A Wealth of Common Sense

JANUARY 10, 2023

It’s now well-documented that 2022 is one of the worst years in history for financial markets. Last year was one of the worst years ever for stocks and the worst year ever for bonds. The logical next step is to look at what has happened next following the prior worst years for stocks, bonds and diversified portfolios. Past performance tells us nothing about future performance but studying market history can provide.

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The Big Picture

JANUARY 13, 2023

It may surprise you to learn that during this cycle of falling inflation, there seems to be little correlation with rising Fed Rates. This is very counter-intuitive but it makes sense when you consider what an aberrational and unusual cycle this has been. Despite zero rates for a decade plus inflation was quite benign. it was only the combination of the global pandemic and lockdown, a massive fiscal stimulus, and a surge in demand for goods that have driven the 2020 to 2022 inflation.

Returns 138

Returns Funds 138

The Reformed Broker

JANUARY 7, 2023

Happy New Year everyone! Great to be back in the saddle this week, working with our new president as we prepare for 2023 and beyond. We’ve got lots of projects and initiatives underway at Ritholtz Wealth, some of which you’ll be hearing about from me very soon. This week we went back to our regularly scheduled programming, with fresh episodes of all your favorite shows – What Are Your Thoughts, Animal Sp.

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Financial Times M&A

JANUARY 7, 2023

In 2019, International Holding Company was a little-known company involved in fish farms, food and real estate

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Companies 107

A Wealth of Common Sense

JANUARY 8, 2023

We have a handful of traditions in my family. We watch the Lions lose every year on Thanksgiving. We wear Hawaiian shirts at holiday dinners (try it…it’s fun). We get Chinese takeout for lunch every year on Christmas day. And we update my asset allocation quilt once a year when the calendar turns (OK that’s just me). Let’s do this.

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Assets 145

The Big Picture

JANUARY 7, 2023

This week, we speak with the legendary John Mack, former chief executive officer and chairman of the board at Morgan Stanley. He recently published a memoir of his life and 34-year tenure at Morgan Stanley, “ Up Close and All In: Life Lessons from a Wall Street Warrior.”. We discuss how he ended up on Wall Street because he needed a job when an injury ended his college football career and scholarship.

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Banks Companies 122

The Reformed Broker

JANUARY 13, 2023

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Callie Cox, and Downtown Josh Brown discuss discuss the latest CPI data, why Michael’s feeling a little bullish, calling the Fed’s bluff, chances of a soft landing, retail investor sentiment, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

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Investors 104

A Wealth of Common Sense

JANUARY 13, 2023

I don’t like making big, bold macro predictions. There are too many unknown variables involved and even if I did nail my macro forecast, it probably wouldn’t help my portfolio anyway since the market reaction to the economic data is more important than the data itself. Last week Michael and I were on Plain English with Derek Thompson discussing the confusing nature of the current macro environment.

Portfolios 120

Portfolios 120

The Big Picture

JANUARY 12, 2023

CPI for December 2021 came in as expected , showing a decrease in core inflation is driven primarily by falling gasoline prices. Most in the media have credited the aggressive action by the Federal Reserve in helping to lower rates of inflation, but I have a decidedly different view: Inflation has come down not because of but despite the rate-increasing regime of the Federal Reserve.

Capital 119

Capital 119

Financial Times M&A

JANUARY 8, 2023

The proposed Fox-News Corp merger could portend a realignment of the interests of Rupert Murdoch’s children

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Walkner Condon Financial Advisors

JANUARY 13, 2023

For the first time since 2018, the S&P 500, along with most other major indices had a negative return for the calendar year in 2022. Financial buzzwords like inflation and interest rates appeared constantly in the media and social media, and rightfully so with the role they played. Meanwhile, conflict abroad, unfortunately, came into the spotlight with the invasion of Ukraine, sending a global shockwave that had a large impact financially.

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High Net Worth Individuals Mutual Funds Exchange-Traded Funds Funds 98

A Wealth of Common Sense

JANUARY 12, 2023

A reader asks: Should most investors reinvest their dividends – why or why not? My initial thought is while still accumulating assets yes, but when withdrawing in retirement take the dividends in cash. I have read stats that say a large percentage of compound returns come from reinventing dividends so seems like a good move and another way to dollar cost average on a smaller scale but maybe I’m missing something.

Returns 114

Returns Stock Market Stock Market Assets 114

The Big Picture

JANUARY 13, 2023

My Friday the 13th, end-of-week morning train WFH reads: • F@*$#*! 2022 was a record year for earnings call swearing : The “polycrisis” of runaway inflation, pandemics, interest rate increases, supply chain snafus and wars helped lift swearing on earnings calls and investor days to a new record high in 2022. Good job everyone. ( Financial Times Alphaville ). • Elon Musk Might Never Be the World’s Richest Person Again : It’s not just that he became the first person in history to have $200 billion

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Capital Investors Companies Investing 110

Integrity Financial Planning

JANUARY 13, 2023

Life in retirement can feel a little slow and quiet, especially when you spend lots of time at home, have become an empty nester, or haven’t picked up any new hobbies. Plant parenting is a great way to fill up your time. It invests you in nurturing life, prompts you to learn new things, and engages you in routine. If you are new to it, you may be unsure of what plants to get, which ones are safe and how to properly take care of them.

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Finance Financing Funds Investing 98

Financial Times M&A

JANUARY 10, 2023

Covid-19 vaccine maker is looking to use machine learning to help discover new treatments

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A Wealth of Common Sense

JANUARY 9, 2023

On today’s show, we are joined by Rodney Comegys, Head of Vanguards Equity Investment Group to discuss index fund investing with Vanguard. See here for more information and research on investing with Vanguard On today’s show, we discuss: Rodney’s background What it’s like to work at Vanguard The back-office work involved in low-cost indexing Debunking misconceptions about indexing Price discovery and.

Funds 101

Funds Investing 101

The Big Picture

JANUARY 7, 2023

The weekend is here! Pour yourself a mug of Tolima Los Brasiles Peaberry coffee, grab a seat outside, and get ready for our longer-form weekend reads: • How Not to Play the Game : Magic beans, Bahamian penthouses, old-fashioned fraud and other important SBF-inspired insights. A postscript to Bloomberg Businessweek’s The Crypto Story. ( Businessweek ). • 99 Good News Stories You Probably Didn’t Hear About in 2022 : The world didn’t fall apart this year.

Returns 104

Returns 104

The Reformed Broker

JANUARY 11, 2023

After December’s trash fire, markets are optimistic, says Ritholtz’s Josh Brown from CNBC. The post Clips From Today’s Closing Bell appeared first on The Reformed Broker.

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Financial Symmetry

JANUARY 9, 2023

It is a New Year and time to give your finances a personal checkup! See the list of items below that should be done at the beginning of each year: 1. Set Financial Goals or Create A Financial Plan It … Continued. The post Be Sure to Check Your Financial Vital Signs in 2023, ep #181 appeared first on Financial Symmetry, Inc.

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Financing Finance 97

A Wealth of Common Sense

JANUARY 11, 2023

Today’s Animal Spirits is brought to you by YCharts: Enter your information here to get 20% off YCharts (new clients only) On today’s show, we discuss: Jeff Bezos may return to helm Amazon, says forecaster of double-digit stock market losses last year Amazon workers joke about Jeff Bezos’s comeback amid Andy Jassy layoffs The 2023 Economy FAQ: Is recession inevitable?

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Stock Market Stock Market Returns 99

The Big Picture

JANUARY 11, 2023

My mid-week morning train WFH reads: • The Fed May Finally Be Winning the War on Inflation. But at What Cost? There’s a good chance that the Fed could push the economy into recession. The pain will not be shared equally. ( New York Times ). • Something big is happening in the U.S. housing market—here’s where 27 leading research firms think it’ll take home prices in 2023.

Returns 103

Returns 103

Integrity Financial Planning

JANUARY 9, 2023

The 2022 economic climate has been bumpy for most and, in some cases, even bumpier for retirees. Americans and the world at large dealt with the economic ramifications of the Russia-Ukraine war, post-pandemic industrial effects, and rising inflation and interest rates. As the year ends, it’s important to understand how these economic factors may have affected your finances as a retiree.

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Accounting Pension Funds Finance Financing 97

Financial Times: Moral Money

JANUARY 12, 2023

Despite ESG push, firms continue to compete to work for authoritarian states with records of human rights abuses

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Asset Management Assets 95

Financial Times M&A

JANUARY 8, 2023

Acquisitions will be more attractive to consulting business after separation from audit arm

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Consulting Consultants 95

Covisum

JANUARY 9, 2023

Updated Legislation Means More Changes That Advisors Need To Know. The SECURE Act 2.0 is significant legislation signed into law on December 20, 2022, and is expected to have several impacts on retirement income planning. It contains several provisions designed to improve Americans' retirement security, including later required minimum distributions (RMDs), 529-to-Roth rollovers, and other tax planning opportunities.

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Taxes 93

SEI

JANUARY 9, 2023

Most equity markets finished in positive territory during the fourth quarter of 2022, trimming their losses for the full calendar year.

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Banks 90

The Big Picture

JANUARY 8, 2023

This is about as nice of an example of a vintage 1990s-era 911 Turbo as you will find — but let’s get this out of the way up front: It sold last month for an eye-popping $1,265,000. That is quite an increase from the 1994 dealer selling price of $126,360. Why does a 30-year-old Porsche command 7 figures? As best as I can tell, the combination of rarity, conditions, ultra-low miles, and options made this a bit of a one-off for collectors.

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Financial Times M&A

JANUARY 11, 2023

Struggling battery start-up receives £30mn counter-offer to DeaLab proposal

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Shareholders Bidding 93

Million Dollar Round Table (MDRT)

JANUARY 12, 2023

By Matt Pais, MDRT Content Specialist With no shortage of work to be done, it can be difficult to find time for life outside the office. Jonathan M. Owens, CFP, AIF , a 12-year MDRT member from Clackamas, Oregon, sets numerous boundaries to make sure that doesn’t happen. He doesn’t work before 8:30 a.m., and the reason is that he goes to the gym every morning.

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Financial Times: Moral Money

JANUARY 12, 2023

Proportion has jumped from the 51% recorded last year despite relatively poor returns

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Accounting Returns 83

The Big Picture

JANUARY 9, 2023

My back-to-work morning train WFH reads: • Economist Says His Indicator That Predicted Eight US Recessions Is Wrong This Year : Cambell Harvey’s work showed link between curve inversion and growth Strong labor demand, risk avoidance support US economy now. ( Bloomberg ). • Wall Street’s sleuth of bears is growing : Stocks kicked off the new year on a positive note, with the S&P 500 climbing 1.4% last week.

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Education Banks Portfolios Returns 69

Financial Times M&A

JANUARY 9, 2023

Anglo-Swedish group to pay premium to expand its line of heart and kidney drugs

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Million Dollar Round Table (MDRT)

JANUARY 10, 2023

By Antoinette Tuscano, MDRT Content Specialist Videos about ideas for better client communications topped the list for viewers of MDRT’s YouTube channel for videos posted in 2022. The ideas shared in these videos came from MDRT members throughout the world, yet their advice and wisdom drive to the heart of the matter for clients everywhere.

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Financial Times: Moral Money

JANUARY 12, 2023

Also in this newsletter, Venezuelan crude is headed to American shores for the first time since 2019

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