Calculated Risk

JULY 29, 2022

The BEA reported that investment in non-residential structures decreased at a 11.7% Investment in petroleum and natural gas structures increased in Q2 compared to Q1 and was up 31% year-over-year. The first graph shows investment in offices, malls and lodging as a percent of GDP. annual pace in Q2. year-over-year.

Commission 363

Commission Manufacturing Investments Investing 363

Wealth Management

SEPTEMBER 30, 2024

TPG will join General Atlantic, which made its own minority investment in the firm in 2020. CEO Peter Mallouk will keep his majority stake and continue to lead the firm.

Planning 278

Planning Investing Investments 278

Calculated Risk

DECEMBER 7, 2022

emphasis added Unfortunately, in 2020, one of those low probability events happened ( pandemic ), and that led to a recession in 2020. One of my favorite models for business cycle forecasting uses new home sales (also housing starts and residential investment). Residential investment has also peaked.

Sales 361

Sales Economy Engineering Investing 361

The Big Picture

MAY 9, 2024

At least one person1 has noticed the risks to young consumers of social media: Since August 2020, @TikTokInvestors has been curating the most outrageous money-losing and dangerous videos culled from the “financial experts” at TikTok. A good start would be eliminating all of the terrible FinTok advice on taxes, day trading and investing.

Media 337

Media Taxes Math Investing 337

Calculated Risk

SEPTEMBER 16, 2022

emphasis added Unfortunately, in 2020, one of those low probability events happened ( pandemic ), and that led to a recession in 2020. One of my favorite models for business cycle forecasting uses new home sales (also housing starts and residential investment). Residential investment has also peaked.

Sales 363

Sales Economy Economics Investing 363

The Chicago Financial Planner

FEBRUARY 5, 2022

Kansas City won the 2020 game and the market had an up year in spite of the impact of COVID-19. Is this a valid investment strategy? As far as your investments, I think you’ll agree that the outcome of the game should not dictate your strategy. Not sure if your investments are right for your situation?

Investing 184

Investing Investments Financial Planner Risk Tolerance 184

Nerd's Eye View

JULY 19, 2023

Continuing Education (CE) requirements are common for many professions, but historically there has been no minimum CE requirement for individual Investment Adviser Representatives (IARs) of advisory firms. While holders of certain credentials (e.g., Read More.

Education 49

Education Investing Investments CFP 49

Calculated Risk

MAY 29, 2023

emphasis added Unfortunately, in 2020, one of those low probability events happened ( pandemic ), and that led to a recession in 2020. The other two times were in early 2007 (housing bust / financial crisis), and in March 2020 (pandemic). New home sales peaked in 2020 as pandemic buying soared.

Sales 363

Sales Economy Banking Economics 363

Calculated Risk

SEPTEMBER 28, 2023

The update primarily reflected a downward revision to consumer spending that was partly offset by upward revisions to nonresidential fixed investment, exports, and inventory investment. Residential investment was revised up from -3.6% Note that Q2 and Q3 2020 are off the chart due to the pandemic and are labeled.

Economics 311

Economics Government Accounting Investments 311

The Big Picture

SEPTEMBER 22, 2022

The data always has some interesting findings about how the very wealthy are investing, consuming, and otherwise spending their time and money. Increase versus 2020: +9.8%. million from 2020). Every year, Credit Suisse puts out an in-depth look at wealth around the world (I often pull a chart or two for the reads). China 32,710.

Distribution 331

Distribution Numbers Media Investing 331

Calculated Risk

APRIL 29, 2024

The BEA reported that investment in non-residential structures decreased at a 0.1% The first graph shows investment in offices, malls and lodging as a percent of GDP. Investment in offices (blue) increased slightly in Q1 and was up 4.1% And the office vacancy rate is at a record high, and this will hold down office investment.

Commission 275

Commission Manufacturing Investments Investing 275

The Big Picture

NOVEMBER 27, 2023

Let’s delve into these to see if they apply to your own investing and trading: Instinct : Malcolm Gladwell’s Blink: The Power of Thinking Without Thinking , discusses the strengths and capabilities of the “ adaptive unconscious.” And, it has the advantage of leaving your actual investments alone.

Marketing 305

Marketing Marketing Math Retirement Planning 305

The Big Picture

JUNE 6, 2024

I spend a lot of time debunking investment-related b t. At the end of March 2020, I suggested that the hand-wringing surrounding the pandemic’s impact on equities was excessive; I reminded readers that externalities tend to make markets briefly wobble, then resume their prior trends. Sometimes, it only takes months.

Economics 64

Economics Sales Numbers Marketing 64

The Big Picture

DECEMBER 12, 2022

RWM is a discretionary RIA, which primarily invests in stocks and bonds via ETFs, Mutual Funds, and Direct Indexing. Illiquid investments do have some appealing aspects: Start with the illiquidity premium, the return above traditional stocks or funds. Cars are for Driving, Sneakers are for Wearing (November 11, 2020).

Accounting 300

Accounting Commission Investing Investments 300

Calculated Risk

JANUARY 29, 2024

The BEA reported that investment in non-residential structures increased at a 3.2% Investment in petroleum and natural gas structures increased in Q4 compared to Q3 and was up 5% year-over-year. The first graph shows investment in offices, malls and lodging as a percent of GDP. annual pace in Q4. Click on graph for larger image.

Commission 286

Commission Manufacturing Investments Investing 286

The Big Picture

AUGUST 17, 2022

Say what you will about the advantages of passive investing, but Eric argues that if a shop like Vanguard had introduced only low-cost active investing (and never focused on passive), it would have grown to become a trillion-dollar colossus regardless. Passive investing is: Marxist. Lobotomized investing. Reached a mania.

Taxes 334

Taxes Portfolio Management Investments 334

The Big Picture

JANUARY 3, 2023

Let’s jump into the new year with some fresh observations, some of which are quite surprising: • Astronomical Measures of Time Are Unrelated to Investing : 2023 – a new year! We can credit three elements for this massive outperformance: -Substantial prices resets: 57% in 2008-09 and 34% in 2020. Fiscal stimulus 2020-22.

Economy 329

Economy Economics Portfolio Marketing 329

The Big Picture

AUGUST 12, 2024

Too many of us adopt A self-assured, know-it-all persona because we know the investing public prefers that to learn the truth: nobody knows anything, and the future is inherently unknown and unknowable.

Economy 347

Economy Taxes Investing Investments 347

The Big Picture

FEBRUARY 22, 2025

The charismatic and colourful Mr Ma, who was one of China’s most prominent businessmen, had withdrawn from public life after criticising China’s financial sector in 2020. His most recent book is is Rethinking Investing: A Very Short Guide to Very Long-Term Investing. Has America finally hit peak truck?

Transportation 163

Transportation Economics Media Investing 163

The Big Picture

FEBRUARY 27, 2023

equity market since 1945 has shifted dramatically to different investment vehicles. The key conclusion was this was despite the sexy idea and stock ticker and great performance, it was only a so-so investing vehicle, unlikely to attract much capital. As Ben pointed out via his favorite chart at top, ownership of U.S.

Distribution 325

Distribution Retirement Retirement Planning Taxes 325

A Wealth of Common Sense

NOVEMBER 15, 2022

This is in stark contrast to the FOMO days of 2020 and 2021 when it felt like the only place to put your money was the. Those old stodgy blue chip stocks in the Dow that pay dividends and have stable cash flows are crushing the innovation-led stocks that have more potential than profits in 2022.

Investing 145

Investing Investments Portfolio Marketing 145

Calculated Risk

DECEMBER 28, 2022

economy will perform in 2023, and if there are surprises - like in 2020 - to adjust my thinking. 8) Residential Investment: Residential investment (RI) was a drag on growth in 2022 as the housing market slowed sharply. These are just questions; I'll follow up with some thoughts on each of these questions. Q4-over-Q4 in 2023.

Economics 347

Economics Economy Sales Commission 347

The Big Picture

JANUARY 1, 2024

Stay invested. economy will likely perform in 2024, and if there are surprises – like in 2020 with the pandemic – to adjust my thinking. She has worked at FT since 1988, and held leadership roles in investment management, distribution, technology, operations, and high-net-worth clients.

Distribution 274

Distribution Economy Clients Management 274

The Big Picture

MAY 4, 2023

A Wealth of Common Sense ) • Don’t Bother Investing in China Unless You’re Chinese : Only a local can properly circumvent the country’s infamous firewall. He is a member of the Management Committee and Co-Chair of the Asset Management Investment Committees, (private equity, infrastructure, growth equity, credit, and real estate).

Wealth Management 339

Wealth Management Assets Management Valuation 339

The Big Picture

SEPTEMBER 3, 2022

Be sure to check out our Masters in Business next week with Kristen Bitterly Michell, Head of North America Investments for Citi Global Wealth. She is on all of the “Most Powerful Women in Finance lists” including American Banker, Crains Rising Stars in Banking & Finance 2020.

Wealth Management 312

Wealth Management Banking Accounting Management 312

The Big Picture

OCTOBER 29, 2022

Siegel had warned in mid-2020 of coming inflation due to fiscal and monetary stimulus, now believes that inflation has peaked and that the FOMC is over-tightening. Stocks for the Long Run: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies, Sixth Edition by Jeremy Siegel.

Assets 299

Assets Financial Market Investing Investments 299

Calculated Risk

JANUARY 13, 2023

The other two times were in early 2007 (housing bust), and in March 2020 (pandemic). One of my favorite models for business cycle forecasting uses new home sales (also housing starts and residential investment). Note that Residential Investment is quarterly and single-family starts and new home sales are monthly. 2020 -2.8% -1.5%

Economy 276

Economy Sales Economics Investing 276

Calculated Risk

OCTOBER 31, 2022

The BEA reported that investment in non-residential structures increased at a 3.7% Investment in petroleum and natural gas structures increased in Q3 compared to Q2 and was up 22% year-over-year. The first graph shows investment in offices, malls and lodging as a percent of GDP. annual pace in Q3. year-over-year.

Commission 228

Commission Manufacturing Investments Investing 228

The Big Picture

JANUARY 23, 2023

million employees, more than half of whom were hired in 2020-2022. Second, what looks like giant layoffs are in fact a tiny percentage of just the recent hiring (to say nothing of the total workforce) of these same firms. Amazon , now has 1.5 Google just fired 12,000 people; they hired 57,000 over the past two years.

Numbers 326

Numbers Economics Planning Investing 326

The Big Picture

NOVEMBER 11, 2022

1 You can use whatever definition you choose, but choose wisely, as selecting a description that poorly correlates to reality will hurt your investing and trading. Not So Fast (April 3, 2020). correctly pointed out , the table mislabels what is and is not a bear market. Barry Ritholtz (@ritholtz) November 10, 2022. Countertrend?

Marketing 279

Marketing Marketing Economy Investing 279

The Big Picture

JUNE 21, 2023

Sinclair had a clear bead on the financial industry, especially the high-cost, active-investing side of it, even though he was writing about the meatpacking industry. I shouldn’t be surprised by the continuous gaslighting by the anti-indexing community , but I am. Active management is no longer as crazy pricey as it once was (e.g.,

Management 313

Management Investing Investments Numbers 313

The Big Picture

NOVEMBER 2, 2023

BAML’s Chief Equity Technician Stephen Suttmeier likens the 2020 crash to the modern version of the 1987 crash: A substantial crash that took place 7 years into the start of a new bull. Previously : Cash Is No Longer Trash (October 27, 2023) Understanding Investing Regime Change (October 25, 2023) How Many Bear Markets Have You Lived Through?

Taxes 289

Taxes Portfolio Marketing Marketing 289

Nerd's Eye View

SEPTEMBER 19, 2022

In 2020, we conducted a second survey to further explore the changing trends in financial planning brought about by improvements in advisor technology, shifts to the advisor business model, and changes in the regulatory environment. A lot has changed since 2020, though.

Financial Planner 245

Financial Planner Certified Financial Planner Financial Planning CFP 245

Calculated Risk

JANUARY 10, 2024

Question #8 for 2024: How much will Residential investment change in 2024? Click on graph for larger image. Question #7 for 2024: How much will wages increase in 2024? How about housing starts and new home sales in 2024? Question #9 for 2024: What will happen with house prices in 2024?

Economy 296

Economy Manufacturing Economics Sales 296

Abnormal Returns

DECEMBER 8, 2023

awealthofcommonsense.com) No investor, or investment strategy, is perfect. bonddad.blogspot.com) 5 million more Americans are working now than in January 2020. Strategy What happens after a 20% up year for the stock market? morningstar.com) Fund management The factor ETF space has gotten crowded. unemployment rate.

Financial Advising 263

Financial Advising Media Economy Numbers 263

Abnormal Returns

OCTOBER 1, 2023

marketwatch.com) Finance Do you really want a private investment targeted to individual investors? theatlantic.com) Policy Per the IRS, nearly 1,000 tax filers who earn more than $1 million per year have still not filed federal tax returns for at least one year from 2017 to 2020.

Financial Advising 297

Financial Advising Taxes Government Media 297

Abnormal Returns

DECEMBER 9, 2024

bloomberg.com) Bitcoin and the stock market have had a positive correlation since 2020. newsletter.rationalwalk.com) Fund management Aaron Brown, "I would add that the investment management business is only one of many in which AI will cause radical revenue reductions for providers, and massive gains for individual consumers."

Media 146

Media Economy Management Sales 146