Calculated Risk

DECEMBER 8, 2023

The headline jobs number in the November employment report was at expectations, however employment for the previous two months was revised down by 35,000, combined. This graph really shows the collapse in retail hiring in 2008. The number of persons working part time for economic reasons decreased in November to 3.99

Retail 317

Retail Numbers Economics Manufacturing 317

Calculated Risk

JANUARY 5, 2024

The headline jobs number in the December employment report was above expectations, however employment for the previous two months was revised down by 71,000, combined. This graph really shows the collapse in retail hiring in 2008. The number of persons working part time for economic reasons decreased in December to 4.21

Retail 302

Retail Numbers Economics Manufacturing 302

Abnormal Returns

SEPTEMBER 28, 2022

wsj.com) Don't fight the last war: this isn't 2008. theguardian.com) Economy The July Case-Shiller numbers shows a deceleration in home prices. (capitalspectator.com) Expected returns on bonds are finally attractive. awealthofcommonsense.com) Markets Lumber prices are back down to pre-pandemic levels. It depends.

Financial Advising 246

Financial Advising Media Management Economy 246

The Big Picture

JULY 27, 2022

By any measure, we still have an enormous number of unfilled positions. The post- 2008-09 era saw wealth inequality, already substantial in the United States, explode. Consider the chart up top (it’s from an RWM client-only quarterly call). The FRED database shows both Quits Rate in percentage change and Job Openings in 1000s.

Medicine 331

Medicine Numbers Food Insurance 331

The Big Picture

SEPTEMBER 26, 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%. Why Jack Welch Wouldn’t Cut It Today : Bill George, a legendary CEO in his own right, says good quarterly numbers aren’t necessarily indicative of strong leadership. Wealth of Common Sense ). • Wall Street Journal ).

Engineering 306

Engineering Economy Manufacturing Retirement 306

Calculated Risk

MAY 14, 2024

An increasing number of borrowers missed credit card payments, revealing worsening financial distress among some households.” Household debt previously peaked in 2008 and bottomed in Q3 2013. Mortgage balances rose by $190 billion from the previous quarter and was $12.44 trillion at the end of March. rise from 2023Q4.

Economics 305

Economics Retail Banking Accounting 305

Walkner Condon Financial Advisors

MARCH 16, 2023

I’m partial to the bank run in It’s a Wonderful Life [link] ) Since the events depicted in It’s a Wonderful Life , the government and banks have established a number of programs to minimize the chances of bank runs. The post FAQ – Bank Failures and Is This 2008 All Over Again? In this case, worried that the (mis?)information

Banking 98

Banking Insurance Assets Startup 98

Nerd's Eye View

SEPTEMBER 25, 2023

Gradually, CFP Board also raised the ethical standards for CFP professionals, introducing a fiduciary standard on financial planning in 2008 and, in 2020, an expanded fiduciary standard that applies whenever the certificant is giving financial advice.

CFP 246

CFP Financial Planning Planning Certification 246

A Wealth of Common Sense

SEPTEMBER 11, 2022

Following the Great Financial Crisis of 2008 a number of macro doom-and-gloomers began predicting a collapse of the U.S. The Fed was “printing” trillions of dollars. Interest rates had never been that low before.

Numbers 145

Numbers Economics 145

Random Roger's Retirement Planning

APRIL 3, 2024

Looking at AQMIX on your statement kind of going nowhere for 10 years could be difficult but clearly a portfolio with the allocation in Portfolio 3 would have kept up just fine and if they had focused on the bottom line number and not the line items, it would not have been difficult.

Numbers 96

Numbers Portfolio Management Retirement 96

Calculated Risk

SEPTEMBER 19, 2022

Any number below 50 indicates that more builders view sales conditions as poor than good. The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 46, down from 49 in August.

Sales 213

Sales Numbers Marketing Marketing 213

Calculated Risk

JANUARY 12, 2023

Job Changes During Recessions Year Job Change Recession 1974 -379 '73-'75 1975 365 '73-'75 1980 271 '80 1981 -48 '81-'82 1982 -2,124 '81-'82 1990 330 '90-'91 1991 -838 '90-91 2001 -1,727 '01 2002 -510 '01 2008 -3,553 '07-'09 2009 -5,051 '07-'09 2020 -9,292 '20 The 2020 recession was due to the pandemic. But those losses are already coming.

Economy 235

Economy Economics Sales Numbers 235

The Big Picture

MARCH 13, 2024

And there’s a fair number of people who say 70%, two thirds of the stock market without any risk at all, market risk that is – sign me up for that. It’s a number that’s put out every Thursday for the previous week. That is, over the last 50 years, an extraordinarily low number. It’s a state program.

Numbers 288

Numbers Insurance Economy Marketing 288

Nerd's Eye View

JANUARY 3, 2024

Businesses are also feeling the pinch from higher interest rates, as November saw a rapid increase in the number of Chapter 11 commercial bankruptcies. The labor market, while still remarkably resilient, has also started to show signs of stress.

Economics 246

Economics Marketing Marketing Economy 246

The Big Picture

NOVEMBER 21, 2023

A Wealth of Common Sense ) • A record number of $50 bills were printed last year. The tech-focused fund started in 2008 and invests in both public and private firms. We’re a little less than four years into the 2020s and half of those years have seen no new highs but there have already been plenty of them this decade. (

Startup 246

Startup Commission Media Government 246

A Wealth of Common Sense

JULY 4, 2024

Following the Great Financial Crisis of 2008 a number of macro doom-and-gloomers began predict. In honor of America here is a post I wrote a couple of years ago (with some updated charts) about why I remain bullish on the old US of A.

Numbers 100

Numbers 100

Mish Talk

NOVEMBER 10, 2022

Question of the Day Q: Did the beat the street numbers put a Fed pivot back in play? The yield on the two-year Treasury note fell to 4.32% from 4.63%, the biggest one-day decline since 2008 The 10-year yield fell to 3.83% from 4.15%, the biggest one-day drop since 2009. percent year over year. Actual was 0.4 month over month vs 0.7

Marketing 181

Marketing Marketing Food Numbers 181

Carson Wealth

NOVEMBER 4, 2024

The last time the S&P 500 fell more than 1% in November was in 2008, and it has been higher 11 of the past 12 years. However, this shouldn’t be a big surprise because we knew Hurricanes Milton and Helene would weigh on the numbers. But those numbers are backward looking. We just didn’t know how much.

Marketing 96

Marketing Marketing Economy Numbers 96

The Big Picture

JANUARY 21, 2025

Barry Ritholtz : The the funny thing is, the behavioral aspect of mutual funds seems to have been when people finally learn about a manager who’s put up great numbers, by the time it makes to make makes it to Forbes, hey, most of that run is probably over and a little mean reversion is about to kick in. I said, Jason’s wife.

Investing 147

Investing Investments Management Retirement 147

The Big Picture

MAY 9, 2023

He co-chairs a number of the asset management investment committees. So I interviewed with a bunch of banks, got a number of job offers by the end of the week, and joined Goldman Sachs in October 1998. I ended up being hired onto the high yield desk as a research analyst and did that for a number of years, a couple of years.

Assets 299

Assets Clients Investing Investments 299

Discipline Funds

MARCH 1, 2023

In fact, we’ve been vocal that this isn’t a repeat of 2008. Of course, this data is highly localized and we generally measure “inventory” by the number of units that are actually for sale. I don’t intend to sound alarmist. But from an aggregated market perspective there is no shortage of places to live.

Math 136

Math Numbers Sales Economy 136

Trade Brains

JANUARY 20, 2023

A Case Study on ‘Satyam Scam’ Accounting Scandal: When the 2008 recession hit the world, India was not only going through a financial crisis but also an ethical crisis. Satyam soon went on to cross the $2billion mark in 2008. 544 in 2008. This was what happened with Satyam Computer Services. The shares fell to Rs.11.50

Banking 131

Banking Accounting Ethics Sales 131

Good Financial Cents

AUGUST 14, 2023

From its humble beginnings in 2008 to today, Bitcoin’s history has been relatively short but very eventful. The original protocol for this popular digital currency was created in 2008 by Satoshi Nakamoto , believed to be a pseudonym for an unknown developer or group of developers. 2008 – -36.98 75.19 $2,203,358.14 0.0602 $1,765.11

Assets 119

Assets Investing Investments Numbers 119

Calculated Risk

AUGUST 8, 2023

The volume of newly originated auto loans, which includes leases, was $179 billion, largely reflecting high dollar values of originated loans even as the number of newly opened loans remains below pre-pandemic levels. Household debt previously peaked in 2008 and bottomed in Q3 2013. percentage points respectively. rise from 2023Q1.

Accounting 130

Accounting Retail Banking Numbers 130

The Better Letter

MARCH 27, 2025

MLB was last to the instant replay party, finally adding it to check on home runs on August 28, 2008, nine years after Frank Pulli dipped his toe into the water. Over more than a decade (2008-2019), Major League home-plate umpires made every pitch call correctly on one team roughly twice per season. The NBA followed suit in 2002.

Accounting 60

Accounting Food Retirement Electronics 60

The Better Letter

MARCH 18, 2025

Nigl’s bracket finally went bust on game 50 (the third game on the second weekend) when three seed Purdue defeated number two Tennessee, 99-94, in overtime. And about 60 percent of national champions are one of the four number one seeds. A roulette wheel hitting the same number seven times in a row ( one in three billion ).

Numbers 75

Numbers Marketing Marketing Medicine 75

The Big Picture

JANUARY 8, 2025

Bitcoin broke through that in 2008, 2009, and it’s been gaining steady adoption. I recall 10 years ago, crazy numbers, something like a lot of hacks, a lot of thefts. It’s built on a major technical innovation called the blockchain, which took 40 years to develop, trying to figure out how to make this possible.

Assets 130

Assets Investing Investments Banking 130

The Big Picture

AUGUST 28, 2024

Well, they have been going that way for a while there’s already a couple 0 fee ETF out there they are from companies that aren’t as popular as a Schwab or a State Street so I think once you get below 5 basis points you get to this realm of like super dirt cheap where people don’t really care are you 3 or 4 are you two or three you (..)

Assets 173

Assets Numbers Investing Investments 173

Nationwide Financial

MARCH 27, 2023

Over the past four weeks, money markets have added $300 billion, on par with surges in 2008 and 2020, bringing the total to a record $5.1 If market conditions were what they are now back in 2008, the equity market would have been under severe stress. Treasuries have attracted a record $30 billion in the last six weeks.

Banking 98

Banking Marketing Marketing Economics 98

The Big Picture

APRIL 4, 2024

Jim Bianco : Coming out of the financial crisis in 2008. One of the reasons that the Fed wanted to put rates at zero and push all that money in the risk markets was the psyche coming out of 2008 was people were afraid. Rates were very low for a very long time. Tell us why. Jim Bianco : I think it’s even more basic than that.

Portfolio 162

Portfolio Management Assets Banking 162

Carson Wealth

MARCH 3, 2025

Those other times we saw fear similar to this were times like the recession and near bear market of 1990, October 2008 and March 2009 during the Great Financial Crisis, and the end of the bear market in 2022. These numbers are well ahead of the pace of inflation. Heres the catch. in January and was up 5.7%

Marketing 76

Marketing Marketing Government Economy 76

The Big Picture

NOVEMBER 26, 2024

And we’ve had a number of them when for a year or two crypto currencies can be down, you know, 50 percent or worse. Matt Hougan : If you think about Bitcoin, when it was created way back in 2008-09, there were no Bitcoin in existence. With crypto. I love the expression crypto winter. What should lay people understand about this?

Investing 147

Investing Investments Assets Retail 147

Calculated Risk

DECEMBER 20, 2023

And that means prices probably won’t decline sharply like in 2008 when prices fell about 12% according to the Case-Shiller National Index. My guess is multi-family starts will decline in 2023 as rents soften and as the record number of housing units under construction are completed.

Economics 189

Economics Sales Economy Food 189

MarketWatch

MARCH 10, 2023

stocks suffered their worst weekly rout of the year as another hotter-than-expected jobs number and the first major American bank failure since 2008 sent the major indexes reeling in afternoon trade. 19, according to FactSet data.

Banking 75

Banking Numbers Marketing Marketing 75

Carson Wealth

JULY 8, 2024

These numbers can and will be revised, and so it helps to look at the 3-month average. That number has been trending down since earlier this year, but it’s at a healthy 177,000 right now, above the 166,000 average pace in 2019. Not exactly weak (the hiring rate collapsed below 3% during the 2008-2009 recession), but not too hot either.

Marketing 97

Marketing Marketing Economy Numbers 97

Random Roger's Retirement Planning

SEPTEMBER 26, 2023

You can play around with the numbers yourself and our studies here I've been using a longer standing fund than DBMF for managed futures as you can see below. Thanks to Corey Hoffstein for the reminder as he Tweeted out the above chart. Portfolio 1 is what I used in Monday's blog post.

Portfolio 96

Portfolio Management Retirement Taxes 96

Random Roger's Retirement Planning

APRIL 17, 2024

The reader back then didn't specify which funds but since 2008, Hussman's two most prominent funds have compounded at -4.15% and 3.16% versus 7.52% for Vanguard Balanced Index Fund (VBAIX). I don't know whether those weightings can vary but the numbers come off the home page for the fund.

Portfolio 102

Portfolio Asset Allocation Advertising Numbers 102