The Big Picture

SEPTEMBER 27, 2024

This week, we speak with Kyla Scanlon , creator, host of YouTube’s,“Let’s Appreciate” podcast , writer of daily short-form videos about economy + markets. She has been published at Bloomberg, New York Magazine, FT, and the NYT. Her new book “ In This Economy?: How Money & Markets Really Work ” just came out this Summer. We discuss how she came up with the idea of a “ Vibecession ” and how it became a popular New York Times guest essay.

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Healthcare Economy Numbers Assets 294

Abnormal Returns

SEPTEMBER 27, 2024

Markets Most stocks are working right now. (theirrelevantinvestor.com) Some investments are an IQ test. (downtownjoshbrown.com) It's easy to get distracted these days as an investor. (youngmoney.co) Finance ETF assets in the U.S. just hit $10 trillion. (finance.yahoo.com) A Q&A with Vlad Tenev, CEO of Robinhood ($HOOD). (fastcompany.com) OpenAI Why is everybody seemingly leaving OpenAI?

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Financial Advising Food Economy Media 279

Nerd's Eye View

SEPTEMBER 27, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study by Cerulli has shown a sharp increase in the number of affluent investors willing to pay for advice, which on the one hand reflects the increasing financial complexity in peoples' lives (while they've also gotten busier than ever at work and at home) to the extent that they're more willing to work with someone to navigate those financial challenges; while al

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Abnormal Returns

SEPTEMBER 27, 2024

Economy Barry Ritholtz talks with Kyla Scanlon author of "In This Economy? How Money and Markets Really Work." (ritholtz.com) Joe Weisenthal and Tracy Alloway talk industrial policy with Vivek Chibber, a professor at NYU. (podcasts.apple.com) Ted Seides Patrick O'Shaughnessy talks with Ted Seides author of "Private Equity Deals: Lessons in Investing, Dealmaking, and Operations from Private Equity Professionals.

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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

A Wealth of Common Sense

SEPTEMBER 27, 2024

The bull market of the 1980s and 1990s is the stuff dreams are made of.1 The S&P 500 was up nearly 18% per year over the course of those two decades.2 It’s one of the great bull markets in history. But if we want to get picky, the bull market didn’t truly start until 1982. There were back-to-back recessions in 1980 and 1981-82. You had a 17% correction in 1980 along with a near-30% bear market that bottome.

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Marketing Marketing 145

Wealth Management

SEPTEMBER 27, 2024

The two Wall Street heavyweights have struck an exclusive partnership to arrange financings for corporate and private equity clients.

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Clients 112

Calculated Risk

SEPTEMBER 27, 2024

Note: This is a repeat sales index (like Case-Shiller and FHFA). ICE is releasing this index early this month. Several cities in Florida are now seeing year-over-year price declines (as inventory surges). From ICE: • Home prices continued to cool in August, with prices up +3.0% from the same time last year according to the ICE Home Price Index, marking the slowest rate of home price growth in over a year • On an adjusted basis prices rose by +0.12% in the month – the slowest adjusted monthly gro

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Sales Marketing Marketing 113

Alpha Architect

SEPTEMBER 27, 2024

While the skewness metric did demonstrate that it could select funds with managers skilled a security selection, the fund’s expenses and implementation meant that the fund was just about able to cover its expenses, and that was before the negative impact of active management on after-tax returns—and the finding was not statistically significant at even the 10% level of confidence.

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Taxes Management Investing Investments 111

Wealth Management

SEPTEMBER 27, 2024

In other RIA news, Merchant stakes an investment banking firm, Focus partner firm Transform Wealth buys fellow Denver business Custom Portfolio Group, and Cetera's employee RIA acquires an Austin-based practice with $185 million in assets.

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Banking Portfolio Assets Investing 111

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

Advisor Perspectives

SEPTEMBER 27, 2024

Personal income ( excluding transfer receipts ) rose 0.23% in August and is up 5.4% year-over-year. However, when adjusted for inflation using the BEA's PCE Price Index, real personal income (excluding transfer receipts) was up 0.14% month-over-month and up 3.1% year-over-year.

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Wealth Management

SEPTEMBER 27, 2024

The Canell Group includes the sibling advisory duo Jay and Neil Canell. They’re joining Wells Fargo’s Private Client Group along with four advisors and support staff.

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Clients 111

Validea

SEPTEMBER 27, 2024

In today’s rapidly changing technology sector, identifying stocks with strong growth potential can be challenging. Validea’s Twin Momentum strategy offers a unique approach to identifying stocks that are not only performing well, but are also backing that performance up with their fundamentals. Let’s explore this strategy and five tech stocks that are currently passing its rigorous criteria.

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Electronics Engineering Manufacturing Portfolio 98

Wealth Management

SEPTEMBER 27, 2024

Educate them now about finances and typical identity theft fraud schemes.

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Education 111

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.

Accounting

Advisor Perspectives

SEPTEMBER 27, 2024

That is much clearer and far more accurate. On Wednesday, Reuters first reported that the company is set to announce a restructuring under which its nonprofit board will lose control over the company’s core business.

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Nonprofit 98

Wealth Management

SEPTEMBER 27, 2024

Listen as Marissa Herr, Head of Technology Consulting at Fidelity Investments, share insights on her firm’s dedication to enhancing the client experience.

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Trade Brains

SEPTEMBER 27, 2024

Understanding the significance of candlestick patterns for technical analysis is crucial since they provide valuable insights into the price movements of securities. We will explore the significance, psychology, and trading approaches associated with the spinning top candlestick pattern among the various available candlestick patterns. Spinning Top candlestick pattern – Definition The spinning top is a candlestick pattern that signals market indecision.

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Risk Management Marketing Marketing Banking 98

Wealth Management

SEPTEMBER 27, 2024

(Sponsored Content) At Wells Fargo Advisors, we believe supporting diverse advisors starts with a culture of actively engaging with them throughout their journeys.

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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

Calculated Risk

SEPTEMBER 27, 2024

Here is a graph of the year-over-year change in shelter from the CPI report and housing from the PCE report this morning, both through August 2024. CPI Shelter was up 5.2% year-over-year in August, up from 5.0 in July, and down from the cycle peak of 8.2% in March 2023. Housing (PCE) was up 5.3% YoY in August , up from 5.2% in July, and down from the cycle peak of 8.3% in April 2023.

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Wealth Management

SEPTEMBER 27, 2024

Listen as John Mackowiak, Chief Revenue Officer at Advyzon, as he unveils the challenges of traditional fragmented technology stacks and highlights how his firm’s proprietary tools drive unprecedented efficiency for users.

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Wealth Management Management 104

Calculated Risk

SEPTEMBER 27, 2024

The BEA released the Personal Income and Outlays report for August: Personal income increased $50.5 billion (0.2 percent at a monthly rate) in August , according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI), personal income less personal current taxes, increased $34.2 billion (0.2 percent) and personal consumption expenditures (PCE) increased $47.2 billion (0.2 percent).

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Food Taxes Economics 72

Wealth Management

SEPTEMBER 27, 2024

Listen as Martin Tarlie, Product Lead at Nebo Wealth, as he shares his vision for the future of investing.

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Wealth Management Management Investing Investments 102

Advertisement

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

SEPTEMBER 27, 2024

Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. There is, however, a general belief that there are four big indicators that the committee weighs heavily in their cycle identification process.

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Wealth Management

SEPTEMBER 27, 2024

Discover the benefits of joining Wells Fargo Advisors. Enhanced resources, localized support, and a full balance sheet await.

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Recruitment 102

Advisor Perspectives

SEPTEMBER 27, 2024

At a finance conference in London this summer, four senior investment bankers set about persuading the room that the $1.7-trillion private credit market isn’t a threat to Wall Street. Barely three months later, two of them have jumped ship to seek their fortunes in the upstart asset class.

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Assets Investing Investments Marketing 64

Wealth Management

SEPTEMBER 27, 2024

Listen as, Brian McLaughlin, President of Orion Advisor Technology, as he explores the innovative tech solutions that empower financial advisors to thrive in today's fast-paced market.

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Wealth Management Financial Advisor Management Marketing 100

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

Random Roger's Retirement Planning

SEPTEMBER 27, 2024

The Up & Down Wall Street column in Barron's looked at how Friday's PCE report validated the FOMC's decision to cut by 50 basis points this month. The conversation drifted into a look at value stocks' performance which teed up Cliff Asness to make the case for value. Cliff is obviously bigger than the typical thought leader but there is an element of why say in 100 words what you can say in 1000 words to his writing style.

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Management Portfolio Investing Investments 59

Calculated Risk

SEPTEMBER 27, 2024

Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie: Single Family Serious Delinquency Rate Ticked Up in August Brief excerpt: Single-family serious delinquencies increased slightly in August, and multi-family serious delinquencies decreased slightly. Freddie Mac reports that the multi-family delinquencies rate decreased to 0.38% in August, down from 0.39% in July, and down from the recent peak of 0.44% in January.

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Wealthfront

SEPTEMBER 27, 2024

Recently, the Federal Reserve lowered the target range for the federal funds rate. This decision affects most consumer interest rates, so it’s normal to wonder what this change might mean for you. In this post, we’ll explain what interest rate decreases mean for your money and how you can make the most of your savings […] The post How To Make the Most of Your Money When Interest Rates Decrease appeared first on Wealthfront Blog.

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