The Big Picture

MAY 30, 2023

I had an economics lesson, I had a life lesson, I had an epiphany, I had a race relations lesson, I had a self-esteem and confidence lesson. Being broke is economic, but being poor is a disabling frame of mind, a depressed condition of your spirit. It’s home economics class, doesn’t exist anymore. RITHOLTZ: Right.

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Banking Economics Business Planning Economy 147

Darrow Wealth Management

MAY 22, 2023

But before proclaiming cash is king and parking your money in an FDIC insured bank account, consider your time frame and how you plan to use the money. It’s the reference interest rate for overnight borrowing between financial institutions like banks. Hold cash or invest? Compare that to the stated yield of 5.6% 467% a month.

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Investing Investments Accounting Wealth Management 102

Clever Girl Finance

OCTOBER 4, 2022

Recession-proof businesses can thrive despite an economic downturn. GDP is how overall economic activity is measured for a country. So, if you’re looking for recession-proof business ideas to switch into, then keep reading to find out which ones have the best chance of riding out an economic storm. Retail consignment.

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Food Economy Healthcare Economics 105

The Big Picture

NOVEMBER 22, 2022

But if you don’t, if you grew up in a market, where there’s not an investment bank, there’s nothing other than a branch bank for one of the multi-dimensional financials, then you’re not really going to have an understanding of what that career looks like at a young age. What is Chattanooga known for?

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Nationwide Financial

SEPTEMBER 12, 2022

The curve, however, continues to project cuts to the rate beginning next May, which seems optimistic given the tone of Fed officials and the math around getting inflation back close to their 2% target. The Bank of England postponed its meeting where a rate hike was expected following the death of Queen Elizabeth.

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Retail Math Banking Economics 52

International College of Financial Planning

DECEMBER 5, 2024

Fostering Financial Responsibility Early On Just as we teach children subjects like math and science, financial literacy deserves a place in the school curriculum. Partnerships with banks and financial organizations can provide students with practical experience through workshops and simulations of real-life financial situations.

Education 40

Education Budgeting Math Management 40

International College of Financial Planning

DECEMBER 4, 2024

Fostering Financial Responsibility Early On Just as we teach children subjects like math and science, financial literacy deserves a place in the school curriculum. Partnerships with banks and financial organizations can provide students with practical experience through workshops and simulations of real-life financial situations.

Education 40

Education Budgeting Math Management 40

The Big Picture

JANUARY 21, 2025

I was born in London and when I was three and a half, my father got a job for the World Bank in Washington DC So we all moved to Washington DC Then just before my 10th birthday, my father was posted to Bangladesh for four years. And I think it partly depends on the economic comfort in which you grew up. Where, where did you grow up?

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The Big Picture

SEPTEMBER 3, 2024

A bachelor’s in economics from Northwestern and then an MBA from University of Chicago. Heather Brilliant : I worked at Bank of America and, and they had a wonderful corporate finance training program. You mentioned Bank of a, you were at Dry House Capital, cocktail Capital. Welcome to Bloomberg. Was that the plan?

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Investing Caffeine

FEBRUARY 1, 2022

Math Matters. I did okay in school and was educated on many different topics, including the basic principle that math matters. Source: Federal Reserve Economic Data (FRED). Source: Calafia Beach Pundit. This notion rings especially true when it comes to finance and investing. interest rates.

Math 52

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The Big Picture

SEPTEMBER 10, 2024

Mike Wilson has been with Morgan Stanley since 1989, rising up through the ranks of institutional sales, trading, investing, banking to eventually becoming Chief Investment Officer and Chief US Equity Strategist. So I was really investment banking. But generally starts with the economic cycle. What was that experience like?

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The Big Picture

JANUARY 16, 2024

I was always good at math, but I really, I just didn’t relate to things that were more esoteric bonds options. But that was really all the banks that were doing it, 00:09:56 [Speaker Changed] Not it was the banks, but there were a lot of empty buildings. And I, I think that I kind of triangulated on it.

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The Big Picture

FEBRUARY 6, 2024

I’d say management consulting is any of the other thing that least at that time was the other career trajectory, just my personality, more of a math oriented introvert. My mental image was that he worked in the bank of, back of a bank approving mortgage applications. Learn math, learn history. So I was at Harvard.

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Valuation Investments Investing Assets 130

David Nelson

NOVEMBER 20, 2023

Big Tech’s Market Influence Walmart’s Earnings Report as an economic indicator Small Cap Stocks – Is this the beginning of a sustained rally? Bloomberg Data You certainly felt it in the banks earlier this year. Do the math. Good news is bad news.

Economy 52

Economy Retail Sales Math 52

Gen Y Planning

AUGUST 1, 2022

Before bringing banks and loans into the mix, you must know how much your dream home will cost. Most banks offer a draw period of 10 years—though hopefully, your home reno timeline doesn’t take that long, even with expected construction delays! That requires a little more math (or a HELOC calculator , whichever you prefer).

Planning 52

Planning Numbers Banking Math 52

Brown Advisory

JUNE 16, 2022

Central banks globally are raising interest rates and this is having a chilling effect on equities and bonds alike. We discount each year at our 10% minimum weighted average cost of capital (WACC) and some infinite series maths gives us the basis for some rough approximations 2. Specifically, economics has a half-life of 9.4

Investing 52

Investing Investments Accounting Valuation 52

Mr. Money Mustache

MAY 20, 2022

Which has in turn triggered the more skittish stock investors to run for the exits and completely change their view of our economic future, flooding the financial news with red ink and scary headlines. Now that we’ve covered the background, we can get into some better news: This is all a normal, healthy part of the economic cycle.

Marketing 53

Marketing Marketing Retirement Investing 53

Brown Advisory

MAY 3, 2018

MUNICIPALS AND RISING RATES Simple math dictates that when yields rise, fixed-rate bond prices fall. All charts, economic and market forecasts presented herein are for illustrative purposes only. The London Interbank Offered Rate (LIBOR) is the interest rate at which banks offer to lend funds to one another in the interbank market.

Taxes 52

Taxes Portfolio Valuation Clients 52

Brown Advisory

MAY 3, 2018

Simple math dictates that when yields rise, fixed-rate bond prices fall. All charts, economic and market forecasts presented herein are for illustrative purposes only. The London Interbank Offered Rate (LIBOR) is the interest rate at which banks offer to lend funds to one another in the interbank market.

Taxes 52

Taxes Portfolio Valuation Clients 52

Brown Advisory

NOVEMBER 13, 2023

The New Normal It is difficult for investors and individuals alike not to have been directly impacted by the rapid rise in inflation in 2021 and 2022, the succeeding interest rate hikes by global central banks and the ensuing effects these economic events have had on financial markets, including the mortgage market.

Investing 52

Investing Investments Portfolio Clients 52

The Big Picture

AUGUST 29, 2023

So a variety of risk meetings, a variety of economic meetings. So when you think about what people are earning in their deposit accounts at their banks, and banks have historically been very slow to raise, very slow in terms of raising deposit rates because those deposits tend to be very sticky. RITHOLTZ: Yes. RITHOLTZ: Right.

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The Big Picture

JULY 4, 2023

Their mainstay financial services practice, which was banking and equities, fell off a cliff. We typically hire people out of the banks. I can’t remember if he sat at Bear or Lehman, but it was one of the banks that no longer exist. Banking getting much better. And at the same time, the dot com bubble collapsed.

Management 147

Management Recruitment Numbers Banking 147

The Big Picture

FEBRUARY 13, 2023

In fact, I was going to be a strategist, financial analyst to work for a bank and write research reports. And the ability to say, gosh, you know, there’s a lot of stuff in fixed income, that for a variety of reasons, central bank owns it, a pension fund owns it, insurance companies own it. RIEDER: Right. It has no value.

Economy 147

Economy Numbers Marketing Marketing 147

The Big Picture

OCTOBER 17, 2023

A degree in mathematics from Oxford, a doctorate in mathematical epidemiology and economics from Cambridge. So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. What is that? The second is excess returns.

Investing 130

Investing Investments Clients Numbers 130

Mr. Money Mustache

JANUARY 27, 2022

And since 2022 is becoming a year of interesting financial changes, it’s time to spark things up again, go back to our roots, and start covering some of the many subjects that are cropping up in this latest incarnation of our economic world. So I did the math on that too**. What would you do in the following situation?

Food 52

Food Retirement Math License 52

The Big Picture

AUGUST 15, 2023

SEIDES: Yeah, I wouldn’t measure it in terms of economic returns. RITHOLTZ: So hold the duration risk aside with those two, but just for an investor in treasuries, I know you’ve done the math before. ” And just like the change bank from “Saturday Night Live, “We’ll make it up in volume.

Management 130

Management Investments Investing Government 130

The Big Picture

JUNE 6, 2023

People have 18 credit cards, 20 — who has 20 bank accounts, it’s you’re just what you’re paying in fees seems to be exorbitant. It’s much deeper than math. And like that they realize they’re on board, I can take control of my money, not let every financial company control me. This was a blast.

Accounting 130

Accounting Numbers Budgeting Financial Counseling 130

Clever Girl Finance

OCTOBER 30, 2023

But if you don’t mind the work, it’s one of the best work from home jobs for people who love math. In this role, you will record financial transactions, process payments, conduct banking activities, produce financial reports and more. Average salary: Extremely varied depending on the work you do and the rates you set.

Recruitment 52

Recruitment Engineering Certification Communication 52

The Big Picture

JANUARY 24, 2023

STEVEN KLINSKY, FOUNDER, CEO AND MANAGING DIRECTOR, NEW MOUNTAIN CAPITAL: I come from the Detroit area of Michigan as a public school kid, went to University of Michigan and studied both economics and philosophy. It was between corporate law and investment banking. RITHOLTZ: Sorry about the theft of that last (inaudible).

Investing 263

Investing Investments Numbers Banking 263

Mish Talk

NOVEMBER 19, 2022

Meet Queen Caroline Forbes wrote an interesting article ‘Queen Caroline’: The ‘Fake Charity Nerd Girl’ Behind The FTX Collapse Alameda Research CEO Caroline Ellison is a math whiz who loves Harry Potter, fringe political philosophy and taking big risks. She is also one of the supporting players in Sam Bankman-Fried's FTX catastrophe.

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License Assets Accounting Math 227

The Big Picture

MARCH 1, 2025

Or why we need less math in music theory. ( Morgan , where she is co-head of commercial banking. Tablet ) see also Welcome to the New Military-Industrial Complex. Each sentence should have its own organic length, unconnected to what came before or goes after. So why doesnt our music do that?

Math 162

Math Startup Engineering Economy 162

The Big Picture

DECEMBER 12, 2023

And I was a math nerd as a kid. And Bank of America called me and said, would you like to be director of research and strategy? 00:24:08 [Speaker Changed] You, you want to do a preliminary sort and say, what would a good looking bank look like? If you can show me an equivalent bank that’s at an eight pe of course you can.

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Management Investing Investments Retail 264

The Big Picture

MARCH 27, 2023

I wanted to see the world, and whether it was investment banking, or basket weaving really had absolutely no bearing on my decision. What about what happened with a lot of banks during the financial crisis? Tell us about how you saw this lack of diversity and the lack of economic mobility. MIELLE: Lots of cursing.

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Assets Investing Investments Management 285

The Big Picture

JUNE 27, 2023

And I was very fortunate to get a job at the Federal Reserve Bank of New York. We’re going to wait, we’re going to see, and we want to be supportive of the markets and the economic system. So that not shorting financial institutions kind of brings us forward to what’s been going on in the regional banks in 2023.

Math 147

Math Risk Management Marketing Marketing 147

The Big Picture

JULY 19, 2022

You began as a central bank portfolio manager in Finland. And when I was studying in university economics, I did not really get the passion. And so, it’s very sort of, I don’t know, math oriented or algebra-oriented type of thing as opposed to great stories which drive most investment passions. ILMANEN: Yes.

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Investing Investments Valuation Portfolio 130

Good Financial Cents

APRIL 19, 2023

Building multiple passive income streams has an additional benefit in the short term: it can make you more resilient and better able to weather economic shocks, such as what was experienced with the past housing crisis and global pandemic. While not exactly stock returns, 5% or more is better than most national bank interest rates.

Accounting 105

Accounting Investing Investments Media 105

The Big Picture

MARCH 12, 2024

And we said, let’s just take a little detour here and make sure we understand the credit risk of these things before we sort of travel, start making markets and banking and, and, and really making these a core part of our business. There’s 00:14:11 [Speaker Changed] No money in that bank.

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Banking Marketing Marketing Investments 147