Calculated Risk

SEPTEMBER 17, 2023

On the meeting this week from BofA: " We expect the Fed to stay on hold at the September FOMC meeting , consistent with recent Fed communications and current market pricing. We expect the 2023 median policy rate forecast to show one more 25bp hike, for a terminal rate of 5.5-5.75%. March 2023 0.0 March 2023 4.0

Banking 288

Banking Economics Economy Communication 288

The Big Picture

APRIL 5, 2023

Via Apollo’s Torsten Slok: pic.twitter.com/qsWPr9mlAC — Invictus (@TBPInvictus) April 4, 2023 Ed Yardeni also observed something similar at the end of Q1: “Eight of the 11 S&P 500 sectors are down ytd, led by an 11.1% drop in Energy and a 9.4% ytd based on their collective market cap.

Communication 290

Communication Marketing Marketing 290

Abnormal Returns

FEBRUARY 12, 2024

Podcasts Brendan Frazier talks with Sten Morgan, the founder of Legacy Investment Planning, about better communicating with clients. kindnessfp.com) DPL Financial Partners saw a big boost in annuity sales in 2023. thinkadvisor.com) Five steps to create a paycheck in retirement. riabiz.com) A closer look at the new LifeX funds.

Wealth Management 262

Wealth Management Retirement Communication Investment Planning 262

Abnormal Returns

DECEMBER 8, 2023

bloomberg.com) Audio The 10 best audiobooks of 2023 including 'The Secret Hours' by Mick Herron, narrated by Gerard Doyle. infiniteloopspodcast.com) Matt Reustle talks Charter Communications ($CHTR) with Tony Coniaris and John Sitarz of Oakmark Funds. (techcrunch.com) Podcast companies are turning to advertising to get the word out.

Advertising 260

Advertising Communication Banking Economy 260

Abnormal Returns

DECEMBER 9, 2023

scientificamerican.com) How to use lasers to communicate in space. huddleup.substack.com) TV The 10 best shows of 2023 including 'Reservation Dogs.' time.com) The 10 best shows of 2023 including 'Succession.' theringer.com) The 10 best TV shows of 2023 including 'Poker Face.'

Medicine 264

Medicine Food Manufacturing Financial Advising 264

Nerd's Eye View

JULY 26, 2024

The study also identified attributes of "top performing" firms across a range of metrics, finding that they are more likely than other firms to have a clear ideal client persona, client value proposition, and marketing plan.

Financial Planner 246

Financial Planner Retirement Communication Financial Advisor 246

Abnormal Returns

JULY 24, 2023

investmentnews.com) The 2023 Charles Schwab RIA Benchmarking Study are out. marknewfield.substack.com) Why open communication is vital when it comes to inheritance dynamics. (riabiz.com) Why you shouldn't discount Schwab's increased efforts in the HNW space. finance.yahoo.com) Family offices are vacuuming up talent.

Valuation 243

Valuation Communication Financial Planning Management 243

Calculated Risk

JULY 5, 2023

From the Fed: Minutes of the Federal Open Market Committee, June 13-14, 2023. Almost all participants noted that in their economic projections that they judged that additional increases in the target federal funds rate during 2023 would be appropriate.

Economics 305

Economics Banking Communication Economy 305

Abnormal Returns

JULY 18, 2023

axios.com) Space Viasat's new $700 million communications satellite is likely a full write-off. arstechnica.com) SpaceX is expected to double revenue in 2023. economist.com) Economy Industrial production fell in June 2023. (technologyreview.com) Future AI models may end up getting trained on AI-generated content.

Financial Advising 246

Financial Advising Media Communication Financial Advisor 246

Abnormal Returns

OCTOBER 16, 2023

wsj.com) Economy Home sales have fallen off the table in 2023. om.co) Five insights from "Writing for Busy Readers: Communicate More Effectively in the Real World" by Todd Rogers and Jessica Lasky-Fink. (wsj.com) Qatar helped facilitate the return of four abducted Ukrainian children. wired.com)

Financial Advising 273

Financial Advising Media Communication Banking 273

Nerd's Eye View

MARCH 29, 2024

Also in industry news this week: With the new “T+1” rules for trade settlements will go into effect in late May, the SEC has issued a risk alert for broker-dealers and RIAs outlining the requirements they face and areas of focus for the regulator during upcoming examinations A recent survey suggests that while client satisfaction with their (..)

Financial Planner 244

Financial Planner Insurance Coverage Financial Advisor Communication 244

The Big Picture

AUGUST 18, 2023

Okay, a little more snarky than typical Fed communications. ” Source : Five Ways the Fed’s Deflation Playbook Could Be Improved By Barry Ritholtz Businessweek, August 18, 2023 The post Businessweek: Five Ways the Fed’s Deflation Playbook Could Be Improved appeared first on The Big Picture. Hell, take the rest of the year off!

Communication 246

Communication Banking 246

Nerd's Eye View

JUNE 10, 2024

The first half of 2024 has been a solid start for most advisory firms, with markets enjoying moderate growth (a pleasant follow-through after a particularly strong 2023!), client retention rates remaining robust, and at least a bit of client referral growth trickling in.

Financial Advisor 246

Financial Advisor Financial Planner Clients Communication 246

The Big Picture

DECEMBER 12, 2022

Yet the fundamental math of bond returns bodes well for 2023, our columnist says. ( Gen Z’s use of emojis, slang and punctuation is confusing older colleagues as workplace communications are increasingly online. The bond market certainly DID NOT see the pandemic-induced inflation coming. ( New York Times ). • Economist ).

Math 306

Math Economy Communication Economics 306

Calculated Risk

MAY 24, 2023

percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 19, 2023. debt ceiling and communication from several Federal Reserve officials last week, which sent Treasury yields higher, along with mortgage rates.

Communication 246

Communication Economy Economics Sales 246

Nerd's Eye View

APRIL 12, 2024

Also in industry news this week: A recent study indicates that advisors charging clients on a monthly subscription basis hiked their fees by an average of 6% in 2023, raising the salience of how advisors can most effectively communicate fee increases to clients A survey suggests that while financial advisors are increasingly aware of Artificial Intelligence (..)

Financial Planner 246

Financial Planner Insurance Recruitment Financial Advisor 246

Nerd's Eye View

OCTOBER 21, 2022

Social Security COLA for 2023. Consumer satisfaction with life insurance and annuity companies dipped in 2022, reflecting a lack of understanding with the products they purchase and misaligned communication practices, offering lessons for financial advisors.

Financial Planner 234

Financial Planner Retirement Planning Retirement Insurance 234

The Big Picture

JULY 21, 2023

disinflation sweeps through 2023, without a cratering of employment or the wider economy so far, the narrative is shifting again – and encouraging hopes that bruising central bank tightening may be short-lived too. A Mid-year Assessment for 2023! My end-of-week morning train WFH reads: • Inflation undershoot? Don’t buy it.

Engineering 239

Engineering Valuation Communication Media 239

Cornerstone Financial Advisory

OCTOBER 23, 2023

Source: Econoday, October 20, 2023 The Econoday economic calendar lists upcoming U.S. This Week: Companies Reporting Earnings Tuesday: Microsoft Corporation (MSFT), General Electric Company (GE), Verizon Communications, Inc. (VZ), The Wall Street Journal, October 20, 2023 2. The Wall Street Journal, October 20, 2023 3.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

OCTOBER 2, 2023

Source: Econoday, September 29, 2023 The Econoday economic calendar lists upcoming U.S. STZ) Source: Zacks, September 29, 2023 Companies mentioned are for informational purposes only. In 2023, the standard mileage rate is 65.5 The Wall Street Journal, September 29, 2023 2. CNBC, September 26, 2023 5.

Marketing 111

Marketing Marketing Taxes Economics 111

Cornerstone Financial Advisory

DECEMBER 26, 2023

Source: Econoday, December 22, 2023 The Econoday economic calendar lists upcoming U.S. Source: Zacks, December 22, 2023 Companies mentioned are for informational purposes only. The Wall Street Journal, December 22, 2023 2. The Wall Street Journal, December 22, 2023 3. The Wall Street Journal, December 22, 2023 4.

Taxes 105

Taxes Investment Advisor Sales Investments 105

Cornerstone Financial Advisory

SEPTEMBER 25, 2023

Source: Econoday, September 22, 2023 The Econoday economic calendar lists upcoming U.S. NKE) Source: Zacks, September 22, 2023 Companies mentioned are for informational purposes only. The Wall Street Journal, September 22, 2023 2. The Wall Street Journal, September 22, 2023 3. CNBC, September 21, 2023 5.

Marketing 111

Marketing Marketing Taxes Economics 111

Cornerstone Financial Advisory

OCTOBER 9, 2023

Source: Econoday, October 6, 2023 The Econoday economic calendar lists upcoming U.S. BLK) Source: Zacks, October 6, 2023 Companies mentioned are for informational purposes only. The Wall Street Journal, October 6, 2023 2. The Wall Street Journal, October 6, 2023 3. The Wall Street Journal, October 6, 2023 4.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

DECEMBER 18, 2023

Source: Econoday, December 15, 2023 The Econoday economic calendar lists upcoming U.S. NKE) Source: Zacks, December 15, 2023 Companies mentioned are for informational purposes only. The Wall Street Journal, December 15, 2023 2. The Wall Street Journal, December 15, 2023 3. The Wall Street Journal, December 15, 2023 4.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

SEPTEMBER 5, 2023

Source: Econoday, September 1, 2023 The Econoday economic calendar lists upcoming U.S. KR) Source: Zacks, September 1, 2023 Companies mentioned are for informational purposes only. The Wall Street Journal, August 25, 2023 2. The Wall Street Journal, August 25, 2023 3. The Wall Street Journal, August 25, 2023 4.

Marketing 105

Marketing Marketing Economics Taxes 105

Cornerstone Financial Advisory

NOVEMBER 6, 2023

Source: Econoday, November 3, 2023 The Econoday economic calendar lists upcoming U.S. Source: Zacks, November 3, 2023 Companies mentioned are for informational purposes only. The Wall Street Journal, November 3, 2023. The Wall Street Journal, November 3, 2023. The Wall Street Journal, November 3, 2023.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

OCTOBER 30, 2023

1,2,3 Source: YCharts, October 23, 2023 to October 27, 2023. Source: Econoday, October 27, 2023 The Econoday economic calendar lists upcoming U.S. Source: Zacks, October 27, 2023 Companies mentioned are for informational purposes only. The Wall Street Journal, October 27, 2023 2. CNBC, October 26, 2023 5.

Marketing 105

Marketing Marketing Economics Taxes 105

Cornerstone Financial Advisory

NOVEMBER 20, 2023

Source: Econoday, November 17, 2023 The Econoday economic calendar lists upcoming U.S. ADI) Wednesday: Deere & Company (DE) Source: Zacks, November 17, 2023 Companies mentioned are for informational purposes only. The Wall Street Journal, November 17, 2023. The Wall Street Journal, November 17, 2023. FOMC Minutes.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

DECEMBER 4, 2023

Source: Econoday, December 1, 2023 The Econoday economic calendar lists upcoming U.S. AVGO), Dollar General Corporation (DG) Source: Zacks, December 1, 2023 Companies mentioned are for informational purposes only. The Wall Street Journal, December 1, 2023 2. The Wall Street Journal, December 1, 2023 3. Consumer Sentiment.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

JULY 10, 2023

Source: Econoday, July 7 , 2023 The Econoday economic calendar lists upcoming U.S. Source: Zacks, July 7 , 2023 Companies mentioned are for informational purposes only. The Wall Street Journal, July 7, 2023. The Wall Street Journal, July 7, 2023. The Wall Street Journal, July 7, 2023. CNBC, July 6, 2023.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

NOVEMBER 13, 2023

Source: Econoday, November 10, 2023 The Econoday economic calendar lists upcoming U.S. NTES) Source: Zacks, November 10, 2023 Companies mentioned are for informational purposes only. The Wall Street Journal, November 10, 2023. The Wall Street Journal, November 10, 2023. The Wall Street Journal, November 10, 2023.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

NOVEMBER 27, 2023

Source: Econoday, November 24, 2023 The Econoday economic calendar lists upcoming U.S. DELL) Source: Zacks, November 24, 2023 Companies mentioned are for informational purposes only. The Wall Street Journal, November 24, 2023. The Wall Street Journal, November 24, 2023. The Wall Street Journal, November 24, 2023.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

OCTOBER 16, 2023

Source: Econoday, October 13, 2023 The Econoday economic calendar lists upcoming U.S. FCX) Friday: SLB (SLB), American Express Company (AXP) Source: Zacks, October 13, 2023 Companies mentioned are for informational purposes only. The Wall Street Journal, October 13, 2023 2. The Wall Street Journal, October 13, 2023 3.

Marketing 105

Marketing Marketing Taxes Economics 105

Nerd's Eye View

MARCH 8, 2024

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that RIA clients of an insurance broker providing Errors & Omissions (E&O) coverage saw a 213% increase in claims paid in 2023, attributed to significant jumps in suitability claims (likely stemming (..)

Financial Planner 246

Financial Planner Asset Allocation Clients Risk Management 246

Discipline Funds

DECEMBER 31, 2023

Here are 3 things I learned in 2023 that I hope will help me formulate a better understanding of how to navigate the future. In January 2023 I predicted that this year would be the “year of disinflation” and that inflation would end the year above the Fed’s target but much lower than markets expected.

Assets 101

Assets Asset Allocation Financial Planning Economy 101

Cornerstone Financial Advisory

AUGUST 7, 2023

Consumer Sentiment Source: Econoday, August 4, 2023 The Econoday economic calendar lists upcoming U.S. OKE) Wednesday: The Walt Disney Company (DIS) Source: Zacks, August 4, 2023 Companies mentioned are for informational purposes only. The Wall Street Journal, August 4, 2023 2. The Wall Street Journal, August 4, 2023 3.

Marketing 98

Marketing Marketing Medicine Taxes 98

Abnormal Returns

OCTOBER 17, 2022

(theblock.co) Conferences A list of the 9 ‘Best’ Financial Advisor Conferences (For Scaling Up) In 2023. thinkadvisor.com) Advisers How to set expectations with clients about communication. riabiz.com) Communication matters when it comes to understanding benefits, like Social Security. It seems so. bloomberg.com).

Wealth Management 130

Wealth Management Financial Advisor Communication Financial Advice 130