Sat.May 18, 2024

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Saturday links: the passage of time

Abnormal Returns

Autos Waymo cars are making 50,000 paid trips a week. (engadget.com) Pedestrian deaths are a function of speed. (vox.com) Detroit may regret killing off the sedan. (fastcompany.com) Why auto insurance premia are soaring. (nytimes.com) Why 'stroads' are the bane of American cities. (wsj.com) Transport GPS spoofing continues to grow. (ft.com) Urban transit systems are struggling post-pandemic.

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Real Estate Newsletter Articles this Week: Housing Starts Increased to 1.360 million Annual Rate in April

Calculated Risk

At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • Single Family Starts Up 18% Year-over-year in March; Multi-Family Starts Down Sharply YoY • Lawler: Early Read on Existing Home Sales in April & 3rd Look at Local Housing Markets • Part 2: Current State of the Housing Market; Overview for mid-May 2024 • MBA: Mortgage Delinquencies Increased Slightly in Q1 2024 • 2nd Look at Local Housing Markets in April This is usually published 4 to 6 times a week a

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Three Outside Up Candlestick Pattern – Trading Ideas And More

Trade Brains

Three Outside Up Candlestick Pattern: In the world of technical analysis, candlestick patterns serve as invaluable tools for traders, offering insights into market sentiment and potential price movements. Among the myriad of patterns, the Three Outside Up stands out for its reliability and significance. In this article, we delve into the intricacies of the Three Outside Up candlestick pattern, exploring its formation, interpretation, and strategic implications.

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The Ultimate Life Coach

Mr. Money Mustache

– Almost nineteen years into early retirement now, I’ve come to realize that the complete freedom of this lifestyle can be a double-edged sword. You’ve already heard me raving plenty about the upside: having the freedom to raise a son from the day he was born to beyond his eighteenth birthday with no compromises. And then to put thousands of hours into everything else I value as well: family, health, friends, adventures, building stuff, and even writing the occasional blog post.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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Schedule for Week of May 19, 2024

Calculated Risk

The key reports this week are April New and Existing Home Sales. -- Monday, May 20th -- 10:30 AM: Speech, Fed Vice Chair Philip Jefferson , U.S. Economic Outlook and Housing Price Dynamics , At the Mortgage Bankers Association (MBA) Secondary and Capital Markets Conference, New York, N.Y. -- Tuesday, May 21st -- No major economic releases scheduled. -- Wednesday, May 22nd -- 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

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Data Patterns: Forging the Future of Defence Technology

Trade Brains

We all know the world isn’t always sunshine and rainbows. Just like a house that needs a lock on the door, a nation needs a strong defense to protect its citizens and it’s way of life. National defense isn’t just about fighter jets and soldiers on the frontlines. It’s a vast web of technology, strategy, and unwavering dedication that safeguards our borders, deter threats, and fosters peace.

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David Tepper Scoops Up Alibaba as Hedge Funds Hunt for Bargains in China

Advisor Perspectives

Billionaire investor David Tepper loaded up on beaten-down Chinese stocks last quarter while reducing stakes in high-flying US tech firms, leading hedge fund managers who are slowly warming up to China amid a record gap in valuations between the two markets.

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Evaluating the Fundamentals of NVDA Heading Into Earnings

Validea

NVIDIA Corporation (NASDAQ: NVDA) is set to release its quarterly earnings report on May 22, 2024, and the anticipation is palpable among investors and analysts alike. The company, which has seen a meteoric rise in its stock price and market valuation over the past few years, is expected to continue its impressive growth trajectory, driven largely by its dominance in the artificial intelligence (AI) and data center markets.

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UK Equities Climb to All-Time Highs as Sunak Faces General Election Wipeout

Advisor Perspectives

Will the good times continue for the UK equity market in light of an upcoming election? Marcus Weyerer opines.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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As Meme Stock Mania Returns, GameStop’s Fundamentals Remain Shaky

Validea

GameStop, the struggling video game retailer that led the meme stock frenzy in 2021, saw its shares skyrocket once again this week before falling back to earth. The big move was caused by the surprise return of Keith Gill, the trader known as “Roaring Kitty” who helped ignite the original GameStop mania, to social media after a three-year hiatus (although some suspect it isn’t Gill who has been actually sending the tweets) Roaring Kitty’s Return Reignites Frenzy On Monday, Gill

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Upgrading Equities Over Bonds

Advisor Perspectives

We explore how stabilization and growth of global markets may potentially shift preferences toward equities relative to bonds.

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The Future of Robots Is Coming on Two Legs

Advisor Perspectives

Most people have seen robots in human form. The Hollywood version has starred in movies for decades. Now there are videos on the internet of real bipedal robots, whether it’s Elon Musk’s Optimus or the incredibly flexible two-legged robot from Boston Dynamics. Agility Robotics has one with legs that bend back at the knees like a flamingo.

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Bitcoin’s Correlation With Tech Stocks Jumps to Highest Level Since August

Advisor Perspectives

Bitcoin was lumped in with other speculative investments during the run-up of the Federal Reserve’s last tightening cycle, slumping on expectations higher interest rates would damp the appetite for risk.

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Back to Basics with Reconciliations

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.

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More Retirees Crossing State Lines – Here’s Where They’re Going

Advisor Perspectives

More than 338,000 Americans relocated for retirement last year – a 44% increase from 2022 – and about a quarter of those retirees moved to a different state.

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Treat Buy Now, Pay Later Loans Like Real Debt

Advisor Perspectives

It’s been close to two years since the Consumer Financial Protection Bureau indicated it was looking to tighten regulations on popular “buy now, pay later” services. Since then, the sector has grown to $300 billion.

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