Sat.Jun 01, 2024

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Saturday links: what’s working

Abnormal Returns

Solar power If solar energy keeps getting cheaper, what opportunities does it open up? (caseyhandmer.wordpress.com) How Dominion Energy largely shut down new solar projects in Virginia. (wapo.st) Energy The U.S. forgot how to build nuclear power. (theatlantic.com) Better technology is making for cheaper geothermal energy. (thecooldown.com) Red tape is the biggest obstacle to building more offshore wind power.

Food 212
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Real Estate Newsletter Articles this Week: House Price Index Up 6.5% year-over-year in March

Calculated Risk

At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • Case-Shiller: National House Price Index Up 6.5% year-over-year in March • Inflation Adjusted House Prices 2.2% Below Peak • Fannie and Freddie: Single Family Serious Delinquency Rate Decreased in April, Multi-family Increased Slightly • Final Look at Local Housing Markets in April and a Look Ahead to May Sales This is usually published 4 to 6 times a week and provides more in-depth analysis of the housin

Sales 114
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3 Reasons to Get Back to Bonds After the Cash Craze

Advisor Perspectives

Cash has a place in portfolios, but bonds are a better choice for locking in yields, boosting return potential and providing diversification benefits. If you still have a pile of cash on the sidelines, there are strong reasons to consider putting some of it back to work in bonds.

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Don't Get Inflation Wrong

Random Roger's Retirement Planning

Barron's had a short article about replacing 60/40 with 60/30/10 due to inflation. I'm always going to want to dig into an article like that. In this case the the idea was 60% in equities, 30% in bonds and 10% in TIPS. TIPS or treasury inflation protected securities are conceptually straight forward. In addition to an interest payment, the price gets adjusted higher at the rate of reported headline inflation.

Taxes 94
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Schedule for Week of June 2, 2024

Calculated Risk

The key report scheduled for this week is the May employment report. Other key reports include the May ISM Manufacturing, Vehicle Sales and April trade balance. -- Monday, June 3rd -- 10:00 AM: ISM Manufacturing Index for May. The consensus is for the ISM to be at 49.7, up from 49.2 in April. 10:00 AM: Construction Spending for April. The consensus is for a 0.2% increase in construction spending.

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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • How Rage, Boredom and WallStreetBets Created a New Generation of Young American Traders : WallStreetBets, the bizarre and often offensive message board that Rogozinski started on Reddit, would eventually come to occupy a key position at the center of a movement that turned millions of young Americans into investors and traders.

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Weakest Parts of the Economy Are Hindering Rate Cuts, Too

Advisor Perspectives

When people think about the Federal Reserve and interest rates in 2024, one common view is that economic growth and inflation remain too hot to justify rate cuts. Another is that the labor market and inflation continue to cool, and it will soon be time for rate cuts.

Economy 52
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UBS Completes Historic Takeover as Credit Suisse Ceases to Exist

Advisor Perspectives

UBS Group AG completed the historic acquisition of its former rival Credit Suisse, marking a new chapter for the Swiss financial sector as the defunct bank has formally ceased to exist.

Banking 52
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China’s Policy Inflection Point Arrives

Advisor Perspectives

Andy Rothman says China’s moves to address key challenges in its housing sector mark a significant shift from its stance of downplaying problems and signal that further positive macro measures may be on the way.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Inflation Takes Three Years to Fall to 2% in Cleveland Fed Model

Advisor Perspectives

Inflation may not return to the US central bank’s 2% target until mid-2027, according to research from Federal Reserve Bank of Cleveland.

Banking 59
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Private Credit Outlook 2024: Navigating Through Credit Opportunities

Advisor Perspectives

Three key reasons why investors should consider allocating capital to private credit for substantial and differentiated returns.

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Renewable Energy ETFs Ride Wave of AI Optimism

Advisor Perspectives

Renewable energy ETFs are making a comeback after a dismal showing in the first half of the year, fueled by the rising tide of bullishness over artificial intelligence.

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Blockchain, AI Could Be Dynamic Duo

Advisor Perspectives

One pairing of disruptive technologies that could ascend to an enviable status is artificial intelligence (AI) and blockchain.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.