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From Fed Chair Powell: Economic Outlook Despite elevated levels of uncertainty, the U.S. Recent Economic Data Economic growth The economy has been growing at a solid pace. Further, recent surveys of households and businesses point to heightened uncertainty about the economic outlook. GDP expanded at a 2.3
bloomberg.com) Economy Derek Thompson talks 'harsh economic truths' with Chicago Fed President Austan Goolsbee. joincolossus.com) Communication Christine Benz and Amy Arnott talk with Charles Duhigg author of "Supercommunicators: How to Unlock the Secret Language of Connection."
Participants noted that the Committee's commitment to restoring price stability, together with its purposeful policy actions and communications, had contributed to a notable tightening of financial conditions over the past year that would likely help reduce inflation pressures by restraining aggregate demand. emphasis added
disciplinefunds.com) The economic tables have turned as Greece, Spain and Portugal outperform. abnormalreturns.com) Adviser links: communication skills. (biopharmadive.com) CEOs Corporate execs get a good deal when they fly on their corporate jets. wsj.com) This CEO is taking advantage of his company discount.
Excerpt: The economic forecast prepared by the staff for the June FOMC meeting continued to assume that the effects of the expected further tightening in bank credit conditions, amid already tight financial conditions, would lead to a mild recession starting later this year , followed by a moderately paced recovery. emphasis added
Economic Innovation Group ). • 100 Tips for a Better Life : You can improve your communication skills with practice much more effectively than you can improve your intelligence with practice. If you’re not that smart but can communicate ideas clearly, you have a great advantage over everybody who can’t communicate clearly.
semafor.com) This year's Nobel Prize winners in Economics did not come with universal acclaim. abnormalreturns.com) Longform links: facilitating communication. (econbrowser.com) Why neither candidate is talking about the deficit. vox.com) Earlier on Abnormal Returns Podcast links: crime and disorder.
bigthink.com) Animal communication is more sophisticated than commonly thought. nymag.com) Why economics professors are paid more than sociology professors. (nytimes.com) What are we to make of declining testosterone levels? piratewires.com) Science Our understanding of Neanderthals is outdated.
disciplinefunds.com) The Fed's communication regime is a mess. papers.ssrn.com) The economic schedule for the coming week. (downtownjoshbrown.com) Why the Fed focuses on core inflation. stayathomemacro.substack.com) The losses from entering the workforce during a recession are real.
As a financial advisor, it’s crucial to effectively communicate this event to your clients to help them understand the potential impact it may have on their investments and overall financial well-being. Proactive communication is good client service. Does this level of communication feel overwhelming? Provide context.
In our view, based on the median policy rate path as expressed in the September SEPs and communication from some FOMC participants like San Francisco Fed President Mary Daly, the committee is likely to engage in a debate on the appropriateness of slowing the pace of policy rate hikes beginning in December. June 2022 1.5 in September.
In discussing their individual outlooks for the target range for the federal funds rate, participants emphasized the importance of conditioning future policy decisions on incoming data, the evolving economic outlook, and the balance of risks. emphasis added
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. The biggest focus of the September meeting should be the updated Summary of Economic Projections (SEP). Economic projections will be released at this meeting.
My back-to-work morning train WFH reads: • The sneaky economics of Ticketmaster : Ticketmaster’s maligned fees and customer service issues are again under the microscope. Gen Z’s use of emojis, slang and punctuation is confusing older colleagues as workplace communications are increasingly online. Wall Street Journal ). •
econbrowser.com) The economic schedule for the coming week. nytimes.com) Offices were built to facilitate communication. (tker.co) Five reasons why pundits continue to underestimate the economy including 'Covid's effects are weird and wild and hard to understand.' abnormalreturns.com) What you missed in our Saturday linkfest.
debt ceiling and communication from several Federal Reserve officials last week, which sent Treasury yields higher, along with mortgage rates. Economic data released over the past week have also pointed to a still-resilient economy. Added Kan, “Investors remained attuned to the uncertainty around the U.S.
Also in industry news this week: The latest Social Security trustees report offered a slightly rosier picture for the health of the various Social Security trust funds thanks to improved economic conditions, though they warned that time is running out for legislators to take action to ensure the system will be able to pay out full benefits beyond the (..)
We conclude with why Ari feels grateful that the advisory business model is so successful, as it takes away the pressure to focus on the business economics and instead gives him more opportunities to connect with the human aspect of financial planning and create deep and meaningful relationships with the people around him and in his life.
It is a “monthly measure of how unpredictable overall economic conditions are 1 month, 3 months, and 1 year ahead.” But “uncertainty” as that word is commonly used on Wall Street 1 seems to be correlated with concerns about faltering economic conditions and/or rising market volatility. And I am okay with that.
All participants agreed that the Committee was in a position to proceed carefully and that policy decisions at every meeting would continue to be based on the totality of incoming information and its implications for the economic outlook as well as the balance of risks. emphasis added
In this episode, we talk in-depth about how after working for years in the financial industry, Amy realized there was a missed opportunity in working with career-driven Gen X women like her and decided to focus on serving that type of clientele she knew so well, how the initial fear of launching a firm on her own initially led Amy to partner with another (..)
Susan has an exceptional ability to tailor investment communications to the sophistication level of any audience. She has an uncanny ability to make very complex investment and/or economic topics accessible and understandable to anyone. I can think of no better resource for superior financial writing.
bonddad.blogspot.com) Earlier on Abnormal Returns Podcast links: the economics of innovation. newsletter.abnormalreturns.com) Mixed media How AI can subtly influence you and your communications. (calculatedriskblog.com) The trucking industry is seeing a widespread downturn. podcasts.apple.com) Housing sales have bottomed. Have prices?
theverge.com) Economics 30 economics-related podcasts that Cardiff Garcia recommends. youtube.com) Bill Brewster talks with Tom Morgan, Director of Content and Communications at The KCP Group, the 'most interesting man in finance.' The biz Apple ($AAPL) is funding podcasts in search of new TV shows. Meir Statman.
History shows that we don’t have to be satisfied with the economic and intellectual limits of the age in which we live ( Discourse ) • The Best Way to Save American Lives on the Road : France, unlike America, but like almost every other rich country on earth, has worked out how to make its roads safer. Don’t buy it.
![CDATA[ For both individuals and businesses, seamless communication across borders is imperative in today's interconnected world. This is where the importance of accurate and timely translation becomes evident.
Economic Update: Walmart Earnings : Reported lower-than-expected sales guidance, indicating potential weakness in U.S. Sector Performance : Energy, healthcare, and communication services are outperforming; technology and consumer discretionary sectors are underperforming. Stock Market Update: S&P 500 : Down 1.7% for the year.
In determining the pace of future increases in the target range, participants judged that it would be appropriate to take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments.
And be certain to listen to the end, where Eric shares why, even though he experienced a lot of challenges in 2022, he is grateful for the opportunities it brought him as he feels it helped better his communication with his wife, how Eric came to realize that in building a business, the solution to challenges early on was to work harder, better, and (..)
As a starting point, providing a fee minimum on their website lets advisors communicate the lowest amount that would still be economically viable for them (and explaining that the fee may change based on complexity).
During times of economic, financial, and political uncertainty, investors often wonder where to invest or what changes to make to their portfolio. Again, every recession or economic downturn is different. Swings in the financial markets also highlight the benefitsand limitationsof diversification. But history offers a helpful lens.
Washington Post ) but see also One plausible explanation for this too-good-to-be-true economy : The most plausible explanation of all is that the pandemic and subsequent recovery were so unusual that the normal rules of economics don’t apply. Everyone is looking at the same set of numbers and somehow coming to opposite conclusions.
Parents and leaders should encourage girls to stay active in sports [07:24] Empower women by sharing domestic responsibilities and reconsidering biases to help reduce poverty [10:32] Despite choices for part-time or flexible jobs, women still earn about 8% less than men for the same roles. [13:04]
In economic terms, inflationary psychology essentially means consumers advance their purchases to offset future price increases. When shock events occur, predictable patterns of herd behavior, panic buying, and changes in economic behavior occur.
Led Zeppelin’s Communication Breakdown was the quintessential rock song with two lines of lyrics that set the tone for what’s taking place in the communication sector this year. Communication breakdown, it’s always the same Havin’ a nervous breakdown, a-drive me insane Every U.S. Look to China for a parallel.
Because there is no single 'right' price, structure, or financing mechanism for every firm, getting clear on G1's financial goals, G2's ability to finance the deal, and the value of the firm (perhaps with the assistance of an external valuation service) can help ensure that all parties are clear on what the succession will look like and whether it (..)
Participants judged that the current stance of monetary policy was restrictive and was putting downward pressure on economic activity and inflation. Participants noted the importance of continuing to communicate clearly about the Committee's data-dependent approach and its firm commitment to bring inflation down to 2 percent.
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. 3,4 This Week: Key Economic Data Monday: New Home Sales.
The indexes for shelter, communication, recreation, motor vehicle insurance, education, and apparel were among those that increased over the month. The energy index decreased 1.6 percent over the month as the gasoline index, the natural gas index, and the electricity index all declined. The index for all items less food and energy rose 0.2
Also, if you’re writing for an audience of individual investors, pay attention to my list of “ Words to avoid in your investment communications with regular folks. ” You must also ensure that the diverse group can communicate freely so don’t get an echo chamber. I can think of no better resource for superior financial writing.”
Yields rose after traders speculated that strong economic data might persuade the Fed to raise rates. Economic Strength, Housing Weakness The economy continued to evidence surprising strength according to data released last week. 6,7 This Week: Key Economic Data Tuesday: Purchasing Managers’ Index (PMI). Durable Goods Orders.
Learn about his insights into effective communication and transparent expectations for remote teams, shared recently at the AICPA Personal Financial Planning Summit 2025. Senate committee during the pandemic. Explore how Reconciled’s culture promotes purpose and engagement, setting a standard for modern practice management.
Economic data released on Thursday showed remarkable economic strength, with above-consensus forecast growth in third-quarter Gross Domestic Product (GDP) and September’s durable goods orders, with only a minor uptick in initial jobless claims. 5 This Week: Key Economic Data Wednesday: FOMC Announcement. Jobless Claims.
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. Your mental health influences how you communicate with others, perform at work, and feel about yourself. EIA Petroleum Report.
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