The Better Letter

MARCH 18, 2025

Both 2021 and 2022 each had 14 upsets; there were 10 upsets in 2023 and nine in 2024, if only three in 2007. Rumor had it that this was part of a quiet agreement between regulators and internal compliance officials, who were understandably concerned about what had gone on. Between 1985 and 2024, there were 8.5 It was even enforced.

Numbers 75

Numbers Marketing Marketing Medicine 75

Carson Wealth

NOVEMBER 13, 2023

It’s also 40% above the 2010-2019 average and 4% above the 2005-2007 average. Compliance Case # 01979041_111323_C The post Market Commentary: Fundamentals May Be Aligned for Solid Stock Gains in 2024 appeared first on Carson Wealth. What About Artificial intelligence (AI)?

Marketing 96

Marketing Marketing Economy Startup 96

Carson Wealth

SEPTEMBER 9, 2024

from 2005-2007. Compliance Case # 02400621_090924_C The post Market Commentary: Slow Start to Historically Worst Month of the Year appeared first on Carson Wealth. The layoff rate, which is layoffs as a percent of employment, is running at 1.1%. That’s historically low. For perspective, it was running around 1.2-1.3%

Marketing 72

Marketing Marketing Economy Economics 72

Carson Wealth

MARCH 20, 2023

Lastly, the Financial Select Sector SPDR ETF remains above the 2007 peak. Compliance Case # 01697852 The post Market Commentary: The Latest on the Banking Crisis appeared first on Carson Wealth. The bottom line is the banking crisis is not over yet, but we don’t think the issues will spread to the entire system.

Banking 52

Banking Marketing Marketing Startup 52

Carson Wealth

JUNE 12, 2023

We found there were two times during the tech bubble that stocks gained 20% and again moved to new lows, and it also happened during the global financial crisis of 2007-2009. Compliance Case # 01795338 The post Market Commentary: A New Bull Market is Here appeared first on Carson Wealth.

Marketing 52

Marketing Marketing Economy Manufacturing 52

Carson Wealth

MARCH 27, 2023

This is the ninth straight rate increase and brings rates to their highest level since 2007. Compliance Case # 01705649 The post Market Commentary: Stocks Are Quite Resilient appeared first on Carson Wealth. Up until early February, Fed officials expected to raise rates to a maximum of about 5.1% and hold them there for a while.

Marketing 52

Marketing Marketing Banking Economics 52

Carson Wealth

MAY 22, 2023

We reviewed single-family housing starts across the five recessions that preceded the pandemic-led 2020 recession, including 1980, 1981-1982, 1990-1991, 2001, and 2007-2009. Compliance Case # 01772498 The post Market Commentary: Stocks Keep Chugging Along appeared first on Carson Wealth.

Marketing 52

Marketing Marketing Economy Economics 52

The Big Picture

MAY 9, 2023

One, when people have asked me to compare and contrast today versus 2007, 2008, what you hear from a lot of people is, yes, there’s some fairly heady valuations. And at the time, we were going through a lot of regulatory change. Capital rules were changing. Risk appetite was changing. And then you see some surprise events.

Assets 299

Assets Clients Investing Investments 299

The Big Picture

AUGUST 15, 2023

SEIDES: John Yeah, I said back then, the bet started in 2007 and I say today, being in the market and investing in hedge funds is completely apples and oranges. This is the summer of 2007. RITHOLTZ: 2007. Let me say what your compliance wouldn’t allow you to say. So back in 2007. And what was his response?

Management 130

Management Investing Investments Government 130

The Big Picture

FEBRUARY 6, 2024

And ev all the sort of compliance, client service, legal, kind of, everything was done sort of on the side by investment people. And I can tell you from personal experience, us finance people, we’re not great at accounting, legal, compliance, all the detail and stuff that, that keeps the firm running.

Valuation 130

Valuation Investing Investments Assets 130

Brown Advisory

JUNE 12, 2017

In the last 10 years, 2007 through 2016, Berkshire’s shareholders’ equity per share and share price compounded at roughly 9.3% All the big brokerage firms have large compliance departments, and they should. Berkshire’s share price and shareholders’ equity per share have compounded at an amazing pace that is almost twice the 9.7%

Investing 52

Investing Investments Ethics Taxes 52

Brown Advisory

JUNE 12, 2017

In the last 10 years, 2007 through 2016, Berkshire’s shareholders’ equity per share and share price compounded at roughly 9.3% All the big brokerage firms have large compliance departments, and they should. Berkshire’s share price and shareholders’ equity per share have compounded at an amazing pace that is almost twice the 9.7%

Investing 52

Investing Investments Ethics Taxes 52

The Big Picture

SEPTEMBER 5, 2023

And it’s literally, “Are You Missing the Real Estate Boom” was 2005, and then the 2006 edition, Same book, different cover, “Why the Real Estate Boom Will Not Bust” and “How You Can Profit From It Now” and then the 2007 version of the exact same book, “All Real Estate Is Local.” ” MILLER: Yeah.

Sales 130

Sales Numbers Marketing Marketing 130

The Big Picture

DECEMBER 14, 2022

RITHOLTZ: Are we going to get a red flag from a compliance, or is that an official statement we could use? You could argue buying that in 2007 was the worst possible time. We’ve had 16 percent net returns on all of the capital we’ve invested over 30 years. RITHOLTZ: 16 percent annually, net of fee? RITHOLTZ: Of course.

Assets 162

Assets Investing Investments Portfolio 162

Carson Wealth

FEBRUARY 24, 2025

However, its lower than the minimum we saw during the 2003-2007 expansion cycle. Compliance Case # 7667418.1_022425_C The post Market Commentary: Seeing the Big Picture – Stocks Still Making New Highs and Household Balance Sheets Are Healthy appeared first on Carson Wealth.

Marketing 85

Marketing Marketing Economy Planning 85

The Big Picture

NOVEMBER 25, 2024

You know, you run an RIA, the SEC just comes knocking every once in a while to say, Hey, just wanna make sure the compliance program’s all set up. And there was one conversation very early in my career, this was actually 2007, where I was interviewing with an asset manager and I pre-meeting, asked them what they thought of the market.

Portfolio 147

Portfolio Management Marketing Marketing 147

Carson Wealth

SEPTEMBER 3, 2024

Yes, stocks hit new highs right before COVID and in early 2007, but the great majority of the other times over the past generation new highs have meant an economy that was growing, not an economy in a recession. And the last time it hit a new high during a recession was in late 1982, which also kicked off a huge bull market.

Marketing 142

Marketing Marketing Taxes Economy 142