The Big Picture

APRIL 17, 2025

Your Lizard Brain : One of my favorite behavioral hacks is for you stock junkies: Manage your lizard brain via a Cowboy Account. Set up a mad-money account with less than 5% of your liquid capital. ” The cowboy account serves the same function. Buy high, sell low, repeat until broke. If it works out great!

Investing 268

Investing Investments Accounting Startup 268

Nerd's Eye View

JANUARY 3, 2024

The sentiment is especially poignant when it comes to economic forecasting, as it's nearly impossible to get an accurate picture of the current state of the economy at any given moment. Moreover, historically extreme valuations in a small handful of mega-cap stocks that account for about 30% of the market weight in the S&P 500 (i.e.,

Economics 246

Economics Marketing Marketing Economy 246

MainStreet Financial Planning

MARCH 12, 2025

Economic uncertaintywhether it’s due to market volatility, rising inflation, or potential recessionscan feel overwhelming. Here are five practical tactics to help retirees weather economic uncertainty: Take a Break from the News Constantly consuming news and social media can lead to unnecessary panic.

Economics 76

Economics Asset Allocation Financial Planning Taxes 76

Calculated Risk

JANUARY 29, 2025

FOMC Statement: Recent indicators suggest that economic activity has continued to expand at a solid pace. The economic outlook is uncertain, and the Committee is attentive to the risks to both sides of its dual mandate. Fed Chair Powell press conference video here or on YouTube here , starting at 2:30 PM ET.

Economics 162

Economics Accounting Marketing Marketing 162

Calculated Risk

DECEMBER 18, 2024

FOMC Statement: Recent indicators suggest that economic activity has continued to expand at a solid pace. The economic outlook is uncertain, and the Committee is attentive to the risks to both sides of its dual mandate. Fed Chair Powell press conference video here or on YouTube here , starting at 2:30 PM ET.

Economics 147

Economics Accounting Marketing Marketing 147

Calculated Risk

MAY 3, 2023

FOMC Statement: Economic activity expanded at a modest pace in the first quarter. Tighter credit conditions for households and businesses are likely to weigh on economic activity, hiring, and inflation. Fed Chair Powell press conference video here or on YouTube here , starting at 2:30 PM ET. Inflation remains elevated.

Economics 324

Economics Accounting Banking Planning 324

Calculated Risk

NOVEMBER 7, 2024

FOMC Statement: Recent indicators suggest that economic activity has continued to expand at a solid pace. The economic outlook is uncertain, and the Committee is attentive to the risks to both sides of its dual mandate. Fed Chair Powell press conference video here or on YouTube here , starting at 2:30 PM ET.

Economics 147

Economics Accounting Marketing Marketing 147

Calculated Risk

FEBRUARY 13, 2025

The New York Fed also issued an accompanying Liberty Street Economics blog post examining delinquency rates in the auto loan market. said Wilbert van der Klaauw, Economic Research Advisor at the New York Fed. Aggregate limits on credit card accounts increased moderately by $98 billion, representing a 1.3%

Economics 205

Economics Retail Banking Accounting 205

Wealth Management

APRIL 4, 2024

After accounting for additional risks and fees, the asset class delivers virtually no extra return to investors, according to a study released by the National Bureau of Economic Research.

Accounting 289

Accounting Economics Assets 289

Integrity Financial Planning

JANUARY 9, 2023

The 2022 economic climate has been bumpy for most and, in some cases, even bumpier for retirees. Americans and the world at large dealt with the economic ramifications of the Russia-Ukraine war, post-pandemic industrial effects, and rising inflation and interest rates. Interest Rate Hikes Hit Retirement Accounts. 1] [link]. [2]

Accounting 97

Accounting Retirement Economics Financial Planning 97

The Better Letter

MARCH 27, 2025

Everybody Needs Accountability Baseball umpires have one job: To describe reality accurately. If there’s one thing we know about economics (and it applies much more broadly, of course), it’s that incentives work. Such accountability leads to trust, our culture’s greatest deficit. Everybody needs accountability.

Accounting 61

Accounting Food Retirement Electronics 61

Abnormal Returns

FEBRUARY 24, 2023

Economics Tyler Cowen talks with Brad DeLong about his book "Slouching towards Utopia: An Economic History of the Twentieth Century." conversationswithtyler.com) Michael Klein talks with Nicholas Bloom about the role of uncertainty in economics. ritholtz.com) Ana Marshal talks fixed income with Dan Ivascyn of PIMCO.

Economics 130

Economics Media Accounting 130

Abnormal Returns

AUGUST 6, 2024

Look at accounting accruals. returnstacked.com) A look at how to identify economic regimes. (institutionalinvestor.com) Can active managers rebuild their processes for a difficult future? investmentecosystem.com) Research Want to forecast stock market bubbles? wealthmanagement.com) How factor investors can hone in on after-tax returns.

Retail 273

Retail Accounting Taxes Numbers 273

Calculated Risk

NOVEMBER 2, 2022

Russia's war against Ukraine is causing tremendous human and economic hardship. The war and related events are creating additional upward pressure on inflation and are weighing on global economic activity. The Committee is highly attentive to inflation risks.

Economics 264

Economics Food Accounting Planning 264

The Big Picture

NOVEMBER 15, 2023

Note: We deploy many of these solutions at RWM that take advantage of our knowledge of behavioral economics.) The Satellite is whatever personal stink you wanna decorate that tree with: Maybe you’re a fan of venture capital or private equity; perhaps you think India is the next great economic powerhouse; AI?

Investments 344

Investments Investing Portfolio Economics 344

Calculated Risk

SEPTEMBER 28, 2023

percent in the second quarter of 2023 , according to the "third" estimate released by the Bureau of Economic Analysis. This graph shows the change in quarterly GDP from the 2023 comprehensive update of the National Economic Accounts (seasonally adjusted annual rate) for the last 5 years. percent (revised).

Economics 312

Economics Government Accounting Investing 312

Nerd's Eye View

AUGUST 22, 2022

In general, this means that people are more likely to be more aware of how much cash they're holding than the other numbers in their financial life, like the balances on their retirement accounts (which, being less 'immediate' in their intended purpose, are not often at the forefront of most people's minds to the same extent that cash is).

Clients 246

Clients Management Accounting Banking 246

Nerd's Eye View

AUGUST 22, 2022

In general, this means that people are more likely to be more aware of how much cash they're holding than the other numbers in their financial life, like the balances on their retirement accounts (which, being less 'immediate' in their intended purpose, are not often at the forefront of most people's minds to the same extent that cash is).

Clients 246

Clients Management Accounting Banking 246

Calculated Risk

SEPTEMBER 18, 2024

FOMC Statement: Recent indicators suggest that economic activity has continued to expand at a solid pace. The economic outlook is uncertain, and the Committee is attentive to the risks to both sides of its dual mandate. Fed Chair Powell press conference video here or on YouTube here , starting at 2:30 PM ET.

Economics 290

Economics Accounting Marketing Marketing 290

Nerd's Eye View

SEPTEMBER 27, 2024

Also in industry news this week: As brokerage firms have faced a wave of lawsuits regarding the low interest rates paid on cash sweep accounts, some legal experts believe that RIAs could also be targeted for legal action if they allow clients' uninvested cash to sit in a cash sweep account rather than investing it or moving it to a higher-yielding (..)

Financial Planner 246

Financial Planner Fiduciary Duty CFP Accounting 246

Mish Talk

NOVEMBER 14, 2022

That happened due to the fact that the Oracle limit was set before the Merge hadn’t accounted for potential Execution Layer rewards spikes. The 10% yearly threshold had been chosen before the Merge and hadn’t accounted for potential spikes in daily rewards accrued by the protocol. No user funds or rewards are at risk.

Accounting 278

Accounting Economics Numbers Assets 278

Abnormal Returns

DECEMBER 23, 2024

nextavenue.org) Banks don't want to held further accountable for elder financial abuse. (fa-mag.com) fa-mag.com) Economy Ten economic questions for 2024 including 'What will happen with house prices in 2025?' (on.ft.com) Private credit is planning to take bigger chunk of the overall credit markets.

Advertising 144

Advertising Media Banking Economy 144

The Big Picture

MARCH 3, 2023

The first bear I experienced was utterly meaningless economically but still felt bad. My economic future was uncertain, but I felt confident I could make a go of it. From a purely economic perspective, these first few crashes were meaningless. I had zero dollars in the market and was deep in student loan debt.

Marketing 336

Marketing Marketing Economics Portfolio 336

Abnormal Returns

DECEMBER 21, 2023

bonddad.blogspot.com) Checking in on ten big economic questions for 2023. newsletter.abnormalreturns.com) Mixed media Verified accounts on Twitter are spreading war disinformation. (timharford.com) Why hasn't remote work freed up time for workers to do fun stuff? abnormalreturns.com) What you missed in our Wednesday linkfest.

Financial Advising 284

Financial Advising Media Banking Economy 284

The Big Picture

DECEMBER 5, 2022

I was working on a longer piece about which economic strata the Fed has the greatest impact on (its more complicated than you might think) when Invictus DM’d me this amazing FRED chart. Source : Moving between wealth brackets: Minimum cutoffs from the Distributional Financial Accounts. Wages in America (2013-2021).

Distribution 312

Distribution Accounting Economics 312

The Big Picture

OCTOBER 2, 2023

Barron’s ) • What China’s economic problems mean for the world : There is a saying that when the United States sneezes, the rest of the world catches a cold. Unemployment remains near historic lows even after the Fed’s aggressive rate hikes. What’s behind the job market’s resilience—and why it could last.

Economics 245

Economics Banking Accounting Government 245

Calculated Risk

APRIL 8, 2024

Between February 2023 and February 2024, life science and R&D laboratory projects account for roughly 34% of education planning value, with that share reaching 59% in some months. Commercial construction is typically a lagging economic indicator. In March, however, that share dropped to 7%. This index suggests a slowdown in 2024.

Education 305

Education Planning Accounting Economics 305

Calculated Risk

MARCH 1, 2023

Data on inflation, employment, and economic activity have signaled that inflation may not be cooling as quickly as anticipated, which continues to put upward pressure on rates.” After a brief revival in application activity in January when mortgage rates dropped down to 6.2 emphasis added Click on graph for larger image.

Accounting 356

Accounting Economics Marketing Marketing 356

Calculated Risk

JULY 27, 2022

Russia's war against Ukraine is causing tremendous human and economic hardship. The war and related events are creating additional upward pressure on inflation and are weighing on global economic activity. The Committee is highly attentive to inflation risks.

Economics 244

Economics Food Accounting Planning 244

A Wealth of Common Sense

SEPTEMBER 19, 2023

Fundamentals like valuations, economic growth, earnings and dividends are the main drivers of returns over the long run. There are a lot of factors that drive the performance of financial markets over time. Plus you have to consider demographics, productivity and innovation. And the hardest variable to quantify will always be psychology.

Accounting 126

Accounting Retirement Marketing Marketing 126

Calculated Risk

MAY 14, 2024

The New York Fed also issued an accompanying Liberty Street Economics blog post examining credit card utilization and its relationship with delinquency. Aggregate limits on credit card accounts increased modestly by $63 billion, representing a 1.3% increase from the previous quarter.

Economics 305

Economics Retail Banking Accounting 305

Calculated Risk

APRIL 12, 2023

Given their assessment of the potential economic effects of the recent banking-sector developments, the staff's projection at the time of the March meeting included a mild recession starting later this year, with a recovery over the subsequent two years. Update: For some time, the forecast for the U.S. Members concurred that the U.S.

Economics 245

Economics Banking Economy Accounting 245

Abnormal Returns

JANUARY 31, 2024

theverge.com) Ozempic accounted for 41% of Novo Nordisk’s ($NVO) total sales in 2023. econbrowser.com) Economic vibes are improving. (investmentnews.com) Companies Boeing's ($BA) decline has been decades in the making. vox.com) Elon Musk and Tesla ($TSLA) have a pay problem as a Delaware judge strikes down an earlier agreement.

Financial Advising 259

Financial Advising Media Economy Accounting 259

Abnormal Returns

DECEMBER 29, 2022

ft.com) What's behind the exodus from the accounting profession? bloomberg.com) Ten big economic questions for 2023 including 'What will happen with house prices in 2023?' (wsj.com) Why American Equity Investment Life ($AEL) is so sought after. wsj.com) Economy Continuing unemployment claims continue to trend higher.

Financial Advising 270

Financial Advising Startup Food Media 270

Calculated Risk

DECEMBER 14, 2022

Russia's war against Ukraine is causing tremendous human and economic hardship. The war and related events are contributing to upward pressure on inflation and are weighing on global economic activity. The Committee is highly attentive to inflation risks.

Economics 189

Economics Food Accounting Planning 189

The Big Picture

JULY 25, 2023

Pomp points out that: “I am, however, arguing that the total return percentage traditionally quoted is not what people actually achieve in their brokerage account because of taxes. Essentially, he was referring to the entire field of behavioral economics. On my backup account – I still don’t have access to my actual account !

Assets 246

Assets Accounting Taxes Numbers 246

Calculated Risk

SEPTEMBER 7, 2024

The key economic report this week is the August Consumer Price Index (CPI). -- Monday, September 9th -- No major economic releases scheduled. -- Tuesday, September 10th -- 6:00 AM: NFIB Small Business Optimism Index for August. 8:30 AM: The Consumer Price Index for August from the BLS. The consensus is for a 0.2% increase in core PPI.

Economics 189

Economics Accounting 189