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Risk Management in Financial Services During 2023 – 10 Key Highlights

Risk Management Guru

As the year 2023 draws to a close, it’s time to reflect on the significant strides made in the realm of Risk Management within the financial services industry. Firms are investing in new technologies and processes to help them identify and mitigate operational risks.

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Sunday links: fast pivots

Abnormal Returns

(bilello.blog) Strategy Why so many Americans think their house is the best investment. awealthofcommonsense.com) Every investment plan needs some room for error. wsj.com) Apple ($AAPL) is playing the long game in financial services. calculatedriskblog.com) The economic schedule for the coming week.

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BEA: Real GDP increased at 4.9% Annualized Rate in Q3

Calculated Risk

percent in the third quarter of 2023 , according to the "advance" estimate released by the Bureau of Economic Analysis. The increase in consumer spending reflected increases in both services and goods. The increase in private inventory investment reflected increases in manufacturing and retail trade. Imports turned up.

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BEA: Real GDP increased at 1.6% Annualized Rate in Q1

Calculated Risk

percent in the first quarter of 2024 , according to the "advance" estimate released by the Bureau of Economic Analysis. Within services, the increase primarily reflected increases in health care as well as financial services and insurance. annual rate, and residential investment increased at a 13.9%

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BEA: Real GDP increased at 3.3% Annualized Rate in Q4

Calculated Risk

percent in the fourth quarter of 2023 , according to the "advance" estimate released by the Bureau of Economic Analysis. Within exports, both goods (led by petroleum) and services (led by financial services) increased. The increase in inventory investment was led by wholesale trade industries. Imports decelerated.

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Market Commentary: Good Riddance February, Hello March

Carson Wealth

You should never blindly invest in seasonality, but just as February was ripe for potential trouble, be open to a nice Spring bounce. Hopefully because youve been reading this then you know that even the best years have scary headlines and volatility and that volatility is the toll we pay to invest. Panic Is in the Air How do you feel?

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Market Commentary: Tariffs Have Increased Market Uncertainty, but Job Growth Remains Solid

Carson Wealth

No, no one should ever invest purely on the calendar, but March has had some nice lows over the years and as we show below, the past two decades it has been perfectly normal to see late February to early March weakness, but then a nice bounce. As uncomfortable as this recent volatility feels, know that it is the toll we must pay to invest.