April, 2024

article thumbnail

Housing April 29th Weekly Update: Inventory up 2.5% Week-over-week, Up 31.8% Year-over-year

Calculated Risk

Altos reports that active single-family inventory was up 2.5% week-over-week. Inventory bottomed in mid-February this year, as opposed to mid-April in 2023, and inventory is now up 12.6% from the February bottom. Click on graph for larger image. This inventory graph is courtesy of Altos Research. As of April 26th, inventory was at 556 thousand (7-day average), compared to 543 thousand the prior week.

338
338
article thumbnail

Alienating Tesla Buyers by the Cybertruck-load

The Big Picture

@TBPInvictus here: Back in December 2022 , I hypothesized that Elon Musk’s antics and his newfound desire to own the Libs were going to destroy Tesla’s appeal to many of his most important buyers. The latest data confirms those sentiments were on point. I looked at 2020 voting data and TSLA registrations in counties throughout the state of New York, and theorized as follows: Watching Musk’s ongoing antics , it has become very clear to me that his actions are not only destroying Twit

Marketing 338
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Carson Group Names Dani Fava As Chief Strategy Officer

Wealth Management

The news comes just days after the firm revealed that CEO and founder Ron Carson was stepping down from his role to become chairman of the board.

327
327
article thumbnail

Top clicks this week on Abnormal Returns

Abnormal Returns

Top clicks this week You likely don't need a long-term bond fund. (wsj.com) Allan Sloan, "Don’t fall in love with your money fund." (barrons.com) Good luck trying to dial risk up and down at the right times. (collabfund.com) At what age do we say people are 'old'? (scienceblog.com) What are to make of the big, and persistent, valuation disparities between large and small caps.

Valuation 300
article thumbnail

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

article thumbnail

Weekend Reading For Financial Planners (April 27-28)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Department of Labor released the final version of its Retirement Security Rule (a.k.a. the Fiduciary Rule 2.0), which is set to go into effect in September and (if it survives anticipated legal challenges) would represent a significant shift toward greater fiduciary standards in the financial services industry, including by defining as a fiduciary act a one-time recomm

article thumbnail

Housing April 8th Weekly Update: Inventory down 0.9% Week-over-week due to Easter Holiday, Up 24.6% Year-over-year

Calculated Risk

Altos reports that active single-family inventory was down 0.9% week-over-week. Inventory bottomed in mid-February this year, as opposed to mid-April in 2023, and inventory is now up 3.8% from the February bottom. Note: the decline this week was due to the Easter holiday, and seasonally, inventory usually increases following Easter. Click on graph for larger image.

331
331

More Trending

article thumbnail

Personal Income increased 0.5% in March; Spending increased 0.8%

Calculated Risk

The BEA released the Personal Income and Outlays report for March: Personal income increased $122.0 billion (0.5 percent at a monthly rate) in March , according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI), personal income less personal current taxes, increased $104.0 billion (0.5 percent) and personal consumption expenditures (PCE) increased $160.9 billion (0.8 percent).

Food 324
article thumbnail

YoY Measures of Inflation: Services, Goods and Shelter

Calculated Risk

Here are a few measures of inflation: The first graph is the one Fed Chair Powell had mentioned when services less rent of shelter was up around 8% year-over-year. This declined, but has turned up recently, and is now up 4.8% YoY. Click on graph for larger image. This graph shows the YoY price change for Services and Services less rent of shelter through March 2024.

Food 324
article thumbnail

MBA: Mortgage Applications Decreased in Weekly Survey

Calculated Risk

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 0.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 29, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 0.6 percent on a seasonally adjusted basis from one week earlier.

Marketing 324
article thumbnail

Case-Shiller: National House Price Index Up 6.4% year-over-year in February

Calculated Risk

S&P/Case-Shiller released the monthly Home Price Indices for February ("February" is a 3-month average of December, January and February closing prices). This release includes prices for 20 individual cities, two composite indices (for 10 cities and 20 cities) and the monthly National index. From S&P S&P CoreLogic Case-Shiller Index’s Upward Trend Persists in February 2024 The S&P CoreLogic Case-Shiller U.S.

Assets 321
article thumbnail

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.

article thumbnail

PCE Measure of Shelter Slows Slightly to 5.8% YoY in March

Calculated Risk

Here is a graph of the year-over-year change in shelter from the CPI report and housing from the PCE report this morning, both through March 2024. CPI Shelter was up 5.6% year-over-year in March, down from 5.8% in February, and down from the cycle peak of 8.2% in March 2023. Housing (PCE) was up 5.8% YoY in March , down slightly from 5.8% in January, and down from the cycle peak of 8.3% in April 2023.

321
321
article thumbnail

Can O.J. Simpson’s Executor Stiff-Arm the Goldman Family?

Wealth Management

Or will the family be able to squeeze the over $33 million they’re owed in civil judgments out of The Juice’s estate?

321
321
article thumbnail

Construction Spending Decreased 0.3% in February

Calculated Risk

From the Census Bureau reported that overall construction spending increased: Construction spending during February 2024 was estimated at a seasonally adjusted annual rate of $2,091.5 billion, 0.3 percent below the revised January estimate of $2,096.9 billion. The February figure is 10.7 percent above the February 2023 estimate of $1,889.6 billion emphasis added Private spending was unchanged and public spending decreased: Spending on private construction was at a seasonally adjusted annual rate

322
322
article thumbnail

Housing April 15th Weekly Update: Inventory up 2.6% Week-over-week, Up 29.6% Year-over-year

Calculated Risk

Altos reports that active single-family inventory was up 2.6% week-over-week. Inventory bottomed in mid-February this year, as opposed to mid-April in 2023, and inventory is now up 5.6% from the February bottom. Click on graph for larger image. This inventory graph is courtesy of Altos Research. As of April 12th, inventory was at 526 thousand (7-day average), compared to 513 thousand the prior week.

320
320
article thumbnail

What Your Financial Statements Are Telling You—And How to Listen!

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.

article thumbnail

How People Fail at Retirement

Wealth Management

Transitioning away from a structured schedule with inherent social networks after 40+ years is traumatic.

article thumbnail

Comments on March Employment Report

Calculated Risk

The headline jobs number in the March employment report was above expectations; and January and February payrolls were revised up by 22,000 combined. The participation rate and the employment population ratio both increased, and the unemployment rate decreased to 3.8%. Leisure and hospitality gained 49 thousand jobs in March and is now above pre-pandemic levels.

Numbers 318
article thumbnail

J.D. Power: DIY Investors’ Satisfaction 'Stagnates' Despite Rising Market

Wealth Management

According to J.D. Power’s annual survey on self-directed investors, Fidelity took the top marks for DIY investors seeking guidance, with Charles Schwab following closely behind.

Marketing 317
article thumbnail

Retirement Planning Cannot Be Linear

Wealth Management

Adopting an adaptive approach to retirement planning acknowledges the dynamic nature of spending patterns and emphasizes flexibility in financial strategies.

article thumbnail

How to Avoid Pitfalls In Automation: Keep Humans In the Loop

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.

article thumbnail

MBA: Mortgage Applications Increased in Weekly Survey

Calculated Risk

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 19, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.7 percent on a seasonally adjusted basis from one week earlier.

Marketing 316
article thumbnail

March Employment Report: 303 thousand Jobs, 3.8% Unemployment Rate

Calculated Risk

From the BLS : Total nonfarm payroll employment rose by 303,000 in March, and the unemployment rate changed little at 3.8 percent , the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, government, and construction. The change in total nonfarm payroll employment for January was revised up by 27,000, from +229,000 to +256,000, and the change for February was revised down by 5,000, from +275,000 to +270,000.

article thumbnail

Carson Group Adds CFO, Controller

Wealth Management

Daniel Applegarth and Eric Vrba are the latest additions to the C-suite as Carson Group shakes up leadership.

313
313
article thumbnail

Moody's: Apartment Vacancy Rate Unchanged in Q1; Office Vacancy Rate at Record High

Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: Moody's: Apartment Vacancy Rate Unchanged in Q1; Office Vacancy Rate at Record High A brief excerpt: From Moody’s: The office sector slashed its vacancy record set just a quarter ago and marched another 20 bps closer to the 20% mark. Sitting at 19.8% in Q1 2024, this new record high vacancy rate is 50 bps above the recessionary peaks recorded in 1986 and 1991.

Economics 313
article thumbnail

Book of Secrets on the Month-End Close

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.

article thumbnail

Weekly Initial Unemployment Claims Decrease to 211,000

Calculated Risk

The DOL reported : In the week ending April 6, the advance figure for seasonally adjusted initial claims was 211,000 , a decrease of 11,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 221,000 to 222,000. The 4-week moving average was 214,250, a decrease of 250 from the previous week's revised average.

312
312
article thumbnail

The Profit vs. Growth Balancing Act

Wealth Management

Professionals leading RIAs often see themselves primarily as advisors rather than business owners.

312
312
article thumbnail

Q&A: AlTi Global CEO on Going Public in a Challenging Market

Wealth Management

Michael Tiedemann talks about taking two companies public via SPAC, raising capital and what he and his partners are building at AlTi Tiedemann Global.

Marketing 312
article thumbnail

DOL Releases Final Fiduciary Rule

Wealth Management

The rule, which takes effect in September, “protects the retirement investors from improper investment recommendations and harmful conflicts of interest,” according to Acting Labor Secretary Julie Su.

article thumbnail

Stop Falling Short When It Matters Most—The Elite Advisor’s Playbook to Success

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?

article thumbnail

The Word on WealthTech for April 2024

Wealth Management

F2 Strategy's co-founder and CEO provides his take on the most important wealth management technology news of the last month.

article thumbnail

MBA: Mortgage Applications Increased in Weekly Survey

Calculated Risk

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 3.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 12, 2024. The Market Composite Index, a measure of mortgage loan application volume, increased 3.3 percent on a seasonally adjusted basis from one week earlier.

Economy 308
article thumbnail

How Financial Advisors Can Optimize Their Email Newsletters

Wealth Management

Lone Beacon's analysis of email subject lines from advisors found that short subject lines with clear value proposition messaging are best.

article thumbnail

AAR: Rail Carloads Down YoY in March, Intermodal Up

Calculated Risk

From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. Total originated carloads on U.S. railroads fell 3.5% (31,101 carloads) in March 2024 from March 2023, their third straight monthly decline. Total carloads averaged 216,716 per week in March 2024, the fewest for any March in our records that begin in January 1988.

306
306
article thumbnail

The Future Of Finance: How To Manage Spend The Right Way

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g