In theory, I am wildly underpaidI already know that the Comprehensive Financial Planning service can literally transform the way that a household looks at its financial future. I have receipts, and I am pretty sure clients will say so, publicly.At $3000 for a lifetime...
Special Guest: Anne Lester, Former Portfolio Manager, JPM target date fundsOnly one topic today, I have been waiting to post this. Please bookmark and save the link to this video broadcast. It is so jam-packed with information, it will be difficult to digest...
Market Short Means HigherTaken from the front of the Willard Hotel where I stayed for the Alliance For Lifetime Income conference. I will have extensive observations and commentary on the conference in the coming days.Washington shenanigans continue, with debt ceiling...
Complete Financial Services Video
YouTube: Sunday, 11AM ETFrom Switzerland to mid-America, the world watches the banking system. Just a few talking points.Why Credit Suisse mattersSlowly shrinking banks is going to be a tricky businessJae’s Rib Shack might be in troublePrepaying your mortgage, just...
The Search For What’s NextIn A NutshellThe Federal Reserve and Treasury Department created a new backstop for illiquid securities. This is to ensure deposits and to prevent the need for banks to sell a certain set of assets under extreme duress.
Interest Rates Suddenly LowerBut This Time For The Wrong ReasonNPV (price) of bonds notably higher, and why? Because of fear, due to the issue that we will discuss tomorrow. While we have been noting that risky assets can be supported by lower interest rates, that is...
Silicon Valley Bank: A Canary AppearsThe FDIC closed and seized Silicon Valley Bank today. After the live broadcast, only certain segments will be available. What happened? How did this happen? Is it likely to happen to others? Does it matter?Peace and calm has been...
You Cannot Exchange Statistics For GroceriesThe crossfire at this point in time is incredible.Overall earnings lowerInterest rates higher in the very recent past, refer to the prior editions. A primary explanation of the relative stability? Interest rate stability (it...
Interest Rates: It’s Not Only Absolute LevelIt’s not solely the level of interest rates, volatility is also important, a point I have made on multiple videos on Jae’s Corner YT vids. So far this year, that interest rate volatility (MOVE) has declined, look at the pink...
There’s A Reason For This ImageWhile it may seem that I am mocking Numeratorville, that’s not exactly true. It does control a lot of the money, meaningful enough to pull markets in panic mode. Fear of missing out (FOMO) is a real pressure that asset managers face (and...
The Big Guys’ Outlooks for 2023PIMCORussell