The Big Picture

DECEMBER 11, 2023

No, “ nearly half ” of $94.5 billion in retail inventory losses in 2021 was not “attributable to organized retail crime.” That line is just another in a long series of falsehoods put forth by the professional b *s at the National Retail Federation. Here’s Reuters : “The main lobbying group for U.S. retailers retracted its claim that “organized retail crime” accounted for nearly half of all inventory losses in 2021 after finding that incorrect data was used for its analysis.

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Abnormal Returns

DECEMBER 11, 2023

Markets Every major asset class, except commodities, is set for an up 2023. (capitalspectator.com) The drop in bond yields reversed a lot of market trends. (wsj.com) Crypto Coinbase ($COIN) is the 'last man standing' in the crypto space. (nytimes.com) Zeke Faux's "Number Go Up" isn't really a book about crypto. (marginalrevolution.com) Finance The mostly highly-rated sell-side analysts work hard.

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Nerd's Eye View

DECEMBER 11, 2023

For most financial advisors, 2023 was a year of rebound and reinvestment, as markets bounced back from the turbulence of 2022, and expanded profit margins allowed advisory firms room to reinvest back into the services and value they're providing clients to make sure their retention stays strong in the future. Here at Kitces.com, we've similarly been in the midst of a reinvestment process in 2023, setting the foundation so that we can give even more back to the Financial Advicer community, as we

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Abnormal Returns

DECEMBER 11, 2023

Podcasts Daniel Crosby talks 'respecting reality' with the head of Black Flag Venture, a boutique creative and marketing consulting firm. (standarddeviationspod.com) Cameron Passmore and Benjamin Felix talk with James Grubman author of "Wealth 3.0: The Future of Family Wealth Advising." (rationalreminder.libsyn.com) Brendan Frazier talks client conversations with Ross Marino, founder of Transitus Wealth Partners.

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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.

Accounting

Carson Wealth

DECEMBER 11, 2023

Stocks Remain Strong Stocks took a break last week, which was perfectly normal after a five-week win streak coming off the late-October lows. It is important to remember that stocks lead the economy, both on the way up and the way down. Various indexes are closing in on new all-time highs, and one of the most important indexes in the world is already there.

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Wealth Management

DECEMBER 11, 2023

The underweight of non-US equities, opportunities in cryptocurrency, the rise of artificial intelligence and machine learning in investments—these are important topics for today’s investors.

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Calculated Risk

DECEMBER 11, 2023

A reader asks if we could look at the participation rate for 25 to 64, as opposed to 25 to 54, since many people work until they receive Social Security and Medicare. First, the BLS provides seasonally adjusted data for the "Prime" working age group (25 to 54), but only NSA data for the 55 to 64 cohort. So, this makes tracking a larger Prime+ group more difficult.

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Wealth Management

DECEMBER 11, 2023

In a recent report, the SEC Investor Advocate suggested the commission "temporarily" stop RIAs from including mandatory arbitration clauses in contracts, arguing they could "mislead retail clients into not exercising their legal rights.

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Financial Symmetry

DECEMBER 11, 2023

When having conversations with individuals approaching retirement, but who have yet to reach age 65, one primary concern is often in the forefront of their mind: What am I going to do about health insurance before I reach Medicare age? … Continued The post Health Insurance Options to Consider When Retiring Pre-Medicare Age, ep #205 appeared first on Financial Symmetry, Inc.

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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

Wealth Management

DECEMBER 11, 2023

Who will be the winners, losers and new entrants as the convergence of wealth, retirement and benefit at work will revolutionize 401(k) plans?

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Advisor Perspectives

DECEMBER 11, 2023

We are speaking on November 3, but the big headline for 2023 has already been written. This will be the year of artificial intelligence (AI) and machine learning (ML). Not only have AI and ML driven the soaring valuations of stocks like NVDIA, but they have also demonstrated the potential to increase the efficiency of advisory practices. My guest today will provide an update on the latest in AI/ML and how solutions such as ChatGPT will positively impact financial professionals.

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Calculated Risk

DECEMBER 11, 2023

Altos reports that active single-family inventory was down 1.7% week-over-week and is now up 1.9% year-over-year. Inventory will decrease seasonally for next few weeks (for the Holidays). Click on graph for larger image. This inventory graph is courtesy of Altos Research. As of December 8th, inventory was at 546 thousand (7-day average), compared to 556 thousand the prior week.

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XY Planning Network

DECEMBER 11, 2023

Unless your firm is registered with the SEC, your business is likely subject to the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act. This post dives into key details and what you need to know as we head towards 2024 to ensure you’re compliant.

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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

Cornerstone Financial Advisory

DECEMBER 11, 2023

Weekly Market Insights: Stocks Spark Late Week Rally A late-week, two-day rally left stocks higher, adding to November’s gains as the last month of trading for 2023 began. The Dow Jones Industrial Average was flat (+0.01%), while the Standard & Poor’s 500 gained 0.21%. The Nasdaq Composite index advanced 0.69% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, was up 0.37%. 1,2,3 Stocks Extend Gains The relationship between the bond and stock markets–which push

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Advisor Perspectives

DECEMBER 11, 2023

The change in tone from the Fed Chairman regarding inflation suggests that rates may have peaked. This month, we're highlighting the positive performance of the markets, with the S&P 500 approaching levels last seen in July. We're also experiencing an improvement in consumer confidence as things remain relatively healthy despite housing costs.

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Marketing Marketing 98

Integrity Financial Planning

DECEMBER 11, 2023

As the holidays approach, you may be rounding up your finances for the end of the year. If so, one thing you may want to keep an eye on is the design of your financial portfolio. Your portfolio may not be set up with the best possible spread of investments and assets. If you’re using a generic 60/40 portfolio (60% stocks, 40% bonds), you may have noticed that the returns from this design have been lower than they were in the past.

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Wealth Management

DECEMBER 11, 2023

Zephyr Market Strategist Ryan Nauman uncovers the truths about these bold and aggressive statements and discusses whether they are realistic.

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Marketing Marketing 111

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

Numbers

Advisor Perspectives

DECEMBER 11, 2023

The chief risk for your clients who are in retirement or approaching that phase of life is the solvency of Social Security.

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Wealth Management

DECEMBER 11, 2023

Nick Zamparelli, CIO at Sequoia Financial Group, breaks down his asset allocation for the $15 billion RIA’s 50/50 model portfolio.

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A Wealth of Common Sense

DECEMBER 11, 2023

Today’s Talk Your Book is brought to you by F/M Investments: We are joined by Alex Morris, CIO and President of F/m Investments to discuss their Opportunistic Income ETF. On today’s show, we discuss: F/m Investments process for investing in the credit market Understanding interest rate risk vs single-company credit risk How companies utilizing debt to grow isn’t necessarily bad Investing in credit duri.

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Wealth Management

DECEMBER 11, 2023

Publicly-traded REITs surged in November and the outlook for interest rates may situate the sector for steady growth.

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Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

Planning

Advisor Perspectives

DECEMBER 11, 2023

The Stone Ridge High Yield Reinsurance Fund (SHRIX) was introduced a decade ago to provide pure exposure to catastrophe-reinsurance risk that had historically delivered excess returns. Let’s look at how it performed over that period.

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Wealth Management

DECEMBER 11, 2023

With fixed income suffering subpar returns amid the Federal Reserve’s monetary tightening, some have argued traditional investing advice needs a rethink.

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Trade Brains

DECEMBER 11, 2023

Inox India IPO Review : Inox India Limited is coming up with its Initial Public Offering. The IPO will open for subscription on December 14, 2023, and close on December 18, 2023. In this article, we will look at the Inox India IPO Review 2023 and analyze its strengths and weaknesses. Keep reading to find out! Inox India IPO – About The Company Inox India Limited is a supplier of cryogenic equipment that was established in December 1976.

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Wealth Management

DECEMBER 11, 2023

Young investors need to look a bit harder at how that index is weighted to make sure they’re getting the diversification they want.

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Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

Management

Trade Brains

DECEMBER 11, 2023

High FII Holding Stocks Under Rs 200 : When investing in the stock market, we always try to find the best investments, available at the most affordable prices. Although Share Price is not the most accurate measure of valuing a stock, our emotional bias is always attracted to a stock in Double or Triple Digits. At the same time, knowing that a Foreign Fund has picked up a stake does instill a lot of confidence in the stock.

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Advisor Perspectives

DECEMBER 11, 2023

You’re young. You’ve got a little money to put away every month. You aren’t madly engaged with markets. But you want to invest for the long term in a low-cost, properly diversified manner. What do you do? Ask almost anyone and you will get the same answer.

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Calculated Risk

DECEMBER 11, 2023

From Matthew Graham at Mortgage News Daily: Mortgage Rates Barely Budge, But Volatility Potential is Much Higher Tomorrow Jobs aside, inflation is the biggest nemesis for bonds/rates and the Consumer Price Index (CPI) is the biggest monthly revelation on the state of inflation. That's precisely why tomorrow's volatility potential is higher. The latest CPI will be released at 8:30am.

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