the trailing 3 months. The diffusion index = 100. That is no longer the case today. The FOMC meeting on May 3-4 raised rates by 50 basis points, which was followed by the 75 basis point increase at the June 14-15 FOMC meeting. Taking rates to the 1.50%-1.75% range had some bite, and we see the impact of this higher cost of credit combined with inflation impacting the economy.

Economics 305

Economics Retail Banking Economy 305