Sat.Jul 20, 2024

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Schedule for Week of July 21, 2024

Calculated Risk

The key report this week is the advance estimate of Q2 GDP. Other key reports include June Existing Home Sales, New Home Sales, and Personal Income and Outlays. For manufacturing, the July Richmond and Kansas City Fed manufacturing surveys will be released. -- Monday, July 22nd -- 8:30 AM ET: Chicago Fed National Activity Index for June. This is a composite index of other data. -- Tuesday, July 23rd -- 10:00 AM: Existing Home Sales for June from the National Association of Realtors (NAR).

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Amex Says It’s Going on Marketing Spree as Billings Growth Slows

Advisor Perspectives

American Express Co. warned it’s planning to increase spending on marketing in the coming months after billings growth on the payments giant’s credit cards slowed in the second quarter.

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Real Estate Newsletter Articles this Week: Single Family Starts Up Year-over-year in June; Multi-Family Starts Down 23% YoY

Calculated Risk

At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • Single Family Starts Up Year-over-year in June; Multi-Family Starts Down 23% YoY • Lawler: Early Read on Existing Home Sales in June • Part 2: Current State of the Housing Market; Overview for mid-July 2024 • California Home Sales Down 3% SA YoY in June; 4th Look at Local Housing Markets in June • 3rd Look at Local Housing Markets in June This is usually published 4 to 6 times a week and provides more in-

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Talk Your Book: Future Proof 2024

A Wealth of Common Sense

On today’s show, we spoke with Matt Middleton, Founder and CEO of Future Proof to discuss updates and changes to Future Proof 2024! See here for more information on registration for Future Proof 2024 and here for updates on the festival On today’s show, we discuss: Benefits of past Future Proof events Updates on what is coming in 2024 Breakthru experiences at Future Proof An updated fintech demo program Spon.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

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

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Market Update – Q2 2024

ModernAdvisor

Market Update All index returns are total return (includes reinvestment of dividends) and are in Canadian Dollars unless noted. Sources: *Sources: MSCI, FTSE, TMX, S&P The second quarter of 2024 was a mixed one, most equity market indexes were positive, with some exceptions. Canadian stocks were mostly down for the quarter, with the S&P/TSX Composite Index losing -0.5% for the […] The post Market Update – Q2 2024 appeared first on ModernAdvisor Blog.

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The Fed Should Not Cut Interest Rates Yet

Advisor Perspectives

Investors are betting on interest-rate cuts by the US Federal Reserve in September, and potentially even in late July. But the outlook for inflation and the labor market in the United States does not indicate that policymakers should begin lowering rates in the next two months.

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Hedge Funds Have an Election Plan: Sell the Calm, Buy the Chaos

Advisor Perspectives

How’s this for an election trade? Sell your winners now so you have cash on hand this fall to do some aggressive buying as the political jockeying heats up.

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Saturday links: starting a business

Abnormal Returns

EVs Generac ($GNRC) is launching a home EV charger. (theverge.com) An EV road trip check list. (npr.org) Energy How California has strengthened its electrical grid. (kottke.org) Utilities are having to spend big to upgrade the grid. (wsj.com) It's not just the U.S. that has grid issues. (bloomberg.com) Wildfires Canada's forests are again on fire. (wsj.com) California's fire season has turned into the 'fire year.

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Economists Trim US Inflation Forecasts, Paving Way for Fed Cut

Advisor Perspectives

Economists trimmed their US inflation projections through the first half of 2025 and see a slightly higher unemployment rate, a combination they expect will encourage the Federal Reserve to start lowering interest rates.

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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The Life Cycle of Market Champions. Throughout history, certain companies have dominated the equity market, but the process of creative destruction makes staying on top for long periods of time very difficult. ( Bridgewater ) • The Best Investment I Ever Made : The Pros & Cons of Owning a Vacation Home ( A Wealth of Common Sense ) see also The Top 10 Upgrades That Make

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Book of Secrets on the Month-End Close

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.

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Try a More Tax-Efficient Small-Cap Strategy

Advisor Perspectives

A Structured Protection ETF like CPRJ can offer robust tax benefits for investors seeking to move cash or get exposure to small-cap equities.

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Green Bond Sales Boomed in First Half of 2024

Advisor Perspectives

Issuance of green bonds surged in the first half of 2024. That could put more eyeballs on the VanEck Green Bond ETF (GRNB).

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European Bonds: Have France’s Elections Changed the Game?

Advisor Perspectives

Across Europe, ruling parties are under pressure. Bond investors should stay active and invested, in our view.

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15 Semiconductor Stocks Plunge: Should You Buy, Sell, or Hold?

Advisor Perspectives

According to some pundits, we had a bloodbath in the information technology sector yesterday, should you buy, sell or hold?

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Stop Falling Short When It Matters Most—The Elite Advisor’s Playbook to Success

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?

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Netflix Adds 8 Million Customers, Extending Lead Over Rivals

Advisor Perspectives

Netflix Inc. extended its lead over the streaming competition, adding 8.05 million customers in the second quarter and raising estimates for annual sales and profit margins.

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