Abnormal Returns

OCTOBER 26, 2023

Markets Why aren't stocks down more? (theirrelevantinvestor.com) The stock-bond correlation does one thing: it changes. (fa-mag.com) Stocks outperform bonds over the long run, but not every year or even decade. (bestinterest.blog) 60/40 portfolios Where the valuation of the 60/40 portfolio stands. (morningstar.com) Why the 60/40 portfolio endures. (demystifyingmarkets.com) Strategy On the importance of being able to sit on your hands.

Financial Advising 278

Financial Advising Valuation Portfolio Economy 278

The Big Picture

OCTOBER 26, 2023

Earlier this year, I gave my first presentation since the pandemic began. I discussed all of the many ways we hurt ourselves financially, specifically, the focus was on the 3 biggest mistakes high net-worth people make. I got lots of good feedback about the presentation, but my favorite note from someone in the room was: “ Thanks for identifying these issues, but how do I navigate them ?

Taxes 148

Taxes Investing Investments 148

A Wealth of Common Sense

OCTOBER 26, 2023

Further Reading: Do Valuations Even Matter For the Stock Market? 1I would argue real estate would be a close second on this list from an inflation hedge perspective but the long run returns are much harder to calculate when you include things like ancillary costs, mortgage rates, refinancing, leverage, etc. 2And this is real since stocks are a real asset.

Marketing 138

Marketing Marketing Valuation Assets 138

Calculated Risk

OCTOBER 26, 2023

From CoreLogic: US Serious Mortgage Delinquency Rate Drops to All-Time Low in August • The share of U.S. borrowers who were in serious mortgage delinquency (90 days or more late on payments) dropped to 0.9% in August, the lowest recorded since January 1999. • The overall national mortgage delinquency rate (30 days or more late) was at 2.6% in August, also a historic low. • The U.S. foreclosure rate held steady at 0.3% in August, unchanged since early 2022. • Only Idaho and Utah saw slight annual

Marketing 132

Marketing Marketing 132

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Accounting

Wealth Management

OCTOBER 26, 2023

The launch of JP Morgan Private Markets Fund earlier this month was the asset manager’s latest offering in the race to make alternatives more accessible.

Assets 119

Assets Management Marketing Marketing 119

Advisor Perspectives

OCTOBER 26, 2023

The National Association of Realtors® (NAR) released the latest monthly data for its pending home sales index. The index inched up 1.1% in September to 72.6, a surprising increase compared to the expected 1.8% decline. Despite the growth, pending home sales remain low as the latest index reading is the third lowest in the historical series. Pending home sales are down 11.0% compared to one year ago.

Sales 116

Sales 116

Wealth Management

OCTOBER 26, 2023

Compliance has not kept up with the current the dynamic regulatory environment and its multitude of requirements.

Compliance 116

Compliance Financial Services 116

Trade Brains

OCTOBER 26, 2023

Best Chemical Stocks with High FII Holdings : In the complex structure of global industries, when we see textiles of multiple colors, and skyscrapers built around the world we have to sit & ask ourselves, What are the basic components that make all of this possible? What are the raw materials that might seem simple but can construct an intricately beautiful world?

Manufacturing 105

Manufacturing Pharmaceutical Engineering Marketing 105

Wealth Management

OCTOBER 26, 2023

The commission accused Julie Anne Darrah of a multi-year scheme targeting elderly female advisory clients spanning from before and after her firm joined Wealth Enhancement Group.

Clients 116

Clients Commission 116

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

Discipline Funds

OCTOBER 26, 2023

Q3 GDP came in at a boomy 4.9%. The chart at the right breaks down the contributions by component. The primary drivers were inventories and personal consumption at 1.3% and 2.69%. The inventory rebuild is a volatile component, but the consumption figure is impressive and reflects the most important component of GDP. The US consumer has been remarkably resilient in the face of many different headwinds.

Economy 105

Economy Economics Marketing Marketing 105

Wealth Management

OCTOBER 26, 2023

CEO Dan Arnold sees the firm’s recent deal with Prudential as a catalyst to having more discussions with insurance-owned firms with similar needs.

Recruitment 116

Recruitment Insurance 116

The Irrelevant Investor

OCTOBER 26, 2023

Consumer prices are up 20% since the end of 2019. Interest rates have gone from 0% to 5% over the same time. Financial conditions have tightened, and yet the stock market hasn’t broken. If you had known the future paths of the two most important macro variables, inflation and interest rates, you would have thought the stock market would be significantly worse off than it is today.

Marketing 104

Marketing Marketing 104

Wealth Management

OCTOBER 26, 2023

Mindy Diamond and Louis Diamond share ideas from 25 years of experience to help advisors navigate the daunting process of transition.

116

116

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

Talon Wealth

OCTOBER 26, 2023

Retirement planning can be intimidating, especially if you need help figuring out where to start. But with a few simple tips and arming yourself with a bit of knowledge, you can begin to prepare for your golden years and set yourself on the path to financial security. Determine When to Start Saving When it comes to saving for retirement, earlier is almost always better.

Retirement 98

Retirement Retirement Planning Budgeting Taxes 98

Wealth Management

OCTOBER 26, 2023

Big changes at the top were announced for both Rudin and Silverstein Properties with next generation family members taking the helms at both firms. The Wall Street Journal looked at the growth of the data center segment as an investment strategy. These are among the must reads from the real estate investment world to wrap up the week.

Investing 111

Investing Investments 111

Talon Wealth

OCTOBER 26, 2023

Retirement planning is a critical part of financial security that many women still overlook. However, remember that as a woman, you have a longer life expectancy than a man, which means retirement planning is even more important. You need to plan for a longer retirement period and ensure you have enough of a nest egg to accommodate your needs. The good news is, by concentrating on a few key areas now, you can increase your chances of spending your golden years happy, comfortable, and secure. 1.

Retirement Planning 98

Retirement Planning Retirement Planning Medical 98

Wealth Management

OCTOBER 26, 2023

Pick beat out two other CEO contenders: Co-President Andy Saperstein and Dan Simkowitz, who has led investment management.

Management 103

Management Investing Investments 103

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

NAIFA Advisor Today

OCTOBER 26, 2023

Corey Anderson is an insurance agent specializing in counseling advisors on implementing insurance plans for disabled clients. As an industry leader, Corey is a frequently featured speaker at industry meetings on topics pertaining to disability insurance. He has served on the state and local NAIFA board for over 18 years, holding various roles, including president.

Distribution 98

Distribution Insurance Clients Planning 98

Calculated Risk

OCTOBER 26, 2023

From the BEA: Gross Domestic Product, Third Quarter 2023 (Advance Estimate) Real gross domestic product (GDP) increased at an annual rate of 4.9 percent in the third quarter of 2023 , according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.1 percent. The increase in real GDP reflected increases in consumer spending, private inventory investment, exports, state and local government spending, federal government spending, and resi

Government 88

Government Financial Services Food Retail 88

Wealth Management

OCTOBER 26, 2023

Advisors at Nitrogen's Fearless Investing Conference describe how they're helping their clients invest fearlessly.

Clients 72

Clients Investing Investments 72

Advisor Perspectives

OCTOBER 26, 2023

New orders for manufactured durable goods rose more than expected in September, coming in at $297.24B. This is a 4.7% increase from the previous month and is more than the expected 1.7% growth. The series is up 7.8% year-over-year (YoY). If we exclude transportation, "core" durable goods were up 0.5% from the previous month and up 1.7% from one year ago.

Transportation 72

Transportation Manufacturing 72

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

Wealth Management

OCTOBER 26, 2023

The largest digital asset is up 16% this week and at one point topped $35,000 for the first time since 2022.

Assets 72

Assets 72

Calculated Risk

OCTOBER 26, 2023

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, Personal Income and Outlays for September. The consensus is for a 0.4% increase in personal income, and for a 0.3% increase in personal spending. And for the Core PCE price index to increase 0.3%. PCE prices are expected to be up 3.4% YoY, and core PCE prices up 3.7% YoY. • At 10:00 AM, University of Michigan's Consumer sentiment index (Final for October).

69

69

Advisor Perspectives

OCTOBER 26, 2023

Real gross domestic product increased at an annual rate of 4.9% in Q3 2023, according to the advance estimate. The latest estimate is higher than the forecasted 4.3% growth and is more than double the pace of the Q2 2023 GDP final estimate of 2.1%.

69

69

Calculated Risk

OCTOBER 26, 2023

Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report from Jiayi Xu: Weekly Housing Trends View — Data Week Ending Oct 21, 2023 • Active inventory declined, with for-sale homes lagging behind year ago levels by 2.0%. For 18 straight weeks, the number of homes available for sale has registered below that of the previous year.

Sales 69

Sales Numbers Marketing Marketing 69

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

The Irrelevant Investor

OCTOBER 26, 2023

Today’s Compound and Friends is brought to you by Public: Visit public.com/compound for more information on how to earn 5+% interest with a treasury account on public. On today’s show, we discuss: New normal or no normal? How economists got it wrong for 3 years Listen here: Charts: Recommendations: Same As Ever Rick Brink: LinkedIn Contact us at askthecompoundshow@gmail.com with any fee.

Accounting 67

Accounting 67

Wealth Management

OCTOBER 26, 2023

Stock-bond correlations are positive again, making many observers question conventional investing wisdom.

Investing 64

Investing Investments 64

Calculated Risk

OCTOBER 26, 2023

From the NAR: Pending Home Sales Grew 1.1% in September Pending home sales augmented 1.1% in September , according to the National Association of REALTORS®. The Northeast, Midwest and South posted monthly gains in transactions while the West experienced a loss. All four U.S. regions had year-over-year declines in transactions. "Despite the slight gain, pending contracts remain at historically low levels due to the highest mortgage rates in 20 years," said Lawrence Yun, NAR chief economist.

Sales 64

Sales 64