The Big Picture
NOVEMBER 3, 2023
We just experienced the strongest economic recovery since the end of World War II Source: Irrelevant Investor Light posting as I’m getting ready for some travel, but this chart is so amazing. It’s hard not to look at the two biggest recovery outliers: The post-WW2 era, and the post-Covid Era. The parallels are pretty strong, especially when it comes to both the Labor market and the Inflation surges.
Abnormal Returns
NOVEMBER 3, 2023
Economy Kyla Scanlon talks with Derek Thompson about how to rally people to an abundance mindset. (youtube.com) Derek Thompson talks with Conor Sen about the housing recession. (open.spotify.com) Business Patrick O'Shaughnessy talks with Palmer Luckey, founder of Anduril Industries. (joincolossus.com) Alex Kantrowitz talks with Tekedra Mawakana is the Co-CEO at Waymo.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Nerd's Eye View
NOVEMBER 3, 2023
Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Department of Labor this week released its long-awaited "retirement security rule", its latest effort to curb conflicts of interest around retirement savings recommendations. Among other measures, the proposal would amend the current 5-part test that determines fiduciary status for retirement accounts by defining as a fiduciary act a one-time recommendation to roll fun
Abnormal Returns
NOVEMBER 3, 2023
Markets There are always scary headlines in the stock market. (awealthofcommonsense.com) One week doth not a bond bull market make. (allstarcharts.com) Crypto SBF found guilty on all counts. (coindesk.com) So much for everyone who said SBF wouldn't be indicted and/or convicted. (lefsetz.com) Companies Six Flags ($SIX) and Cedar Fair ($FUN) are merging.
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.
The Reformed Broker
NOVEMBER 3, 2023
Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Eric Jackson, and Downtown Josh Brown discuss the market’s strong start to November, using AI and machine learning to find alpha, the magnificent 7, fintech stocks, the court ruling impacting real estate stocks, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Calculated Risk
NOVEMBER 3, 2023
The headline jobs number in the October employment report was below expectations, and employment for the previous two months was revised down by 101,000, combined. The participation rate and the employment population ratio both decreased, and the unemployment rate increased to 3.9%. Leisure and hospitality gained 19 thousand jobs in October. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 223 thousand jobs since Februa
Wealth Management
NOVEMBER 3, 2023
Notes on these TED Talks that inspired your colleagues.
Alpha Architect
NOVEMBER 3, 2023
The timelier adoption of new technology and the higher likelihood of large-scale technology adoption make the risk associated with technological innovation more systematic, which in turn increases returns required by investors for technology spillover recipients. Technology Spillover Impacts Stock Returns was originally published at Alpha Architect.
Wealth Management
NOVEMBER 3, 2023
“Technology is not going to replace advisors, but advisors who do embrace technology are going to replace advisors who don’t,” said David Karr, chairman of Equitable Advisors.
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.
Integrity Financial Planning
NOVEMBER 3, 2023
In this digital age, shifting our attention back to the tangible world of magazines might seem like a step back, but there’s a certain charm and satisfaction in flipping through the crisp pages of a well-curated publication. Here are some compelling reasons to revisit the world of magazines and a few exceptional recommendations to get you started.
Wealth Management
NOVEMBER 3, 2023
F2 Strategy's co-founder and CEO provides his take on the most important wealth management technology news of the last month.
Calculated Risk
NOVEMBER 3, 2023
The BEA released their estimate of vehicle sales for October. This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the October 2023 seasonally adjusted annual sales rate (SAAR). Heavy truck sales really collapsed during the great recession, falling to a low of 180 thousand SAAR in May 2009. Then heavy truck sales increased to a new record high of 570 thousand SAAR in April 2019.
Wealth Management
NOVEMBER 3, 2023
Industry leaders speaking at AdviceTech.Live said they have spent significant sums of money on the development of AI to increase both automation and scale, but the human advisor remains central.
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
Advisor Perspectives
NOVEMBER 3, 2023
The latest employment report showed 150,000 jobs were added in October, less than the expected addition of 180,000 new jobs. Meanwhile, the unemployment rate increased to 3.9%.
Wealth Management
NOVEMBER 3, 2023
Multifamily has maintained its status as the best performing and most resilient asset class through economic cycles.
Calculated Risk
NOVEMBER 3, 2023
From the BLS : Total nonfarm payroll employment increased by 150,000 in October, and the unemployment rate changed little at 3.9 percent , the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, government, and social assistance. Employment declined in manufacturing due to strike activity. The change in total nonfarm payroll employment for August was revised down by 62,000, from +227,000 to +165,000, and the change for September was revised down by 39,000, from +33
Wealth Management
NOVEMBER 3, 2023
Low close ratios are almost always the result of a lack of training.
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.
Calculated Risk
NOVEMBER 3, 2023
From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. Combined originated carloads and intermodal units on U.S. railroads averaged 499,331 per week in October 2023, the most for any month since June 2021 — a span of 28 months. Part of the increase relates to intermodal seasonality and concerns over Panama Canal capacity, but part also reflects an economy that remains resilient. emphasis added Click on graph for larger image.
Wealth Management
NOVEMBER 3, 2023
The new United Capital has $20 billion in total assets, 125 advisors, its own ADV and a management team pulled from both Creative Planning and Goldman Sachs.
Calculated Risk
NOVEMBER 3, 2023
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Due to changes at the CDC, weekly cases are no longer updated. For deaths, I'm currently using 3 weeks ago for "now", since the most recent two weeks will be revised significantly. Hospitalizations have more than doubled from a low of 5,150 in June 2023, but have declined over the last few weeks.
Wealth Management
NOVEMBER 3, 2023
Advisor Robert Moon, who managed $500 million at Merrill Lynch’s Private Banking and Investment Group, joins Rockefeller's Global Family Office.
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.
Discipline Funds
NOVEMBER 3, 2023
Here are some things I think I am thinking about: 1) The Goldilocks Labor Report. Friday’s employment report came in weaker than expected, which is, weirdly, very good news for the economy and the Fed. The important point is that it was weak, but not too weak. It was just right. Private payrolls came in at 99K which was well below the consensus estimate of 143K.
Wealth Management
NOVEMBER 3, 2023
This is a pivotal moment in this ever-changing landscape, requiring advisors to weigh the benefits against the drawbacks and make informed decisions about their future path.
Calculated Risk
NOVEMBER 3, 2023
Today, in the Calculated Risk Real Estate Newsletter: Lawler: Single-Family Rent Results A brief excerpt: [H]ere are the latest rent trends just reported from two of the largest publicly traded firms in the single-family rental industry: Invitation Homes, and AMH (American Homes 4 Rent). The rent trends are for “same store/same properties.” Note that while rental growth rates have clearly decelerated at both firms since 2022, the slowdown in rent growth has been nowhere near as large as that in
Wealth Management
NOVEMBER 3, 2023
Vib Arya, chief operating officer at Shufro Rose & Co., provides an honest assessment of the technology tools used by the $1.8 billion AUM firm to work with clients and drive business.
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.
Financial Symmetry
NOVEMBER 3, 2023
On your journey to reach your ideal retirement stock options can be a valuable tool to have in your arsenal. However, it’s easy to make mistakes with them since it’s not like there’s a class in high school that helps … Continued The post 8 Typical Stock Option Mistakes to Avoid, Ep #203 appeared first on Financial Symmetry, Inc.
Wealth Management
NOVEMBER 3, 2023
AdvisorEngine's Craig Ramsey details why having up-to-date data allows for better and faster decision making.
Trade Brains
NOVEMBER 3, 2023
Best Penny Stocks With High ROE: In the world of investing, penny stocks are like hidden treasures. They’re often from smaller, less famous companies that could grow a lot. But, they’re also very risky. One of the ways to judge the potential of these stocks is by seeing how much return these stocks have given to their shareholders. In this article, we’ll talk about the 5 Best penny stocks With High ROE, we selected 5 stocks from various industries based on high ROE.
Expert insights. Personalized for you.
291 
Let's personalize your content