Nerd's Eye View

FEBRUARY 12, 2025

When the Social Security Fairness Act was signed into law on January 5, 2025, it came as a relief to many recipients of state or local government pensions whose Social Security benefits had been, up until now, reduced by the Windfall Elimination Provision (WEP) for individuals claiming retirement benefits under their own name, or the Government Pension (..)

Retirement

Calculated Risk

JULY 29, 2025

This report is for private payrolls only (no government). Wednesday: • At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:15 AM, The ADP Employment Report for June. The consensus is for 75,000 payroll jobs added in June, up from -33,000 in May. •

Sales

Calculated Risk

JUNE 4, 2025

Government purchase applications were little changed over the week driven by a slight increase in FHA purchase applications. Refinance activity fell across both conventional and government segment and the overall average refinance loan size was the smallest since July 2024, as potential borrowers hold out for larger rate drops..

Government

Nerd's Eye View

JANUARY 7, 2025

In this episode, we talk in-depth about how Pete frames the differences between socially responsible investing (which is focused on excluding certain industries or companies from portfolios), ESG investing (which measures the risk to companies from environmental, social, and governance factors), and Pete's sustainable investing approach (which he views (..)

Clients

Calculated Risk

JULY 26, 2025

This report is for private payrolls only (no government). . -- Wednesday, July 30th -- 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. 8:15 AM: The ADP Employment Report for June. The consensus is for 75,000 payroll jobs added in June, up from -33,000 in May.

Manufacturing

A Wealth of Common Sense

JULY 13, 2025

government bonds: That doesn’t seem good. Being a market returns geek I decided to take this a step further by looking at the returns by decade for various maturities in government bonds to see how the 2020s stack up historically. Deutsche Bank has a chart that shows we’re looking at the worst 10 year period ever for U.S.

Government

Calculated Risk

APRIL 8, 2025

On the institutional side, planning activity slowed for education, healthcare and government buildings. On the commercial side, weaker planning activity for warehouses, data centers and retail stores drove this months decline. Meanwhile, hotel and office planning continued to accelerate. The commercial segment was up 32% from March 2024.

Healthcare

Nerd's Eye View

JANUARY 10, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the "Social Security Fairness Act" was signed into law this week, eliminating the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) provisions, which previously reduced the Social Security benefits (..)

Financial Planner

The Big Picture

AUGUST 1, 2025

The headline NFP number was a disappointing +73,000; that included a decrease in government workers of -10,000. Who would ever have guessed that chaotically deploying a random set of discredited economic policies for 6 months would disrupt the economy and hurt the labor market…? Unemployment ticked up to 4.2% last month.

Economy

Calculated Risk

JANUARY 8, 2025

Purchase applications declined for both conventional and government loans and dropped to the slowest weekly pace since February 2024. The 30-year fixed rate increased for the fourth consecutive week, reaching 6.99 percent the highest rate since July 2024, said Joel Kan, MBAs Vice President and Deputy Chief Economist.

Government

Calculated Risk

APRIL 2, 2025

Last weeks level of purchase applications was its highest since the end of January, driven by a 3 percent increase in conventional purchases, while government purchase applications were down 2 percent, said Joel Kan, MBAs Vice President and Deputy Chief Economist.

Government

Discipline Funds

MAY 28, 2025

Governments will get much bigger. As inflation falls governments will have a much greater capacity to spend. If the government doesnt respond in a big way this has the next recession will be similar to the GFC labor recovery in that it will be a very long and slow one. AI is going to make this much, much worse.

Government

Calculated Risk

MARCH 5, 2025

Refinance activity was at its fastest pace since October 2024, as conventional refinance applications rose 34 percent and government refinance applications increased by 42 percent over the week. The move in government refinances was driven by a 75 percent increase in VA loans, which have been prone to large changes in recent months.

Government

Calculated Risk

FEBRUARY 5, 2025

The average loan size for a purchase loan has increased since the start of the year and continued that trend last week with weaker government purchase activity, which reached $447,300, the highest level since October 2024.. Added Kan, Purchase activity had a tougher week, with declines across all loan types. percent from 7.02

Government

Calculated Risk

DECEMBER 23, 2024

In the wake of natural disasters and slowing in the labor market, borrowers with government loans tend to be impacted more than conventional borrowers. Added Walsh, There is some weakening in performance of servicing portfolios and loan workouts compared to one year ago.

Portfolio

Trade Brains

OCTOBER 28, 2024

This alliance has the potential to challenge established power structures, particularly in global economic governance. The collective efforts of BRICS highlight the importance of collaboration among emerging economies. As they strengthen their ties, BRICS nations aim to create a more balanced and equitable world order.

Economics

Calculated Risk

APRIL 3, 2025

Government job growth is expected to come in at just 10k due to the federal hiring freeze/DOGE. It seems early for the government related layoffs to significantly impact employment. We estimate that the unemployment rate was unchanged on a rounded basis at 4.1%. This suggests layoffs in March were about the same as in February.

Manufacturing

Carson Wealth

DECEMBER 20, 2024

These mandatory distributions from your before tax retirement accounts are essentially a tax vehicle the government didnt get any taxes when you contributed, so they will get them when you withdraw. government. More money will go to your benefactors and/or charities, and less will go to the government. Which do you choose?

Financial Planning

Calculated Risk

MARCH 7, 2025

Federal government employment declined. From the BLS: Employment Situation Total nonfarm payroll employment rose by 151,000 in February, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today.

Transportation

Abnormal Returns

FEBRUARY 14, 2025

sixcolors.com) Contracts When the government pulls money from an account without authority. government is breaking legal contracts. (sixcolors.com) The Apple TV app is coming to Android. spyglass.org) Apple TV should lean into live channels. axios.com) It's hard to plan when the U.S.

Advertising

Calculated Risk

MARCH 12, 2025

Government purchase applications experienced an 11 percent increase helped by the FHA rate dropping to 6.34 As a result, applications increased over the week and were up 31 percent from a year ago, said Joel Kan, MBAs Vice President and Deputy Chief Economist.

Government

Calculated Risk

MAY 1, 2025

We expect a 15k decline in federal government payrolls and a slower but still positive 15k increase in state and local payrolls. Government job growth is expected to come in at 10k due to the federal hiring freeze/DOGE. It still seems early for the government (DOGE) layoffs and tariff related layoffs to impact the employment report.

Manufacturing

Calculated Risk

MARCH 13, 2025

In particular, a number of Floridas markets, including Cape Coral, Sarasota, Lakeland and Tampa have experienced weakening prices over the past year , which led to Floridas average equity declining by about $18,000 at the end of 2024.

Numbers

Calculated Risk

MAY 14, 2025

Refinance volume was little changed for the week, with a small increase in government refinances, and a decrease in conventional refinances. Added Fratantoni, There was a notable gain in government purchase applications, up almost 5 percent for the week and 40 percent on an annual basis.. percent from 6.84

Government

Trade Brains

JUNE 29, 2025

The government just unveiled its second major digital asset policy statement. The government will standardise issuing tokenised bonds. Hong Kong boldly accelerates its crypto ambitions. It aims to solidify its position as a global crypto hub. The new plan prioritises strong investor protection and risk management.

License

Carson Wealth

JUNE 27, 2025

government tariff revenues have surged to record highs, consumer inflation hasn’t yet notably risen due to tariffs. Key Takeaways Market Momentum Resurgence Stocks have rebounded sharply from nearly 20% declines seen around 10 weeks ago, with the S&P 500 approaching record highs. Muted Tariff Inflation Although U.S.

Marketing

Trade Brains

JULY 2, 2025

As a result, its Governing Council approved two major projects yesterday. The European Central Bank (ECB) is leaping into the blockchain era. These initiatives will use central bank money for DLT settlements. This move aims to make European payments faster and safer.

Banking

Calculated Risk

JANUARY 29, 2025

Application activity was slightly weaker, primarily because of a 7 percent decline in refinancing across both conventional and government loans, said Joel Kan, MBAs Vice President and Deputy Chief Economist. Mortgage rates were mixed last week, and the 30-year fixed rate remained unchanged at 7.02

Sales

Calculated Risk

JULY 3, 2025

NOTE: State and local government education hiring was reported at 63.5 The headline jobs number in the June employment report was above expectations and April and May payrolls were revised up by 16,000 combined. The participation rate decreased, the employment population ratio was unchanged, and the unemployment rate was decreased to 4.1%.

Education

Trade Brains

JUNE 9, 2025

Gratuity Benefits: Paragraph 10(10) of the Income Tax Act states Employees in the government sector receive no tax payable on gratuity. TDS Exemption Process: Some retirees that earn little salary may be eligible for so-called Present Form 15H to these institutions to keep the Government from deducting TDS from your interest.

Retirement

Discipline Funds

NOVEMBER 4, 2024

As an example of this, consider this data point from JP Morgan : “ Exhibit 4 highlights real GDP growth and S&P 500 returns during Republican, Democratic, and divided governments (when one party does not control the White House and both chambers of Congress). And in the post-WW2 era the government has been divided 61% of the time.

Economy

Wealth Management

AUGUST 8, 2025

From roles in student government and charitable organizations to positions on sports teams, he has consistently stepped up to guide others. Related: The WealthStack Podcast: Why Every Client Should Feel Like $100M with Libretto’s Jeff Coyle Leadership has been a constant theme in Jordan’s life.

Estate Planning

The Big Picture

MARCH 7, 2025

Prior to this role at BCG, Philipp advised financial institutions and governments at the Organization for Economic Co-operation and Development (OECD) as well as McKinsey & Company. This week, I speak with Philipp Carlsson , Global Chief Economist for Boston Consulting Group. He was also Chief Economist at Stanford C.

Economics

Cornerstone Financial Advisory

NOVEMBER 25, 2024

Treasury Notes are guaranteed by the federal government as to the timely payment of principal and interest. The S&P 500 Composite Index is an unmanaged group of securities that are considered to be representative of the stock market in general.

Marketing

Harness Wealth

APRIL 4, 2025

BOI Reporting Changes Dont Affect CTAs Constitutionality, Filing Says ( Martha Waggoner , Journal of Accountancy) The federal government, in a court brief, continued to defend the constitutionality of the Corporate Transparency Act (CTA), P.L.

Taxes

Trade Brains

JULY 1, 2025

Emkay has cautioned that if these governance-related issues persist, they could cause bigger trouble for the private sector bank down the line. It was revealed that approximately Rs 1.53 crore was spent on hiring a consultant and other activities without the necessary board approval, which exceeded the management’s authorised spending limits.

Banking

Steve Sanduski

JULY 15, 2025

government really can control other countries’ access to it, we actually have similar economic power that empires of old had by controlling geographic chokepoints, just by controlling these key elements of the globalized economy. government that creates chokepoints. government? And it’s what’s given the U.S.

Portfolio