Shows
WealthTech on DeckThe Challenges of Generating Organic Growth in Wealth Management with Steve GreshamOrganic growth in asset and wealth management is experiencing a slowdown, leaving behind a trail of passive assets and declining client numbers. The tide is turning as baby boomers are retiring with their wealth poised to flow toward a new generation with vastly different priorities and expectations. In this episode, Jack Sharry talks with Steve Gresham, Managing Principal at Next Chapter. Steve is also a Senior Education Advisor to the Alliance for Lifetime Income. Steve is a dedicated disruptor, and before founding Next Chapter, he held several senior leadership positions in the wealth management industry. St...
2024-02-2739 min
Recovering HypocritePosting Peace (a conversation with Doug Bursch)Noel and Doug Bursch about why social media divides us and how followers of Jesus can show the world a better way.Here are a few links from this episode: Douglas Bursch Posting Peace: Why Social Media Divides Us and What We Can Do About It Fairly Spiritual Fool's Talk: Recovering the Art of Christian Persuasion The Benedict Option: A Strategy for Christians in a Post-Christian Nation
2022-04-1339 min
Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: Is There Too Much Hope Priced Into the Market?Join Tematica Research's Chief Macro Strategist, Lenore Hawkins, and Chief Investment Officer, Chris Versace, as they discuss and debate what's driving the market and the economy this week.
Markets last week
Bulls are dominating - latest Investor Intelligence poll
up to 61.2% bull from 60.8% prior week
Bears down to 15.3% from prior 15.5%
Key Economic Data and Related Events LAST WEEK
Seeing further signs of slowing in geographies that were the first to pull out of the pandemic:
China’s GDP in Q2 rose 7.9% YoY, slower than the expected 8.1% increase, and 1.3% QoQ after rising 18.3% YoY and a downwardly revised 0.4% QoQ respectively in Q1.
Glo...
2021-07-1911h 55Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: A Market in Search of GuidanceJoin Tematica Research's Chief Macro Strategist, Lenore Hawkins, and Chief Investment Officer, Chris Versace, as they discuss and debate what's driving the market and the economy this week.
Markets last week
For all the talk of a booming equity market and bust in the bond market ...
Net inflows into US bond funds outpacing those for comparable equity in 2021.
Bond mutual funds and ETF added $372b as of June 23 v $160b for equities according to ICI
Bond funds are on track to eclipse the $446b of inflows in 2020
Lagging advance/decline lines for Nasdaq
Short-and medium-term oscillators have risen well into o...
2021-07-1212h 40Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: Has Economic Growth Peaked for the Year?Join Tematica Research's Chief Macro Strategist, Lenore Hawkins, and Chief Investment Officer, Chris Versace, as they discuss and debate what's driving the market and the economy this week.
Markets last week
Last Thusday the Nasdaq closed up 0.7% for its 17th record high in 2021. Not to be outdone, the S&P 500 gained 0.6% to make its 30th record close for the year and the Dow added nearly 1%. The long bond remained fairly steady at 2.1% while WTI crude rose back above $73 a barrel and gold dropped lower to $1,775 an ounce as the VIX fell below 16, near to its pandemic-period lows.
Key Economic Data...
2021-06-281h 52Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: Is the Market Too Confident?Join Tematica Research's Chief Macro Strategist, Lenore Hawkins, and Chief Investment Officer, Chris Versace, as they discuss and debate what's driving the market and the economy this week.
Markets last week
So much for the inflation story - after 2 days to digest the Fed’s latest decision, if the concern is the Fed raising rates, high growth should have been hit and value preferred. The opposite happened. Thursday the tech heavy Nasdaq Composite & Nasdaq 100 closed in the green while the rest of the major indices closed in negative territory again. To really emphasize the lack of inflation fears, the 10-year Tr...
2021-06-217h 49Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: We Are Still in Camp TransitoryJoin Tematica Research's Chief Macro Strategist, Lenore Hawkins, and Chief Investment Officer, Chris Versace, as they discuss and debate what's driving the market and the economy this week.
Markets last week
This week’s theme… fade the cover story. WSJ cover story, Inflation at 13-year high
Markets were unconcerned by the slightly hotter than expected inflation numbers.
Last Thursday, after the hotter-than-expected CPI data came in, the S&P 500 rose 0.5% to close at a new all-time high
The Nasdaq Composite rose 0.8% and the Nasdaq 100 gained 1.1%,
In a testament to 2021 word of the year, “Transitory,” in the hours after the CPI data came ou...
2021-06-146h 24Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: Is the Country Just Jacked up on Stimulus?Join Tematica Research's Chief Macro Strategist, Lenore Hawkins, and Chief Investment Officer, Chris Versace, as they discuss and debate what's driving the market and the economy this week.
Last week markets
Nasdaq Composite down -0.9% (YTD +5.6%)
S&P 500 flat (YTD +11.6%)
Dow up 0.7% (YTD +13%)
Russell up 0.3% (YTD +15.4%)\
Bitcoin is also hanging on to its rebound this week somewhat at $37k - $38k up 33% YTD after hitting nearly $64k in mid April
Gold can’t handle the risk-on momentum here and is down to under $1,869 an ounce as is basically flat on the year - broke $2k last August
Last Week STOCKS and EARNING...
2021-06-0712h 28Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: Ford Is Preparing for War, With TeslaJoin Tematica Research's Chief Macro Strategist, Lenore Hawkins, and Chief Investment Officer, Chris Versace, as they discuss and debate what's driving the market and the economy this week.
Last Week's Market
Gold hit 4-month high
Bitcoin - found support post Elon Musk reversal on his crypto views
YTD returns
Nasdaq Composite 6.6%
S&P 500 11.8%
Dow 12.6%
NYSE Composite 13.8%
VIX - 26.4%
TLT -12.1%
Gold flat
Bitcoin up 31.5%
Economic recap
International
Germany Ifo biz sentiment smashed expectations, hitting 2-year high with entire euro area catching a material tailwind through Q2.
Europe catching up, China & US are in the process of hitting peak rates of gro...
2021-05-313h 45Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: Is the Bitcoin Bubble Bursting?Join Tematica Research's Chief Macro Strategist, Lenore Hawkins, and Chief Investment Officer, Chris Versace, as they discuss and debate what's driving the market and the economy this week.
Last Week's Market
Stocks rebounded a bit Thursday to end a 3-day losing streak. The S&P 500 rose 1.2%, with 445 of its components gaining on the day, to leave it down 2.8% for the week. The Dow added 1.3%, leaving it down 2.2% on the week, and the Nasdaq rose 0.7% bringing it to a 4.6% loss on the week while the Russell 2000 gained 1.7%, leaving it down 4.4%.
Economic recap
Friday’s Retails Sales (incl Food) flat MoM (expected +1%) up 51.2...
2021-05-179h 14Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: Earnings Rule the WorldJoin Tematica Research's Chief Macro Strategist, Lenore Hawkins, and Chief Investment Officer, Chris Versace, as they discuss and debate what's driving the market and the economy this week.
"Well, we have almost made it through what was the busiest week of earnings season for the S&P 500, a lot of economic data, and an FOMC decision! Lots of news, but there was little downside associated with any of them as equities continue to defy gravity AND 2021 is already a third over! "
Monday we’ll be looking at the final Markit and ISM Manufacturing PMIs for April for how the exceptionally stron...
2021-05-0312h 23Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: It’s Going To Be Fast, and FuriousWelcome to Advisorpedia's Week Ahead. The must listen podcast of your Monday.
What happened last week and ahead for this week.
Last week — what a week…
The start of the March quarter earnings season and a cornupcopia of data that that has us asking the Q: HAVE WE - investors - PRICED IN TOO MUCH OF AN ECONOMIC REBOUND OR NOT ENOUGH?
What does that data mean for the Biden Administration’s stimulus plans?
What about the cost side of the equation as signs point to rising input costs..
Since peaking on March 15th, the Russell 2000 index last week was over 4...
2021-04-191h 04Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: Is the US Economy Having a Goldilocks Moment?Welcome to Advisorpedia's Week Ahead. Here's what's happened last week and ahead for this week.
Last week’s market recap
S&P 500 has made 19 record-high closes in 2021 alone - the last one was yesterday thanks to a 0.15% gain on record low volume for 2021
As of last Monday’s close, the S&P 500 was more than 2.5 SD above its 50-day moving average, which was not only the most extreme overbought reading in the last year but also the most overbought level since February 2017. Keep in mind that extreme overbought readings don't mean that the market has to immediately sell off, but it oft...
2021-04-128h 45Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: The Effect of Our Changed HabitsWelcome to Advisorpedia's Week Ahead. Here's what's ahead.
The first quarter of 2021 was a positive one for US stocks, but the quarter, like the majority of days in it didn't end on a positive note.
The S&P 500 finished the day in positive territory, but a last-hour sell-off clipped those gains considerably. Wednesday's pattern was a microcosm of the pattern all year, where stocks open higher, rally throughout the trading day, and then sell-off in the last hour and into the close.
How weak has the last hour of the trading day been? Well, throughout Q1, despite the S&P 500 tradi...
2021-04-0511h 42Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: America Is Opening Up, But ...Welcome to Advisorpedia's Week Ahead. Here's what's ahead.
Bond market
Companies have issued $140bn in the US junk bond market over the past three months, outpacing Q2 2020 record dash for cash when companies raced for funding to survive the shock of coronavirus.
Investors have flocked to junk deals as low interest rates have pushed them to seek out higher returns in riskier markets, predicated on the US economic recovery taking root and helping to bolster low-rated companies' ability to repay their debts. And more .,,
Equities
Walmart, the usual poster child for extended jobless benefits and stimulus checks, has fallen 12.9%
Wednesday Int...
2021-03-299h 31Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: The Fed, Treasury Yields and February Winter WeatherTo sum up last week it was all about The Fed, Treasury Yields and February Winter Weather
Treasury yields, particularly for the 10-year, continued to climb during week hitting growth equities - the Nasdaq and Russell 2000 - in the process.
Comments from neither European Central Bank President Christine Laggard nor the Fed’s dovish post FOMC meeting comments that included not raising interest rates until 2024 and continuing its $120 billion per month in asset purchases did the trick.
The Fed’s policy statement revealed an unanimous decision to not change the Fed funds rate and there was no change in the median estimat...
2021-03-228h 31Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: Are We Going To See a Repeat of the Post-Spanish Flu Roaring 20s?What do you think was the main driver of the market last week? The big news, which really drove the markets, I'm thinking that was Biden signing the 1.9T stimulus package.
On this week's Week Ahead:
Tech is facing a two headwinds.
S&P500 unwound mid-Feb overbought - pullback test to late-Jan low just under 3,750
US Banks have been rising since January
Crude Oil: Overall trend remains bullish - rising trendline making consistently higher highs and lower lows
Rates: Monday yield on the 10-year Treasury rose to a new 52-week high, closing at 1.59%.
INFLATION: Worried? In the near-term, the upcoming YoY t...
2021-03-153h 09Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: Data Might be the Key Commodity of the FutureWe're going to rip up the script this week!
We're not going to talk to you about all the wireless strength at Broadcom
We're not going to tell you about the double digit grocery sales growth.
We don't need to talk about Target or how Costco continues to grab consumer wallet share.
We're not going to talk about that.
And we're not going to talk about the big misses at Nordstroms, Ross Stores, or how Disney is closing 20% of its physical store footprint.
Nope. We're tossing that out. Why?
Because we were going to talk about what's really driving the m...
2021-03-081h 44Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: What Follows the Unbelievable Week in Equities?Welcome to The Week Ahead!
Christopher Versace and Lenore Elle Hawkins dive deep into what the market said last week and what are the key indictors this week.
Listen closely, as all of what is said could affect The Week Ahead.
VIX up 20% on the week
Dow has been grinding higher since November. Today again was swinging wildly to close near session lows
Nasdaq has been under pressure lately
Small caps have led the markets since November, outperforming SP500 and leading the rotation to value/cyclical stocks
Bond markets aren’t trusting Powell, despite his extremely dovish comments this week.
More...
2021-03-014h 54Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: The Dip Is Alive and WellIn the week's The Week Ahead Christopher Versace and Lenore Elle Hawkins dive deep into what the market said last week and what are the key indictors this week. All of these together will affect The Week Ahead.
This is a must listen as you prepre for your week ahead.
The winning biggest winning streak we've seen since 2018. And one of only a few that have lasted this long since 2004
Fed Chairman Powell speaking to the economic club of New York, how do we interpret this?
We saw a brief pullback in January, but the index is now pushing up a...
2021-02-158h 06Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: The Complexity of the Markets Has Never Been ClearerThis week series Christopher Versace and Lenore Elle Hawkins dive deep into the compexity of the markets — what happened last week and what are the key indictors this week. All of these together will affect The Week Ahead.
Last week of January Dow & NYSE Composite closed below 50DMA. All 3 major averages, Dow, S&P, Nasdaq fell more than 3% on the week for the worst week since October.
We are halfway through earnings season and over 80% of the companies that have reported so far have beat their estimates. Sounds great right?
The Market is now trading at nearly 20x on 2022 earnings and hin...
2021-02-082h 06Advisorpedia's The Week Ahead Podcast, Powered by Tematica ResearchThe Week Ahead: Here's What Will Affect the MarketsIn our first of The Week Ahead series Christopher Versace and Lenore Elle Hawkins give us an 8 minute preview on what they are looking for to affect the markets this first week of February.
We close the books on the first month of trading and 2021 and it was a month that ended way differently than it started.
President President Biden coming out swinging into action with executive orders in his 1.9 trillion stimulus package.
Markets were also plagued by the trading and short covering associated for a select number of names GameStop, AMC, BlackBerry, that was all tied to a Reddit...
2021-02-016h 42
Discover Your Talent–Do What You Love414: Corporate Refugee Knew It Was Time to GoDouglas Heikkinen was in the hyper-driven financial world of the 1980s, in its heyday, with a powerful mentor who demanded his best. He loved it. But after 13 years, changes in the firm—and in himself—he knew the time had come for him to move on. The firm had become too corporate for his liking. An uncertain world of high risk and potentially great reward lay before him. He was thinking like an entrepreneur.
2016-12-0126 min