Abnormal Returns

SEPTEMBER 24, 2023

capitalspectator.com) The credit markets are very different than they were in 2009. (behaviouralinvestment.com) Why selling a stock is harder than buying. flyoverstocks.com) Bond investors are being given an opportunity to lock in 2% real yields. semafor.com) A wide range of outcomes is always on the table.

Math 276

Math Valuation Portfolio Investing 276

The Big Picture

OCTOBER 25, 2024

In 2009 Toto combined his passion for racing and business by investing in the Williams F1 Team.  This week, we speak with Toto Wolff , Team Principal & CEO of the Mercedes-AMG PETRONAS F1 Team. Prior to joining Mercedes, Toto spent time in the investment world, founding his own company Marchfifteen in 1998 and Marchsixteen in 2004.

Healthcare 288

Healthcare Management Investing Investments 288

The Big Picture

FEBRUARY 22, 2024

November 29, 2023) The Most Hated Rally in Wall Street History (October 8, 2009) Bull & Bear Markets The post All-Time Highs Are Historically Bullish appeared first on The Big Picture.

Economics 348

Economics Marketing Marketing Investing 348

A Wealth of Common Sense

NOVEMBER 8, 2024

By the time he was inaugurated in January 2009, the market was down nearly 50% in total. When Barack Obama was elected president the U.S. economy and markets were in rough shape. From the peak in October 2007 through election day the S&P 500 was already in the midst of a 35% drawdown.

Marketing 92

Marketing Marketing Economy 92

Alpha Architect

NOVEMBER 15, 2024

The growth rate of private credit has been so rapid (growing to nearly $2 trillion by the end of 2023, roughly ten times larger than it was in 2009), that concerns about there being a bubble have been raised. The Explosive Growth of Private Credit: Is There a Bubble? was originally published at Alpha Architect.

62

62

A Wealth of Common Sense

AUGUST 13, 2024

That’s roughly 1% of the time, meaning that since July 2009, the United States has avoided a recession 99% of the time. Do you know how long we’ve been in a recession for since the end of the Great Financial Crisis? Two months. In 15 years, the U.S. economy has been in a recession for just two months!

Economy 119

Economy 119

The Big Picture

OCTOBER 3, 2024

November 29, 2009) Harvard: Not So Smart After All (December 4, 2008) Archive: University Endowments Sources : Harvard ignored warnings about investments ( Mirror ) Advisers told Summers, others not to put so much cash in market; losses hit $1.8b

Medical 167

Medical Management Investing Investments 167

A Wealth of Common Sense

MAY 14, 2024

Since 2009, a total U.S. A lot of investors have abandoned international diversification (or at least strongly considered it) in recent years. I understand why this is happening. stock market has destroyed all comers ever since the Great Financial Crisis ended. That’s annual returns of more than 14% per.

Marketing 138

Marketing Marketing Asset Allocation Assets 138

Advisor Perspectives

JUNE 7, 2024

As of Q1 2024, the latest Fed balance sheet indicates that household net worth has risen 171% since reaching its 2009 low. However, when adjusted for inflation, household net worth has actually increased by only 86% since the 2009 trough.

75

75

The Big Picture

FEBRUARY 16, 2024

Dudley explains how he became President of the NY Fed in January 2009 — right in the heart of the GFC. He describes that as a turning point in the banking crisis.

Banking 157

Banking Wealth Management Portfolio Management Management 157

A Wealth of Common Sense

JUNE 23, 2024

Since the start of 2009, the S&P 500 has seen returns of 14.5% Here’s a good follow-up question on these numbers: This is a legitimate concern. Since 2020 the S&P 500 has compounded at more than 14% per year. That’s not just a pandemic phenomenon either. From the bott.

Marketing 126

Marketing Marketing Numbers 126

Calculated Risk

NOVEMBER 12, 2024

Heavy truck sales really collapsed during the great recession, falling to a low of 180 thousand SAAR in May 2009. The dashed line is the October 2024 seasonally adjusted annual sales rate (SAAR) of 477 thousand. Then heavy truck sales increased to a new record high of 570 thousand SAAR in April 2019. Click on graph for larger image.

Sales 111

Sales 111

Alpha Architect

JULY 1, 2024

consumption growth during the Great Financial Crisis of 2008-2009? What are the primary factors contributing to the steep and persistent decline in U.S. How do macroeconomic announcements impact household spending? was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

102

102

Abnormal Returns

SEPTEMBER 21, 2023

Markets The credit markets are very different than they were in 2009. semafor.com) Despite a slowdown, the warehouse industry is raising rents. wsj.com) IPOs Shopify ($SHOP) is a winner in the Klayvio ($KVYO) IPO. theinformation.com) Is the IPO window really that open?

Financial Advising 296

Financial Advising Media Economy Numbers 296

The Big Picture

NOVEMBER 26, 2022

This week, we speak with Boaz Weinstein, the chief investment officer of Saba Capital Management LP, which Weinstein founded in 2009 as a lift-out of Saba Principal Strategies. Prior to founding Saba, Boaz Weinstein was co-head of global credit trading at Deutsche Bank, where he oversaw approximately 650 professionals.

Banking 246

Banking Management Assets Investing 246

The Big Picture

JANUARY 3, 2023

Monetary stimulus (ZIRP/QE) from 2009-2021. – Great Financial Crisis, March 2009 : The S&P 500 index made a generational low post-GFC on March 9, 2009, after having fallen 56.78%. Historically, SPX averages about 8% with dividends. Fiscal stimulus 2020-22. The next ~12 years saw gains of 608.5% through January 4, 2022.

Economy 326

Economy Economics Portfolio Marketing 326

The Big Picture

NOVEMBER 27, 2023

The dotcom top, the double bottom in Oct 02-March 03; the highs in 2007, the lows 2009. Luck : I put luck last because it’s so often overlooked. Consider what you would have had to do over the past 2 decades to be a successful timer.

Marketing 300

Marketing Marketing Math Retirement Planning 300

Calculated Risk

OCTOBER 24, 2024

months of supply in January 2009. The second graph shows New Home Months of Supply. The months of supply decreased in September to 7.6 months from 7.9 months in August. The all-time record high was 12.2 The all-time record low was 3.3 months in August 2020.

Sales 122

Sales 122

The Big Picture

SEPTEMBER 29, 2023

Kidding aside, Tim Harford reminds us that “In 2008, the consensus from forecasters was that not a single economy would fall into recession in 2009.” .” If it does happen, your warnings were prescient, it was a very real (e.g., 40%) probability of happening.

Economy 292

Economy Banking Economics 292

A Wealth of Common Sense

DECEMBER 19, 2023

The tech-heavy index is on pace for its first half-century performance since 2009. The Nasdaq 100 is up more than 50% this year. The Magnificent 7 stocks are a big reason for this year’s massive gains but it also helps that the Nasdaq crashed last year, falling more than 32%.

Marketing 121

Marketing Marketing 121

The Big Picture

MAY 31, 2024

Prior to joining DoubleLine in 2009, Sherman was a senior vice president at TCW Group Inc. He is host of the podcast The Sherman Show and a CFA charter holder. We discuss how he began as a math major but didn’t want to go into physics, engineering or academia, so finance was the next logical career option.

Asset Allocation 184

Asset Allocation Math Portfolio Management Engineering 184

Calculated Risk

MAY 13, 2024

Heavy truck sales really collapsed during the great recession, falling to a low of 180 thousand SAAR in May 2009. The dashed line is the April 2024 seasonally adjusted annual sales rate (SAAR). Then heavy truck sales increased to a new record high of 570 thousand SAAR in April 2019. Click on graph for larger image.

Sales 125

Sales 125

Meb Faber Research

FEBRUARY 9, 2024

Between the end of 1979 and the end of 2009, […] The post Episode #520: Drew Dickson on Navigating Behavioral Biases, U.S. Recorded: 1/24/2024 | Run-Time: 1:03:53 Summary: We talk a lot about global investing on this show and wanted to talk about that with Drew given his focus on European markets.

Investing 117

Investing Investments Marketing Marketing 117

Wealth Management

MAY 26, 2023

Office REITs are trading at their lowest levels since 2009, reports Bloomberg. Crow Holdings formed a $2.6 billion joint venture focused on retail assets. These are some must reads from around the real estate investment world heading into the weekend.

Retail 119

Retail Assets Investing Investments 119

Advisor Perspectives

DECEMBER 7, 2023

As of Q3 2023, the latest Fed balance sheet indicates that household net worth has risen 154% since reaching its 2009 low. However, when adjusted for inflation, household net worth has increased by only 77% since the 2009 trough.

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59

Advisor Perspectives

MAY 18, 2023

This is the 13th consecutive monthly decline, the longest streak since 2009, and the lowest reading since September 2020. The latest Conference Board Leading Economic Index (LEI) for April dropped to 107.5 from March's revised figure of 108.2. Today's reading represented a 0.6% month-over-month decline, consistent with the forecast.

Economics 115

Economics 115

Calculated Risk

OCTOBER 2, 2024

Heavy truck sales really collapsed during the great recession, falling to a low of 180 thousand SAAR in May 2009. The dashed line is the September 2024 seasonally adjusted annual sales rate (SAAR) of 477 thousand. Then heavy truck sales increased to a new record high of 570 thousand SAAR in April 2019. Click on graph for larger image.

Sales 78

Sales 78

Advisor Perspectives

JUNE 22, 2023

and the 14th consecutive monthly decline, the longest streak since 2009. The Conference Board Leading Economic Index (LEI) for May dropped to 106.7 from April's figure of 107.5. This is the index's lowest reading since July 2020. Today's reading represented a 0.7% month-over-month decline, slightly higher than the forecast.

Economics 111

Economics 111

Advisor Perspectives

SEPTEMBER 8, 2023

As of Q2 2023, the latest Fed balance sheet indicates that household net worth has risen 160% since reaching its 2009 low. However, when adjusted for inflation, household net worth has increased by only 82% since the 2009 trough.

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64

The Big Picture

OCTOBER 1, 2022

” The blog, which he launched in 2009, spawned a bestselling book, now available in 17 languages, as well as a podcast. This week, we speak with science journalist David McRaney, who investigates the psychology of reasoning, decision-making and judgment on his blog “ You Are Not So Smart.”

Economics 298

Economics Marketing Marketing 298

Calculated Risk

AUGUST 5, 2024

Heavy truck sales really collapsed during the great recession, falling to a low of 180 thousand SAAR in May 2009. The dashed line is the July 2024 seasonally adjusted annual sales rate (SAAR) of 485 thousand. Then heavy truck sales increased to a new record high of 570 thousand SAAR in April 2019. Click on graph for larger image.

Sales 93

Sales 93

Calculated Risk

AUGUST 9, 2022

Back in early 2009, I wrote a couple of posts arguing there would be an increase in auto sales - Vehicle Sales (Jan 2009) and Looking for the Sun (Feb 2009). This was an out-of-the-consensus call and helped me call the bottom for the US economy in mid-2009. Click on graph for larger image in graph gallery.

Sales 82

Sales Numbers Economy 82

Advisor Perspectives

AUGUST 20, 2024

In June alone, China spent over $228 million on silver, a new monthly record based on Bloomberg data going back to 2009. Silver is an important component of solar photovoltaic (PV) panels, meaning that for China to reach its ambitious climate targets, it must import massive amounts of the white metal.

52

52

The Chicago Financial Planner

JUNE 13, 2022

For example during the 2008-2009 market debacle I looked at funds to see how they did in both the down market of 2008 and the up market of 2009. If a fund did worse than the majority of its peers in 2008 I would expect to see better than average performance in the up market of 2009.

Risk Tolerance 188

Risk Tolerance Marketing Marketing Financial Planner 188

The Big Picture

OCTOBER 7, 2024

In 2009, the market cap of the US stock market was 30% of the global stock market cap. Prior to launching Cutter, he focused on U.S. and European healthcare at Citadel and Millenium. Cutter has put-up impressive numbers since its 2022 launch, and now manages more than $500 million in institutional assets.

Electronics 144

Electronics Recruitment License Healthcare 144

The Big Picture

OCTOBER 13, 2023

March 2008) NAR Housing Affordability Index is Worthless (August 2008) Former NAR Economist David Lereah is a Jackass (January 6th, 2009) Its ALWAYS a Good Time to Buy a House!

Numbers 293

Numbers Sales Management Marketing 293

The Irrelevant Investor

OCTOBER 25, 2022

Today we learned that home prices had their largest drop since 2009. This is just a small preview of what I believe we’ll see in the coming months as the market adjusts to 7% mortgages. In fact, a lot of the economic data will likely worsen.

Economics 130

Economics Marketing Marketing 130