Abnormal Returns
NOVEMBER 21, 2024
Strategy To call an end to this, or any, bull market you need a negative catalyst, or two. (carsongroup.com) U.S.-based investors are finding it hard to keep the global diversification faith. (economist.com) Why John Rekenthaler was an important voice in financial writing for so long. (morningstar.com) Finance Will private credit default recovery rates best bank loans or high yield bonds?
Calculated Risk
NOVEMBER 21, 2024
From the NAR: Existing-Home Sales Grew 3.4% in October; First Year-Over-Year Gain Since July 2021 Existing-home sales rose in October, according to the National Association of REALTORS®. Sales improved in all four major U.S. regions. Year-over-year, sales elevated in three regions but were unchanged in the Northeast. Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – expanded 3.4% from September to a seasonally adjusted annua
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Wealth Management
NOVEMBER 21, 2024
Front Street Capital Management, which previously used Schwab for custody, has switched to SEI in part because of support for its unique investing activities.
Calculated Risk
NOVEMBER 21, 2024
Today, in the CalculatedRisk Real Estate Newsletter: NAR: Existing-Home Sales Increased to 3.96 million SAAR in October Excerpt: As expected, existing home sales were up year-over-year for the first time since 2021. This was a combination of weak sales in October last year and lower mortgage rates in August and September when contracts were signed (Existing home sales are reported at closing).
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.
Wealth Management
NOVEMBER 21, 2024
Former Wells Fargo advisor Kenneth Welsh pleaded guilty of stealing more than $3 million from clients and faces decades in prison.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Wealth Management
NOVEMBER 21, 2024
James Craven, head of national sales at the brokerage, will oversee advisor recruiting until a replacement for Brendan Krebs is named.
Calculated Risk
NOVEMBER 21, 2024
What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a monthly basis, they report total inventory. For September, Realtor.com reported inventory was up 29.2% YoY, but still down 21.1% compared to the 2017 to 2019 same month levels. Now - on a weekly basis - inventory is up 25.9% YoY.
Wealth Management
NOVEMBER 21, 2024
Mainstay Wealth Management, with over $850 million in AUM, was with Ameriprise Financial Services for 33 years and is now part of Steward’s legacy division.
Advisor Perspectives
NOVEMBER 21, 2024
The Conference Board Leading Economic Index (LEI) decreased in October to its lowest level since March 2016. The index fell 0.4% from the previous month to 99.5, marking its eighth consecutive monthly decline.
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.
Wealth Management
NOVEMBER 21, 2024
Baron Capital, which focuses on traditional mutual funds, is sizing up the tax advantages and trading capabilities of ETFs.
Steve Sanduski
NOVEMBER 21, 2024
“Man cannot discover new oceans unless he has the courage to lose sight of the shore.” – André Gide “The real voyage of discovery consists not in seeking new landscapes, but in having new eyes.” – Marcel Proust I thought a lot about these two quotes when I left Peak Advisor Alliance (now Carson Coaching) in 2012. Eventually, Gide won out and I decided I needed to blaze a new path and lose sight of the shore where I’d grown a little too comfortable.
Advisor Perspectives
NOVEMBER 21, 2024
Berkshire Hathaway Inc. reported its stock holdings last week — a widely anticipated quarterly update of Warren Buffett’s latest trades. There were some notable ones, including the addition of Domino’s Pizza Inc. to Berkshire’s portfolio and more trimming of its stake in Apple Inc.
Calculated Risk
NOVEMBER 21, 2024
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 10:00 AM ET, University of Michigan's Consumer sentiment index (Final for November).
Advertisement
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.
Advisor Perspectives
NOVEMBER 21, 2024
Paul Tudor Jones recently voiced concerns that rising U.S. deficits and debt and increasing interest rates could lead to a fiscal crisis. His perspective reflects the long-standing fear that sustained borrowing will trigger inflation, raise interest rates, and eventually overwhelm the government’s ability to manage its debt obligations.
A Wealth of Common Sense
NOVEMBER 21, 2024
We also answered questions about when it’s time to fire your financial advisor, the impact of the presidential election on the markets and economy, investing a pile of cash during a bull market and the best hedge for China invading Taiwan. Further Reading: The Problem With Timing the Housing Market 1Who am I kidding? I love it! The post Timing the Housing Market: When Should You Sell?
Wealth Management
NOVEMBER 21, 2024
Gensler’s term was set to expire in 2026, but he announced today that he will leave on Jan. 20, 2025. He called working with the commission’s staff “an honor of a lifetime.
Random Roger's Retirement Planning
NOVEMBER 21, 2024
Nouriel Roubini is one of the managers of the newly listed Atlas America Fund (USAF). The fund doesn't appear to capitalize on doom and dismay (funny if you know who Roubini is) but more like offer a little protection or diversification or both when there is doom and dismay. From the fund page : the goal is seeking stable returns across a variety of economic and financial market conditions, consistent with the preservation of capital.
Advertisement
As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.
Advisor Perspectives
NOVEMBER 21, 2024
In the week ending November 16th, initial jobless claims were at a seasonally adjusted level of 213,000. This represents a decrease of 6,000 from the previous week's figure and is slightly better than forecasts for 220,000.
Wealth Management
NOVEMBER 21, 2024
Jason and Louis Diamond explore strategies for maximizing enterprise value, whether or not an advisor plans to move.
Advisor Perspectives
NOVEMBER 21, 2024
Nvidia Corp. assured investors that its new product lineup can maintain the company’s artificial intelligence-fueled growth run, though the rush to get the chips out the door is proving more costly than expected.
Calculated Risk
NOVEMBER 21, 2024
From ICE: ICE First Look at Mortgage Performance: Serious delinquencies hit 17-month high while foreclosure activity remains historically muted • At 3.45% in October, the national delinquency rate was up 6% from the same time last year , marking five consecutive months of year-over-year increases • While 30- & 60-day delinquencies decreased from September , seriously past due loans (90+ days) continued their slow rise, now up 7.3% from last year and at the highest level since May 2023 • Thou
Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor
During an era of evolving consumer preferences, the banking sector is undergoing a profound shift. As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances. Without adapting, financial institutions will find that loyalty may crumble amid uncertainty.
Advisor Perspectives
NOVEMBER 21, 2024
Canada’s University Health Network said its Toronto Western Hospital would be the first non-US site of a trial for a device created by Neuralink Corp., Elon Musk’s brain-implant company.
SEI
NOVEMBER 21, 2024
Integrated Custody and Technology Solution Powers Connected Experience and Business Growth
Advisor Perspectives
NOVEMBER 21, 2024
Lost in the excitement of election week was a meeting of the Federal Reserve. At its conclusion, interest rates were lowered by another quarter-point. But where they are heading from here is a matter of increasing uncertainty.
Carson Wealth
NOVEMBER 21, 2024
Long-term care expenses can be overwhelming, especially for those who didn’t understand the costs they would experience later in life. How will you pay for long-term care in the final chapters of your life? Watch our webinar, “ How to Pay for Long-Term Care ” with Carson Group’s Vice President, Insurance, Matt Lewis and Senior Wealth Planner Tom Fridrich, now available for viewing on-demand.
Speaker: Igli Laci, Strategic Finance Leader
In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a
Advisor Perspectives
NOVEMBER 21, 2024
The inverse correlation between bonds and stocks has returned, broadening potential for risk-adjusted returns in multi-asset portfolios.
Abnormal Returns
NOVEMBER 21, 2024
Elon Musk Elon Musk-related entities are taking over Bastrop, Texas. (fortune.com) John Paul Brammer, "Musks’ charmless ooze has seeped into every facet of the product [X], and the whole thing feels slimy now. Seeing a glut of porn bots and crypto peddlers in my notifications feels slimy." (holapapi.substack.com) GLP-1 GLP-1 drugs were derived from Glia monster venom.
Advisor Perspectives
NOVEMBER 21, 2024
We seek to capitalize on today’s attractive yields while staying mindful of economic and market uncertainties.
Expert insights. Personalized for you.
147 
Let's personalize your content