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Sunday links: policy blunders

Abnormal Returns

wsj.com) Revolut now has a UK banking license. nytimes.com) The number of Americans earning the minimum wage keeps shrinking. (allstarcharts.com) It's not just the U.S. that is seeing fewer publicly traded companies. apolloacademy.com) Finance How cold-storage operator Lineage ($LINE) became the biggest IPO of 2024 so far.

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Sunday links: too many theories

Abnormal Returns

institutionalinvestor.com) Amazon Amazon ($AMZN) is increasing the number of same-day shipping options. npr.org) Occupational licensing is out of control. theatlantic.com) Economy Menzie Chinn, "Strong labor market, spending and income numbers all suggest no recession in place yet."

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How Much will the Fannie & Freddie Conforming Loan Limit Change for 2024?

Calculated Risk

There are also different loan limits depending on the number of units (from 1 to 4 units). And how much will the FHA insured loan limits change? First, there are different loan limits for various geographical areas. For example, currently the CLL is $726,200 for one-unit properties in low-cost areas.

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10 Monday AM Reads

The Big Picture

You can build a record when in terrible years you’re up zero to five (per cent) and then throw a couple of 50s and 60s and the numbers look pretty good over time … ( Financial Times ) • The Line Is Blurring Between Remote Workers and Tourists : Economic development has fundamentally changed. And when you don’t see the ball, don’t swing.

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Weekend Reading For Financial Planners (June 10-11)

Nerd's Eye View

And given the opaque nature of many private investments, financial advisors could play an important role in helping their clients assess whether these opportunities make sense for their portfolio and broader financial plan.

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: New York increases the number of conditional adult-use retail dispensary licenses to 300 from 150

MarketWatch

The New York State Office of Cannabis Management on Thursday said it’s increasing the number of conditional adult-use retail dispensary licenses to 300 from 150. At last check, the state has issued 66 provisional conditional adult-use retail dispensary (CAURD) licenses and four dispensaries have opened.

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The Latest In Financial #AdvisorTech (June 2023)

Nerd's Eye View

This month's edition kicks off with the news that Riskalyze has completed its previously-announced rebranding, and will now be known as “Nitrogen”, a ”growth platform” for advisory firms – which represents less of a shift in the platform’s core function (given that Riskalyze’s risk tolerance tool was always (..)