The Big Picture

JUNE 16, 2023

To put it in numbers: Their share has gone from about 23% to about 32%. Previously : America’s Corporate Welfare Queens (November 13, 2013) Minimum Wage Increases Do Not Destroy Jobs (January 24, 2019) Generational Reset of Minimum Wage (November 30, 2021) Wages in America The post Americonned appeared first on The Big Picture.

Numbers 334

Numbers 334

Calculated Risk

DECEMBER 7, 2022

Way back in 2013, I wrote a post " Predicting the Next Recession. I disagreed and noted I wasn't even on recession watch! Now it seems like most forecasts are for a recession in 2023. My answer is: Maybe. This post was in response to several recession forecasts (that were also incorrect). 2) Significant policy error.

Sales 361

Sales Economy Engineering Investing 361

Calculated Risk

SEPTEMBER 11, 2023

Today, in the Calculated Risk Real Estate Newsletter: Q2 Update: Delinquencies, Foreclosures and REO A brief excerpt: In 2021, I pointed out that with the end of the foreclosure moratoriums, combined with the expiration of a large number of forbearance plans, we would see an increase in REOs in late 2022 and into 2023.

Distribution 246

Distribution Numbers Planning 246

The Big Picture

JUNE 22, 2023

I suspect most people don’t have any idea about these numbers, and imagine the various starts to be closer together in dollar amounts than they actually are. The top 0.01% of US households had at least $111 million in net worth in 2012, compared to $4 million for the 1 %.

Distribution 306

Distribution Assets Numbers Economics 306

The Big Picture

JUNE 2, 2023

Essentially, monthly Non-Farm Payrolls is the net difference between these two groups: The actual number is far smaller and less significant than gets played most publicly. The monthly number ( May 2023 = 339,000) is a tenth or so of the ~1.5% of the 159m total.

Numbers 312

Numbers Valuation Retirement Economics 312

Calculated Risk

MAY 29, 2023

Way back in 2013, I wrote a post " Predicting the Next Recession. That was written in 2013, and it appears once again that we've avoided the "default" policy error. All of these events are possible, but they are unpredictable, and the probabilities are low that they will happen in the next few years or even decades.

Sales 363

Sales Economy Banking Economics 363

Calculated Risk

SEPTEMBER 16, 2022

Way back in 2013, I wrote a post " Predicting the Next Recession. And other measures of the economy were also positive, especially employment. So, it is extremely unlikely there was a recession. This post was in response to several recession forecasts (that were also incorrect). 2) Significant policy error.

Sales 363

Sales Economy Economics Investing 363

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

Calculated Risk

MARCH 26, 2023

Note: The Fed changed the release in Q3 2013. This data has limited value in terms of absolute numbers, but is useful in looking at trends. These ratios show the percent of disposable personal income (DPI) dedicated to debt service (DSR) and financial obligations (FOR) for households. The DSR is divided into two parts.

Numbers 244

Numbers 244

The Big Picture

JULY 26, 2023

It is one of those round numbers that people just kinda made up and started with for no apparent reason. But the 2% inflation target is LITERALLY a random number 2 that originated in New Zealand in the 1980s. The case for 4% inflation , Laurence Ball, VoxEU/CEPR 24 May 2013 3. Peasants: We have found a witch! (A a witch!)

Economy 246

Economy Economics Numbers Banking 246

Advisor Perspectives

MAY 9, 2023

The headline number for April dropped to its lowest level since January 2013, coming in at 89.0, from the previous month and below the Investing.com forecast of 89.6. April's reading remains below the series average of 98.2 for the 16th consecutive month. The index is at the 5th percentile in this series.

Numbers 132

Numbers 132

Calculated Risk

DECEMBER 8, 2023

Today, in the Calculated Risk Real Estate Newsletter: Q3 Update: Delinquencies, Foreclosures and REO A brief excerpt: In 2021, I pointed out that with the end of the foreclosure moratoriums, combined with the expiration of a large number of forbearance plans, we would see an increase in REOs in late 2022 and into 2023.

Distribution 173

Distribution Numbers Planning 173

The Big Picture

SEPTEMBER 5, 2024

billion in fee only asset flows for the full year 2013; 37% of Morgan Stanley wealth management’s total client assets are now in fee based accounts a record high. Wells Fargo Advisors said at the end of 2013 it had $375 billion in managed account assets, roughly 27% of the $1.4 It’s uncanny.

Wealth Management 228

Wealth Management Assets Fee Only Media 228

The Big Picture

MARCH 3, 2023

Meaning, you do not get the 8-10% long-term gains without living through a significant number of market events, ranging from cyclical drawdowns to longer secular bear markets, and full-on crashes. 2000-13 : Secular bear market did not make new highs until March 2013 2018 : ~20% pullback as the economy slowed, FOMC hiked.

Marketing 336

Marketing Marketing Economics Portfolio 336

The Big Picture

JULY 27, 2023

That number has now reached nearly 32%. The Amazon founder, who purchased The Washington Post for $250 million in 2013, has taken a more active role in the paper’s operations this year. ( This $20 trillion is fairly evenly spread across its component sectors. Now He’s Paying Attention to It Again.

Food 243

Food Banking Economy Numbers 243

Good Financial Cents

AUGUST 14, 2023

The second half of 2013 marked another major spike—from $68 on July 4th to $1,237 on December 3rd before declining again. Bitcoin 10-year return Let’s say you bought one bitcoin on August, 3rd 2013, for $1,106.75, its price at the time. 3,839,387,524,500% 10 years (2013-2023) $1,106.75 $29,310.44 75.19 $2,203,358.14

Assets 119

Assets Investing Investments Numbers 119

The Big Picture

AUGUST 30, 2023

Citylab ) • Larry Summers’ Comparison of 2013–23 Inflation with 1966–76 Is Uninformed Madness : How incredibly wrong was Larry Summers about inflation? It is finally possible to imagine a post-Communist regime. In June 2022, he said “we need 5 years of unemployment above 5% to contain inflation, 2 years of 7.5%

Retail 130

Retail Retirement Management Economy 130

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

Random Roger's Retirement Planning

OCTOBER 25, 2022

Then from about 2013 to 2016, gold struggled and so too did PRPFX. The ten year numbers are awful for PRPFX because gold went down for about 4 years from 2013-2016. Both are multi-asset but PRPFX obviously allocates to precious metals and where you see the two funds diverge, those divergences coincide with big moves in gold.

Portfolio 95

Portfolio Retail Accounting Numbers 95

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

Random Roger's Retirement Planning

NOVEMBER 20, 2024

Bengen retired as a financial advisor in 2013 but he also considers himself a researcher. He basically ran the numbers for someone retiring in 1926 and then each each up into the 1970's. Their conversation was very illuminating. Get ready to be very surprised. The process to do the work to come up with 4% sounded very labor intensive.

Retirement 52

Retirement Retirement Planning Clients Engineering 52

Random Roger's Retirement Planning

MARCH 9, 2025

The Calmar Ratios for all three are much higher than VBAIX but the kurtosis numbers a slightly inferior. EBSIX' worst 12 month stretch was a decline of 13% from June 2013 to June 2014. EBSIX' worst 12 month stretch was a decline of 13% from June 2013 to June 2014. ILS stands for insurance linked securities.

Portfolio 52

Portfolio Numbers Insurance Taxes 52

Random Roger's Retirement Planning

APRIL 8, 2024

I used to own TIP but then figured out the interest rate problem back in what I am guessing was about 2013. I've known about this fund but didn't realize it has been around so long, back to 2013 despite only having $20 million in it. They may have inflation protection but they also assume interest rate risk. in I can't figure it out.

Clients 98

Clients Distribution Portfolio Management 98

Carson Wealth

JANUARY 13, 2025

Monthly numbers can be noisy and so a 3-month average is helpful. The hiring rate, which is the number of hires as a percent of the labor force, has fallen to 3.3%, the slowest pace since 2013 (outside of the Covid months). The economy created 256,000 jobs in December, blowing past expectations for a 165,000 increase.

Marketing 68

Marketing Marketing Economy Compliance 68

Carson Wealth

JANUARY 22, 2025

Higher numbers indicate more volatility, lower numbers mean less volatility, and a negative beta, which is rare, means an asset is expected to move in the opposite direction of the market. While the S&P 500 has had three losing years during the past decade, the average return from 2013 to 2023 was a positive 12.39%.

Investments 52

Investments Investing Marketing Marketing 52

Trade Brains

APRIL 14, 2023

A huge number of investors started investing their money in the stock market to make quick money. It subsequently merged within Tech Mahindra in 2013. The Saradha scam came to the fore in April 2013 when Sudipta Sen fled leaving behind an 18-page letter.

Marketing 98

Marketing Marketing Banking Retail 98

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

The Irrelevant Investor

MARCH 28, 2018

These numbers are insane. The returns for these five favorites since 2013 have been astronomical. The returns for these five favorites since 2013 have been astronomical. Netflix is up 2,150% since 2013, compounding at 81% per year! Over the last nine years, the NASDAQ 100 gained 55%, 20%, 3%, 18%, 37%, 19%, 9%, 7%, 32%.

Numbers 52

Numbers 52

Carson Wealth

DECEMBER 9, 2024

The economy created 227,000 jobs in November, close to expectations, which somewhat made up for the low 36,000 number in October (revised up from 12,000). Thats the lowest pace since early 2013 (outside of the Covid months). Keep in mind that the labor force is also larger. Again, its the trend thats a concern here.

Marketing 62

Marketing Marketing Economy Manufacturing 62

Truemind Capital

AUGUST 9, 2024

The best way to solve this problem is by increasing the number of fee-only SEBI Registered Investment Advisors (RIAs) who by design think in the interest of clients. There are less than 1,000 RIAs all over India despite the regulation in force since 2013. This aligns the advisor’s interest with yours and ends mis-selling.

Commission 64

Commission Fee Only Wealth Management Investment Advisor 64

Random Roger's Retirement Planning

DECEMBER 3, 2023

The basic mechanics of CEFs is they are exchange traded but unlike ETFs which create or redeem shares based on money coming and going, CEFs have a fixed number of shares so open market buying and selling can cause the market price of the fund to deviate widely from the net asset value (NAV), the actual value of the holdings.

Portfolio 75

Portfolio Accounting Numbers Management 75

The Irrelevant Investor

JUNE 12, 2021

In the spring of 2013, the S&P 500 made a new all-time high for the first time since October 2007. Around that time, I remember seeing people use the b-word to describe what was happening. The chart below, which shows Google searches for " Stock market bubble ," validates my memory.

Advertising 52

Advertising Numbers Marketing Marketing 52

Trade Brains

DECEMBER 13, 2023

India’s IPO market has made a strong comeback this year, making it the global leader in the number of IPOs so far in 2023 and attracting investors to take advantage of the renewed interest in public offerings on Dalal Street. What do the numbers tell about IPOs? Is India experiencing an IPO boom? What does this indicate?

Numbers 64

Numbers Retail Startup Investing 64

The Irrelevant Investor

NOVEMBER 16, 2018

It's easy to get caught up in large numbers, but context is required. The fund has absolutely crushed the broader commodity index going back to 2013 (numbers in the journal story). A fund with a billion dollars losing 20% in one month is definitely a story, but often things get lost in the raw numbers.

Numbers 52

Numbers Portfolio Assets Investing 52

Investment Writing

APRIL 2, 2024

I found a similar discrepancy between the number of search results for “outperformance” versus “out-performance” and the spelling in the actual search results when I repeated my search in March 2024. However, the gap between the number of search results shrank to 5.6 The post How do you spell it?

Numbers 52

Numbers Investments Investing Communication 52

Random Roger's Retirement Planning

OCTOBER 19, 2022

The point is that the factor, in the above case it's low volatility, has generally kept up with market cap weighting (MCW) with only 80% of the drawdown (his number). During the Taper Tantrum in 2013, both low volatility funds underperformed but that was also a very short term event. More on low volatility in a second.

Numbers 97

Numbers Marketing Marketing Management 97

Trade Brains

SEPTEMBER 19, 2023

Among evolving markets with market participants, cryptocurrency exchanges have also increased in number for the easy usage of digital currency markets with well-built technology and trust. Top Cryptocurrency Exchanges #3 – Huobi Global Huobi Global is a centralised crypto exchange platform founded in China in 2013.

Marketing 116

Marketing Marketing Accounting Engineering 116