Podcasts about The Conference Board

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Best podcasts about The Conference Board

Latest podcast episodes about The Conference Board

ALBERTO PADILLA
Análisis de la -terrible- semana en los mercados con Oscar Gutierrez de www.transcomer.com.

ALBERTO PADILLA

Play Episode Listen Later Sep 24, 2022 55:43


-Conference Board pronostica recesión económica. -¿Porqué el oro está cayendo y no subiendo en estos tiempos? -Es el momento de los clubes de almacenes al por mayor. -Empleados de aerolíneas rusas reciben avisos de conscripción.

CEO Perspectives
US Economy: A Slow-Moving Train Wreck

CEO Perspectives

Play Episode Listen Later Sep 22, 2022 30:13 Very Popular


What does this week's rate hike from the Fed and today's Leading Economic Index signal for the US economy? In this episode of CEO Perspectives, The Conference Board President and CEO Steve Odland sits down with Erik Lundh, Principal Economist at The Conference Board, to discuss the looming recession. Tune in to find out: What are the warning signs that a recession is coming and what is the worst case scenario? What should businesses do in the face of imminent recession? How would a recession affect the holiday season? How does quantitative tightening impact interest rates? What is the Fed's outlook for the next few years and what was most surprising about their expectations?

CEO Perspectives
CEO Excellence: The Best and the Rest

CEO Perspectives

Play Episode Listen Later Sep 19, 2022 30:10 Very Popular


What differentiates the top CEOs from everyone else? In this episode of CEO Perspectives, Ivan Pollard, Leader of the Marketing & Communications Center at The Conference Board, sits down with Vikram Malhotra, senior partner at McKinsey & Company, to discuss what it takes to excel as a CEO. Tune in to find out: What should CEOs focus on to be most effective? What isn't worth their time? What distinguishes CEOs who are truly excellent? What mindsets are necessary to realize a clear, audacious company vision? How has stakeholder engagement evolved for CEOs, and who should they be engaging with now? What do leading CEOs say they regret the most?

The Dr. Greg Wells Podcast
#172. Dr. Bill Howatt on No Regrets

The Dr. Greg Wells Podcast

Play Episode Listen Later Sep 13, 2022 16:29


Welcome back! This week I'm excited to share my conversation with Dr. Bill Howatt on Sharpen Your Edge Live. Bill is an internationally recognized expert in mental health. He's spent over 25 years helping employees, patients, and leaders achieve their potential. Bill has a PhD in Organizational Psychology, did post-doctoral training at UCLA, has developed programs with organizations like the Conference Board of Canada and the University of New Brunswick, and is author of numerous books and articles, including regular contributions to The Globe and Mail. During this conversation, Bill discusses the transformational nature of regret and the tools we can use to move forward from it. If you want to learn more about Bill and his new book, “No Regrets: How to Live Today for Tomorrow's Emotional Well-Being”, check out his website at billhowatt.com. Enjoy! --- Support this podcast: https://anchor.fm/dr-greg-wells/support

Get Out of Debt Guy Show
Debt Free Dudes - Inflation, Recession, Saving Money, Side Hustle Update

Get Out of Debt Guy Show

Play Episode Listen Later Sep 13, 2022 36:43


In this Debt Free Dudes podcast, Damon Day and Steve Rhode talk about preparing for a recession, inflation, worsening economic chances, saving money, and an update on the side hustle project. Additional information for the facts behind this podcast is below. There is a 50-50 chance of a mild recession late in 2022 or 2023. The U.S. is not in a recession yet. However, we find that most indicators—particularly those measuring labor markets—provide strong evidence that the U.S. economy did not fall into a recession in the first quarter. The U.S. economy continues to face economic risks. Labor markets remain tight, which is fueling wage growth and in turn inflation. This raises concerns that interest rates will have to rise to the point of increasing unemployment to bring inflation back down. Rising interest rates can also strengthen the dollar, making American agricultural exports less competitive in foreign markets. The Conference Board said - "Notwithstanding two consecutive quarters of negative GDP growth, we do not believe the US economy is currently in a recession given strength across several sectors and the extremely tight labor market." Bank of America has just released information estimating the unemployment rate will rise to 5% by the end of 2023 because of increased interest rates to curb inflation. An average score of 716 by FICO measurements means most lenders will consider your creditworthiness "good" and are more likely to extend lower rates. Average nationwide credit scores bottomed out at 686 during the housing crisis more than a decade ago, when foreclosures sharply increased. They steadily ticked higher until the pandemic, when government stimulus programs and a spike in household savings helped scores jump to a historical high of 713. British households borrowed on their credit cards last month at the fastest annual rate in over 17 years, a potential reflection of consumers struggling to make ends meet as the cost of living crisis intensifies. The inflation rate in the UK is predicted to be 22% in January, primarily due to energy prices. According to data from the Bank of England, the annual rate of credit card borrowing in July was 13% higher than a year earlier, the biggest annual increase since 2005. --- Send in a voice message: https://anchor.fm/get-out-of-debt-guy/message

Off The Shelf
How Do Leading Economic Indicators Lead to Business Insights?

Off The Shelf

Play Episode Listen Later Sep 7, 2022 34:40


In this new podcast, Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board, sits down with John Guerard, Director of Quantitative Research at McKinley Capital, to discuss his new book, "The Leading Economic Indicators and Business Cycles in the United States: 100 Years of Empirical Evidence and the Opportunities for the Future."   

Breaking Barriers, Building a Hire Ground
From Metrics to Supplier Development with Nedra Dickson of Accenture

Breaking Barriers, Building a Hire Ground

Play Episode Listen Later Sep 6, 2022 49:37


Nedra Dickson is the Global Supplier Inclusion and Sustainability Lead at Accenture, one of the world's largest professional services companies focusing on strategy and consulting, operations, technology, and interactive services. Nedra promotes and leads Accenture's efforts to maximize procurement opportunities with small and diverse businesses across 17 countries. She also holds several board seats within the supplier diversity community, including board memberships in the Women Business Enterprise Council, the Georgia Minority Supplier Diversity Council, and the Supplier Diversity Leadership Council for The Conference Board.Nedra joins us to discuss what companies should measure to gauge the progress of their supplier diversity programs. She explains the expanse of Accenture's supplier diversity program and its international reach. She describes the complex processes involved in navigating another country's laws and legislations for their programs. Nedra also shares how being a board member of various councils made her appreciate her role."Corporations have to begin to hold the boards accountable to be that bridge to small and diverse suppliers." - Nedra DicksonThis week on Breaking Barriers:●      What Accenture is and Nedra's role in the company●      How small and diverse businesses can help fill current supply chain gaps ●      How Nedra manages the company's supplier diversity programs overseas●      Lowering your expectations when working with other countries' laws and legislations●      The Global Data Privacy Regulation and the enormous fines associated with it●      The KPIs Nedra set for her team regarding their company's capability●      How to know whether your supplier diversity program is running successfully●      Nedra's “Building The House” model for programs●      The right metrics to measure the ROI for supplier diversity programs●      What it means to collaborate and co-innovate when looking for opportunities●      Nedra's involvement in boards and how it shaped her outlook of supplier equity and inclusion●      Why 2022 is going to be important for the boardsConnect with Nedra Dickson:●      Accenture●      Nedra Dickson on LinkedIn●      Nedra Dickson on TwitterThis podcast is brought to you by Hire GroundHire Ground is a technology company whose mission is to bridge the wealth gap through access to procurement opportunities. Hire Ground is making the enterprise ecosystem more viable, profitable, and competitive by clearing the path for minority-led, women-led, LGBT-led, and veteran-led small businesses to contribute to the global economy as suppliers to enterprise organizations.For more information on getting started please visit us @ hireground.io today!If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | GooglePlay | Stitcher | SpotifyBe sure to share your favorite episodes on social media and join us on Facebook, Twitter, and LinkedIn. 

Americana Partners
Stay Invested - August 2022 Market Commentary

Americana Partners

Play Episode Listen Later Sep 4, 2022 45:57


Melissa Giles, Director of Portfolio Management with Americana Partners presents the Monthly Market Commentary as written by, David M Darst, Chief Investment Officer with Americana Partners.  Any charts/graphs referenced are available in print format and may be provided at your request. David is currently the Chief Investment Officer for Americana Partners. David served for 17 years as a Managing Director and Chief Investment Strategist of Morgan Stanley Wealth Management, with responsibility for Asset Allocation and Investment Strategy; was the founding President of the Morgan Stanley Investment Group; and was founding Chairman of the Morgan Stanley Wealth Management Asset Allocation Committee. After 2014, he served for several years as Senior Advisor to and a member of the Morgan Stanley Wealth Management Global Investment Committee. He joined Morgan Stanley in 1996 from Goldman Sachs, where he held Senior Management posts within the Equities Division and earlier, for six years as Resident Manager of their Private Bank in Zurich. David is the Author of twelve books: (i) The Complete Bond Book (McGraw-Hill); (ii) The Handbook of the Bond and Money Markets (McGraw-Hill); (iii) The Art of Asset Allocation, Second Edition (McGraw-Hill); (iv) Mastering the Art of Asset Allocation (McGraw-Hill); (v) Benjamin Graham on Investing (McGraw-Hill); (vi) The Little Book that Saves Your Assets (John Wiley & Sons), which was ranked on the bestseller lists of The New York Times and Business Week; (vii) Portfolio Investment Opportunities in China (John Wiley & Sons); and (x) Portfolio Investment Opportunities in Precious Metals (John Wiley & Sons). His works have been translated into Chinese, Japanese, Russian, German, Korean, Italian, Indonesian, Norwegian, Romanian, and Vietnamese. Seapoint Books published David's eleventh book in 2012 , Voyager 3, containing his creative writing, and in 2016, his twelfth book, Flim-Flam Flora, a children's book coauthored with his daughter. David appears as a frequent guest on CNBC, Bloomberg, FOX, PBS, and other television channels, and has contributed numerous articles to Barron's Euromoney, The Money Manager, Forbes.com, The Yale Economic Review, and other publications. He has broadcast and written extensively on asset allocation in the Morgan Stanley biweekly Investment Strategy and Asset Allocation Commentary and in the Firm's Wealth Management monthly publication, Asset Allocation and Investment Strategy Digest, the predecessors of which he launched in 1997. David attended Father Ryan High School in Nashville, Tennessee, graduated from Phillips Exeter Academy, was awarded a BA degree in Economics from Yale University, and earned his MBA from Harvard Business School. David serves on the Investment Committee of the Phi Beta Kappa Foundation and the Advisory Boards of the George Washington Institute for Religious Freedom and the Black Rock Arts Foundation. David has lectured extensively at Wharton, Columbia, INSEAD, and New York University Business Schools, and for nine years, David served as a visiting faculty member at Yale College, Yale School of Management, and Harvard Business School. In November 2011, David was inducted by Quinnipiac University in their Business Leaders Hall of Fame. David is a CFA Charterholder and a member of the New York Society of Security Analysts and the CFA Institute. Join Our Distribution List – For a full copy of our report. Americana Partners - https://www.americanapartners.com/contact/ Americana Partners Website - https://www.americanapartners.com/ Linked In - https://www.linkedin.com/company/americana-partners/ Spotify - https://open.spotify.com/show/3rX19ND89pwEob9efsFNNF iTunes - https://podcasts.apple.com/us/podcast/americana-partners/id1496186853 Google Podcasts - https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZGJlYW4uY29tL2FtZXJpY2FuYXBhcnRuZXJzL2ZlZWQueG1s?sa=X&ved=0CAYQrrcFahcKEwj4gZrR_OnwAhUAAAAAHQAAAAAQAg   Disclosures Americana Partners, LLC is registered as an investment adviser with the SEC. The firm only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment adviser does not constitute an endorsement of the firm by securities regulators nor does it indicate that the adviser has attained a particular level of skill or ability. A copy of Americana Partners' current written disclosure brochure filed with the SEC which discusses among other things, Americana Partners' business practices, services and fees, is available through the SEC's website at: www.adviserinfo.sec.gov. The tax and legal information contained in this newsletter is general in nature. It should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation. Foreign securities, foreign currencies, and securities issued by U.S. entities with substantial foreign operations can involve additional risks relating to political, economic, or regulatory conditions in foreign countries. These risks include fluctuations in foreign currencies; withholding or other taxes; trading, settlement, custodial, and other operational risks; and less stringent investor protection and disclosure standards in some foreign markets. All of these factors can make foreign investments, especially those in emerging markets, more volatile and potentially less liquid than U.S. investments. In addition, foreign markets can perform differently from the U.S. market. Investing involves certain risks, including possible loss of principal. You should understand and carefully consider a strategy's objectives, risks, fees, expenses and other information before investing. The views expressed in this commentary are subject to change and are not intended to be a recommendation or investment advice. Such views do not take into account the individual financial circumstances or objectives of any investor that receives them. The strategies described herein may not be suitable for all investors. There is no guarantee that the adviser will meet any of its investment objectives. All indices are unmanaged and are not available for direct investment. Indices do not incur costs including the payment of transaction costs, fees and other expenses. This information should not be considered a solicitation or an offer to provide any service in any jurisdiction where it would be unlawful to do so under the laws of that jurisdiction. Past performance is no guarantee of future results. It is not possible to invest directly in an index. Exposure to an asset class represented by an index is available through investable instruments based on that index. The S&P 500® Index is a widely recognized, unmanaged index of 500 common stocks which are generally representative of the U.S. stock market as a whole. The Nasdaq Composite® Index is the market capitalization-weighted index of over 2,500 common equities listed on the Nasdaq stock exchange. The types of securities in the index include American depositary receipts, common stocks, real estate investment trusts (REITs) and tracking stocks, as well as limited partnership interests. The EAFE® Index is a stock index offered by MSCI that covers non-U.S. and Canadian equity markets. It serves as a performance benchmark for the major international equity markets as represented by 21 major MSCI indices from Europe, Australasia, and the Middle East. The EAFE® Index is the oldest international stock index and is commonly called the MSCI EAFE Index. The Russell 2500® is a market-cap-weighted index that includes the smallest 2,500 companies covered in the broad-based Russell 3000 sphere of United States-based listed equities. All 2,500 of the companies included in the Index cover the small- and mid-cap market capitalizations. The Russell 1000® Growth Index is an unmanaged index that measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® Index companies with higher price-to-book ratios and higher forecasted growth values. The CBOE Volatility Index (VIX) is a measure of expected price fluctuations in the S&P 500 Index options over the next 30 days. The VIX is calculated in real time by the Chicago Board Options Exchange (CBOE). P/E or Price to Earnings ratio is indicates the dollar amount an investor can expect to invest in a company in order to receive one dollar of that company's earnings. The Consumer Confidence Survey® reflects prevailing business conditions and likely developments for the months ahead. The Manufacturing Business Outlook Survey is a monthly survey of manufacturers in the Third Federal Reserve District; Participants indicate the direction of change in overall business activity and in the various measures of activity at their plants: employment, working hours, new and unfilled orders, shipments, inventories, delivery times, prices paid, and prices received. The ISM manufacturing index, also known as the purchasing managers' index (PMI), is a monthly indicator of U.S. economic activity based on a survey of purchasing managers at more than 300 manufacturing firms. The Composite Index of Leading Indicators, otherwise known as the Leading Economic Index (LEI), is an index published monthly by The Conference Board. It is used to predict the direction of global economic movements in future months. A bond rating is a letter-based credit scoring scheme used to judge the quality and creditworthiness of a bond. The option adjusted spread (OAS) measures the difference in yield between a bond with an embedded option, such as an MBS or callables, with the yield on Treasuries. Mean reversion, in finance, suggests that various phenomena of interest such as asset prices and volatility of returns eventually revert to their long-term average levels. A meme stock is a security that has seen an increase in trading volume after going viral on social media or an online forum. This document may contain forward-looking statements relating to the objectives, opportunities, and the future performance of the U.S. market generally. Forward looking statements may be identified by the use of such words as; “believe,” “expect,”“anticipate,”“should,”“planned,”“estimated,”“potential”and other similar terms. Examples of forward-looking statements include, but are not limited to, estimates with respect to financial condition, results of operations, and success or lack of success of any particular investment strategy. All are subject to various factors, including, but not limited to general and local economic conditions, changing levels of competition within certain industries and markets, changes in interest rates, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors affecting a portfolio' operations that could cause actual results to differ materially from projected results. Such statements are forward-looking in nature and involve a number of known and unknown risks, uncertainties and other factors, and accordingly, actual results may differ materially from those reflected or contemplated in such forward-looking statements. Prospective investors are cautioned not to place undue reliance on any forward looking statements or examples. This material is proprietary and may not be reproduced, transferred, modified or distributed in any form without prior written permission from Americana Partners. Americana Partners reserves the right, at any time and without notice, to amend, or cease publication of the information contained herein. Certain of the information contained herein has been obtained from third-party sources and has not been independently verified. It is made available on an "as is" basis without warranty. Any strategies or investment programs described in this presentation are provided for educational purposes only and are not necessarily indicative of securities offered for sale or private placement offerings available to any investor. The mention of any individual security should not be construed as a recommendation to buy or sell that security.

Landaas & Company Money Talk Podcast
Money Talk Podcast, Friday Sept. 2, 2022

Landaas & Company Money Talk Podcast

Play Episode Listen Later Sep 2, 2022 25:15


  Landaas & Company newsletter  September edition now available. Advisors on This Week's Show Kyle Tetting Paige Radke Kendall Bauer (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Aug. 29-Sept. 2, 2022) Significant Economic Indicators & Reports Monday No major releases Tuesday Higher mortgage rates may be dampening demand for home buying, but house prices continued to rise near historic rates. According to the S&P CoreLogic Case-Shiller national index, prices rose 18% in June from the year before. That was a slowdown from nearly 20% in May and a record 21% in March. A spokesperson for the longstanding measure said despite three months of decelerated price increases, the market remained “robust” with double-digit increases reported for each of the 20 cities in the composite index. The Conference Board reported that its consumer confidence index improved in August for the first time in four months. The business research group said concerns about inflation remained high, though they had declined a bit. Expectations rose from a nine-year low in June. Consumers' attitudes toward current conditions gained for the first time in five months. Intentions to make major purchases and take vacations improved. The Conference Board said consumers remained squeamish about inflation and rising interest rates. The labor market showed strength in July with nearly twice the number of job openings as there were unemployed job seekers. The Bureau of Labor Statistics said employers had 11.2 million openings in July, vs. a separate report earlier counting about 5.7 million people as unemployed in July. Not every job seeker would qualify for every opening, but the comparison suggests how much supply and demand are out of balance. July marked the first time in four months that openings increased. The number of workers quitting their jobs — a measure of employee confidence — declined for the fourth month in a row but stayed close to the record high of 4.5 million quits last November. Wednesday No major releases Thursday The four-week moving average for initial unemployment claims fell for only the second time in the 21 weeks since hitting an all-time low in early April. At 241,500 new applications, the average was 35% below the 55-year average, according to Labor Department data. In total, 1.4 million Americans claimed unemployment compensation in the latest week, down less than 1% from the week before and down from more than 12 million the year before. The Bureau of Labor Statistics said worker productivity sank at an annual rate of 4.1% in the second quarter, revised from an initial estimate of a 4.6% decline. The annual rate for output fell 1.4%, revised from a decline of 2.1%. The pace of hours worked rose 2.7%. Compared to the second quarter of 2021, productivity dropped 2.4%, the biggest year-to-year dip in data going back to 1948. In the last year, unit labor costs — which measure worker compensation against productivity — rose 9.3%, the most since 1982. The manufacturing sector expanded in August at the same pace as July, which was the weakest in two years. Still, the Institute for Supply Management reported that manufacturers broadly and collectively grew for the 27th month in a row. The trade group said its surveys of purchasing managers indicated "at least a slight easing of supply chain congestion." Based on past relationships between the index and gross domestic product, the group said the overall economy was expanding at a 1.4% annual growth rate. The Commerce Department said construction spending declined in July, down for the second month in a row after hitting an all-time high of nearly $1.8 trillion in May. Home construction spending fell 1.5% from June's pace but was 14% ahead of July 2021. Public construction spending rose 1.5% from June, led by expenditures on highways and streets. Friday U.S. employers continued adding jobs in August,

CEO Perspectives
August Consumer Confidence Index™

CEO Perspectives

Play Episode Listen Later Aug 30, 2022 27:55 Very Popular


As worries of a recession mount and shoppers continue to battle inflation, The Conference Board President and CEO Steve Odland sits down with Lynn Franco, Senior Director of Economic Indicators and Surveys at The Conference Board, to discuss the latest economic indicators from The Conference Board. Tune into this episode on CEO Perspectives to find out: Do CEOs and US consumers anticipate a recession? Are worries about inflation and recession affecting consumers' buying plans? How are higher input costs and raising wages impacting firms? What might cause a recession in various regions? Will firms continue hiring amid a looming recession? What are the global GDP forecasts for 2022 and 2023?

Breaking Barriers, Building a Hire Ground
Learning from Supplier Diversity in the U.K. with Mayank Shah, Founder of MSDUK

Breaking Barriers, Building a Hire Ground

Play Episode Listen Later Aug 30, 2022 44:25


Nedra Dickson is the Global Supplier Inclusion and Sustainability Lead at Accenture, one of the world's largest professional services companies focusing on strategy and consulting, operations, technology, and interactive services. Nedra promotes and leads Accenture's efforts to maximize procurement opportunities with small and diverse businesses across 17 countries. She also holds several board seats within the supplier diversity community, including board memberships in the Women Business Enterprise Council, the Georgia Minority Supplier Diversity Council, and the Supplier Diversity Leadership Council for The Conference Board.Nedra joins us to discuss what companies should measure to gauge the progress of their supplier diversity programs. She explains the expanse of Accenture's supplier diversity program and its international reach. She describes the complex processes involved in navigating another country's laws and legislations for their programs. Nedra also shares how being a board member of various councils made her appreciate her role."Corporations have to begin to hold the boards accountable to be that bridge to small and diverse suppliers." - Nedra DicksonThis week on Breaking Barriers:●      What Accenture is and Nedra's role in the company●      How small and diverse businesses can help fill current supply chain gaps ●      How Nedra manages the company's supplier diversity programs overseas●      Lowering your expectations when working with other countries' laws and legislations●      The Global Data Privacy Regulation and the enormous fines associated with it●      The KPIs Nedra set for her team regarding their company's capability●      How to know whether your supplier diversity program is running successfully●      Nedra's “Building The House” model for programs●      The right metrics to measure the ROI for supplier diversity programs●      What it means to collaborate and co-innovate when looking for opportunities●      Nedra's involvement in boards and how it shaped her outlook of supplier equity and inclusion●      Why 2022 is going to be important for the boardsConnect with Nedra Dickson:●      Accenture●      Nedra Dickson on LinkedIn●      Nedra Dickson on TwitterThis podcast is brought to you by Hire GroundHire Ground is a technology company whose mission is to bridge the wealth gap through access to procurement opportunities. Hire Ground is making the enterprise ecosystem more viable, profitable, and competitive by clearing the path for minority-led, women-led, LGBT-led, and veteran-led small businesses to contribute to the global economy as suppliers to enterprise organizations.For more information on getting started please visit us @ hireground.io today!If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.Apple Podcasts | TuneIn | GooglePlay | Stitcher | SpotifyBe sure to share your favorite episodes on social media and join us on Facebook, Twitter, and LinkedIn. 

Hot Off The Wire
Feds cite efforts to obstruct probe at Trump estate; young people follow news, but without much joy; Mikhail Gorbachev dead at 91 | Top headlines for Aug. 30 &31, 2022

Hot Off The Wire

Play Episode Listen Later Aug 30, 2022 14:26


The Justice Department says classified documents were “likely concealed and removed” from former President Donald Trump's Florida estate as part of an effort to obstruct the federal investigation into the discovery of the government records. A court filing made Tuesday night shows the FBI also seized 33 boxes containing more than 100 classified records during its Aug. 8 search of Mar-a-Lago and found classified documents stashed in Trump's office. Mississippi's capital city is struggling with multiple water problems — too much on the ground after heavy rainfall in the past week, and not enough safe water coming through the pipes for people to use. Parts of Jackson were without running water Tuesday because flooding worsened problems in one of two water-treatment plants. White House press secretary Karine Jean-Pierre told reporters Tuesday that the federal government is prepared to help Mississippi respond to the water crisis. United Nations inspectors are making their way toward Ukraine's Zaporizhzhia nuclear power plant. Theirs is a long-anticipated mission that the world hopes will help secure the Russian-held facility in the middle of a war zone and avoid catastrophe. Israeli archaeologists recently unearthed the titanic tusk of a prehistoric pachyderm near a kibbutz in southern Israel, a remnants of a behemoth once hunted by early people around half a million years ago. A survey of people ages 16 to 40 finds that millennials and Generation Z follow the news but aren't that happy with what they're seeing. The study conducted by The Associated Press-NORC Center for Public Affairs Research and the American Press Institute says 79% of people in that age group follow news daily, contrary to perceptions that many are tuned out. But only 32% say they enjoy following the news, down sharply from 53% in a similar study seven years ago. Mikhail Gorbachev, the last leader of the Soviet Union, has died at 91. He waged a losing battle to salvage a crumbling empire but produced extraordinary reforms that led to the end of the Cold War. The Central Clinical Hospital in Moscow said in a statement that Gorbachev died after a long illness. In sports, Rafael Nadal won in his U.S. Open return, Venus Williams lost her opener but will root on sister Serena, Alex Leatherwood and Josh Rosen are among those released on NFL's 53-man roster cutdown day, and the Dodgers reached 90 wins. Prosecutors have rested at R. Kelly's federal trial in Chicago after presenting two weeks of evidence in a case that accuses the singer of enticing underage girls for sex and producing child pornography. Kelly's legal team now gets its chance to attack the government's case. Closing arguments are expected to happen in the middle of next week. A surge in fighting on Ukraine's southern front is fueling speculation that the long-awaited Ukrainian counteroffensive to try to turn the tide of the war is underway. Ukraine claims it destroyed bridges and ammunition depots and pounded command posts in the Russian-occupied Kherson region, while Russia says it repelled the attack and inflicted heavy casualties. The mayor of Memphis, Tennessee, says the 2020 census undercounted his city by almost 16,000 residents, leading him to join other big cities in challenging the results of the once-a-decade head count in the U.S. Parents of children enrolled in Maine religious schools fought all the way to the U.S. Supreme Court for the state to treat tuition reimbursements the same as other private schools. But only one religious school has signed up to participate so far. Religious schools have been in no rush to apply after the state attorney general said they'd have to abide by the same state antidiscrimination laws as other schools. Following three straight monthly declines, U.S. consumer confidence rebounded in August as inflation moderated and gas prices fell. The Conference Board said Tuesday that its consumer confidence index rose in August to 103.2 from 95.3 in July. The number of open jobs in the United States rose in July after three months of declines, a sign that employers are still urgently seeking workers despite slowing economic growth and high inflation. There were 11.2 million open jobs available on the last day of July — nearly two jobs, on average, for every unemployed person. With abortion limits enacted or looming nationwide, an Ohio provider has been referring hundreds of patients to its sister clinic in Indianapolis. Their pregnancies exceed Ohio's six-week limit, passed when the Supreme Court overturned Roe v. Wade. The women are racing a political clock. Indiana recently passed a near-total abortion ban. It takes effect Sept. 15. People who drink tea may be a little more likely to live longer than those who don't. That's according to a large study of British tea drinkers published Monday in Annals of Internal Medicine. Scientists found two or more cups daily was tied with a modest benefit: a 9% to 13% lower risk of death from any cause. As sea levels rise and buildings by coasts are increasingly endangered, communities around the world are turning to the small but mighty oyster to help stabilize shorelines. By establishing oyster colonies along badly eroded shorelines, governments and volunteer groups are creating natural speed bumps designed to blunt the force of waves and slow down erosion. A new study finds that Greenland has more than 120 trillion tons of ice that can be thought of as zombie ice that's going to raise sea level globally by at least 10 inches. The study looks at the edges of Greenland's ice sheet, ice that authors say is starving and dead. It will unavoidably melt and increase sea level rise no matter what else happens with future carbon pollution. —The Associated PressSee omnystudio.com/listener for privacy information.

Economy Watch
US reports surprisingly upbeat data

Economy Watch

Play Episode Listen Later Aug 30, 2022 6:48


Kia ora,Welcome to Wednesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the International edition from Interest.co.nz.Today we lead with news the US Fed's interest rate rises haven't yet quelled enthusiasm in either their retail or labour markets, nor consumer sentiment, which is something of a surprise.American retail sales rose faster than expected last week on a same-store basis to be +14% higher than year-ago levels, picking up the pace and by faster than can be explained by just inflation.The number of job openings in the US rose and by almost +200,000 in July from June to 11.2 mln, while markets had expected it to drop to 10.45 mln. It was the first increase in job openings after three consecutive months of small declines.And American consumer sentiment improved, as measured by the widely-watched Conference Board survey. While it wasn't an expected improvement, it doesn't really affect the overall trend of sliding sentiment yet. But it does hold out the possibility that a trend reversal is possible over the rest of 2022, something that seemed unlikely a month ago.Yesterday we noted the weakness in the Texas factory survey. But today, their service sector survey came in positive for August, even if slightly less so than for July.The US Fed is raising its benchmark interest rate as we know, and will likely keep at it with chunky increases for some time. They next review this 2.5% rate on September 22, NZT. But at the same time they are pushing through quantitative tightening, and now upping the withdrawal of prior monetary stimulus to -US$95 bln per month from bond markets. This is likely to have a compounding impact on core interest rate yields across the curve. Doing both at the same time is aggressive - and potentially quite risky.Across the Pacific, yesterday we noted in China that rains had returned to southwestern regions but that they weren't enough to save agriculture or really break the drought. But they have lowered temperatures and reduced electricity demand. Now officials are worried that they might turn out to become excessive quickly and have issued warnings about flash flooding as a possibility. Slips and other land damage is possible too if they become strong. Officials have warned miners to be wary, including at coal mines.And now that Evergrande has faded, the new 'largest property developer" in China is Country Garden Holdings, a developer that builds lower-end housing. They just filed their six month interim financial reports revealing profits fell -90% compared with the prior year. At least it wasn't a loss. But such weakness could be corrosive for them keeping their funding active. Being "China's largest property developer" is an unwanted title these days.We should also note that the Chinese yuan is weakening quite quickly now, down -2.0% since the start of the month, down -8.1% since the beginning of the year. There is a loss of face involved here.In Hong Kong, a total of 140,500 residents had applied as of the end of June for a special British visa that paves the way for citizenship in the UK, with China's sweeping national security law spurring more people to leave, especially families. Their population totaled 7.29 mln as of the end of June, down roughly 120,000 from a year earlier. It maxed out at over 7.5 mln in 2009. This marked the biggest drop since tracking began in 1961. The local government highlighted a "natural decrease" from deaths outpacing births. But in reality a large portion of the decline stemmed from the net outflow abroad of over -110,000 residents over the course of the year to June.In Europe, Germany reported its August inflation rate overnight, and at +7.8% is was slightly higher than they expected, boosted of course by the cost of Russian energy. On an EU harmonised basis it came in at +8.8%. But it is really the cost of food that is giving this metric the real extra boost, as they wean themselves off Russian energy. Still the high rate in August is very similar to what they have had for the past six months now.Their rate is tame compared with Hungary, which is paying for the mistake of cozying up to Russia. They have an inflation rate of 14% over the past year and 27% as the annualised rate between June and July, and to try and deal with this pressure they raised their policy interest rate overnight by +100 bps to 11.75%.The ECB will also be weighing their new moves and that too is sure to include a rate hike as EU inflation might hit 9% when it is announced later tonight. Just how much the ECB will move is the current question. Their next review is on Friday, September 9, NZT.In Australia, building permits were expected to fall -2% in July from June, but they actually fell -17%, a huge miss. Year-on-year they slumped -18%. Much of this is because approvals for new apartment building are now very weak, down -45%. But even for houses, the year-on-year retreat is approaching -20%. Rising RBA interest rates are getting the blame.The UST 10yr yield starts today at 3.12% and up +1 bps from this time yesterday. The price of gold will open today at US$1724/oz and down -US$14 from this time yesterday.And oil prices start today down -US$5/bbl at US$91.50/bbl in the US while the international Brent price is now at US$97.50/bbl.The Kiwi dollar will open today at 61.3 USc and a -¼c dip from this time yesterday. Against the Australian dollar we still down at 89.5 AUc but off a 5 year low. Against the euro we are down to 61.2 euro cents. That all means our TWI-5 starts today at 70.6 and a small retreat.The bitcoin price is now at US$19,702 and down -2.8% from this time yesterday. Volatility over the past 24 hours has been moderate at just on +/- 2.6%.You can find links to the articles mentioned today in our show notes.And get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston and we'll do this again tomorrow.

Americana Partners
Stay Invested - August 2022 (Summary) Market Commentary

Americana Partners

Play Episode Listen Later Aug 26, 2022 6:44


Melissa Giles, Director of Portfolio Management with Americana Partners presents the Monthly Market Commentary as written by, David M Darst, Chief Investment Officer with Americana Partners.  Any charts/graphs referenced are available in print format and may be provided at your request. David is currently the Chief Investment Officer for Americana Partners. David served for 17 years as a Managing Director and Chief Investment Strategist of Morgan Stanley Wealth Management, with responsibility for Asset Allocation and Investment Strategy; was the founding President of the Morgan Stanley Investment Group; and was founding Chairman of the Morgan Stanley Wealth Management Asset Allocation Committee. After 2014, he served for several years as Senior Advisor to and a member of the Morgan Stanley Wealth Management Global Investment Committee. He joined Morgan Stanley in 1996 from Goldman Sachs, where he held Senior Management posts within the Equities Division and earlier, for six years as Resident Manager of their Private Bank in Zurich. David is the Author of twelve books: (i) The Complete Bond Book (McGraw-Hill); (ii) The Handbook of the Bond and Money Markets (McGraw-Hill); (iii) The Art of Asset Allocation, Second Edition (McGraw-Hill); (iv) Mastering the Art of Asset Allocation (McGraw-Hill); (v) Benjamin Graham on Investing (McGraw-Hill); (vi) The Little Book that Saves Your Assets (John Wiley & Sons), which was ranked on the bestseller lists of The New York Times and Business Week; (vii) Portfolio Investment Opportunities in China (John Wiley & Sons); and (x) Portfolio Investment Opportunities in Precious Metals (John Wiley & Sons). His works have been translated into Chinese, Japanese, Russian, German, Korean, Italian, Indonesian, Norwegian, Romanian, and Vietnamese. Seapoint Books published David's eleventh book in 2012 , Voyager 3, containing his creative writing, and in 2016, his twelfth book, Flim-Flam Flora, a children's book coauthored with his daughter. David appears as a frequent guest on CNBC, Bloomberg, FOX, PBS, and other television channels, and has contributed numerous articles to Barron's Euromoney, The Money Manager, Forbes.com, The Yale Economic Review, and other publications. He has broadcast and written extensively on asset allocation in the Morgan Stanley biweekly Investment Strategy and Asset Allocation Commentary and in the Firm's Wealth Management monthly publication, Asset Allocation and Investment Strategy Digest, the predecessors of which he launched in 1997. David attended Father Ryan High School in Nashville, Tennessee, graduated from Phillips Exeter Academy, was awarded a BA degree in Economics from Yale University, and earned his MBA from Harvard Business School. David serves on the Investment Committee of the Phi Beta Kappa Foundation and the Advisory Boards of the George Washington Institute for Religious Freedom and the Black Rock Arts Foundation. David has lectured extensively at Wharton, Columbia, INSEAD, and New York University Business Schools, and for nine years, David served as a visiting faculty member at Yale College, Yale School of Management, and Harvard Business School. In November 2011, David was inducted by Quinnipiac University in their Business Leaders Hall of Fame. David is a CFA Charterholder and a member of the New York Society of Security Analysts and the CFA Institute. Join Our Distribution List – For a full copy of our report. Americana Partners - https://www.americanapartners.com/contact/ Americana Partners Website - https://www.americanapartners.com/ Linked In - https://www.linkedin.com/company/americana-partners/ Spotify - https://open.spotify.com/show/3rX19ND89pwEob9efsFNNF iTunes - https://podcasts.apple.com/us/podcast/americana-partners/id1496186853 Google Podcasts - https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZGJlYW4uY29tL2FtZXJpY2FuYXBhcnRuZXJzL2ZlZWQueG1s?sa=X&ved=0CAYQrrcFahcKEwj4gZrR_OnwAhUAAAAAHQAAAAAQAg   Disclosures Americana Partners, LLC is registered as an investment adviser with the SEC. The firm only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment adviser does not constitute an endorsement of the firm by securities regulators nor does it indicate that the adviser has attained a particular level of skill or ability. A copy of Americana Partners' current written disclosure brochure filed with the SEC which discusses among other things, Americana Partners' business practices, services and fees, is available through the SEC's website at: www.adviserinfo.sec.gov. The tax and legal information contained in this newsletter is general in nature. It should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation. Foreign securities, foreign currencies, and securities issued by U.S. entities with substantial foreign operations can involve additional risks relating to political, economic, or regulatory conditions in foreign countries. These risks include fluctuations in foreign currencies; withholding or other taxes; trading, settlement, custodial, and other operational risks; and less stringent investor protection and disclosure standards in some foreign markets. All of these factors can make foreign investments, especially those in emerging markets, more volatile and potentially less liquid than U.S. investments. In addition, foreign markets can perform differently from the U.S. market. Investing involves certain risks, including possible loss of principal. You should understand and carefully consider a strategy's objectives, risks, fees, expenses and other information before investing. The views expressed in this commentary are subject to change and are not intended to be a recommendation or investment advice. Such views do not take into account the individual financial circumstances or objectives of any investor that receives them. The strategies described herein may not be suitable for all investors. There is no guarantee that the adviser will meet any of its investment objectives. All indices are unmanaged and are not available for direct investment. Indices do not incur costs including the payment of transaction costs, fees and other expenses. This information should not be considered a solicitation or an offer to provide any service in any jurisdiction where it would be unlawful to do so under the laws of that jurisdiction. Past performance is no guarantee of future results. It is not possible to invest directly in an index. Exposure to an asset class represented by an index is available through investable instruments based on that index. The S&P 500® Index is a widely recognized, unmanaged index of 500 common stocks which are generally representative of the U.S. stock market as a whole. The Nasdaq Composite® Index is the market capitalization-weighted index of over 2,500 common equities listed on the Nasdaq stock exchange. The types of securities in the index include American depositary receipts, common stocks, real estate investment trusts (REITs) and tracking stocks, as well as limited partnership interests. The EAFE® Index is a stock index offered by MSCI that covers non-U.S. and Canadian equity markets. It serves as a performance benchmark for the major international equity markets as represented by 21 major MSCI indices from Europe, Australasia, and the Middle East. The EAFE® Index is the oldest international stock index and is commonly called the MSCI EAFE Index. The Russell 2500® is a market-cap-weighted index that includes the smallest 2,500 companies covered in the broad-based Russell 3000 sphere of United States-based listed equities. All 2,500 of the companies included in the Index cover the small- and mid-cap market capitalizations. The Russell 1000® Growth Index is an unmanaged index that measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® Index companies with higher price-to-book ratios and higher forecasted growth values. The CBOE Volatility Index (VIX) is a measure of expected price fluctuations in the S&P 500 Index options over the next 30 days. The VIX is calculated in real time by the Chicago Board Options Exchange (CBOE). P/E or Price to Earnings ratio is indicates the dollar amount an investor can expect to invest in a company in order to receive one dollar of that company's earnings. The Consumer Confidence Survey® reflects prevailing business conditions and likely developments for the months ahead. The Manufacturing Business Outlook Survey is a monthly survey of manufacturers in the Third Federal Reserve District; Participants indicate the direction of change in overall business activity and in the various measures of activity at their plants: employment, working hours, new and unfilled orders, shipments, inventories, delivery times, prices paid, and prices received. The ISM manufacturing index, also known as the purchasing managers' index (PMI), is a monthly indicator of U.S. economic activity based on a survey of purchasing managers at more than 300 manufacturing firms. The Composite Index of Leading Indicators, otherwise known as the Leading Economic Index (LEI), is an index published monthly by The Conference Board. It is used to predict the direction of global economic movements in future months. A bond rating is a letter-based credit scoring scheme used to judge the quality and creditworthiness of a bond. The option adjusted spread (OAS) measures the difference in yield between a bond with an embedded option, such as an MBS or callables, with the yield on Treasuries. Mean reversion, in finance, suggests that various phenomena of interest such as asset prices and volatility of returns eventually revert to their long-term average levels. A meme stock is a security that has seen an increase in trading volume after going viral on social media or an online forum. This document may contain forward-looking statements relating to the objectives, opportunities, and the future performance of the U.S. market generally. Forward looking statements may be identified by the use of such words as; “believe,” “expect,”“anticipate,”“should,”“planned,”“estimated,”“potential”and other similar terms. Examples of forward-looking statements include, but are not limited to, estimates with respect to financial condition, results of operations, and success or lack of success of any particular investment strategy. All are subject to various factors, including, but not limited to general and local economic conditions, changing levels of competition within certain industries and markets, changes in interest rates, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors affecting a portfolio' operations that could cause actual results to differ materially from projected results. Such statements are forward-looking in nature and involve a number of known and unknown risks, uncertainties and other factors, and accordingly, actual results may differ materially from those reflected or contemplated in such forward-looking statements. Prospective investors are cautioned not to place undue reliance on any forward looking statements or examples. This material is proprietary and may not be reproduced, transferred, modified or distributed in any form without prior written permission from Americana Partners. Americana Partners reserves the right, at any time and without notice, to amend, or cease publication of the information contained herein. Certain of the information contained herein has been obtained from third-party sources and has not been independently verified. It is made available on an "as is" basis without warranty. Any strategies or investment programs described in this presentation are provided for educational purposes only and are not necessarily indicative of securities offered for sale or private placement offerings available to any investor. The mention of any individual security should not be construed as a recommendation to buy or sell that security.

Brussels Sprouts
A Looming Crisis in the Indo-Pacific, with Jude Blanchette and Zack Cooper

Brussels Sprouts

Play Episode Listen Later Aug 22, 2022 59:58


How does the crisis provoked by Nancy Pelosi's recent trip to Taiwan illustrate the broader state of U.S.-China relations?Jude Blanchette and Zack Cooper join Andrea Kendall-Taylor and Jim Townsend to discuss the likely trajectory of the crisis and its broader implications for the transatlantic community. Jude Blanchette holds the Freeman Chair in China Studies at the Center for Strategic and International Studies. Previously, he was engagement director at The Conference Board's China Center for Economics and Business in Beijing, where he researched China's political environment with a focus on the workings of the Communist Party of China and its impact on foreign companies and investors. Zack Cooper is a senior fellow at the American Enterprise Institute, where he studies U.S. strategy in Asia, including alliance dynamics and U.S.-China competition. He also teaches at Princeton University, co-directs the Alliance for Securing Democracy, and cohosts the “Net Assessment” podcast.

Outthinkers
#55—Anna Tavis: Preparing for the Future of Work

Outthinkers

Play Episode Listen Later Aug 19, 2022 22:13


Dr. Anna Tavis is Clinical Professor and Academic Director of Human Capital Management Department at NYU School of Professional Studies, Senior Fellow with the Conference Board, and the Academic in Residence with Executive Networks. Anna has been named to Thinkers50 Radar for 2020. Her latest book, Humans at Work. The Art and Practice of Creating a Remote Workplace, was published in the spring of 2022. Anna publishes regularly and has been quoted by the Washington Post, Bloomberg, The Human Resources Executive, and Training Magazine. Her Harvard Business Review articles with Peter Cappelli "HR Goes Agile" ( 2018) and "The Performance Management Revolution" (2016) were reprinted in HBR's Must Reads and in Agile: The Insights You Need from Harvard Business Review (2020).She has navigated a diverse global career in academia, business and consulting, and was the Head of Motorola's EMEA OD function based in London, Nokia's Global Head of Talent Management based in Helsinki, Chief Learning Officer with United Technologies Corp based in Hartford, CT and Global Head of Talent and Organizational Development with AIG Investments based in NYC. Her work on the topics of Future of Work, People Analytics and Technology, Employee Experience and Intelligent Automation in the Workplace are truly at the cutting edge. In this podcast, she shares: Three trends most impacting the future of work How AI will shape what work humans do in the future Why diversity and inclusion matter What it will take for an organization or a leader in an organization to win the war for talent going forward __________________________________________________________________________________________"With culture, you're dealing with changes in values, but I think even more important: changes in behaviors, how we do things around here." -Anna Tavis__________________________________________________________________________________________Episode Timeline:00:00—Introducing Anna + The topic of today's episode2:29—If you really know me, you know that...3:38—What is your definition of strategy?4:43—How do you define work?5:47—How is work changing?9:37—Could you give us a visual of how this re-emergence of the era of creative work is happening?11:05—How is the role of society and companies for employees going to change in light of how work is changing?13:50—Is culture defined by value or behaviors?16:22—You talk about the phases of an effective culture transformation—could you talk about those?21:15—Where can people follow you and your work?__________________________________________________________________________________________Additional Resources: LinkedIn: https://www.linkedin.com/in/annatavis/esColumbia University Page: https://sps.columbia.edu/speaker/anna-tavis-phdTwitter: https://twitter.com/annatavis

Outthinkers
#55—Anna Tavis: Preparing for the Future of Work

Outthinkers

Play Episode Listen Later Aug 19, 2022 22:13


Dr. Anna Tavis is Clinical Professor and Academic Director of Human Capital Management Department at NYU School of Professional Studies, Senior Fellow with the Conference Board, and the Academic in Residence with Executive Networks. Anna has been named to Thinkers50 Radar for 2020. Her latest book, Humans at Work. The Art and Practice of Creating a Remote Workplace, was published in the spring of 2022. Anna publishes regularly and has been quoted by the Washington Post, Bloomberg, The Human Resources Executive, and Training Magazine. Her Harvard Business Review articles with Peter Cappelli "HR Goes Agile" ( 2018) and "The Performance Management Revolution" (2016) were reprinted in HBR's Must Reads and in Agile: The Insights You Need from Harvard Business Review (2020).She has navigated a diverse global career in academia, business and consulting, and was the Head of Motorola's EMEA OD function based in London, Nokia's Global Head of Talent Management based in Helsinki, Chief Learning Officer with United Technologies Corp based in Hartford, CT and Global Head of Talent and Organizational Development with AIG Investments based in NYC. Her work on the topics of Future of Work, People Analytics and Technology, Employee Experience and Intelligent Automation in the Workplace are truly at the cutting edge. In this podcast, she shares: Three trends most impacting the future of work How AI will shape what work humans do in the future Why diversity and inclusion matter What it will take for an organization or a leader in an organization to win the war for talent going forward __________________________________________________________________________________________"With culture, you're dealing with changes in values, but I think even more important: changes in behaviors, how we do things around here." -Anna Tavis__________________________________________________________________________________________Episode Timeline:00:00—Introducing Anna + The topic of today's episode2:29—If you really know me, you know that...3:38—What is your definition of strategy?4:43—How do you define work?5:47—How is work changing?9:37—Could you give us a visual of how this re-emergence of the era of creative work is happening?11:05—How is the role of society and companies for employees going to change in light of how work is changing?13:50—Is culture defined by value or behaviors?16:22—You talk about the phases of an effective culture transformation—could you talk about those?21:15—Where can people follow you and your work?__________________________________________________________________________________________Additional Resources: LinkedIn: https://www.linkedin.com/in/annatavis/esColumbia University Page: https://sps.columbia.edu/speaker/anna-tavis-phdTwitter: https://twitter.com/annatavis

Landaas & Company Money Talk Podcast
Money Talk Podcast, Friday Aug. 19, 2022

Landaas & Company Money Talk Podcast

Play Episode Listen Later Aug 19, 2022 14:21


  Landaas & Company newsletter  August edition now available. Advisors on This Week's Show Kyle Tetting Art Rothschild (with Max Hoelzl, engineered by Jason Scuglik) Week in Review (Aug. 15-19, 2022) Significant Economic Indicators & Reports Monday No major announcements Tuesday Housing construction data showed declines in July amid the rising costs of financing. Both building permits and housing starts dropped to slower paces, with permits down 1.3% from June and starts down 9.6%. Both indicators hovered at elevations before the Great Recession, with single-family housing falling off more than multi-unit structures. The same report from the Commerce Department revealed a relatively healthy home building market with the number of houses under construction near an all-time high in more than 52 years of data. The Federal Reserve reported a 0.6% gain in industrial production in July, led by manufacturing. Auto makers increased their output by 6.6% for the month. Excluding their contribution, manufacturing production rose 0.3%. Total industrial production advanced nearly 4% from the year before, with manufacturing up 3%, mining up nearly 8% and utilities up 2%. Industries' capacity utilization rate, an inflation indicator, rose to 80.3%, its highest level in four years. The 50-year average for capacity utilization is 79.6%. Wednesday The Commerce Department reported Retail sales in July were essentially flat from the prior month. Excluding gasoline and auto sales, retail sales rose 0.7% in July from June. Retail sales were 10.3% higher than July 2021. Thursday The Labor Department reported that the four-week moving average for initial unemployment claims was down from the prior week and remains significantly lower than the 33-year average (about 1/3 lower). Continued signs of broad strength in the labor market. The Conference Board said its leading economic indicators index has fallen 1.6% from January to July 2022. Conference board projects U.S. economy will not expand in Q3 and "could tip into a short but mild recession" by year end or early 2023. Existing home sales declined 5.9% from the prior month and 20.2% from a year ago in July. Buyers continue to be sidelined by higher mortgage rates and already high prices as well as the reduced value of other investments. The 30-year fixed Mortgage Rate was still above 5%, but below the 5.8% Mid-June peak. Friday No major announcements MARKET CLOSINGS FOR THE WEEK Nasdaq – 12705, down 342 points or 2.6% Standard & Poor's 500 – 4228, down 52 points or 1.2% Dow Jones Industrial – 33706, down 55 points or 0.2% 10-year U.S. Treasury Note – 2.98%, up 0.13 point Send us a question for our next podcast. Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail.

CEO Perspectives
The Re-Sign of the Times

CEO Perspectives

Play Episode Listen Later Aug 8, 2022 30:23 Very Popular


“People leave, generally speaking, for salary increases or career development—that's been the same for decades. But they are also leaving because they think that they might actually have a respite, a little chance to take a breather, and then start again somewhere new.” In this episode of CEO Perspectives, The Conference Board President and CEO Steve Odland sits down with Rebecca Ray, Executive Vice President of Human Capital at The Conference Board to discuss the ongoing mass resignation of workers, known as The Great Resignation. Tune in to find out: What triggered this shift? Why are so many people now reexamining their relationship with their job? What demographics are seeing this trend the most? Will a recession prompt those who left the workforce to reevaluate their decision? How can businesses better support the return of women to the workplace? What should employees consider when weighing a job change? What is the role of managers in retaining top talent? And how can businesses support them? What other cost-effective strategies can businesses employ to retain workers?

Real Estate News: Real Estate Investing Podcast
The Real Estate News Brief: Negative GDP in Q2, Inflation Jumps Again, the Fed's Big Rate Hike

Real Estate News: Real Estate Investing Podcast

Play Episode Listen Later Aug 6, 2022 6:34


In this Real Estate News Brief for the week ending July 30th, 2022... a negative GDP report, inflation heads higher, and the Fed's latest rate hike. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. Economic NewsWe begin with economic news from this past week. The Federal Reserve carried out its fourth rate hike this year to slow inflation, and the second increase of .75%. That puts the top end of the overnight lending rate at 2.5%. Higher rates make it more expensive for businesses and consumers to borrow money and that helps slow the economy, and the rate of inflation. (1)The latest reading on inflation was a report on the PCE or Personal Consumer Expenditure Index. That shows a 1% increase in June to a yearly rate of 6.8%, which is the highest since January of 1982. When you eliminate fuel and food, the core PCE is 4.8%. The Federal Reserve considers the PCE to be more accurate than the CPI because it takes into account other variables, such as consumers shopping for different, lower-priced items. (2)Fed Chief Jerome Powell has said repeatedly that inflation is too high, but he said during a press conference after the latest rate hike, that the U.S. is not in a recession despite a second quarter of negative economic growth. The government says the economy shrank at an annual pace of -.9% in Q2. That's after a -1.6% loss of economic activity in Q1. Two consecutive quarters of negative growth is the standard definition of a recession, but thanks to a number of things bolstering the economy, such as a strong job market, many economists, including Fed Chief Powell, don't believe we're there yet. (3) Powell said several times that the central bank will do whatever it takes to control inflation, which may put the U.S. into a recession at some point. He suggested more rate hikes in the coming months but didn't give any forward guidance because the situation is so volatile. The Fed expects short-term interest rates to hit 3.5% by the end of the year. Some economists are predicting a 50 point hike in the next meeting followed by two 25 point hikes. (4)Initial jobless claims had been slowly rising, but were about 5,000 applications lower last week. The Labor Department says they fell to a total of 256,000. Ongoing claims were also lower. They were down 25,000 to 1.36 million. (5)On to the housing market…New home sales fell to their lowest level since the pandemic began. They were down 8.1% in June to a seasonally-adjusted rate of 590,000. The year-over-year drop is 17.4%. Many consumers can't afford a high-priced home combined with a higher mortgage rate. The median sales price of a new home was $402,400 in May. (6)Pending home sales for existing homes also tumbled in June. According to the National Association of Realtors, they were down 8.6% for the month and 20% year-over-year. As MarketWatch reports, potential home buyers are spooked by high home prices and inflation in general, higher mortgage rates, and talk of a recession. NAR's Chief Economist Lawrence Yun says that buying a home in June of this year was 80% more expensive than it was in 2019. (7)*But home price growth has started to slow down. The S&P CoreLogic Case-Shiller Index shows a year-over-year price growth of 19.7%. That's down from 20.6% in April. (8) Keep in mind that the Case Schiller index is a lagging indicator, and a lot has changed in the market since May. As for consumer thoughts on the economy…The Conference Board reports that confidence levels fell for a third month in a row to a reading of 95.7. Economists like to say that consumer spending is still robust, but the International Monetary Fund says that's at higher income levels. One member of the Conference Board, Lynn Franco, says that consumers will likely face “headwinds” over the next six months as they deal with inflation and additional rate hikes. (9) A survey on consumer sentiment by the University of Michigan shows similar results. It was up slightly at the end of July but is still near the lowest level on record. (10)Mortgage RatesMortgage rates are falling as home buyers sit on the sidelines. Freddie Mac says the average 30-year fixed-rate mortgage was down 24 basis points last week to 5.3%. The 15-year was down 17 points to 4.58%. (11)In other news making headlines...Will the Latest Rate Hike Impact Mortgages?The Fed's rate-hiking plan has created concern that mortgage rates will continue to move higher. The two are not directly related, although higher short-term rates often do influence mortgage rates. But NAR's Lawrence Yun doesn't think mortgage rates will move much higher this year. He says: “The long-term bond market on which mortgage rates are generally priced has mostly priced in all future actions by the Fed and may have already peaked with the 10-year Treasury shooting up 3.5% in mid-June.” (12)He feels that the 30-year fixed will settle down at 5.5 to 6% for the rest of the year. That's it for today. Check the show notes for links.If you'd like more news on the housing market, please go to newsforinvestors.com and check on other podcasts you may have missed. You'll also find hundreds of webinars and articles on the housing market at our website. If you haven't joined RealWealth, you can sign up for free. That will give you access to our investor portal where you'll find details on specific single-family rental markets.And please remember to hit the subscribe button, and leave a review!Thanks for listening. I'm Kathy Fettke.Links:1 -https://www.marketwatch.com/story/fed-hikes-rates-by-0-75-percentage-points-and-signals-more-hikes-coming-11658944875?mod=home-page2 -https://www.marketwatch.com/story/coming-up-pce-inflation-and-consumer-spending-11659096833?mod=economic-report3 -https://www.marketwatch.com/story/coming-up-u-s-gdp-11659010141?mod=economy-politics4 -https://www.marketwatch.com/story/was-feds-powell-dovish-or-not-4-key-takeaways-from-todays-press-conference-11658965985?mod=federal-reserve5 -https://www.marketwatch.com/story/u-s-jobless-claims-retreat-after-hitting-highest-level-in-eight-months-11659012115?mod=economic-report6 -https://www.marketwatch.com/story/u-s-new-home-sales-fall-in-june-to-the-lowest-level-since-the-pandemic-11658845189?mod=mw_latestnews7 -https://www.marketwatch.com/story/u-s-pending-home-sales-tumble-in-june-11658930424?mod=mw_latestnews8 -https://www.marketwatch.com/story/u-s-home-prices-slip-in-may-from-record-high-in-prior-month-case-shiller-11658840473?mod=economic-report9 -https://www.marketwatch.com/story/u-s-consumer-confidence-declines-for-third-straight-month-in-june-11658845555?mod=bnbh_mwarticle10 -https://www.marketwatch.com/story/consumers-pessimistic-about-inflation-and-the-economy-sentiment-poll-shows-11659104044?mod=economic-report11 -https://www.freddiemac.com/pmms12 -https://magazine.realtor/daily-news/2022/07/28/2nd-historic-fed-rate-hike-unlikely-to-further-damage-mortgage-borrowers

Landaas & Company Money Talk Podcast
Money Talk Podcast, Friday July 29,2022

Landaas & Company Money Talk Podcast

Play Episode Listen Later Jul 29, 2022 21:32


  Landaas & Company newsletter  August edition now available. Advisors on This Week's Show Brian Kilb Dave Sandstrom Kendall Bauer (with Max Hoelzl and Joel Dresang, engineered by Jason Scuglik) Week in Review (July 25-29, 2022) SIGNIFICANT ECONOMIC INDICATORS & REPORTS Monday No major releases Tuesday The year-to-year increase in residential prices slowed in May for the second month in a row. The S&P CoreLogic Case-Shiller national home price index rose 19.7% from the year before, down from 20.6% in April. Of 20 cities tracked in a composite index, 16 had lower increases in May, but all 20 saw double-digit gains. A spokesman for the index projected that further price gains will narrow as rising financing costs for houses take a toll on demand. The Conference Board said its consumer confidence index declined in July for the third month in a row, suggesting slower economic growth entering the third quarter and raising the risk of recession. July's drop-off in optimism occurred mostly in consumer expectations. The business research group said ongoing concerns about inflation were holding back more consumers' plans to buy big-ticket items. About 70% of the U.S. economy is driven by consumer spending. The annual rate of new home sales fell in June, dropping 8% from May and down 17% from the pace in June 2021. The Commerce Department reported that the inventory of unsold houses rose to their highest level since May 2009. Meanwhile, the median price of new houses rose to $402,400, up 7% from June 2021. Half of the houses sold in June cost $400,000 or more, compared to 34% in all of 2020. Wednesday Manufacturing demand remained high in June, with durable goods orders rising for the eighth time in nine months. Orders rose 1.9% from May, with broad gains led by an 80% jump in contracts for military aircraft. Excluding the volatile transportation category, the value of orders rose 0.4% from May, according to figures from the Commerce Department. Core capital goods orders, a proxy for business investment, rose 0.5% from May and 10% from June 2021. The National Association of Realtors blamed rising mortgage rates and high prices for dampening demand for real estate in June. The trade association said its pending home sales index dropped 8.6% from May and 20% from the year before. The Realtors said home buying is 80% more expensive than it was three years ago and that nearly a quarter of those who bought a house in 2019 wouldn't qualify to buy now. The association projected a 13% decline in sales in 2022. Thursday The U.S. economy sank at an annual pace of 0.9% in the second quarter, the second consecutive decline, following a 1.6% setback in the first three months of the year. Adjusted for inflation, gross domestic product rose 1.6% from the same time in 2021 and was up 2.5% from the peak before the pandemic, according to new data from the Bureau of Economic Analysis. Although two consecutive quarters of declining GDP is a common shorthand for economic recession, the actual definition is more complicated. Some officials say the latest data fall short of showing a recession yet. The four-week moving average for initial unemployment claims continued rising since hitting an all-time low in early April. The Labor Department reported the moving average at nearly 250,000 claims, the highest since November and up from about 170,000 in April. The level was 30% above the low point just before the pandemic yet 33% lower than the 55-year average. In the latest week, nearly 1.5 million Americans claimed jobless benefits, up 9% from the week before but down from 13.1 million the year before. Friday The Bureau of Economic Analysis said consumer spending rose 1.1% in June, although it was just 0.1% after adjusting for inflation. Personal income gained 0.6% in June, the same as in May. As a result of increased spending on steady income, the personal saving rate fell to 5.1%, the lowest since August 2009.

Americana Partners
Stay Invested - July 2022 Market Commentary

Americana Partners

Play Episode Listen Later Jul 28, 2022 41:30


Melissa Giles, Director of Portfolio Management with Americana Partners presents the Monthly Market Commentary as written by, David M Darst, Chief Investment Officer with Americana Partners.  Any charts/graphs referenced are available in print format and may be provided at your request. David is currently the Chief Investment Officer for Americana Partners. David served for 17 years as a Managing Director and Chief Investment Strategist of Morgan Stanley Wealth Management, with responsibility for Asset Allocation and Investment Strategy; was the founding President of the Morgan Stanley Investment Group; and was founding Chairman of the Morgan Stanley Wealth Management Asset Allocation Committee. After 2014, he served for several years as Senior Advisor to and a member of the Morgan Stanley Wealth Management Global Investment Committee. He joined Morgan Stanley in 1996 from Goldman Sachs, where he held Senior Management posts within the Equities Division and earlier, for six years as Resident Manager of their Private Bank in Zurich. David is the Author of twelve books: (i) The Complete Bond Book (McGraw-Hill); (ii) The Handbook of the Bond and Money Markets (McGraw-Hill); (iii) The Art of Asset Allocation, Second Edition (McGraw-Hill); (iv) Mastering the Art of Asset Allocation (McGraw-Hill); (v) Benjamin Graham on Investing (McGraw-Hill); (vi) The Little Book that Saves Your Assets (John Wiley & Sons), which was ranked on the bestseller lists of The New York Times and Business Week; (vii) Portfolio Investment Opportunities in China (John Wiley & Sons); and (x) Portfolio Investment Opportunities in Precious Metals (John Wiley & Sons). His works have been translated into Chinese, Japanese, Russian, German, Korean, Italian, Indonesian, Norwegian, Romanian, and Vietnamese. Seapoint Books published David's eleventh book in 2012 , Voyager 3, containing his creative writing, and in 2016, his twelfth book, Flim-Flam Flora, a children's book coauthored with his daughter. David appears as a frequent guest on CNBC, Bloomberg, FOX, PBS, and other television channels, and has contributed numerous articles to Barron's Euromoney, The Money Manager, Forbes.com, The Yale Economic Review, and other publications. He has broadcast and written extensively on asset allocation in the Morgan Stanley biweekly Investment Strategy and Asset Allocation Commentary and in the Firm's Wealth Management monthly publication, Asset Allocation and Investment Strategy Digest, the predecessors of which he launched in 1997. David attended Father Ryan High School in Nashville, Tennessee, graduated from Phillips Exeter Academy, was awarded a BA degree in Economics from Yale University, and earned his MBA from Harvard Business School. David serves on the Investment Committee of the Phi Beta Kappa Foundation and the Advisory Boards of the George Washington Institute for Religious Freedom and the Black Rock Arts Foundation. David has lectured extensively at Wharton, Columbia, INSEAD, and New York University Business Schools, and for nine years, David served as a visiting faculty member at Yale College, Yale School of Management, and Harvard Business School. In November 2011, David was inducted by Quinnipiac University in their Business Leaders Hall of Fame. David is a CFA Charterholder and a member of the New York Society of Security Analysts and the CFA Institute. Join Our Distribution List – For a full copy of our report. Americana Partners - https://www.americanapartners.com/contact/ Americana Partners Website - https://www.americanapartners.com/ Linked In - https://www.linkedin.com/company/americana-partners/ Spotify - https://open.spotify.com/show/3rX19ND89pwEob9efsFNNF iTunes - https://podcasts.apple.com/us/podcast/americana-partners/id1496186853 Google Podcasts - https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZGJlYW4uY29tL2FtZXJpY2FuYXBhcnRuZXJzL2ZlZWQueG1s?sa=X&ved=0CAYQrrcFahcKEwj4gZrR_OnwAhUAAAAAHQAAAAAQAg   Disclosures Americana Partners, LLC is registered as an investment adviser with the SEC. The firm only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment adviser does not constitute an endorsement of the firm by securities regulators nor does it indicate that the adviser has attained a particular level of skill or ability. A copy of Americana Partners' current written disclosure brochure filed with the SEC which discusses among other things, Americana Partners' business practices, services and fees, is available through the SEC's website at: www.adviserinfo.sec.gov. The tax and legal information contained in this newsletter is general in nature. It should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation. Foreign securities, foreign currencies, and securities issued by U.S. entities with substantial foreign operations can involve additional risks relating to political, economic, or regulatory conditions in foreign countries. These risks include fluctuations in foreign currencies; withholding or other taxes; trading, settlement, custodial, and other operational risks; and less stringent investor protection and disclosure standards in some foreign markets. All of these factors can make foreign investments, especially those in emerging markets, more volatile and potentially less liquid than U.S. investments. In addition, foreign markets can perform differently from the U.S. market. Investing involves certain risks, including possible loss of principal. You should understand and carefully consider a strategy's objectives, risks, fees, expenses and other information before investing. The views expressed in this commentary are subject to change and are not intended to be a recommendation or investment advice. Such views do not take into account the individual financial circumstances or objectives of any investor that receives them. The strategies described herein may not be suitable for all investors. There is no guarantee that the adviser will meet any of its investment objectives. All indices are unmanaged and are not available for direct investment. Indices do not incur costs including the payment of transaction costs, fees and other expenses. This information should not be considered a solicitation or an offer to provide any service in any jurisdiction where it would be unlawful to do so under the laws of that jurisdiction. Past performance is no guarantee of future results. It is not possible to invest directly in an index. Exposure to an asset class represented by an index is available through investable instruments based on that index. The S&P 500® Index is a widely recognized, unmanaged index of 500 common stocks which are generally representative of the U.S. stock market as a whole. The Nasdaq Composite® Index is the market capitalization-weighted index of over 2,500 common equities listed on the Nasdaq stock exchange. The types of securities in the index include American depositary receipts, common stocks, real estate investment trusts (REITs) and tracking stocks, as well as limited partnership interests. The EAFE® Index is a stock index offered by MSCI that covers non-U.S. and Canadian equity markets. It serves as a performance benchmark for the major international equity markets as represented by 21 major MSCI indices from Europe, Australasia, and the Middle East. The EAFE® Index is the oldest international stock index and is commonly called the MSCI EAFE Index. The Russell 2500® is a market-cap-weighted index that includes the smallest 2,500 companies covered in the broad-based Russell 3000 sphere of United States-based listed equities. All 2,500 of the companies included in the Index cover the small- and mid-cap market capitalizations. The Russell 1000® Growth Index is an unmanaged index that measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® Index companies with higher price-to-book ratios and higher forecasted growth values. The CBOE Volatility Index (VIX) is a measure of expected price fluctuations in the S&P 500 Index options over the next 30 days. The VIX is calculated in real time by the Chicago Board Options Exchange (CBOE). P/E or Price to Earnings ratio is indicates the dollar amount an investor can expect to invest in a company in order to receive one dollar of that company's earnings. The Consumer Confidence Survey® reflects prevailing business conditions and likely developments for the months ahead. The Manufacturing Business Outlook Survey is a monthly survey of manufacturers in the Third Federal Reserve District; Participants indicate the direction of change in overall business activity and in the various measures of activity at their plants: employment, working hours, new and unfilled orders, shipments, inventories, delivery times, prices paid, and prices received. The ISM manufacturing index, also known as the purchasing managers' index (PMI), is a monthly indicator of U.S. economic activity based on a survey of purchasing managers at more than 300 manufacturing firms. The Composite Index of Leading Indicators, otherwise known as the Leading Economic Index (LEI), is an index published monthly by The Conference Board. It is used to predict the direction of global economic movements in future months. A bond rating is a letter-based credit scoring scheme used to judge the quality and creditworthiness of a bond. The option adjusted spread (OAS) measures the difference in yield between a bond with an embedded option, such as an MBS or callables, with the yield on Treasuries. Mean reversion, in finance, suggests that various phenomena of interest such as asset prices and volatility of returns eventually revert to their long-term average levels. A meme stock is a security that has seen an increase in trading volume after going viral on social media or an online forum. This document may contain forward-looking statements relating to the objectives, opportunities, and the future performance of the U.S. market generally. Forward looking statements may be identified by the use of such words as; “believe,” “expect,”“anticipate,”“should,”“planned,”“estimated,”“potential”and other similar terms. Examples of forward-looking statements include, but are not limited to, estimates with respect to financial condition, results of operations, and success or lack of success of any particular investment strategy. All are subject to various factors, including, but not limited to general and local economic conditions, changing levels of competition within certain industries and markets, changes in interest rates, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors affecting a portfolio' operations that could cause actual results to differ materially from projected results. Such statements are forward-looking in nature and involve a number of known and unknown risks, uncertainties and other factors, and accordingly, actual results may differ materially from those reflected or contemplated in such forward-looking statements. Prospective investors are cautioned not to place undue reliance on any forward looking statements or examples. This material is proprietary and may not be reproduced, transferred, modified or distributed in any form without prior written permission from Americana Partners. Americana Partners reserves the right, at any time and without notice, to amend, or cease publication of the information contained herein. Certain of the information contained herein has been obtained from third-party sources and has not been independently verified. It is made available on an "as is" basis without warranty. Any strategies or investment programs described in this presentation are provided for educational purposes only and are not necessarily indicative of securities offered for sale or private placement offerings available to any investor. The mention of any individual security should not be construed as a recommendation to buy or sell that security.

PCTY Talks
Developing a Diverse Candidate Pipeline for Women with Francine Parham

PCTY Talks

Play Episode Listen Later Jul 28, 2022 13:43 Transcription Available


As part of your recruiting efforts, creating a diverse candidate pipeline of women and supplying them with what they need to be successful can push your organization to the next level. Join Francine Parham and host Shari Simpson as they share how leadership can center the importance of diverse thought and inclusivity by inviting diversified women to the table.  Guest: Francine Parham, Founder & CEO | Author of Please Sit Over There: How to Manage Power, Overcome Exclusion and Succeed as a Black Woman at Work Francine is the founder and CEO of Francine Parham & Co, a company focused on women's leadership and the advancement of women and women of color in the workplace. She has held the position of global vice president for General Electric and Johnson & Johnson, and she currently serves as a senior fellow for the Human Capital Center at the Conference Board, a global think tank. Parham is a frequent public speaker, and she has been recognized as a women's leadership and career advancement expert by the Women's Media Center. Mentioned in the episode: Book: Please Sit Over There: How to Manage Power, Overcome Exclusion and Succeed as a Black Woman at Work

CEO Perspectives
Global Recession: Is a Downturn Inevitable?

CEO Perspectives

Play Episode Listen Later Jul 26, 2022 30:04 Very Popular


What is the likelihood of a US recession and possibly a global recession? And what would be the instigator in both cases? What about emerging markets and the impact of China's economic issues? And, what are the key indicators you should look at to track economies? These are just a few of the questions discussed in this bonus episode of CEO Perspectives as Steve Odland, President and CEO of The Conference Board sits down with Chief Economist Dana Peterson. Listen to this podcast and watch this webcast to discover: What are the general causes for recessions and slowdowns ahead? What are CEOs saying they are doing to ensure growth going forward? What about ongoing issues with labor, which are apparent in the US, Europe, and Asia? Where can our companies find indispensable answers to key questions and business solutions?

Indications
Consumer Confidence Declines for Third Month in a Row

Indications

Play Episode Listen Later Jul 26, 2022 8:33


The Conference Board Consumer Confidence Index® decreased for the third consecutive month in July, following a larger decline in June. The Index now stands at 95.7 (1985=100), down 2.7 points from 98.4 in June. Join Lynn Franco, Senior Director of Economic Indicators at The Conference Board as she talks with Chief Economist Dana Peterson about how inflation and additional Fed rate hikes are likely to continue posing strong headwinds for consumer spending and economic growth over the next six months.

CEO Perspectives
Repositioning of the Marketing Profession

CEO Perspectives

Play Episode Listen Later Jul 25, 2022 30:45 Very Popular


In this episode of CEO Perspectives, The Conference Board President and CEO Steve Odland sits down with Ivan Pollard, Center Leader, Marketing & Communications, The Conference Board, and former Chief Marketing Officer at General Mills. Odland and Pollard discuss the business function that has arguably changed more than any other in the 21st century: marketing. Tune in to find out: How marketing has evolved over the last 30 years vs. marketing's tactical world today How the best companies leverage their marketing talent —internally and externally What CMOs need from CEOs today—and vice versa

Human Capital Watch
The Reimagined Workplace Two Years Later

Human Capital Watch

Play Episode Listen Later Jul 25, 2022 19:49


Read the report here To understand how organizations are continuing to react to the pandemic and the changing business environment in the context of their workplaces and workforces, The Conference Board has conducted four online surveys of human capital leaders in the past two years. As The Reimagined Workplace Two Years Later: Human Capital Responses to the COVID-19 Pandemic reveals, greater numbers of employees are expected to work remotely than they did before COVID. We anticipate that organizations will adapt to this new work reality with flexible hours and hybrid working locations, hoping these adjustments will sustain future success sourcing talent, retaining current employees, and increasing productivity levels. In this podcast, coauthors Robin Erickson, PhD, and Deb Cohen, PhD, share the survey findings about remote work and returning to the workplace, recruitment, retention, employee well-being, and organizational culture, as well as comparing findings to the April 2020, September 2020, and April 2021 surveys results.

POLITICO Playbook Audio Briefing
July 25, 2022: This week, it really is the economy, stupid

POLITICO Playbook Audio Briefing

Play Episode Listen Later Jul 25, 2022 12:17


If there's one thing the White House, economists and basically everyone who thinks about money can agree on, it's that this is going to be a big week for economic news.  — On Tuesday, we get new consumer confidence numbers, a measure which has fallen for two consecutive months. Last month's report showed the Consumer Confidence Index at its lowest level since February 2021 and the Expectations Index — “consumers' short-term outlook for income, business, and labor market conditions,” per the Conference Board — at its lowest level since 2013. — On Wednesday, the Fed will meet and make a decision on just how much to raise interest rates. After the most recent inflation numbers, most observers expect a hike of .75 percentage points. That would be the fourth rate increase this year. — On Thursday, the GDP numbers for the second quarter will drop, and economists expect they'll show a decline of 1% to 2%. It would be the second straight quarter of decline — which is often seen as signaling a recession.  And Playbook's Eugene Daniels chats with POLITICO White House Bureau Chief Jonathan Lemire about his newest book, "The Big Lie." Subscribe to the POLITICO Playbook newsletter Raghu Manavalan is the Host of POLITICO's Playbook. Jenny Ament is the Executive Producer of POLITICO Audio.  

Landaas & Company Money Talk Podcast
Money Talk Podcast, Friday July 22, 2022

Landaas & Company Money Talk Podcast

Play Episode Listen Later Jul 22, 2022 23:20


  Landaas & Company newsletter  July edition now available. Advisors on This Week's Show Brian Kilb Steve Giles Paige Radke (with Max Hoelzl and Joel Dresang, engineered by Jason Scuglik) Week in Review (July 18-22, 2022) Significant economic indicators & reports Monday No major releases Tuesday The U.S. housing market slowed amid rising mortgage rates in June. The annual rates for both housing starts and building permits declined from May, although they both remained above levels just before the pandemic, which were the highest since the Great Recession. A Commerce Department report showed housing under construction reaching an all-time peak for the fourth month in a row after surpassing the record set in 1973. The pace of construction for single-family houses slowed for the second consecutive month. Wednesday The pace of existing home sales slowed for the fifth month in a row in June, though time on the market hit a record low and the median price reached a record high. The National Association of Realtors said the annual sales rate dipped to 5.12 million existing houses, down 5.4% from May and down 14% from June 2021. The trade group blamed the rise in mortgage rates and high prices for discouraging more wannabe home buyers. The median sales price in June hit $416,000, up 13% from the year before and the 124th consecutive year-to-year increase. Meanwhile, houses that sold tended to go fast. The typical house sold in 14 days in June, the quickest in 11 years of data. Thursday Except for one week of no change, the four-week moving average for initial unemployment claims rose for the 15 weeks since hitting an all-time low in early April. The 240,500 average claims were the highest since the beginning of December and 25% above the low just before the pandemic. At the same time, the measure of employers' reluctance to let workers go was 35% below the 55-year average, according to Labor Department data. In the latest week, total claims dropped 3% to 1.3 million, down from 12.6 million the year before. The Conference Board said its index of leading economic indicators “points to a US economic downturn ahead.” The index from the business research group fell 0.8% in June, its fourth consecutive deceleration in growth. The group said consumer pessimism, weaker labor conditions, lower stock prices and softer factory orders sank the June index. Considering high inflation and Fed moves to raise interest rates, the Conference Board downgraded its forecast for real gross domestic product to a 1.7% increase from 2021 (from an earlier projection of 2.3% growth) with a 0.5% rise in 2023 (down from 1.8%). Friday No major announcements MARKET CLOSINGS FOR THE WEEK Nasdaq – 11834, up 382 points or 3.3% Standard & Poor's 500 – 3962, up 99 points or 2.6% Dow Jones Industrial – 31889, up 613 points or 2.0% 10-year U.S. Treasury Note – 2.78%, down 0.15 point Send us a question for our next podcast. Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail.

Leading With Empathy & Allyship
Leading Global Diversity, Equity, & Inclusion With Dr. Rohini Anand

Leading With Empathy & Allyship

Play Episode Listen Later Jul 20, 2022 44:25


In Episode 94, Melinda speaks with Dr. Rohini Anand, Principal & CEO of Rohini Anand LLC and author of Leading Global Diversity, Equity, and Inclusion: A Guide for Systemic Change in Multinational Organizations. Dr. Rohini describes her work to advance DEI across different countries and cultures. She addresses some common missteps that global leaders make when localizing their work and how we can disrupt our own biases and worldview to foster inclusion and cultural competence in the global workplace. She also shares how we can be better allies across global teams by understanding local contexts and bringing outside perspectives to challenge harmful and oppressive practices.About Rohini Anand, Ph.D. (she/her)Dr. Rohini Anand is Founder and CEO of Rohini Anand LLC providing Diversity, Equity and Inclusion (DEI) advisory services to clients in the public and private sectors. She is a strategic business leader and trusted board member who has successfully transformed cultures and built an iconic brand with an enduring reputation, resulting in accelerating new business creation. Rohini is recognized as a pioneer in the DEI field, a thought leader and is a sought- after expert by leaders around the world. She is a published author. Her book, Leading Global Diversity, Equity and Inclusion: A Guide for Systemic Change in Multinational Organizations, has become the go-to resource for DEI professionals and for inclusive leaders.Most recently, Rohini was SVP Corporate Responsibility and Global Chief Diversity Officer for Sodexo. She reported to the Global CEO and was a member of Sodexo's North American Executive Committee. Rohini successfully positioned Sodexo as a global leader in DEI and Corporate Responsibility. Sodexo's remarkable global culture change, led by diversity and inclusion, is featured in a Harvard Business School case study entitled Shifting the Diversity Climate: the Sodexo Solution. She serves on the boards of several organizations, including WomenLift Health, a Gates Foundation initiative, Aspen Institute's Family Prosperity Initiative, Tent Partnership for Refugees, and the Galt Foundation. She also serves on the external diversity advisory boards for Sanofi and for Charter Communications and chairs the Catalyst Board of Advisors. Rohini is a Senior Fellow with the Conference Board and is on the National Association of Corporate Directors (NACD) Center for Inclusive Governance's Advisory Council.To join us for our monthly live event and find educational resources, visit ally.cc.Connect With Dr. Rohini Anand On SocialLinkedIn: https://www.linkedin.com/in/rohinianandFacebook: https://www.facebook.com/leadingglobaldeiTwitter: https://twitter.com/RohiniAnandPhDConnect With Us On SocialYouTube: youtube.com/c/changecatalystTwitter: twitter.com/changecatalystsFacebook: facebook.com/changecatalystsInstagram: instagram.com/techinclusionLinkedIn: linkedin.com/company/changecatalystsProduction TeamCreator & Host: Melinda Briana EplerCo-Producers: Renzo Santos & Christina Swindlehurst ChanCreative Director @ Podcast Rocket: Rob Scheerbarth[Image description: Leading With Empathy & Allyship promo and photos of Dr. Rohini Anand, an Asian American female with short black hair, apple green dress, and emerald-and-olive green beaded necklace; beside her is the grey book cover of Leading Global Diversity, Equity, and Inclusion: A Guide for Systemic Change in Multinational Organizations; and host Melinda Briana Epler, a White woman with red hair, glasses, and orange shirt holding a white mug behind a laptop.]Support the show

Influencers
Single Insights: The Science of Solos

Influencers

Play Episode Listen Later Jul 13, 2022 36:02


In this episode of “Influencers,” Peter McGraw, a marketing professor at the University of Colorado Boulder and an expert on emotions and behavioral economics, talks with Denise Dahlhoff, Senior Researcher at The Conference Board, about his latest research on an underexplored topic: singles. Listen to this episode to learn about: The economic importance of singles and their demographic diversity Marketing to singles, including examples and underleveraged potential Different psychographic segments of singles, including eternal singles and hopeful romantics Opportunities for employers to better target singles

CEO Perspectives
Onshoring with Friends

CEO Perspectives

Play Episode Listen Later Jul 11, 2022 29:05 Very Popular


In this episode of CEO Perspectives, The Conference Board President and CEO Steve Odland sits down with Dr. Lori Esposito Murray, President of the Committee for Economic Development, the public policy center of The Conference Board. They explore the successes and failures of the United States-Mexico-Canada Agreement, or USMCA, which replaced NAFTA in 2020. Tune in to find out: What opportunities exist to leverage USMCA to meet supply chain challenges? Could the three countries become energy independent? Has the agreement been successful, politics aside?

FemTech Focus
Verity Now wants car safety standards to include females - Episode 170

FemTech Focus

Play Episode Listen Later Jul 11, 2022 37:31


Beth A. Brooke, VERITY NOW Co-Chair Beth A. Brooke retired as the Global Vice-Chair – Public Policy at EY and a member of the firm's Global Executive Board. Ms. Brooke had public policy responsibility for the firm's operations in over 150 countries and was the global sponsor for EY's Diversity and Inclusiveness efforts.During the Clinton Administration, she worked in the U.S. Department of the Treasury, where she was responsible for all tax policy matters related to insurance and managed care.  She played important roles in the healthcare reform and Superfund reform efforts.Ms. Brooke serves on the board of The New York Times Company, eHealth, Beta Bionics, Tricolor Holdings, and SHEEX.  She is also a member of the Board of the United States Olympic and Paralympic Committee, the Partnership for Global LGBTI Equality, The Conference Board, The Aspen Institute, and Out Leadership. She is a member of the inaugural class of the Henry Crown Fellows of The Aspen Institute, the Committee of 200, and the International Women's Forum. Ms. Brooke is a prominent voice around the world on Diversity and Inclusion, including most prominently on LGBT inclusion and women. She has been named eleven times to the list of Forbes “World's 100 Most Powerful Women“. In 2017, she received the Theodore Roosevelt Award, the top individual honor bestowed by the U.S. National Collegiate Athletic Association (NCAA).  She has also been inducted into the Indiana Basketball Hall of Fame.Company bioIn the United States, women are over 17 percent more likely to die and 73 percent more likely to be seriously injured in a vehicle crash than men. VERITY (Vehicle Equity Rules in Transportation) NOW unites people to fight for equality in vehicle safety by educating on, and advocating for, crash testing standards that protect men and women equally to make cars safer for all.Connect:Twitter: @BethBrooke_EYTwitter: @Veritynow_LinkedIn: Beth A. BrookeLinkedIn: VERITY NowFacebook: VERITY Now Coalition

Americana Partners
Stay Invested - June 2022 Market Commentary

Americana Partners

Play Episode Listen Later Jul 6, 2022 43:18


Melissa Giles, Director of Portfolio Management with Americana Partners presents the Monthly Market Commentary as written by, David M Darst, Chief Investment Officer with Americana Partners.  Any charts/graphs referenced are available in print format and may be provided at your request. David is currently the Chief Investment Officer for Americana Partners. David served for 17 years as a Managing Director and Chief Investment Strategist of Morgan Stanley Wealth Management, with responsibility for Asset Allocation and Investment Strategy; was the founding President of the Morgan Stanley Investment Group; and was founding Chairman of the Morgan Stanley Wealth Management Asset Allocation Committee. After 2014, he served for several years as Senior Advisor to and a member of the Morgan Stanley Wealth Management Global Investment Committee. He joined Morgan Stanley in 1996 from Goldman Sachs, where he held Senior Management posts within the Equities Division and earlier, for six years as Resident Manager of their Private Bank in Zurich. David is the Author of twelve books: (i) The Complete Bond Book (McGraw-Hill); (ii) The Handbook of the Bond and Money Markets (McGraw-Hill); (iii) The Art of Asset Allocation, Second Edition (McGraw-Hill); (iv) Mastering the Art of Asset Allocation (McGraw-Hill); (v) Benjamin Graham on Investing (McGraw-Hill); (vi) The Little Book that Saves Your Assets (John Wiley & Sons), which was ranked on the bestseller lists of The New York Times and Business Week; (vii) Portfolio Investment Opportunities in China (John Wiley & Sons); and (x) Portfolio Investment Opportunities in Precious Metals (John Wiley & Sons). His works have been translated into Chinese, Japanese, Russian, German, Korean, Italian, Indonesian, Norwegian, Romanian, and Vietnamese. Seapoint Books published David's eleventh book in 2012 , Voyager 3, containing his creative writing, and in 2016, his twelfth book, Flim-Flam Flora, a children's book coauthored with his daughter. David appears as a frequent guest on CNBC, Bloomberg, FOX, PBS, and other television channels, and has contributed numerous articles to Barron's Euromoney, The Money Manager, Forbes.com, The Yale Economic Review, and other publications. He has broadcast and written extensively on asset allocation in the Morgan Stanley biweekly Investment Strategy and Asset Allocation Commentary and in the Firm's Wealth Management monthly publication, Asset Allocation and Investment Strategy Digest, the predecessors of which he launched in 1997. David attended Father Ryan High School in Nashville, Tennessee, graduated from Phillips Exeter Academy, was awarded a BA degree in Economics from Yale University, and earned his MBA from Harvard Business School. David serves on the Investment Committee of the Phi Beta Kappa Foundation and the Advisory Boards of the George Washington Institute for Religious Freedom and the Black Rock Arts Foundation. David has lectured extensively at Wharton, Columbia, INSEAD, and New York University Business Schools, and for nine years, David served as a visiting faculty member at Yale College, Yale School of Management, and Harvard Business School. In November 2011, David was inducted by Quinnipiac University in their Business Leaders Hall of Fame. David is a CFA Charterholder and a member of the New York Society of Security Analysts and the CFA Institute. Join Our Distribution List – For a full copy of our report. Americana Partners - https://www.americanapartners.com/contact/ Americana Partners Website - https://www.americanapartners.com/ Linked In - https://www.linkedin.com/company/americana-partners/ Spotify - https://open.spotify.com/show/3rX19ND89pwEob9efsFNNF iTunes - https://podcasts.apple.com/us/podcast/americana-partners/id1496186853 Google Podcasts - https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZGJlYW4uY29tL2FtZXJpY2FuYXBhcnRuZXJzL2ZlZWQueG1s?sa=X&ved=0CAYQrrcFahcKEwj4gZrR_OnwAhUAAAAAHQAAAAAQAg   Disclosures Americana Partners, LLC is registered as an investment adviser with the SEC. The firm only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment adviser does not constitute an endorsement of the firm by securities regulators nor does it indicate that the adviser has attained a particular level of skill or ability. A copy of Americana Partners' current written disclosure brochure filed with the SEC which discusses among other things, Americana Partners' business practices, services and fees, is available through the SEC's website at: www.adviserinfo.sec.gov. The tax and legal information contained in this newsletter is general in nature. It should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation. Foreign securities, foreign currencies, and securities issued by U.S. entities with substantial foreign operations can involve additional risks relating to political, economic, or regulatory conditions in foreign countries. These risks include fluctuations in foreign currencies; withholding or other taxes; trading, settlement, custodial, and other operational risks; and less stringent investor protection and disclosure standards in some foreign markets. All of these factors can make foreign investments, especially those in emerging markets, more volatile and potentially less liquid than U.S. investments. In addition, foreign markets can perform differently from the U.S. market. Investing involves certain risks, including possible loss of principal. You should understand and carefully consider a strategy's objectives, risks, fees, expenses and other information before investing. The views expressed in this commentary are subject to change and are not intended to be a recommendation or investment advice. Such views do not take into account the individual financial circumstances or objectives of any investor that receives them. The strategies described herein may not be suitable for all investors. There is no guarantee that the adviser will meet any of its investment objectives. All indices are unmanaged and are not available for direct investment. Indices do not incur costs including the payment of transaction costs, fees and other expenses. This information should not be considered a solicitation or an offer to provide any service in any jurisdiction where it would be unlawful to do so under the laws of that jurisdiction. Past performance is no guarantee of future results. It is not possible to invest directly in an index. Exposure to an asset class represented by an index is available through investable instruments based on that index. The S&P 500® Index is a widely recognized, unmanaged index of 500 common stocks which are generally representative of the U.S. stock market as a whole. The Nasdaq Composite® Index is the market capitalization-weighted index of over 2,500 common equities listed on the Nasdaq stock exchange. The types of securities in the index include American depositary receipts, common stocks, real estate investment trusts (REITs) and tracking stocks, as well as limited partnership interests. The EAFE® Index is a stock index offered by MSCI that covers non-U.S. and Canadian equity markets. It serves as a performance benchmark for the major international equity markets as represented by 21 major MSCI indices from Europe, Australasia, and the Middle East. The EAFE® Index is the oldest international stock index and is commonly called the MSCI EAFE Index. The Russell 2500® is a market-cap-weighted index that includes the smallest 2,500 companies covered in the broad-based Russell 3000 sphere of United States-based listed equities. All 2,500 of the companies included in the Index cover the small- and mid-cap market capitalizations. The Russell 1000® Growth Index is an unmanaged index that measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® Index companies with higher price-to-book ratios and higher forecasted growth values. The CBOE Volatility Index (VIX) is a measure of expected price fluctuations in the S&P 500 Index options over the next 30 days. The VIX is calculated in real time by the Chicago Board Options Exchange (CBOE). P/E or Price to Earnings ratio is indicates the dollar amount an investor can expect to invest in a company in order to receive one dollar of that company's earnings. The Consumer Confidence Survey® reflects prevailing business conditions and likely developments for the months ahead. The Manufacturing Business Outlook Survey is a monthly survey of manufacturers in the Third Federal Reserve District; Participants indicate the direction of change in overall business activity and in the various measures of activity at their plants: employment, working hours, new and unfilled orders, shipments, inventories, delivery times, prices paid, and prices received. The ISM manufacturing index, also known as the purchasing managers' index (PMI), is a monthly indicator of U.S. economic activity based on a survey of purchasing managers at more than 300 manufacturing firms. The Composite Index of Leading Indicators, otherwise known as the Leading Economic Index (LEI), is an index published monthly by The Conference Board. It is used to predict the direction of global economic movements in future months. A bond rating is a letter-based credit scoring scheme used to judge the quality and creditworthiness of a bond. The option adjusted spread (OAS) measures the difference in yield between a bond with an embedded option, such as an MBS or callables, with the yield on Treasuries. Mean reversion, in finance, suggests that various phenomena of interest such as asset prices and volatility of returns eventually revert to their long-term average levels. A meme stock is a security that has seen an increase in trading volume after going viral on social media or an online forum. This document may contain forward-looking statements relating to the objectives, opportunities, and the future performance of the U.S. market generally. Forward looking statements may be identified by the use of such words as; “believe,” “expect,”“anticipate,”“should,”“planned,”“estimated,”“potential”and other similar terms. Examples of forward-looking statements include, but are not limited to, estimates with respect to financial condition, results of operations, and success or lack of success of any particular investment strategy. All are subject to various factors, including, but not limited to general and local economic conditions, changing levels of competition within certain industries and markets, changes in interest rates, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors affecting a portfolio' operations that could cause actual results to differ materially from projected results. Such statements are forward-looking in nature and involve a number of known and unknown risks, uncertainties and other factors, and accordingly, actual results may differ materially from those reflected or contemplated in such forward-looking statements. Prospective investors are cautioned not to place undue reliance on any forward looking statements or examples. This material is proprietary and may not be reproduced, transferred, modified or distributed in any form without prior written permission from Americana Partners. Americana Partners reserves the right, at any time and without notice, to amend, or cease publication of the information contained herein. Certain of the information contained herein has been obtained from third-party sources and has not been independently verified. It is made available on an "as is" basis without warranty. Any strategies or investment programs described in this presentation are provided for educational purposes only and are not necessarily indicative of securities offered for sale or private placement offerings available to any investor. The mention of any individual security should not be construed as a recommendation to buy or sell that security.