Brown Advisory

AUGUST 20, 2018

The magnitude of the growth in cap ex for these firms is staggering (all data in this article sourced from Factset): Between 2015 and 2019, Facebook, Google, Amazon and Microsoft are on track to drive 79 % of all incremental cap ex of S&P 500 Index companies. Amazon, Facebook, Google, Microsoft Capital Expenditure Growth Trend, 2015-2019E.

Assets 52

Assets Clients Investing Investments 52

Carson Wealth

AUGUST 28, 2023

Recent economic data from China show that the world’s second largest economy is in trouble. economy is likely to be minimal. and financial markets. In short, China’s economy is in trouble. Usually, the industrial side of the economy makes up for slow consumer spending, but not this time. Retail sales are up just 2.5%

Marketing 52

Marketing Marketing Economy Economics 52

Carson Wealth

DECEMBER 26, 2023

Households were already fairly positive about their own finances (also witnessed by their willingness to spend), but now their perception of the broader economy is turning up. Lastly, the whole year was negative in 1994 and 2015 after no Santa. The average yearly gain for the S&P 500 has been 9.1% of the time.

Marketing 88

Marketing Marketing Investing Investments 88

Carson Wealth

MAY 1, 2023

Sure, more volatility and negative headlines could happen, but with overall market sentiment extremely bearish and the economy on firmer footing than most investors seem to think, we suggest using seasonal weakness as an opportunity to add to core positions. economy expanded by only 1.1% return since 1950. in the first quarter.

Marketing 52

Marketing Marketing Economy Numbers 52

Brown Advisory

SEPTEMBER 12, 2016

We bought shares in WhiteWave in December 2015, in recognition of the healthy-living category of foods moving mainstream. They focus largely on industries that have low environmental footprints, including technology and financial services companies. Having identified American Tower’s SBA, we purchased shares in September 2015.

Food 52

Food Executive Compensation Portfolio Management Valuation 52

Brown Advisory

SEPTEMBER 12, 2016

We bought shares in WhiteWave in December 2015, in recognition of the healthy-living category of foods moving mainstream. They focus largely on industries that have low environmental footprints, including technology and financial services companies. Having identified American Tower’s SBA, we purchased shares in September 2015.

Food 52

Food Executive Compensation Portfolio Management Valuation 52

Brown Advisory

SEPTEMBER 11, 2016

Looking ahead, for our base-case scenario we see inflation remaining moderate and most major economies continuing to grow at a modest pace. Market jitters increased in mid-2015 amid signs that growth was slowing in large economies—most significantly, China. economy alone creating 14 million jobs. Applications to the U.S.

Economics 52

Economics Economy Communication Banking 52

Brown Advisory

SEPTEMBER 11, 2016

Looking ahead, for our base-case scenario we see inflation remaining moderate and most major economies continuing to grow at a modest pace. Market jitters increased in mid-2015 amid signs that growth was slowing in large economies—most significantly, China. economy alone creating 14 million jobs. Applications to the U.S.

Economics 52

Economics Economy Communication Banking 52

Brown Advisory

AUGUST 25, 2017

6th Edition, 2015. They have only replaced seven to eight names in the portfolio per year since its 2015 inception, resulting in portfolio turnover well below peers and holding periods long enough to realise the potential of the companies in which they invest. FCF yield calculations presented use LFY and exclude financial services.

Management 52

Management Valuation Financial Services Investments 52

Brown Advisory

AUGUST 25, 2017

6th Edition, 2015. They have only replaced seven to eight names in the portfolio per year since its 2015 inception, resulting in portfolio turnover well below peers and holding periods long enough to realise the potential of the companies in which they invest. FCF yield calculations presented use LFY and exclude financial services.

Management 52

Management Valuation Financial Services Investments 52

Trade Brains

JUNE 2, 2023

Industry Overview The banking industry in India is a significant contributor to the country’s economy. a year ago in 2020, Private banks’ market share in loans rose to 36.04% in 2022 from 21.26% in 2015. The bank provides banking and financial services like retail banking and treasury operations. EPS (₹): 82.38

Banking 52

Banking Financial Services Retail Assets 52

Brown Advisory

AUGUST 8, 2018

spun out its power generation business in 2015. The spinoff retained the Babcock & Wilcox name; the remaining company, BWX Technologies, is a service-focused entity focused on government and nuclear operations. In another example, Babcock & Wilcox Enterprises, Inc. The S&P 500® Index represents the large-cap segment of the U.S.

Assets 52

Assets Clients Valuation Education 52

Brown Advisory

MAY 31, 2017

We have a number of reasons for our renewed comfort level: Improving economy: The weakness of Europe’s macroeconomic outlook in recent years was one of the primary red flags we saw for European stocks. Further, we see room for the European economy to grow. But it is a meaningful change worthy of discussion after a long period of time.

Portfolio 52

Portfolio Asset Allocation Valuation Economics 52

Brown Advisory

MAY 31, 2017

We have a number of reasons for our renewed comfort level: Improving economy: The weakness of Europe’s macroeconomic outlook in recent years was one of the primary red flags we saw for European stocks. Further, we see room for the European economy to grow. But it is a meaningful change worthy of discussion after a long period of time.

Portfolio 52

Portfolio Asset Allocation Valuation Economics 52

Trade Brains

JULY 7, 2024

It covers 13 sectors of the Indian economy. In June 2024, the NIFTY 50 allocated 34.11% of its weight to financial services, which includes banking, 12.06% to information technology, 12.52% to oil and gas, 8.03% to consumer goods, and 8.06% to the automotive sector. It is the world’s most actively traded contract.

Marketing 52

Marketing Marketing Electronics Economy 52

Brown Advisory

MARCH 30, 2020

Prior to this downturn, we have experienced “bumps in the road” since the financial crisis that provided hints that the market had become less resilient to system shocks. 3/18/2015 U.S. 8/24/2015 S&P 500 Index -5.0 Reference Market/Index % Change No. of Standard Deviations 5/6/2010 S&P 500 Index -6.9 10/15/2014 10-Yr U.S.

Management 52

Management Marketing Marketing Clients 52

Brown Advisory

MARCH 30, 2020

Prior to this downturn, we have experienced “bumps in the road” since the financial crisis that provided hints that the market had become less resilient to system shocks. 8/24/2015. Criteria evaluated include: market capitalization, financial viability, liquidity, public float, sector representation, and corporate structure.

Management 52

Management Marketing Marketing Clients 52

Brown Advisory

AUGUST 1, 2018

Even as the “E” (earnings) component of the P/E ratio has increased in 2018 thanks to the strong economy and tax cuts, the “P” (price) component has moved up more, and valuations have risen perceptibly. The S&P 500 ® Index is now priced at about 17 times forward 12 months’ estimated earnings. Using the 10-year U.S.

Management 52

Management Investing Investments Valuation 52

Brown Advisory

AUGUST 1, 2018

Even as the “E” (earnings) component of the P/E ratio has increased in 2018 thanks to the strong economy and tax cuts, the “P” (price) component has moved up more, and valuations have risen perceptibly. The S&P 500 ® Index is now priced at about 17 times forward 12 months’ estimated earnings. Using the 10-year U.S.

Management 52

Management Investing Investments Valuation 52

Sara Grillo

AUGUST 14, 2023

The entire economy, the world of investing, is based upon being able to trust who we are listening to. Flat fee advisors Advice only planners Hourly financial advisors I periodically blog about financial products and services so that consumers can avoid being taken advantage of by the financial services industry.

Financial Advisor 52

Financial Advisor Fiduciary Duty Insurance Financial Advice 52

Brown Advisory

OCTOBER 4, 2021

This energy transition is opening many opportunities for investors, from direct investment in solar, wind and other renewable technologies and projects, to broader investments in companies that are proactively readjusting strategies, even acquiring other businesses, to help them adapt more quickly to a low-carbon economy.

Portfolio 52

Portfolio Asset Allocation Clients Assets 52

Brown Advisory

OCTOBER 4, 2021

This energy transition is opening many opportunities for investors, from direct investment in solar, wind and other renewable technologies and projects, to broader investments in companies that are proactively readjusting strategies, even acquiring other businesses, to help them adapt more quickly to a low-carbon economy.

Portfolio 52

Portfolio Asset Allocation Clients Assets 52

Brown Advisory

JULY 23, 2019

Kraft Heinz Several questions focused on Berkshire’s investment in Kraft Heinz (KHC) and its relationship with 3G Capital, which Berkshire partnered with in buying Heinz in 2013 and Kraft in 2015. See Berkshire’s 2015 annual report for a more detailed discussion of this topic]. An index constituent must also be considered a U.S.

Insurance 52

Insurance Investing Investments Management 52

Brown Advisory

JULY 23, 2019

Several questions focused on Berkshire’s investment in Kraft Heinz (KHC) and its relationship with 3G Capital, which Berkshire partnered with in buying Heinz in 2013 and Kraft in 2015. See Berkshire’s 2015 annual report for a more detailed discussion of this topic]. Financial Disclosure in the Annual Report. equity universe.

Insurance 52

Insurance Investing Investments Management 52

Carson Wealth

FEBRUARY 5, 2024

The economy created 353,000 jobs in January, surprising to the upside. Job gains continue to support income growth, which in turn supports consumer spending and the overall economy. For a broad view of our expectations for the economy, stocks, and bonds in 2024, download our 2024 Market Outlook.

Marketing 97

Marketing Marketing Economy Manufacturing 97

Trade Brains

JUNE 14, 2024

Businesses wouldn’t be able to access capital for growth, individuals would struggle to manage their finances and the overall economy would grind to halt. Banks are the lifeblood of any economy. In 2015, UBS published a report stating Yes bank has lent around 125% of its net worth to stressed companies.

Banking 105

Banking Retail Accounting Assets 105

Brown Advisory

JUNE 19, 2018

Investors are very clearly rewarding this body of big technology companies that have built powerful economies of scale and positive network effects in recent years. Even cash (using one-to-three month T-bills for a proxy) is yielding near 2% today vs. a near-zero yield as recently as 2015. so far in 2018 vs. 4.3% for the Index overall.

Management 52

Management Retail Clients Investing 52

Brown Advisory

JUNE 19, 2018

Investors are very clearly rewarding this body of big technology companies that have built powerful economies of scale and positive network effects in recent years. Even cash (using one-to-three month T-bills for a proxy) is yielding near 2% today vs. a near-zero yield as recently as 2015. so far in 2018 vs. 4.3% for the Index overall.

Management 52

Management Retail Clients Investing 52

The Big Picture

OCTOBER 24, 2022

We talk about everything from when do you think about risk, how do you diversify a portfolio, at what point do you really have to rethink the fundamentals of what’s going on in the economy and the marketplace? And I would say that there was a stretch from 2008 to call it 2015, where I was managing a ton of different types of mandates.

Portfolio 130

Portfolio Management Assets Investing 130

The Big Picture

SEPTEMBER 5, 2023

I don’t care whether the economy is strong or weak, it’s not going to be the same. The focus seems to be on other institutions that create employment like healthcare, medical, tech, medical type services. There’s been a lot of emphasis on sort of competing with New York, bringing financial services there.

Sales 130

Sales Numbers Marketing Marketing 130

The Better Letter

JANUARY 26, 2024

In June 2017, Dent predicted a “ once in a lifetime ” crash in the stock market, the economy, and in real estate over the following three years. As Morgan Housel has cautioned : “The business model of the majority of financial services companies relies on exploiting the fears, emotions, and lack of intelligence of customers.

Assets 104

Assets Valuation Management Marketing 104

Carson Wealth

FEBRUARY 3, 2025

This is going to have an adverse impact on rate-sensitive sectors of the economy, like housing and business investment (outside of AI-driven capex, where other factors like the fear of being left behind will drive more investment). We wrote about this in our 2025 Outlook , when discussing potential threats to the economy.

Marketing 70

Marketing Marketing Economy Investing 70

Carson Wealth

DECEMBER 23, 2024

Lastly, the full year was negative in 1994 and 2015 after no Santa. In short, the economy and markets are looking at elevated interest rates over the next two years. These long-term interest rates matter a lot for the economy. But elevated interest rates hit cyclical areas of the economy like housing and investment spending.

Marketing 67

Marketing Marketing Economy Economics 67

The Better Letter

FEBRUARY 2, 2023

. ","username":"ClimateDad77","name":"Climate Dad","date":"Sat Aug 06 07:30:45 +0000 2022","photos":[{"img_url":"[link] Climate Dad @ClimateDad77 For the economy to grow, life on this planet has to die. Everyone in financial services (at least) should read this.

Food 74

Food Investing Investments Electronics 74

Carson Wealth

APRIL 22, 2024

Geopolitical worries are high, but historically the impact of global events on stocks has been short-lived, especially if the economy is strong. While geopolitics is a near-term risk, three major themes for 2024 are worth watching: Data continues to support an overall positive outlook for the economy. and hides underlying strength.

Marketing 96

Marketing Marketing Economy Government 96

The Big Picture

MAY 16, 2023

” If I, if the president ever, this is like a blog post I wrote when the President tweets about the economy, the market will move. So I was very heavy in financial services stock, which was a great lead gen engine. I remember it’s 2015, but I wouldn’t swear to it. And Fred goes, that’s very clever.

Media 291

Media Investing Investments Valuation 291

Carson Wealth

FEBRUARY 10, 2025

Tariff Tussle Resolved, But Its Only the Opening Round In this weeks Commentary we take a deeper dive on tariffs and their potential impact on the economy and markets. Trade makes up ~ 70% of both economies GDP. Whereas exports are not a significant piece of the US economy. of GDP in 2015. Real GDP grew 2.7%

Marketing 64

Marketing Marketing Taxes Economy 64