The Big Picture

MAY 30, 2023

I had an economics lesson, I had a life lesson, I had an epiphany, I had a race relations lesson, I had a self-esteem and confidence lesson. Being broke is economic, but being poor is a disabling frame of mind, a depressed condition of your spirit. It’s home economics class, doesn’t exist anymore. RITHOLTZ: Right.

Banking 147

Banking Economics Business Planning Economy 147

James Hendries

OCTOBER 18, 2022

The challenges are many, with intense cost pressures and slowing economic growth at the top of the list. These headwinds include slower economic growth, cost pressures amid high inflation, ongoing supply chain issues, geopolitical instability in Europe and Asia, and significant currency drag from a very strong U.S. Numerous Headwinds.

Marketing 52

Marketing Marketing Valuation Economics 52

James Hendries

JANUARY 26, 2023

falls into recession, the chances are it would occur during the first half of 2023 and will not likely be as deep as the 2008 recession, which was initiated by a fundamentally flawed financial market. Any economic forecasts set forth may not develop as predicted and are subject to change. If the U.S. Our take: The U.S.

Marketing 52

Marketing Marketing Economy Economics 52

James Hendries

AUGUST 15, 2022

Market strategists and pundits make the relationship between recessions and the stock market seem binary, but each economic contraction is different and has different effects on earnings. First, keep in mind that stocks tend to look forward by four to six months and can provide warnings of changing economic conditions. How can this be?

Marketing 52

Marketing Marketing Economy Valuation 52

James Hendries

JUNE 26, 2023

The median performance, at 25.4%, is a better representation of where stocks might normally be at this stage because it takes out the ferocious V-shaped rebounds coming out of the 2008-2009 Great Financial Crisis and the early stages of the pandemic in March 2020. Insurance products are offered through LPL or its licensed affiliates.

Marketing 52

Marketing Marketing Asset Allocation Valuation 52

The Better Letter

FEBRUARY 17, 2022

That reference grants me license to revisit this wonderful clip of Jon Stewart’s appearance on that now long-dead CNN show. If there is one thing economists agree on, one seminal idea undergirding the study of economics, it’s that incentives matter. It isn’t hard to see who won. Truly, though, Jon expected too much.

Pharmaceutical 52

Pharmaceutical Government License Advertising 52

The Big Picture

OCTOBER 24, 2022

So I leave the Bureau of Labor Statistics and I move into economic consulting. NORTON: So in 2008, I just received my CFA charter, and I was beginning to look around and think about, you know, where else would I want to go in this company or outside the company. And so I tossed my hat in the ring and moved over in October 15, 2008.

Portfolio 130

Portfolio Management Assets Investing 130

The Big Picture

AUGUST 20, 2024

We were one of the last to get what’s called a value added license to the compus stat database. Things like leading economic indicators, et cetera, are all consistent with historical recessions. In 2008, we didn’t have Uber, right? That actually is exactly what we ended up doing.

Assets 173

Assets Management Portfolio Taxes 173

The Big Picture

SEPTEMBER 5, 2023

And in 2008, that same journalist came to me and said, this is the guy who told us three years ago that this was going to happen. Like what are the economic costs of what’s going on with all of these climate-related disasters we keep seeing. RITHOLTZ: Wow. Does it become harder to get insurance?

Sales 130

Sales Numbers Taxes Marketing 130

Sara Grillo

SEPTEMBER 26, 2022

Robert completed His Undergraduate Degree at The University of Utah in Economics and his Master of Science in Advanced Personal Financial Planning at Kansas State University. Prior to joining Advocacy Wealth Management in 2022, Robert served in a variety of positions at Fidelity Investments and Morgan Stanley as a Financial Consultant.

CFP 59

CFP Financial Advisor Financial Planner Ethics 59

ClearMoney

DECEMBER 5, 2021

Exhibit 1 shows that roughly half the Organization of Economic Co-operation and Development (OECD) member countries have general government debt-to-gross domestic product2 (debt/GDP) ratios above 70%, with 10 countries—including the US, Japan, and the United Kingdom (UK)—exceeding 100%. Trading Economics. Crowding Out.”

Government 52

Government Commission Economics Distribution 52

ClearMoney

DECEMBER 5, 2021

Exhibit 1 shows that roughly half the Organization of Economic Co-operation and Development (OECD) member countries have general government debt-to-gross domestic product2 (debt/GDP) ratios above 70%, with 10 countries—including the US, Japan, and the United Kingdom (UK)—exceeding 100%. Trading Economics. Crowding Out.”

Government 52

Government Commission Economics Distribution 52

ClearMoney

FEBRUARY 22, 2022

Motivated by the substantial payoff associated with successful timing, researchers over the years have examined a wide range of strategies based on analysis of earnings, dividends, interest rates, economic growth, investor sentiment, stock price patterns, and so on. This indicator had correctly foreshadowed major downturns in 1987 and 2008.

Asset Allocation 52

Asset Allocation Commission Portfolio Assets 52

The Big Picture

DECEMBER 26, 2023

And I’m sitting there like, man, I’m glad I’m not licensed yet, because, you know, the last thing I wanna do is, you know, get booted outta the business before I even start. And I just remember the weekend of, you know, the shotgun wedding, you know, in 2008. I’m like, well, you know what?

Marketing 162

Marketing Marketing Financial Advisor Clients 162

The Big Picture

JUNE 20, 2023

Talk to people who try and get licensed to do insurance things, or if there’s a failure to pay out a policy in the litigation that follows. MORGENSON: It stopped outperforming in like the mid-2000s or towards 2008. MORGENSON: And it was, so Steve was a candidate that had economic ideas, okay? RITHOLTZ: I can imagine.

Insurance 147

Insurance Healthcare Retail Medicine 147

James Hendries

JULY 6, 2022

But our belief is that this economic and profit environment is better than in the early 1990s, early 2000s, or 2008-2009 and therefore supports higher valuations. For instance copper, often referred to as Dr. Copper for its ability to forecast economic conditions, just hit its lowest level since February 2021.

Marketing 52

Marketing Marketing Valuation Economy 52

The Big Picture

NOVEMBER 25, 2024

Would you license these models to me? There’s very few, I would argue probably no consistent predictors of, of any sort of economic or market cyclicality. And then what happened in, in 2008? 00:30:52 [Speaker Changed] You have four big problems that happen in 2008. Oh yeah, for sure. Absolutely.

Portfolio 147

Portfolio Management Assets Marketing 147

James Hendries

JULY 21, 2022

So far, this year hasn’t seen a full-blown crisis like 2008–2009 or 2020, but the ride has been very bumpy. Understandably, rising prices, slowing economic growth, and a challenging first half for both stocks and bonds have many investors on edge, and fatigue from more than two years of COVID-19 measures doesn’t make it any easier.

Management 52

Management Marketing Marketing Valuation 52

The Big Picture

AUGUST 22, 2023

CASS SUNSTEIN, FOUNDER, HARVARD LAW SCHOOL’S PROGRAM ON BEHAVIORAL ECONOMICS AND PUBLIC POLICY: Thank you, a great pleasure to be here. RITHOLTZ: There’s nobody in the world of economics or behavioral finance like Dick Thaler. I thought law and economics was extremely important and kind of on the right track.

Economics 245

Economics Media Government Numbers 245

James Hendries

NOVEMBER 8, 2022

These runoffs do happen: In 2022 both Georgia Senate seats went to a runoff, as did Georgia Senate election in 1992 and 2008. Policy itself can be difficult to forecast, and economic factors often overwhelm the impact on markets. But as seen in the energy example above, larger economic forces tend to be more meaningful.

Marketing 52

Marketing Marketing Government Banking 52