Abnormal Returns

JUNE 30, 2024

Also on the site Some reasons why being online is so exhausting these days. (abnormalreturns.com) Top clicks this week Mean reversion happens in the stock market. Good luck trying to time it. (awealthofcommonsense.com) The degenerate economy is booming. (howardlindzon.com) Stop dissing standard deviation as a risk measure. (morningstar.com) Holding cash is comfortable right now, too comfortable.

Economy 303

Economy Investing Investments Marketing 303

Calculated Risk

JUNE 30, 2024

From STR: U.S. hotel results for week ending 22 June The U.S. hotel industry reported lower performance results from the previous week and mixed comparisons year over year, according to CoStar’s latest data through 22 June. 16-22 June 2024 (percentage change from comparable week in 2023): • Occupancy: 69.5% (-2.5%) • Average daily rate (ADR): US$159.88 (+0.1%) • Revenue per available room (RevPAR): US$111.17 (-2.3%) emphasis added The following graph shows the seasonal pattern for the hotel occu

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Abnormal Returns

JUNE 30, 2024

Markets Entertainment stocks are struggling YTD. (hollywoodreporter.com) Lumber prices are struggling YTD. (wsj.com) Strategy Europe's stock market has badly lagged the U.S. How much longer can it last? (awealthofcommonsense.com) There's no getting around it, investing is complicated. (tker.co) Don't forget, stocks are real assets. (downtownjoshbrown.com) Policy The Supreme Court has overturned the Chevron doctrine.

Financial Advising 301

Financial Advising Media Government Economy 301

Calculated Risk

JUNE 30, 2024

Today, in the Calculated Risk Real Estate Newsletter: Final Look at Local Housing Markets in May and a Look Ahead to June Sales A brief excerpt: In May, sales in these markets were down 0.1% YoY. In April, these same markets were up 7.6% year-over-year Not Seasonally Adjusted (NSA). Sales in all of these markets are down compared to May 2019. This was a 0.1% year-over-year decrease NSA for these markets.

Sales 200

Sales Marketing Marketing 200

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

Accounting

A Wealth of Common Sense

JUNE 30, 2024

Back in 2020 I wrote a quick rundown of the U.S. real estate market in charts to show how the pandemic was impacting the housing market. It’s been a few years so it’s time to update those charts. The existing home months’ supply measures the number of months it would take to sell all of the houses on the market at the current pace of sales: It’s well off the lows of late-2021/early-2022 and trendi.

Marketing 125

Marketing Marketing Numbers Sales 125

Calculated Risk

JUNE 30, 2024

Weekend: • Schedule for Week of June 30, 2024 • Final Look at Local Housing Markets in May and a Look Ahead to June Sales Monday: • At 10:00 AM ET, ISM Manufacturing Index for June. The consensus is for the ISM to be at 49.0, up from 48.7 in May. • Also at 10:00 AM, Construction Spending for May. The consensus is for a 0.3% increase in construction spending.

Manufacturing 195

Manufacturing Sales Marketing Marketing 195

Random Roger's Retirement Planning

JUNE 30, 2024

The latest retirement disaster article from Yahoo focuses on 55 year olds who have a "median savings of less than $50,000." Yahoo says it's "bleak" because this cohort is "only about a decade from retiring." Anyone else skeptical about that $50,000 figure? It is pretty clear that all age cohorts are woefully undersaved but, yeesh, I don't know about that.

Retirement 75

Retirement Math Taxes Accounting 75

Trade Brains

JUNE 30, 2024

Down Gap Side-By-Side Pattern: Candlestick patterns are the key technical tool for traders to understand price movements. The patterns formed on candlestick charts over a given time frame offer potential views on trend reversals, continuations, or indecision present in the market. In this article, we will delve into the Down Gap Side By Side candlestick pattern, exploring its meaning, characteristics, and strategies with the example of charts.

Risk Management 59

Risk Management Management Marketing Marketing 59

oXYGen Financial

JUNE 30, 2024

![CDATA[ Is Amazon's Prime Day a treasure trove of deals or a cunningly disguised spending trap? You're certainly not alone in wondering. Mark your calendars - this year's Prime Day stretches beyond a single day, kicking off on Tuesday, July 16th and running for 48 hours through Wednesday, July 17th.

Advertising 52

Advertising 52

Advisor Perspectives

JUNE 30, 2024

Oil retreated from a nearly two-month high as traders weighed a weakening physical market against escalating Mideast tensions.

Marketing 52

Marketing Marketing 52

Advertisement

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

Accounting

The Big Picture

JUNE 30, 2024

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • The Federal Reserve’s Little Secret : No one really knows how interest rates work, or even whether they work at all—not the experts who study them, the investors who track them, or the officials who set them. ( The Atlantic ) • Why Front-Page News Can Mislead Investors : Extreme pessimism—the kind that often leads the news—can potentially be fertile ground for investment opportunities. ( Morningstar )

Economy 147

Economy Math Engineering Valuation 147

Advisor Perspectives

JUNE 30, 2024

Bitcoin’s performance is starting to be overshadowed by the Ether and Solana tokens as hype around US cryptocurrency exchange-traded funds shifts to the two smaller digital assets.

Assets 52

Assets 52

Advisor Perspectives

JUNE 30, 2024

Sour sentiment toward emerging-market stocks is obscuring uncommon opportunities for equity investors.

Marketing 52

Marketing Marketing 52

Advisor Perspectives

JUNE 30, 2024

Hype over artificial intelligence, the eagerly anticipated launch of Bitcoin funds, and billions of dollars flowing toward the seemingly unstoppable stock-market surge: ETFs have seen it all and been the beneficiary so far this year.

Marketing 52

Marketing Marketing 52

Advertisement

Like being inches from the end zone, many advisors are frustratingly close to their next level of success. You work hard. You put in the hours. But if your closing rate is stuck or your pipeline feels like a revolving door… something has to change. Most advisors are just one small shift away from dramatically increasing their revenue. The difference?

Sales

Advisor Perspectives

JUNE 30, 2024

Adapting to the new cycles requires swift operational changes, making the guidance of experienced managers crucial.

Management 45

Management 45

Advisor Perspectives

JUNE 30, 2024

U.S. corporate pension plan sponsors are required to measure their plan liabilities for a few important purposes.

Planning 40

Planning 40