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10 Tuesday AM Reads

Barry Ritholtz

There’s new evidence that market timing doesn’t work. New York Times ) see also The “Art” of Market Timing : Market timing is extremely difficult, very few people (if any) do it consistently well. New York Times ) see also Wages are rising. New York Times ) see also Wages are rising. Jobs are plentiful.

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Cyber Threats To Client Wealth And Well-Being: Why And How Wealth Managers Will Soon Play A Key Role In Managing These Risks

Nerd's Eye View

Risk management is a key part of many financial advisors’ value propositions. For instance, ensuring clients maintain the proper insurance coverage based on their needs is an important part of the financial planning process. At the same time, clients face another class of risks that advisors often do not consider: cyber.

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10 Weekend Reads

Barry Ritholtz

New York Times ) • How creators became an economic juggernaut and the new American Dream : Millions have ditched traditional career paths to work as online creators and content-makers, using their computers and phones to amass followers and build businesses whose influence now rivals the biggest names in entertainment, news and politics.

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Pakistan Launches Payment System To Boost Financial Inclusion

PYMNTS

Pakistan has debuted a government-run instant digital payment system to help with financial inclusion and government revenue, Reuters reports. Payments for nationwide financial support programs, like the Benazir Income Support Programme and the Ehsaas Emergency Cash programme , can also be made through Raast, Reuters reports.

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Today In Payments: Biden Expected To Name Michael Barr To Head OCC; Biden’s Treasury Pick Yellen Leary Of Crypto

PYMNTS

Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger handed in her resignation Wednesday (Jan. Auto Lenders Use AI To Drive Safer Real-Time Disbursements. COVID-19’s Price Tag Leaves Large Hospitals At Financial Risk. Biden Asks Consumer Protection Chief Kraninger To Step Down. 20) at the request of U.S.

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Effective Accounting Beyond Your Average Bookkeeper

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When a business enjoys increased growth, certain tasks can suddenly feel more time-consuming than ever before. One secret to long-term business success is effective time management. When business owners and teams have strong time management skills, more work is completed in a shorter amount of time.

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A Corporate Finance Approach To High-Net-Worth Individuals

PYMNTS

The financial services space often encounters the conundrum of trying to fit a square peg in a round hole. As this population grows, so do the hurdles these individuals and their family offices face in financial management. ” Cash flow visibility is also a critical component of family office financial management.