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The Greatest Missed Opportunity of Our Lifetimes

Barry Ritholtz

As the Peterson Institute noted: In June, the Congressional Budget Office (CBO) projected that annual net interest costs would total $663 billion in 2023 and almost double over the upcoming decade, soaring from $745 billion in 2024 to $1.4 Note that this is not hindsight bias , but rather discussions we had repeatedly here in the mid-2010s.

Treasury 131
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Balancing the RPA Value Equation: A CFO Perspective

Future CFO

He noted that because cost is a hurdle, it then becomes difficult to get the budget. The math is obvious. One delegate note that for the moment, the automation afford by the ERP system is sufficient. Jargons are not helping, said Steven Ho , finance director at TVS Asianics. Scaling – the RPA problem no one talks about.

CFO 52
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You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?

CFO News Room

Take, for example, how the Fed views statistics, such as employment numbers, when it’s thinking about inflation or raising rates so quickly, which is really constraining to people on an actual budget facing other inflationary pressures, and, by the way, not actually doing anything about inflation. That’s just the math.

Banking 100
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Transcript: Ted Seides

Barry Ritholtz

And what’s their budget like a fraction of it, right? So you go back a couple of years and you could say, “Well, what return is available buying a treasury?” ” And it turned out, if you looked at the market at that time, it was, I’ll call it 1%, five-year treasury or 10-year treasury.

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The Latest In Financial #AdvisorTech (December 2022)

CFO News Room

As ultimately, very few human beings can effectively do compound math in their head, to figure out the cumulative impact of years or decades of a change in savings, investing, or other financial behaviors, on their long-term wealth.

Planning 130
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Transcript: Gary Cohn

Barry Ritholtz

You’re doing a lot of math in your head on the Fly. I’m doing, I’m doing an awful lot of math in my head on the fly. Hank Paulson had left to go become treasury secretary. There’s ways around that during reconciliation for budget bills and things like that. I said, treasury can.

Marketing 107