Sat.Oct 19, 2024 - Fri.Oct 25, 2024

article thumbnail

3%: Great Depression, GFC, 1970s & 2020s?

The Big Picture

What do the Great Depression, the Great Financial Crisis, the Stagflationary 1970s, and the upcoming 10-years have in common? If you are a strategist at Goldman Sachs , then a lot. At least if you do forecasts for market returns over the next decade (lol), you may see incredible similarities. ICYMI: David Kostin and his team of strategists see a 72% chance the S&P 500 underperforms Treasuries, and a 33% possibility equities return less than inflation.

article thumbnail

Research links: shorting the apocalypse

Abnormal Returns

Trend following Why trend following is unique. (mrzepczynski.blogspot.com) If you want trend following returns just do trend following. (klementoninvesting.substack.com) Research Want small cap exposure? Go microcap. (mailchi.mp) What ideal diversification looks like. (caia.org) AI is becoming table stakes for hedge funds. (alphaarchitect.com) European investors still prefer dividends over buybacks.

Portfolio 281
Insiders

Sign Up for our Newsletter

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

article thumbnail

Quantifying (More Accurately) The Real Impact Of A Financial Advisor’s Costs On Their Clients’ Nest Eggs

Nerd's Eye View

While the financial advice industry has transformed in many ways over the past several decades, one aspect that has remained relatively constant is the use of the Assets Under Management (AUM) fee model as a common way for many advisors to get paid. Though in practice, while a 1% AUM fee is a common 'starting point' in the industry, the actual fee structure can vary based on the firm's approach; for example, some firms may reduce the fee for high-net-worth clients, or charge an additional fee fo

Clients 246
article thumbnail

5 Financial Considerations for Americans Thinking About Retiring Abroad

Carson Wealth

Retiring abroad can be a dream come true for many Americans, offering the opportunity to explore new cultures, enjoy different climates, and potentially stretch retirement savings. But moving to a new country involves significant financial planning. If you’re considering making the leap, there are key financial considerations you need to weigh before you make this major life change.

article thumbnail

Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

article thumbnail

MiB: Toto Wolff, Mercedes-AMG PETRONAS F1 Team

The Big Picture

 This week, we speak with Toto Wolff , Team Principal & CEO of the Mercedes-AMG PETRONAS F1 Team. Prior to joining Mercedes, Toto spent time in the investment world, founding his own company Marchfifteen in 1998 and Marchsixteen in 2004. In 2009 Toto combined his passion for racing and business by investing in the Williams F1 Team. He eventually came to be the team’s Executive Director, helping to lead them toward their first win at the Spanish Grand Prix in eight years.

More Trending

article thumbnail

Weekend Reading For Financial Planners (October 26–27)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study by Cerulli Associates and Osaic found that at a time when consumers are increasingly seeking comprehensive planning relationships with their financial advisors, many advisors appear to be overestimating the comprehensiveness of the services they provide.

article thumbnail

The New Normal of Negativity

A Wealth of Common Sense

There are certain financial publications that you can just tell have a European bent to them. They use words with an extra “u” like favourite, glamour, or colour. They use cheque instead of check. And per cent has a space for some reason. The Financial Times and The Economist come to mind. The Economist has a new special report with a series of stories about how America is the envy of the world, economically s.

Economics 145
article thumbnail

We Need to Have a Talk About “Bond Vigilantes”

Discipline Funds

You just have to love the short-term overreactions of Mr. Market. Just two months ago we get a weak employment report and investors are panicked that the Fed is too tight. Then we get a strong employment report in September and investors are panicked that the Fed is too loose. In May the 10 year interest rate was as high as 4.75%. By September it was as low as 3.6%.

article thumbnail

Thursday links: the worst investment strategy

Abnormal Returns

Markets Degeneracy has become a fixture of the current environment. (howardlindzon.com) The stock market's biggest winners started out as small caps. (freedomdaysolutions.com) Strategy How often do outlier 10-year forecasts turn out? (ritholtz.com) Why optimism makes sense over the long run. (awealthofcommonsense.com) Cash was never meant to be a long-term investment.

article thumbnail

Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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 6.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 18, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 6.7 percent on a seasonally adjusted basis from one week earlier.

Sales 114
article thumbnail

Am I a Permabull?

A Wealth of Common Sense

We also answered questions about how to write engaging content, defining your audience when writing, how to balance stories vs. numbers in a presentation and more. Further Reading: 50 Ways the World is Getting Better 1The other choices were What I Learned Losing a Million Dollars and The Money Game. The post Am I a Permabull? appeared first on A Wealth of Common Sense.

Numbers 132
article thumbnail

Ripple cryptocurrency (XRP) jumps after company to win against SEC for its security status

Trade Brains

The cryptocurrency world is once again abuzz as the U.S. Securities and Exchange Commission (SEC) reignites its legal battle against Ripple. This latest development has sent ripples through the crypto market, leaving investors and industry watchers on edge. SEC’s Appeal and Ripple’s Response Ripple (XRP) is a digital currency and payment network.

Retail 117
article thumbnail

Adviser links: time and space

Abnormal Returns

Podcasts Frazer Rice talks RIA marketing with Richard Heft, President of EXT Marketing. (frazerrice.com) Brendan Frazier talks with Ben Haas about how to conduct client 're-discovery' meetings. (podcasts.apple.com) Josh Brown and Michael Kitces talk about how a recent CFP ad campaign went wrong. (youtube.com) The biz Schwab Advisor Solutions will look to boost revenue, just not through custody fees.

CFP 276
article thumbnail

2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.

article thumbnail

CB Leading Economic Index: Continues to Fall in September

Advisor Perspectives

The Conference Board Leading Economic Index (LEI) decreased in September to its lowest level since October 2016. The index fell 0.5% from the previous month to 99.7, marking its seventh consecutive monthly decline.

Economics 111
article thumbnail

3% Stock Market Returns For the Next Decade?

A Wealth of Common Sense

The U.S. stock market has been on fire of late. But it doesn’t feel like we’ve entered the euphoric phase of investor psychology just yet. In fact, many prognosticators have been lowering expectations. Goldman Sachs put out a research piece that posits the S&P 500 could return just 3% annualized over the next 10 years (just 1% after inflation): These are their baseline assumptions and they offer a range o.

Marketing 133
article thumbnail

Deloitte Forecast on India’s GDP; Will Indian Economy Hit $5 Trillion?

Trade Brains

Deloitte has released a promising forecast for India’s economic growth. The report predicts GDP growth between 7 and 7.2 percent for FY 2024-2025. Moreover, this matches the RBI’s own growth projection of 7.2 percent. Dr. Rumki Majumdar sees India’s economy showing strong resilience after the election period. The country maintains its position among the world’s fastest-growing large economies.

Economy 113
article thumbnail

Saturday links: communities coming together

Abnormal Returns

EVs EV charging as a loss-leader. (msn.com) 5 minute EV charging is the holy grail. (ft.com) Electric school buses are a win-win. (scientificamerican.com) Autos Why buying a car still sucks. (vox.com) Parallel parking will soon be an obsolete skill. (theatlantic.com) Why so many wrecked cars end up in the small South Caucasus nation of Georgia. (bbc.com) Energy How solar power can help in disaster zones.

Food 272
article thumbnail

Banking on Loyalty: Holistic Financial Advice for Unparalleled Business Growth

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.

article thumbnail

NAR: Existing-Home Sales Decreased to 3.84 million SAAR in September, New Cycle Low; Median House Prices Increased 3.0% Year-over-Year

Calculated Risk

Today, in the CalculatedRisk Real Estate Newsletter: NAR: Existing-Home Sales Decreased to 3.84 million SAAR in September, New Cycle Low Excerpt: Sales Year-over-Year and Not Seasonally Adjusted (NSA) The fourth graph shows existing home sales by month for 2023 and 2024. Sales declined 3.5% year-over-year compared to September 2023. This was the thirty-seventh consecutive month with sales down year-over-year.

Sales 109
article thumbnail

Where Does Economic Growth Come From?

A Wealth of Common Sense

Earlier this week I wrote about how America is the envy of the world.1 There was plenty of pushback. Many Europeans pointed out we have plenty of other problems plus a far worse safety net than they do. Fair enough. There were also a lot of comments on inequality, even though I addressed that in the piece. It is worth noting research shows 40% of the rise in income inequality has been undone since 2020.

Economics 111
article thumbnail

Microcap Stocks to Benefit from Indian Nuclear Power Push 

Trade Brains

Right now, a lesser-known investing theme has started to play out following Prime Minister Narendra Modi’s visit to Russia. Reports suggest that Russia & India are discussing building 6 nuclear power units in India. Indian companies have been participating in the nuclear power segment ever since the growing support for nuclear as a low-carbon energy source sent uranium prices 3x since the end of 2020.

article thumbnail

Tuesday links: stressful tests

Abnormal Returns

Strategy Why we diversify. (awealthofcommonsense.com) On the importance of portfolio rebalancing. (thefinancialbodyguard.com) Pessimists persist because we forget their poor predictions. (whitecoatinvestor.com) Crypto Stablecoins are emerging as the killer use case. (theblock.co) Why the identify of Satoshi matters. (bloomberg.com) The blockchain is coming for real estate.

article thumbnail

Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

article thumbnail

Lovell Minnick Takes Majority Stake in Dynasty Firm Americana Partners

Wealth Management

Americana’s leadership and employees will still be significant owners after the deal, while CEO Jason Fertitta and the rest of the leadership team will continue to run the firm.

111
111
article thumbnail

Hotels: Occupancy Rate Increased 1.6% Year-over-year

Calculated Risk

From STR: U.S. hotel results for week ending 19 October The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 19 October. 13-19 October 2024 (percentage change from comparable week in 2023): • Occupancy: 70.1% (+1.6) • Average daily rate (ADR): US$169.85 (+2.5%) • Revenue per available room (RevPAR): US$119.01 (+4.2%) emphasis added The following graph shows the seasonal pattern for the hotel occupancy rate using the four-week average.

105
105
article thumbnail

Adani Group stock falls after company’s net profit decreases by 48% YoY

Trade Brains

ACC Limited stands as a prominent player in the Indian cement industry. Founded in 1936, the company has built a strong reputation for quality and innovation. With a commitment to sustainability, ACC consistently invests in eco-friendly practices. Today, ACC offers a wide range of cement products, catering to various construction needs. The company focuses on enhancing customer satisfaction through superior service and reliable delivery.

Sales 105
article thumbnail

Wednesday links: avoiding losses

Abnormal Returns

Companies Google's ($GOOGL) big businesses are in a slow, decline. (wheresyoured.at) Starbucks' ($SBUX) new CEO is clearing the decks. (bloomberg.com) Walmart ($WMT) is expanding home delivery of pharmaceuticals. (fastcompany.com) Finance Howard Marks thinks nearly every investor should look at private debt. (on.ft.com) Banks are increasingly backing capital call loans.

article thumbnail

How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

article thumbnail

Are You in a Trust Recession?

Advisor Perspectives

In this new economy, your prospect is assessing you, the opposite of the way things should be and used to be. The advisory industry is now officially in a trust recession.

Economy 110
article thumbnail

New Home Sales Increase to 738,000 Annual Rate in September; Median New Home Price is Down 7% from the Peak due to Change in Mix

Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: New Home Sales Increase to 738,000 Annual Rate in September Brief excerpt: The Census Bureau reported New Home Sales in September were at a seasonally adjusted annual rate (SAAR) of 738 thousand. The previous three months were revised down. The next graph shows new home sales for 2023 and 2024 by month (Seasonally Adjusted Annual Rate).

Sales 104
article thumbnail

AI Usage Top Priority for SEC Examiners in 2025

Wealth Management

According to the SEC division’s exam priorities, Reg BI compliance and the use of crypto assets are other areas of focus for the upcoming year.