The Big Picture

JUNE 9, 2024

@TBPInvictus here. About a decade or so ago, the city of Seattle undertook to raise its minimum wage, over time, to $15/hour. (Massive credit to my friend Nick Hanauer for his efforts to make that happen.) What followed in the immediate aftermath of both the announcement and implementation was nothing less than a apocalyptic, collective head explosion on the right about the devastating effects the increase would have, particularly in the food services sector: However, there’s little doubt that t

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Abnormal Returns

JUNE 9, 2024

Top clicks this week The best time to prepare for a bear market is before it begins. (awealthofcommonsense.com) A review of major asset class performance in May 2024. (capitalspectator.com) Why you shouldn't be worried about index funds just yet. (thefinancialbodyguard.com) The current bull market is mid. (tker.co) The market has always been rigged, just not in the way you think.

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Retirement Economy Assets Marketing 306

A Wealth of Common Sense

JUNE 9, 2024

The bad news about the historic bond bear market is that fixed income investors were forced to deal with large losses in certain areas of the bond market. The good news is the rising rates that caused the bear market in bonds mean yields are in a much better place than they’ve been for the past 10-15 years. Fixed income has income again. In fact, investors in search of yield have all sorts of options — T-bill.

Marketing 142

Marketing Marketing 142

Abnormal Returns

JUNE 9, 2024

Concentration The S&P 500 has become increasingly concentrated. (apolloacademy.com) Should you be worried? (theirrelevantinvestor.com) Markets Can we finally move past the Gamestock ($GME) era of markets? (herbgreenberg.substack.com) Does anything matter any more in markets? (spyglass.org) Alternatives More investors are facing up to the problem with illiquid alternatives.

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Financial Advising Budgeting Economics Media 279

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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.

Accounting

Wealth Management

JUNE 9, 2024

How sustainable dividends can identify smart capital allocation.

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Random Roger's Retirement Planning

JUNE 9, 2024

Barron's had a quick writeup on tactical funds that can switch between equity and fixed income exposure, either making big changes to their allocations or small tweaks to their allocations. The implication from the article was that the turnover in these is very high. The reason for the article is that "some of these funds are worthy diversifiers for a traditional fixed allocation portfolio.

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Portfolio Investing Investments Management 97

Million Dollar Round Table (MDRT)

JUNE 9, 2024

By Rebecca J. Gonzalez, CFP, CLU Visitors to our office walk in and see a chalkboard with client photos representing their bucket list accomplishments. This is our bucket list board, and we have a different theme every year. This year’s theme is “Defy your age.” We ask our clients to submit photos that demonstrate what they are doing to defy their age.

Financial Planning 84

Financial Planning Numbers Planning CFP 84

Calculated Risk

JUNE 9, 2024

Weekend: • Schedule for Week of June 9, 2024 Monday: • No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 and DOW futures are little changed (fair value). Oil prices were down over the last week with WTI futures at $75.37 per barrel and Brent at $79.53 per barrel. A year ago, WTI was at $70, and Brent was at $75 - so WTI oil prices are up about 7% year-over-year.

Economics 69

Economics Marketing Marketing 69

Advisor Perspectives

JUNE 9, 2024

Apple Inc. isn’t typically the first to embrace new product categories — as it famously showed with its iPhone, smartwatch and Vision Pro. All those areas were established before the company showed up, but Apple found a way to make its mark.

Planning 64

Planning 64

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.

Accounting

oXYGen Financial

JUNE 9, 2024

![CDATA[ In today's cutthroat airline industry, companies are constantly seeking new ways to increase their revenue. One of the most effective strategies they've developed is the art of the upsell. This practice of offering additional products or services beyond the basic fare has become a cornerstone of airline revenue management. As you book your flights, you're often enticed with various.

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Management 59

Advisor Perspectives

JUNE 9, 2024

A Tesla Inc. shareholder sued to challenge an upcoming proxy vote about whether the electric-car maker should move its corporate home to Texas and re-approve a $56 billion pay package for co-founder Elon Musk that was thrown out by a Delaware judge.

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The Big Picture

JUNE 9, 2024

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • High-Yield Was Oxy. Private Credit Is Fentanyl. Yet despite the data — and the intuition about higher-yielding loans described above — private lenders assure investors that the extra yield isn’t a result of increased risk and that over time private credit has been less correlated with other asset classes. ( Institutional Investor ) see also The Insulin Empire : How profiteers pushed a lifesaving drug out

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Assets Accounting Numbers Clients 278

Advisor Perspectives

JUNE 9, 2024

Investors’ enthusiasm for growth stocks remains high and growth equities are in the midst of another lengthy run of beating value rivals.

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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.

Accounting

Advisor Perspectives

JUNE 9, 2024

It’s not just bitcoin’s price that’s expanding. The blockchain on which bitcoin resides -- one of the pioneers in the space -- is also rapidly adding heft.

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