Mish Talk

NOVEMBER 26, 2022

The Fed failed to do that in 2002 and 2008 and before that in the Long Term Capital Management bailout. When you continually bail out financial institutions and set interest rates too low, you foster if not outright encourage speculative manias. What about the knowledge gained?

Banking 223

Banking Investing Investments Management 223

The Big Picture

MAY 15, 2023

By the time the (then tech-focused) index made its low in October 2002, CSCO had plummeted 85.7% On March 27th, 2000, a mere 2 weeks after this cover story, the stock peaked. It has since been one of the poorest performers on the Nasdaq. It didn’t quite get to a trillion either, peaking a little more than halfway there, at $556.74B.

Marketing 333

Marketing Marketing Management 333

The Big Picture

OCTOBER 31, 2022

The Atlantic ). • “Thank You, and Goodbye” On October 30, 2002, a cancer-stricken Warren Zevon returned to the ‘Late Show With David Letterman’ stage for one last performance. . • It’s a Bad Time to Be a Booster Slacker : Americans aren’t getting the new bivalent COVID shot. What does that mean for the looming winter wave? ( The Ringer ).

Engineering 264

Engineering Economics Assets Media 264

The Big Picture

JANUARY 13, 2023

the rocket launch company he founded in 2002, before he got involved at Tesla. . • Elon Musk Might Never Be the World’s Richest Person Again : It’s not just that he became the first person in history to have $200 billion erased from their personal fortune.

Media 276

Media Transportation Engineering Distribution 276

NAIFA Advisor Today

DECEMBER 2, 2024

Wallene Leek, RICP, FSCP, LTCP, LUTCF , loyal member since 2002, has a remarkable career that illustrates the transformative power of life insurance and the importance of passing on knowledge and values to future generations.

Insurance 97

Insurance 97

Wealth Management

DECEMBER 14, 2023

Williams, a former Chicago Bulls basketball player who was the second overall pick in the 2002 NBA draft, co-founded Simatree, a strategic advisory firm focused on data, analytics and technology consultation.

Consulting 113

Consulting 113

The Big Picture

DECEMBER 9, 2023

In 2002, Tillinghast was named “ Morningstar’s Domestic Stock Fund Manager of the Year.” Tillinghast launched Fidelity’s Low-Priced Stock (FLPSX) in 1989, and has trounced the averages ever since. Since inception, FLPSX has annually beaten the S&P 500 by over 3% and the Russell 2000 by over 4%.

Management 195

Management Portfolio Management Investing Investments 195

The Big Picture

JANUARY 3, 2023

– Dot Com Implosion, March 2003 : After making a provisional low in October 2002, the dot com collapse reached its nadir in March 2003 coinciding with the launch of the Iraq invasion by the United States. The rally from those lows were close to a market double by the time we saw the next peak in October 2007.

Economy 328

Economy Economics Portfolio Marketing 328

Calculated Risk

AUGUST 9, 2022

This graph shows the Dodge Momentum Index since 2002. The commercial component was 15% higher, while the institutional component was 3% lower than a year ago.July 2021. emphasis added Click on graph for larger image. The index was at 178.7 in July, up from 173.6

Healthcare 145

Healthcare Education Planning 145

Abnormal Returns

OCTOBER 23, 2022

awealthofcommonsense.com) A visualization of the largest public companies by market cap from 2002-2022. (awealthofcommonsense.com) A bear market provides different opportunities for different generations. visualcapitalist.com) Why investors should pay more attention the 40 in a 60/40 portfolio.

Portfolio 125

Portfolio Marketing Marketing 125

Alpha Architect

SEPTEMBER 5, 2024

My analysis suggests that, between July 2002 and July 2024, the bond ETF wins under a variety of realistic assumptions. However, bond futures may be compelling for high-tax investors, especially if they can find a tax-efficient cash solution.

Taxes 111

Taxes 111

Calculated Risk

AUGUST 8, 2024

This graph shows the Dodge Momentum Index since 2002. The DMI is a monthly measure of the value of nonresidential building projects going into planning, shown to lead construction spending for nonresidential buildings by a full year. emphasis added Click on graph for larger image. The index was at 198.6 in June, up from 1179.9

Healthcare 132

Healthcare Planning Retail Economics 132

The Big Picture

JANUARY 8, 2024

Besides 2022, recent examples include 2018, 2000, and 2002 (the recession was in 2001). Since 1928, markets have fallen in non-recessionary years only 16 times, and 2022 was one of those exceptions (down 19.4%).

Economy 331

Economy Banking Marketing Marketing 331

Calculated Risk

DECEMBER 9, 2022

This graph shows the Dodge Momentum Index since 2002. The DMI is a monthly measure of the initial report for nonresidential building projects in planning, shown to lead construction spending for nonresidential buildings by a full year. emphasis added Click on graph for larger image. The index was at 207.2 in November, up from 199.7

Healthcare 143

Healthcare Education Planning Government 143

The Irrelevant Investor

SEPTEMBER 22, 2022

The only other years with a higher reading since 1990 were 2008 when the S&P fell 38%, and 2002, when it fell 23%. The S&P 500 has declined more than 1% in one out of four days so far in 2022. Mega cap tech stocks have been the best performing stocks for the last decade. That tailwind has now reversed.

Marketing 106

Marketing Marketing 106

The Big Picture

AUGUST 8, 2023

Here are a few Uncertainty Index charts showing 5 years around some big moves — the dotcom implosion, GFC, and Covid-19 — where prescience would have been helpful: 1997-2002 Macroeconomic Uncertainty Index 2006-2011 Macroeconomic Uncertainty Index 2017-2022 Macroeconomic Uncertainty Index It is a heavy lift to generate something that would (..)

Distribution 246

Distribution Economics Communication Media 246

Wealth Management

NOVEMBER 16, 2022

A review of the topics of interest to estate planners.

Planning 52

Planning 52

Wealth Management

APRIL 11, 2023

Blackstone’s latest fund is the largest of that type, according to PitchBook data going back to 2002. The company secured $30.4 billion of total capital commitments for the fund, called Blackstone Real Estate Partners X, according to a statement Tuesday.

92

92

Calculated Risk

APRIL 8, 2024

This graph shows the Dodge Momentum Index since 2002. The DMI is a monthly measure of the value of nonresidential building projects going into planning, shown to lead construction spending for nonresidential buildings by a full year. emphasis added Click on graph for larger image. The index was at 164.0 in March, down from 179.5

Education 122

Education Planning Accounting Economics 122

Abnormal Returns

OCTOBER 18, 2022

on.ft.com) A visualization of the largest public companies by market cap from 2002-2022. Markets A sizable chunk of the companies that went public from 2019-21 are trading below their IPO price. visualcapitalist.com) Companies Combining News ($NWS) and Fox ($FOX) is about Rupert Murdoch, not shareholder value.

Startup 130

Startup Recruitment Financial Advising Media 130

The Big Picture

OCTOBER 14, 2022

Be sure to check out our Masters in Business this week with Tom Rampulla, managing director of Vanguard’s Financial Advisor Services division since 2002. Billboard ). He runs the business that provides investments, services, education, and research to more than 1,000 financial advisory firms representing more than $3 trillion in assets.

Insurance 173

Insurance Economics Financial Advisor Education 173

Calculated Risk

NOVEMBER 8, 2022

This graph shows the Dodge Momentum Index since 2002. As we move into next year, however, labor and supply shortages, high material costs and high interest rates will likely temper planning activity back to a more moderate pace.” emphasis added Click on graph for larger image. The index was at 199.7 in October, up from 182.2 in September.

Healthcare 125

Healthcare Education Planning Economics 125

Calculated Risk

OCTOBER 19, 2022

percent – the highest level since 2002,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. The unadjusted Purchase Index decreased 3 percent compared with the previous week and was 38 percent lower than the same week one year ago.

Sales 144

Sales Marketing Marketing 144

Calculated Risk

NOVEMBER 2, 2022

percent, but remained close to its highest since 2002,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “Mortgage applications declined for the sixth consecutive week despite a slight drop in rates. The 30-year fixed rate decreased for the first time in over two months to 7.06

Sales 143

Sales Marketing Marketing 143

Calculated Risk

SEPTEMBER 10, 2024

This graph shows the Dodge Momentum Index since 2002. The DMI is a monthly measure of the value of nonresidential building projects going into planning, shown to lead construction spending for nonresidential buildings by a full year. emphasis added Click on graph for larger image. The index was at 220.4 in August, up from 214.2

Healthcare 120

Healthcare Planning Retail Economics 120

Calculated Risk

JULY 10, 2024

This graph shows the Dodge Momentum Index since 2002. The DMI is a monthly measure of the value of nonresidential building projects going into planning, shown to lead construction spending for nonresidential buildings by a full year. emphasis added Click on graph for larger image. The index was at 198.6 in June, up from 1179.9

Healthcare 111

Healthcare Planning Education Retail 111

The Big Picture

OCTOBER 19, 2022

Be sure to check out our Masters in Business this week with Tom Rampulla, managing director of Vanguard’s Financial Advisor Services division since 2002. . • NBA Power Rankings: Warriors at No. The Athletic ). What a Stock Market Bottom Looks Like.

Ethics 147

Ethics Financial Advisor Education Management 147

Calculated Risk

SEPTEMBER 11, 2023

This graph shows the Dodge Momentum Index since 2002. The DMI is a monthly measure of the initial report for nonresidential building projects in planning, shown to lead construction spending for nonresidential buildings by a full year. emphasis added Click on graph for larger image. The index was at 178.0 in August, down from 190.3

Healthcare 121

Healthcare Planning Education Economics 121

Calculated Risk

SEPTEMBER 9, 2022

This graph shows the Dodge Momentum Index since 2002. The commercial component was 16% higher, and the institutional component was 10% higher than a year ago. emphasis added Click on graph for larger image. The index was at 171.9 in August, down from 174.0

Healthcare 105

Healthcare Planning 105

Million Dollar Round Table (MDRT)

FEBRUARY 23, 2023

Between 2002 and 2004, his investments caught up to him. Heckert, CLU, ChFC , a 35-year member from Nashville, Illinois. Earlier in his career, thanks to his professional success, he accumulated other businesses including a car wash and multiple shoe stores. There were times when his credit card was declined, which was a humbling experience.

Insurance 88

Insurance Sales Clients Investing 88

XY Planning Network

MAY 21, 2024

Since its approval by the SEC in 2002, the Internet Adviser Exemption has gained increasing popularity and interest among advisers as a possible path to SEC registration, especially if the adviser may not otherwise qualify for federal registration.

Financial Planning 79

Financial Planning Clients Planning Management 79

Calculated Risk

MAY 8, 2024

This graph shows the Dodge Momentum Index since 2002. The DMI is a monthly measure of the value of nonresidential building projects going into planning, shown to lead construction spending for nonresidential buildings by a full year. emphasis added Click on graph for larger image. The index was at 173.9 in April, up from 164.0

Healthcare 107

Healthcare Planning Education Economics 107

Calculated Risk

OCTOBER 10, 2022

This graph shows the Dodge Momentum Index since 2002. On a year-over-year basis, the DMI was 26% higher than September in 2021; the commercial component was up 25%, and institutional planning was 28% higher. emphasis added Click on graph for larger image. The index was at 183.2 in September, up from 173.4

Healthcare 105

Healthcare Education Planning 105

Advisor Perspectives

DECEMBER 24, 2022

Technology stocks are headed for their worst December since the bursting of the dotcom bubble two decades ago as optimism about potential relief from Federal Reserve interest-rate hikes fades on signs of labor-market strength.

Marketing 52

Marketing Marketing 52

Calculated Risk

JANUARY 9, 2023

This graph shows the Dodge Momentum Index since 2002. The DMI is a monthly measure of the initial report for nonresidential building projects in planning, shown to lead construction spending for nonresidential buildings by a full year. emphasis added Click on graph for larger image. The index was at 222.2 in December, up from 208.3

Healthcare 105

Healthcare Education Retail Planning 105

Calculated Risk

MAY 9, 2023

This graph shows the Dodge Momentum Index since 2002. The DMI is a monthly measure of the initial report for nonresidential building projects in planning, shown to lead construction spending for nonresidential buildings by a full year. emphasis added Click on graph for larger image. The index was at 180.9 in April, down from 190.6

Healthcare 103

Healthcare Economics Education Planning 103

Calculated Risk

MARCH 7, 2023

This graph shows the Dodge Momentum Index since 2002. The DMI is a monthly measure of the initial report for nonresidential building projects in planning, shown to lead construction spending for nonresidential buildings by a full year. emphasis added Click on graph for larger image. The index was at 203.0 in February, up from 199.3

Healthcare 110

Healthcare Economics Planning Education 110