Abnormal Returns

JULY 28, 2024

apolloacademy.com) Finance How cold-storage operator Lineage ($LINE) became the biggest IPO of 2024 so far. vox.com) Work Research on how race, class and location affect economic mobility in the U.S. nytimes.com) The number of Americans earning the minimum wage keeps shrinking. ft.com) The economic schedule for the coming week.

License 290

License Financial Advising Economy Economics 290

The Big Picture

NOVEMBER 29, 2024

Between January 2022 and June 2024, the state created 523,700 private sector jobs — not 5,400 as claimed. MSM uncritically repeated the false number. I spend far too much time debunking economic b t. Between January 2022 and June 2024, total California jobs grew by about 156,000, with government jobs accounting for 96.5

Government 356

Government Media Economics Food 356

Abnormal Returns

APRIL 3, 2024

Markets A look back at Q1 2024 asset class returns. novelinvestor.com) Growth and value performance flip-flopped in March 2024. bonddad.blogspot.com) Part-time is not a negative for the economy if it isn't for economic reasons. bloomberg.com) How immigration is affecting the jobs numbers.

Financial Advising 264

Financial Advising Economy Media Economics 264

The Big Picture

OCTOBER 7, 2024

@TBPInvictus here: If you’re not aware of the brouhaha that was stirred about a year or so ago when CA Gov Gavin Newsom signed into law (taking effect April 1, 2024) a new $20 minimum wage for so-called “limited service” (a/k/a fast food or QSR) restaurant workers, read up here , here , or here. Its numbers are fake.

Food 290

Food Media Economics Numbers 290

The Big Picture

JUNE 27, 2024

That you can tank up in 2024 for $50-75 is an economic miracle, but people still love to complain about gas prices. As of January 1 2024, about 70% of all mortgage holders had rates three full percentage points below market prices. Houses are another legitimate and big complaint. And that’s before we get to the Lock-In effect ).

Economics 321

Economics Budgeting Sales Media 321

Abnormal Returns

DECEMBER 3, 2023

Markets Should you care what Wall Street strategists have to say about 2024? downtownjoshbrown.com) College-educated women with children under 10 are in the workforce at record numbers. wsj.com) The economic schedule for the coming week. tker.co) There are a lot of stocks, especially on the Nasdaq, trading below $1 a share.

Asset Allocation 262

Asset Allocation Financial Advising Startup Economy 262

Abnormal Returns

JUNE 16, 2024

CEOs are getting big pay boosts in 2024. investmentnews.com) Policy Violent crime has plummeted in 2024. calculatedriskblog.com) Why the jobs market may be weaker than the numbers say. wapo.st) The economic schedule for the holiday-shortened week to come. wsj.com) Putting Musk aside, U.S.

Financial Advising 200

Financial Advising Healthcare Economy Media 200

Cornerstone Financial Advisory

JANUARY 16, 2024

1,2,3,4,5 Source: YCharts.com, January 13, 2024. A Tale Of Two Inflation Reports The biggest economic news last week was fresh inflation data. That number was higher than the 3.2 6,7,8 This Week: Key Economic Data Tuesday: Empire State Manufacturing Index. CNBC.com, January 8, 2024. CNBC.com, January 9, 2024.

Marketing 111

Marketing Marketing Taxes Economics 111

Cornerstone Financial Advisory

FEBRUARY 26, 2024

Stocks Rally To Record Highs Stocks traded in a fairly tight range for the first half of the short week, yawning at the lack of economic data while awaiting earnings results from one key company that creates chips that power the artificial intelligence operations of many firms. Source: YCharts.com, February 24, 2024. A), eBay Inc.

Marketing 105

Marketing Marketing Economics Taxes 105

Cornerstone Financial Advisory

FEBRUARY 19, 2024

Weekly Market Insights: Market Retreats On Inflation, Economic Reports Presented by Cornerstone Financial Advisory, LLC Stocks fell last week as investors reacted to disappointing inflation updates and other economic reports that fell short of estimates. 3 Source: YCharts.com, February 17, 2024. percent consensus.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

JANUARY 8, 2024

Weekly Market Insights : New Years Blues Stocks retreated in the first trading week of 2024, struggling a bit after a celebratory end to last year as investors second-guessed Fed signals and fretted over lingering inflation concerns. Source: YCharts.com, January 6, 2024. News of unemployment remaining steady at 3.7% Treasury Statement.

Marketing 98

Marketing Marketing Taxes Economics 98

Calculated Risk

SEPTEMBER 14, 2024

Any number below 50 indicates that more builders view sales conditions as poor than good. -- Wednesday, September 18th -- 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. The consensus is for a 0.1% 10:00 AM: The September NAHB homebuilder survey. The consensus is for 3.85

Retail 124

Retail Manufacturing Sales Food 124

Mish Talk

DECEMBER 16, 2022

Nonetheless, economic cheerleaders tout the monthly data even when the household survey shows major discrepancies. Fall & Winter Double Issue With that background please consider the Philadelphia Fed Fall & Economic Insights Winter Double Issue for 2022 Q3 and Q4, emphasis mine. employment for the bulk of 2022. But hooray!

Food 361

Food Sales Economics Retail 361

Calculated Risk

DECEMBER 14, 2024

The key economic reports this week are Retail Sales, Housing Starts, Existing Home Sales, the 3rd estimate of Q3 GDP, and November Personal income and outlays. 8:30 AM: Gross Domestic Product, 3rd quarter 2024 (Third estimate). 10:00 AM: State Employment and Unemployment (Monthly) for November 2024 The consensus is for a 0.1%

Retail 95

Retail Manufacturing Sales Economics 95

Cornerstone Financial Advisory

FEBRUARY 12, 2024

3 Source: YCharts.com, February 10, 2024. Economic Strength The strength of the U.S. 5 This Week: Key Economic Data Tuesday: Consumer Price Index (CPI). Source: Investors Business Daily – Econoday economic calendar; February 8, 2024 The Econoday economic calendar lists upcoming U.S. Retail Sales.

Marketing 105

Marketing Marketing Economics Taxes 105

Cornerstone Financial Advisory

MARCH 25, 2024

4 Source: YCharts.com, March 23, 2024. 4,5 This Week: Key Economic Data Monday: New Home Sales. Source: Investors Business Daily – Econoday economic calendar; March 18, 2024 The Econoday economic calendar lists upcoming U.S. Tip adapted from Healthline.com 7 Which positive whole number can you add 1.5

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

MARCH 18, 2024

1,2 Following Tuesday, caution lingered as investors parsed the underlying data behind headline consumer inflation numbers. 3,4 Source: YCharts.com, March 16, 2024. 5 This Week: Key Economic Data Monday: Housing Market Index. DRI) Source: Zacks, March 13, 2024 Companies mentioned are for informational purposes only.

Marketing 105

Marketing Marketing Taxes Economics 105

The Big Picture

MARCH 13, 2024

At the Money: How To Know When The Fed Will Cut with Jim Bianco (March 13, 2024) Markets have been waiting for the Federal Reserve to begin cutting rates for over a year. Well, in 2024, now money market fund is yielding 5. It’s a number that’s put out every Thursday for the previous week. It’s a state program.

Numbers 288

Numbers Insurance Economy Marketing 288

Cornerstone Financial Advisory

FEBRUARY 5, 2024

2 Source: YCharts.com, February 3, 2024. 3 This Week: Key Economic Data Monday: ISM Services Index. Source: Investors Business Daily – Econoday economic calendar; February 2, 2024 The Econoday economic calendar lists upcoming U.S. CNBC.com, January 29, 2024 2. CNBC.com, February 2, 2024 4.

Marketing 104

Marketing Marketing Taxes Economics 104

Cornerstone Financial Advisory

JANUARY 2, 2024

The four-week moving average, which better illustrates jobless claim trends, was little changed, coming in at 212,000; this was the lowest number since late October. 5 Continuing jobless claims, which measures the number of individuals collecting unemployment benefits, was flat from the previous week at 1.88 Copyright 2024 FMG Suite.

Taxes 104

Taxes Investment Advisor Numbers Investments 104

Calculated Risk

MAY 3, 2024

The headline jobs number in the April employment report was below expectations, and February and March payrolls were revised down by 22,000 combined. Part Time for Economic Reasons From the BLS report : " The number of people employed part time for economic reasons, at 4.5 million, changed little in April. million from 4.31

Numbers 127

Numbers Economics Manufacturing 127

Calculated Risk

JUNE 7, 2024

The headline jobs number in the May employment report was well above expectations, however March and April payrolls were revised down by 15,000 combined. Part Time for Economic Reasons From the BLS report : " The number of people employed part time for economic reasons, at 4.4 million, changed little in May.

Numbers 127

Numbers Economics Manufacturing 127

Calculated Risk

APRIL 5, 2024

The headline jobs number in the March employment report was above expectations; and January and February payrolls were revised up by 22,000 combined. Part Time for Economic Reasons From the BLS report : " The number of people employed part time for economic reasons, at 4.3 million, changed little in March. million from 4.36

Numbers 127

Numbers Economics Manufacturing 127

The Big Picture

AUGUST 1, 2023

Recall John Kenneth Galbraith’s observation: “The only function of economic forecasting is to make astrology look respectable.” But we won’t know how big a losing trade it might be until early 2024, when we see the updated valuations. Some folks who are more familiar with the numbers than I have suggested it will not be pretty.

Economics 246

Economics Valuation Marketing Marketing 246

Calculated Risk

AUGUST 2, 2024

The headline jobs number in the July employment report was below expectations, and May and June payrolls were revised down by 29,000 combined. Part Time for Economic Reasons From the BLS report : " The number of people employed part time for economic reasons rose by 346,000 to 4.6 million in July. million from 4.22

Numbers 127

Numbers Economics Manufacturing 127

Calculated Risk

JANUARY 7, 2024

Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2024. Most FOMC participants expect around three 25 bp rate cuts in 2024. What will the Fed Funds rate be in December 2024? My guess is there will be around 5 rate cuts in 2024, and the first cut is likely in March.

Economics 75

Economics Sales Numbers Investing 75

Calculated Risk

OCTOBER 4, 2024

The headline jobs number in the September employment report was well above expectations, and July and August payrolls were revised up by 72,000 combined. Part Time for Economic Reasons From the BLS report : " The number of people employed part time for economic reasons changed little at 4.6 YoY in September.

Numbers 122

Numbers Economics Manufacturing 122

Cornerstone Financial Advisory

NOVEMBER 25, 2024

Weekly Market Insights | November 25th, 2024 Pre-Holiday Optimism Lifts Markets Stocks advanced last week, powering ahead with pre-holiday optimism despite geopolitical tensions and two disappointing Q3 corporate updates. 5,6 Source: YCharts.com, November 23, 2024. 7 This Week: Key Economic Data Tuesday: Consumer Confidence.

Marketing 52

Marketing Marketing Taxes Economics 52

Calculated Risk

SEPTEMBER 6, 2024

The headline jobs number in the August employment report was below expectations, and June and July payrolls were revised down by 82,000 combined. Part Time for Economic Reasons From the BLS report : " The number of people employed part time for economic reasons was little changed at 4.8 YoY in March 2022 and was at 3.8%

Numbers 110

Numbers Economics Manufacturing 110

Calculated Risk

MAY 14, 2024

From the NY Fed: Household Debt Rose by $184 Billion in Q1 2024; Delinquency Transition Rates Increased Across All Debt Types The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit. Aggregate delinquency rates increased in Q1 2024, with 3.2% rise from 2023Q4.

Economics 122

Economics Retail Banking Accounting 122

The Big Picture

FEBRUARY 14, 2024

February 14, 2024) What does history tell us about how war impacts the stock market? So what were the numbers like after World War 1 and after World War 2? Jeff Hirsch : The numbers, it was about just around 500 percent, 517%, 521%, right in the just over 500%. The 20 percent number is meaningless. Following both wars.

Marketing 317

Marketing Marketing Government Numbers 317

Calculated Risk

JULY 13, 2024

Rubenstein, Chairman of the Economic Club of Washington, D.C. -- Tuesday, July 16th -- 8:30 AM: Retail sales for June is scheduled to be released. up from 1.0. -- Friday, July 19th -- 10:00 AM: State Employment and Unemployment (Monthly) for June 2024 The consensus is for a reading of -6.0, unchanged from -6.0.

Retail 72

Retail Manufacturing Sales Food 72

Calculated Risk

NOVEMBER 1, 2024

The headline jobs number in the October employment report was below expectations, and August and September payrolls were revised down by 112,000 combined. Part Time for Economic Reasons From the BLS report : " The number of people employed part time for economic reasons was little changed at 4.6 million in October.

Retail 111

Retail Numbers Economics Sales 111

Calculated Risk

JUNE 26, 2024

From the AIA: ABI May 2024: Business conditions at architecture firms continue to soften The AIA/Deltek Architecture Billings Index (ABI) score declined to 42.4 The score is derived from a monthly survey of architecture firms that measures the change in the number of services provided to clients. Click on graph for larger image.

Clients 128

Clients Economics Numbers Investments 128

The Big Picture

SEPTEMBER 18, 2024

Brian Portnoy, Shaping Wealth (September 18, 2024) Can money buy you happiness? Brian Portnoy : So you’ve pointed accurately to a number of studies on this and maybe it’s 75,000 or 90,000 I’d also point out that a dollar spent in Manhattan NY versus Manhattan KS those are very different conversations.

Food 277

Food Numbers Risk Tolerance Education 277

Risk Management Guru

NOVEMBER 20, 2023

Here are 10 key highlights regarding risk management in financial services during 2023: Increased focus on operational risk : Operational risk has become a major focus of attention for financial services firms, due to the increasing number of cyberattacks and other operational failures.

Risk Management 105

Risk Management Financial Services Management Compliance 105

Cornerstone Financial Advisory

DECEMBER 2, 2024

Weekly Market Insights | December 2nd, 2024 Solid Gains for Thanksgiving Week Stocks posted solid gains over a short and busy holiday week as investors parsed fresh economic data, comments on potential future trade policy, and a few Q3 reports from technology companies. 6 Source: YCharts.com, November 30, 2024.

Marketing 52

Marketing Marketing Economics Taxes 52