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Adviser links: limited progress

Abnormal Returns

thinkadvisor.com) Advisers Financial planning is seeing a battle between growing complexity and rising technology. kitces.com) Client's lives are growing more complex. crr.bc.edu) How AI is going to help us track our lives. kitces.com) Thomas Kopelman and Jacob Turner talk Roth IRA conversions with Steven Jarvis.

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Podcast links: the year in AI

Abnormal Returns

rationalreminder.libsyn.com) Frederick Geischen talks with Lyn Alden author of "Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better." podcasts.apple.com) Conan O'Brien talks with comedia Gary Gulman about his new book "Misfit: Growing Up Awkward in the '80s." podcasts.apple.com)

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Sunday links: clinging to bad ideas

Abnormal Returns

(awealthofcommonsense.com) Index funds are growing. newsletter.abnormalreturns.com) Mixed media How demographics rules everything around us. So is their impact. theirrelevantinvestor.com) Ian Cassel, "Buffett has been compounding his reputation for 70 years with investors, operators, financiers, world leaders, everyone. nytimes.com)

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March 2024 State Coincident Indexes Ease

The Big Picture

” Because our imports rose 7.2%, versus our exports growing only 0.9%, the net is negative. This brings us to State coincident indexes for the 50 states for March 2024: “Over the past three months, the indexes increased in 44 states, decreased in five states, and remained stable in one, for a three-month diffusion index of 78.”

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Friday links: a less predictable world

Abnormal Returns

joincolossus.com) Crypto riches could fuel another bull market in used Rolexes. nytimes.com) Laundry Laundry has a growing microplastics problem. calculatedriskblog.com) The US yield curve has been inverted for 424 days straight. Crypto How spot Bitcoin ETFs are managed in real life. grist.org) This is the future of laundry.

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10 Friday AM Reads

The Big Picture

Between spaces completed since 2020 and what’s still in the pipeline, the office market will grow nearly 25 percent — the fastest rate on the continent. Washington Post ) • BYD: The top electric car maker that is not Tesla : BYD is now ahead of Tesla in quarterly production – and second to the US car maker in global sales.

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10 Friday AM Reads

The Big Picture

Wall Street Journal ) see also The 10 Greatest US Investors and the Virtues That Made Them : There can be few fields of human endeavor in which history counts for so little as in the world of finance. Finally, it would be dangerous to extrapolate the post-1990 outperformance of US equities, as it mainly reflects rising relative valuations.

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