The Big Picture

DECEMBER 21, 2023

 At the Money: Seasonality In Stocks with Jeff Hirsch of the Stock Trader’s Almanac. (Dec 20, 2023) How do historical patterns and seasonality affect equities? Can these patterns successfully inform future investments? In this episode, I speak with Jeff Hirsch of the Stock Trader’s Almanac to discuss seasonal patterns in equities. He’s devoted much of his career to the study of historical patterns and market seasonality in conjunction with fundamental and technical analysis.

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Numbers Marketing Marketing Taxes 322

Abnormal Returns

DECEMBER 21, 2023

Markets Small cap stocks still look cheap relative to large caps. (morningstar.com) What do you get when you combine momentum and quality? (downtownjoshbrown.com) Finance Citigroup ($C) is now getting out of the distressed debt trading business. (finance.yahoo.com) Banks are clawing to hold onto a chunk of the leveraged lending market. (bloomberg.com) Sweden's stock market may cut back their trading hours.

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Financial Advising Media Banking Economy 289

A Wealth of Common Sense

DECEMBER 21, 2023

A reader asks: What would you advise as an alternative to getting on the “real estate ladder”? Saving and waiting for lower interest rates? Or investing in the market until you can put down a larger down payment? Offering advice on the home buying process is even harder than offering investment advice without more context. Investing is personal but your living situation has even more idiosyncratic risks involv.

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Marketing Marketing Investing Investments 115

Wealth Management

DECEMBER 21, 2023

These nine episodes provide diverse points of view, cutting-edge information, inspirational guests and valuable insights to help advisors improve both their professional and personal lives.

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Advertisement

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

Accounting

Calculated Risk

DECEMBER 21, 2023

The DOL reported : In the week ending December 16, the advance figure for seasonally adjusted initial claims was 205,000 , an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 202,000 to 203,000. The 4-week moving average was 212,000, a decrease of 1,500 from the previous week's revised average.

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Trade Brains

DECEMBER 21, 2023

Best Small Cap Stocks with High Net Profit Margin : Investing in the Stock Market can be quite a tricky business. The number of ratios to analyze & compare with peers can be quite overwhelming, Isn’t it? So, if asked to choose one metric to pick out the few bad apples from the good ones, what would it be? Our pick would be Net Profit Margins. These margins give us an idea as to what percentage of revenue the Company takes home.

Engineering 101

Engineering Investing Investments Sales 101

Wealth Management

DECEMBER 21, 2023

Avoid an unnecessary and expensive penalty by having these policies and procedures in place regarding e-signatures.

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Advisor Perspectives

DECEMBER 21, 2023

As is our custom, we conclude the year by reflecting on the 10 most-read investment and planning articles over the past 12 months. Tomorrow, we will highlight the 10 most-read practice management articles.

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Investing Investments Planning Management 99

Wealth Management

DECEMBER 21, 2023

Education about gold investments is key to ensuring clients have a well-balanced portfolio that can withstand economic fluctuations.

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Portfolio Clients Education Economics 112

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

Assets

Random Roger's Retirement Planning

DECEMBER 21, 2023

ProShares jumped into the covered call fray with its S&P 500 High Income ETF (ISPY). That is some symbol. The point of differentiation for ISPY is that instead of selling calls with a monthly expiration it sells calls out of the money with a daily expiration (0dte). Defiance ETFs has three funds that sell 0dte puts. The volume generally for 0dte options is very high.

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Portfolio Asset Allocation Marketing Marketing 75

Wealth Management

DECEMBER 21, 2023

With younger generations facing higher housing costs and a tricky job market, many are living at home and getting financial assistance from their families.

Retirement 101

Retirement Marketing Marketing 101

Ron A. Rhodes

DECEMBER 21, 2023

In the 401(k) world there has for many years been the option for plan participants to contribute to Roth 401(k) accounts, rather than traditional 401(k) account.

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Accounting Taxes Investments Investing 65

Wealth Management

DECEMBER 21, 2023

A review of the most influential trends that impacted advisors in 2023, plus predictions and actionable guidance for 2024.

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Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

Management

Calculated Risk

DECEMBER 21, 2023

From WardsAuto: December U.S. Light-Vehicle Sales Tracking to End Year on Positive Note (pay content). Brief excerpt: Higher inventory and increased discounting, combined with a rebound in fleet deliveries, will lead December's results. With Q4 totaling a 15.5 million-unit annualized rate, sales in entire-2023 will total a 4-year-high 15.4 million units.

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Sales 64

Wealth Management

DECEMBER 21, 2023

Strategic tax-loss harvesting can improve a portfolio’s after-tax returns and offset ordinary income.

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Taxes Portfolio 97

Calculated Risk

DECEMBER 21, 2023

From the BEA: Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, Third Quarter 2023 Real gross domestic product (GDP) increased at an annual rate of 4.9 percent in the third quarter of 2023 , according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.1 percent.

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Government Economics Investing Investments 64

SEI

DECEMBER 21, 2023

SEI to Leverage Unique Industry Position to Meet Market Demand and Streamline Investment Process for Alternatives

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Investing Investments Marketing Marketing 59

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

Calculated Risk

DECEMBER 21, 2023

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 8:30 AM ET, Durable Goods Orders for November. The consensus is for a 0.1% increase. • Also at 8:30 AM, Personal Income and Outlays for November. The consensus is for a 0.4% increase in personal income, and for a 0.3% increase in personal spending. And for no change in the PCE price index, and the Core PCE price index to increase 0.2%.

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Sales 59

Discipline Funds

DECEMBER 21, 2023

Is there a chance that the market has gotten way ahead of the Federal Reserve? Will core inflation continue to linger in 2024? Cullen Roche expects interest rate volatility, even with continued stabilization. The U.S. consumer seems to be incredibly resilient. How can investors manage their fixed income portfolio? Roche says that for a more immediate time horizon, it is important to extend T-Bill maturities.

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Media Portfolio Assets Management 52

Calculated Risk

DECEMBER 21, 2023

From STR: U.S. hotel results for week ending 16 December U.S. hotel performance was expectedly lower from the previous week, but year-over-year comparisons were positive, according to CoStar’s latest data through 16 December. 10-16 December 2023 (percentage change from comparable week in 2022): • Occupancy: 54.7% (+1.1%) • Average daily rate (ADR): US$142.62 (+4.7%) • Revenue per available room (RevPAR): US$77.99 (+5.8%) emphasis added The following graph shows the seasonal pattern for the hotel

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Advisor Perspectives

DECEMBER 21, 2023

As is our custom, we conclude the year by reflecting on the 10 most-read practice management articles over the past 12 months. Tomorrow, we will highlight the 10 best articles you probably missed.

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Management 52

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

Clients

Calculated Risk

DECEMBER 21, 2023

From ICE (formerly Black Knight): ICE First Look at November Mortgage Performance: Delinquencies Historically Low Despite Seasonal Rise; Performance of Recent Originations Worth Watching • The national delinquency rate edged higher to 3.39% in November – down 10 basis points (bps) from the same time last year – but remains 64 bps below pre-pandemic levels • Likewise, early-stage delinquencies among VA loans hit their highest non-pandemic levels since 2009, as rising interest rates have begun to

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Numbers Sales 59

Advisor Perspectives

DECEMBER 21, 2023

As 2023 is nearing its end, tax-loss harvesting season is in full swing. This is often top of mind for advisors and their clients. But Capital Group is seeing some advisors hesitate to harvest losses due to ongoing volatility in the equity and bond markets, and general uncertainty about 2024. My guest, Courtney Wolf, joins me today to talk about why to deploy cash and use tax-loss harvesting via active fixed income ETFs.

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Taxes Portfolio Management Portfolio Clients 52

Validea

DECEMBER 21, 2023

This episode is the first part II our Show Us Your Portfolio series. When we originally spoke to Larry Swedroe, we were very intrigued by his use of illiquid alternatives within his portfolio. But we didn’t have time in the original interview to dig into the details of his strategy and the individual components of it. In this interview , we correct that.

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Portfolio 52

Advisor Perspectives

DECEMBER 21, 2023

The end of one year and the start of another is always a good time to admit one’s mistakes. And I got something wrong — really wrong — about remote work.

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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

Ron A. Rhodes

DECEMBER 21, 2023

In recent years a major development has occurred with respect to annuities … more and more insurance companies are offering annuity products with no commissions.

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Commission Insurance Fiduciary Duty Financial Advisor 45

Advisor Perspectives

DECEMBER 21, 2023

Since the financial crisis of 2008, policymakers have been cracking down on leverage at banks. As a result, banks cut back on any lending that didn’t seem profitable enough if it wasn’t juiced by leverage.

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Banking 52

Abnormal Returns

DECEMBER 21, 2023

Books Five insights from "Big Fiction: How Conglomeration Changed the Publishing Industry and American Literature" by Dan Sinykin. (nextbigideaclub.com) Anne Helen Petersen talks with Amy Schiller author of "The Price of Humanity: How Philanthropy Went Wrong — And How to Fix It." (annehelen.substack.com) Technology A true AI assistant is Google's ($GOOGL) real moonshot.

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Advertising Numbers 263