The Big Picture

AUGUST 31, 2023

The PCE price index increased 0.2 Excluding food and energy, the PCE price index increased 0.2 percent and services increased 0.4 percent and services increased 0.4 The Fed’s favored inflation report was a 2.1% annualized (3 months through July) and 3.3% year-over-year. Here is BEA: Personal income increased $45.0

Food 257

Food Taxes Economics 257

Calculated Risk

APRIL 15, 2024

retail and food services sales for March 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $709.6 This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). Retail and Food service sales, ex-gasoline, increased by 4.4%

Retail 114

Retail Sales Food 114

Nerd's Eye View

MAY 12, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that a recent study found that clients of advisors providing comprehensive planning services are significantly more satisfied than those receiving a lower tier of service. Read More.

Financial Planner 207

Financial Planner Tax Planning Clients Valuation 207

Abnormal Returns

JANUARY 12, 2024

(awealthofcommonsense.com) Bitcoin The spot Bitcoin ETF price war rolls on. axios.com) Economy There is little pressure on producer prices. bonddad.blogspot.com) Service sector employment seems to be re-accelerating. blockworks.co) How are the spot Bitcoin ETFs tracking? bbc.com) 99% of Americans live near a Mexican restaurant.

Financial Advising 238

Financial Advising Media Economy Economics 238

Nerd's Eye View

SEPTEMBER 4, 2023

Welcome to the September 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Startup 225

Startup Financial Advisor Clients Financial Planning 225

Calculated Risk

MARCH 12, 2024

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 graph shows the YoY price change for Services and Services less rent of shelter through February 2024. Services were up 5.0% Services were up 5.0%

Food 117

Food 117

Calculated Risk

FEBRUARY 13, 2024

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 graph shows the YoY price change for Services and Services less rent of shelter through January 2024. Services were up 5.0% YoY in December.

Food 124

Food 124

Abnormal Returns

SEPTEMBER 26, 2023

riabiz.com) Streaming Some one is going own 100% of Hulu, the only question is price. ft.com) Why ads are now the norm on streaming services. nytimes.com) Housing Housing prices are high, but are they in a bubble? theirrelevantinvestor.com) Case-Shiller shows a 1% increase in home prices year-over-year through July.

Asset Allocation 253

Asset Allocation Financial Advising Assets Media 253

Abnormal Returns

DECEMBER 31, 2023

entrylevel.topdowncharts.com) Bitcoin A price war has already broken out for the yet-to-be-launched spot Bitcoin ETF. cnbc.com) Boeing ($BA) stock is below where it was before the Covid pandemic (on.ft.com) Uber ($UBER) provide a public service by reducing alcohol-related traffic fatalities. ft.com) How Dry January became a thing.

Financial Advising 227

Financial Advising Medical Economy Economics 227

The Big Picture

OCTOBER 25, 2022

We shifted our consumption habits from services to goods; quite a few of us bought homes and moved out of dense cities. Many prices began to come back down to earth: Lumber, Copper, USed Cars, Gasoline, Oil, Nat Gas, Sugar, Beef, Avocados, even Chicken Wings fell substantially from their peaks. That leaves Services. What gives?

Government 275

Government Assets Retail Manufacturing 275

Nerd's Eye View

APRIL 18, 2024

For many firm owners, an internal succession plan can be an attractive strategy to sell their practice, as it provides both continuity of service for clients and opportunities for the next generation of advisors to become firm owners themselves.

Planning 130

Planning Valuation Sales Financial Advice 130

The Big Picture

MAY 3, 2023

While the word “ Transitory ” has gotten a bad rap, many of the pandemic-related pricing issues, including supply chains, lumber, shipping container costs, and semiconductor availability have improved, driving prices lower, and often back to pre-pandemic levels. The truth is we simply don’t know.

Economy 353

Economy 353

Nerd's Eye View

MARCH 20, 2023

In part, this is due to the many commission-based advisors whose compensation depends on the sale of insurance or investment products, where the price that a client pays is baked into the price of the product or is included in (often opaque) fees associated with buying, selling, and/or holding the investment.

Communication 231

Communication Planning Financial Planning Fee Only 231

The Big Picture

APRIL 27, 2023

Consumers are still spending, but in many areas, it is a case of price over volume due to the impact of elevated (but slowing) price increases. Previously : The Tide of Price over Volume (April 21, 2023) Signs of Softening (July 29, 2022) Are We in a Recession? consensus — but also included a consumption gain of 4%.

Economy 289

Economy Economics Numbers Banking 289

Nerd's Eye View

NOVEMBER 30, 2023

Yet, a more direct and potentially immediate revenue-boosting solution is for advisors to adjust their firm's fee structure, aligning their fees with the true value of their services – which often results in significantly higher profitably!

Math 183

Math Clients Financial Advisor Communication 183

Mish Talk

DECEMBER 5, 2022

Please consider the November 2022 Services ISM ® Report On Business ® Economic activity in the services sector grew in November for the 30th month in a row — with the Services PMI ® registering 56.5 The Prices Index was down 0.7 The latest headline figure indicated a solid decrease in output at service providers.

Economy 190

Economy Manufacturing Economics Healthcare 190

Nerd's Eye View

MAY 8, 2023

Traditionally, financial advice and tax preparation have existed as 2 related, but separate, services. Furthermore, similarly structuring the client service calendar for the remainder of the year to focus on specific topics at set times (e.g.,

Taxes 229

Taxes Financial Planning Financial Advisor Electronics 229

The Big Picture

OCTOBER 15, 2022

This week, we speak with Thomas Rampulla, managing director of Vanguard’s Financial Advisor Services. The division provides investments, services, education and research to more than 1,000 financial advisory firms representing more than $3 trillion in assets. The mere threat of Vanguard moving into a space drive prices lower.

Financial Advisor 290

Financial Advisor Education Retail Management 290

Calculated Risk

MARCH 29, 2024

The PCE price index increased 0.3 Excluding food and energy, the PCE price index increased 0.3 percent and services increased 0.6 emphasis added The February PCE price index increased 2.5 percent and services increased 0.6 emphasis added The February PCE price index increased 2.5 billion (0.3 billion (0.2

Food 113

Food Taxes Economics 113

The Big Picture

AUGUST 5, 2022

But most intriguing of all, the company has built a novel pricing strategy. VinFast has a unique business model in which buyers pay one price for the vehicle, but then lease the battery for a monthly fee. They plan to sell two all-electric sport-utility vehicles in the U.S. Source: CleanTechnica.

Planning 274

Planning Marketing Marketing 274

Carson Wealth

APRIL 15, 2024

The March Consumer Price Index (CPI) report was an unwelcome surprise. Inflation within every other major category, including food prices, vehicle prices, and even household furnishings, apparel, airfares, and hotels prices, has eased relative to last June. We want to stress that this isn’t something to fear.

Marketing 97

Marketing Marketing Food Insurance 97

Calculated Risk

JANUARY 17, 2024

retail and food services sales for December 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $709.9 This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). Retail and Food service sales, ex-gasoline, increased by 6.5%

Retail 118

Retail Sales Food 118

The Big Picture

DECEMBER 16, 2022

Let’s give the Fed some credit: They know goods’ inflation peaked months ago – they can see the prices of oil, lumber, used cars, shipping containers, etc. Today, it appears they are repeating that same error, late to recognize inflation peaked in June and goods’ prices have fallen dramatically.

Economics 297

Economics Banking Marketing Marketing 297

Calculated Risk

APRIL 17, 2024

Several reports mentioned weakness in discretionary spending, as consumers' price sensitivity remained elevated. Contacts reported slight increases in nonfinancial services activity, on average, and bank lending was roughly flat overall. Tourism activity increased modestly, on average, but reports varied widely. emphasis added

Economics 105

Economics Manufacturing Sales Banking 105

Calculated Risk

MAY 10, 2023

This graph shows the YoY price change for Services and Services less rent of shelter through March 2023. Services were up 6.8% Services less rent of shelter was up 5.2% Will services ex-shelter inflation be persistent, or will it follow a similar pattern as goods? Click on graph for larger image.

Food 145

Food Economics 145

The Big Picture

OCTOBER 14, 2022

Check out the BAML chart above: Core goods are coming down ( that’s good! ), but core services are still rising ( that’s bad! ). Rent is nearly half of CPI (and most of the services portion), so consider alternative measures of rent — they show it’s not as hot as officially reported ( which is good!

Risk Tolerance 329

Risk Tolerance Sales Marketing Marketing 329

Nerd's Eye View

MARCH 22, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the SEC has recently been cracking down on firms for recordkeeping failures related to electronic communications, including their use of text messaging with prospects and clients. Read More.

Financial Planner 221

Financial Planner Communication Electronics Retirement 221

Calculated Risk

JUNE 13, 2023

This graph shows the YoY price change for Services and Services less rent of shelter through May 2023. Services were up 6.3% Services less rent of shelter was up 4.2% Will services ex-shelter inflation be persistent, or will it follow a similar pattern as goods? Click on graph for larger image. YoY in April.

Food 142

Food Economics 142

Abnormal Returns

FEBRUARY 21, 2024

Rowe Price about non-financial considerations in retirement. bestinterest.blog) What is the IRS' Taxpayer Advocate Service? (open.spotify.com) Thomas Kopelman and Jacob Turner discuss some common personal finance misconceptions. podcasts.apple.com) Chris Williamson talks the laws of human psychology with Morgan Housel.

Retirement 220

Retirement Retirement Planning Portfolio Management Financial Advisor 220

Million Dollar Round Table (MDRT)

APRIL 25, 2024

By Bryce Sanders It is easy to think the financial services industry is engaged in a race to the bottom when there are ads telling people they can trade stocks “for free.” How will clients get service when it’s needed? When clients shop online and find the lowest price, they’re buying from a provider who makes money on volume.

Risk Tolerance 75

Risk Tolerance Financial Advisor Asset Allocation Advertising 75

Calculated Risk

DECEMBER 12, 2023

Here are a few measures of inflation: The first graph is the one Fed Chair Powell had mentioned earlier when services less rent of shelter was up 7.6% This graph shows the YoY price change for Services and Services less rent of shelter through November 2023. Services were up 5.2% year-over-year. YoY in October.

Food 99

Food 99

Calculated Risk

FEBRUARY 29, 2024

The PCE price index increased 0.3 Excluding food and energy, the PCE price index increased 0.4 percent and services increased 0.4 emphasis added The January PCE price index increased 2.4 percent and services increased 0.4 emphasis added The January PCE price index increased 2.4 billion (1.0 billion (0.3

Food 108

Food Taxes Economics 108

Calculated Risk

DECEMBER 14, 2023

retail and food services sales for November 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $705.7 This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). Retail and Food service sales, ex-gasoline, increased by 5.3%

Retail 107

Retail Sales Food 107

Carson Wealth

OCTOBER 23, 2023

Retail and food service sales have increased at an 8.6% Retail and food service sales have increased at an 8.6% With prices slightly lower than they were in early October, it is worth noting that more stocks are above their 50-day moving averages, a sign of potential strength under the surface. 19 on average. 19 on average.

Marketing 143

Marketing Marketing Economy Retail 143

Calculated Risk

OCTOBER 17, 2023

retail and food services sales for September 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $704.9 This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). Retail and Food service sales, ex-gasoline, increased by 4.3%

Retail 115

Retail Sales Food 115

Calculated Risk

JANUARY 26, 2024

The PCE price index increased 0.2 Excluding food and energy, the PCE price index increased 0.2 percent and services increased 0.3 percent emphasis added The December PCE price index increased 2.6 percent and services increased 0.3 percent emphasis added The December PCE price index increased 2.6 billion (0.3

Food 108

Food Taxes Economics 108

Trade Brains

SEPTEMBER 22, 2023

Consumer companies include things like credit cards, small businesses, auto loans, student loans, and merchant services, to name a few. Price to Book Value (%) 6.52 Price to Book Value (%) 2 Net Profit Margin (%) 8.24 Internationally, the company conducts business throughout the Americas, Europe, the Middle East, and Africa.

Portfolio Analysis 116

Portfolio Analysis Portfolio Healthcare Banking 116