Abnormal Returns

DECEMBER 22, 2022

Books An excerpt from "Wealth, Cost and Price in American Higher Education: A Brief History" by Bruce A. Kimball and Sarah M. Iler. (insidehighered.com) A Q&A with Jess Grose author of "Screaming on the Inside: The Unsustainability of American Motherhood." (annehelen.substack.com) Russia How Putin misjudged the war in Ukraine. (nytimes.com) Russia's mobilization was characterized by poor training an inadequate gear.

Education 229

Education Media Government 229

Mish Talk

DECEMBER 22, 2022

Amazon AMZN Market Cap. Amazon is down from a peak of $1.88 trillion to $854.8 billion making it the first company to lose over $1 trillion in market cap. Who's next? Tesla TSLA Market Cap. Tesla has lost about $727 billion in market cap but it likely will not be next. Facebook META Market Cap. This is an impressive effort by Meta, down $759 billion in market cap from its peak.

Marketing 210

Marketing Marketing Valuation Economics 210

Abnormal Returns

DECEMBER 22, 2022

Strategy For every investment maxim, there is a caveat. (investmenttalk.substack.com) Four lessons to help avoid the next market bubble. (blogs.cfainstitute.org) You shouldn't have to work on your trading psychology every day. (traderfeed.blogspot.com) Companies Is ChatGPT an existential threat for Google ($GOOGL) search? (nytimes.com) How the success of United Wholesale Mortgage ($UWMC) made the $4 billion purchase of the Phoenix Suns possible.

Media 130

Media Financial Advising Startup Numbers 130

Mish Talk

DECEMBER 22, 2022

Noose Tightens Around Sam Bankman-Fried The Rats Rat on SBF The Wall Street Journal reports Caroline Ellison, Associate of FTX Founder Sam Bankman-Fried, Pleads Guilty to Criminal Charges Caroline Ellison, the former chief executive of Alameda Research, a trading firm tied to FTX, and Gary Wang, FTX’s former chief technology officer, both pleaded guilty to criminal offenses similar to those Mr.

Commission 203

Commission Assets Economics 203

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

The Reformed Broker

DECEMBER 22, 2022

Final Trades: Quest Diagnostics, Treasurys & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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Calculated Risk

DECEMBER 22, 2022

From WardsAuto: U.S. Light-Vehicle Sales to Weaken Again in December; Inventory Set to Rise (pay content). Brief excerpt: If Winter Storm Elliott is as bad as predicted, it will create another headwind to December deliveries on top of inventory-related issues, fear of recession and rising prices and interest rates. Conversely, because the bad weather is hitting broad swaths of the U.S. at a time when most vehicle assembly plants will be closed anyway for the holiday season, production losses sho

Sales 139

Sales Marketing Marketing 139

A Wealth of Common Sense

DECEMBER 22, 2022

A reader asks: I know no one can predict the future…yada, yada, yada, but just between us – what’s going to happen with the stock market next year? I’m not sure I can handle another year like 2022. Life would be a lot easier if I knew the answer to this question. I guess the good news is there really isn’t much connective tissue from one year to the next in terms of one year’s price action impacting the next y.

Marketing 137

Marketing Marketing 137

Wealth Management

DECEMBER 22, 2022

Housing Works, a New York City-based nonprofit that runs a chain of thrift shops, will launch sales at a 4,400-square-foot Manhattan dispensary at 1 Astor Place, Governor Kathy Hochul said on Wednesday. All proceeds will be directed to the nonprofit.

Nonprofit 118

Nonprofit Sales 118

Good Financial Cents

DECEMBER 22, 2022

Do you have $30,000 burning a hole in your pocket? You’ll be rewarded if you can invest it for the long haul. As this compound interest calculator demonstrates, investing $30,000 at a return of 8% for 20 years will leave you with $138,828. If you can secure a return of 10% over that time, you’ll end the 20 years with $201,825. But where should you invest your $30,000?

Investing 108

Investing Investments Risk Tolerance Accounting 108

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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 22, 2022

When the eviction protection program runs out, tens of thousands tenants and landlords will still be facing the same challenges, reports The Real Deal. Most restaurant chains in the U.S. plan to expand in 2023, reports Chain Store Age. These are among today’s must reads from around the commercial real estate industry.

Planning 108

Planning 108

Clever Girl Finance

DECEMBER 22, 2022

Minimalism isn’t just a buzzword or an interior decorating trend. It’s a way of approaching life as a whole! Adopting a lifestyle of minimalism saves money, simplifies many of life’s logistics, and ultimately gives you more freedom. Of course, like just about any other lifestyle, minimalism isn’t for everyone. Before you decide to dive in, it’s worth learning about what minimalism is, all the ways minimalism saves money, and how to implement minimalist principles in your own life.

Insurance 100

Insurance Sales Assets Investing 100

Wealth Management

DECEMBER 22, 2022

Many of the big wealthtech players satiated their desire to get bigger this year. Here are some of the most significant deals that occurred in the space.

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Calculated Risk

DECEMBER 22, 2022

Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report released today from Economist Jiayi Xu: Weekly Housing Trends View — Data Week Ending Dec 17, 2022. Note: They have data on list prices, new listings and more, but this focus is on inventory. • Active inventory growth held steady with for-sale homes up 58% above one year ago.

Sales 98

Sales Marketing Marketing 98

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 22, 2022

As U.S. economic growth shows signs of slowing, more loans are being downgraded — November saw the most cuts for issuers since May 2020, according to JPMorgan. CLO managers are avoiding CCC loans, or even loans close to getting downgraded to that level.

Economics 100

Economics Management 100

Advisor Perspectives

DECEMBER 22, 2022

The Fed’s repeated manipulation of the price of capital has weakened productivity growth and reduced economic activity. Ultimately it is the citizens that pay the price.

Economics 98

Economics 98

Wealth Management

DECEMBER 22, 2022

The Patagonia Purpose Trust, and how high-net-worth individuals combine tax mitigation and charitable intent, was a thematic story in 2022 for advisors.

Planning 108

Planning Taxes 108

Calculated Risk

DECEMBER 22, 2022

The DOL reported : In the week ending December 17, the advance figure for seasonally adjusted initial claims was 216,000 , an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 3,000 from 211,000 to 214,000. The 4-week moving average was 221,750, a decrease of 6,250 from the previous week's revised average.

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98

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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 22, 2022

In spite of still stellar property fundamentals, both industrial developers and lenders prefer to play it safe on new construction.

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116

Calculated Risk

DECEMBER 22, 2022

From the BEA: Gross Domestic Product (Third Estimate), GDP by Industry, and Corporate Profits (Revised), Third Quarter 2022 Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the third quarter of 2022 , according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 0.6 percent.

Economics 96

Economics Investing Investments 96

Integrity Financial Planning

DECEMBER 22, 2022

Art collecting has been a part of human life since early African and Asian civilizations collected and stored art in temples, tombs, and sanctuaries. [1] In more recent times, art collections have been mostly associated with royals and the ultra-wealthy. However, anyone can participate and become an art collector, and doing so can sometimes end up becoming an asset!

Retirement 96

Retirement Financial Planning Commission Consulting 96

Wealth Management

DECEMBER 22, 2022

An Indyfin analysis of advisory firm websites found that the flow of quality content is important but understanding what drives organic search is too.

Wealth Management 103

Wealth Management Management 103

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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

Advisor Perspectives

DECEMBER 22, 2022

"Travel on all roads and streets changed by +0.1% (+0.3 billion vehicle miles) for October 2022 as compared with October 2021. Travel for the month is estimated to be 286.0 billion vehicle miles." The 12-month moving average was mostly unchanged month-over-month and up 3.0% year-over-year. If we factor in population growth, the 12-month MA of the civilian population-adjusted data (age 16-and-over) inched down 0.1% month-over-month and was up 2% year-over-year.

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72

Wealth Management

DECEMBER 22, 2022

While the marketing rule went into effect last year, advisors had until November 2022 to get into compliance.

Compliance 118

Compliance Management Marketing Marketing 118

Advisor Perspectives

DECEMBER 22, 2022

As of Friday, December 16, the S&P 500 Index is down -19.7% from the most speculative level of valuations in U.S. history – exceeding even the 1929 and 2000 extremes, based on the valuation measures we find best-correlated with actual subsequent market returns in cycles across history.

Valuation 98

Valuation Marketing Marketing 98

Wealth Management

DECEMBER 22, 2022

After a bullish 2021 for NFTs and cryptocurrencies, the value of these digital assets fell significantly in 2022.

Investing 108

Investing Investments Assets 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

Advisor Perspectives

DECEMBER 22, 2022

It is easier to give stock than cash as a gift, and there are benefits for you.

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93

Wealth Management

DECEMBER 22, 2022

Mindy Diamond and Louis Diamond share predictions for 2023 regarding recruiting, deals, M&A and more.

Recruitment 104

Recruitment 104

Aleph

DECEMBER 22, 2022

Photo Credit: Inhabitat || What is wealth, but concentrated efforts from the past organized by a man? I’ve written on this topic many times, and I summarized my thoughts in this piece, Understanding Investment Consensus. Journalists and investors are often cavalier regarding how the market is positioned versus a given issue. Just because journalists and bloggers talk about something that is a possible crisis, that does not mean that investors have acted on those opinions.

Portfolio 59

Portfolio Assets Management Investing 59