Dr. David Edward Marcinko MBA MEd CMP™

***

***

U.S. Markets will be closed for Martin Luther King Jr. Day this Monday

The U.S. Markets will be closed on Monday, January 20th, 2025. Please be aware that, when making transactions after 4 p.m. EST on Friday, January 17th, 2025, you will receive the closing price as of Tuesday, January 21st 2025.

Martin Luther King Jr. Day is observed in the United States on the third Monday of January. This year coincides with the inauguration of President-elect Donald Trump.

Banks and government offices

Martin Luther King Jr. Day is a federal holiday, which means banks will be closed and government services as well, such as city offices, animal services, administrative offices of the police department, and administrative offices of fire department.

The U.S. Postal Service will not operate on Monday, along with other shipping services.

Refer and Subscribe

***

***

Filed under: "Ask-an-Advisor", Ethics, Events-Planner, LifeStyle, Touring with Marcinko | Tagged: bond markets, Donald Trump, inauguration day, Marcinko, markets, markets closed, Martin Luther King, MLK, MLK Day, postal service, stock markets, USPS | Leave a comment »

BLACKED OUT: Tik-Tok Down

Posted on January 19, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

BREAKING NEWS!

By Staff Reporters

***

***

Sorry, TikTok isn’t available right now

A law banning TikTok has been enacted in the U.S. Unfortunately, that means you can’t use TikTok for now.

We are fortunate that President Trump has indicated that he will work with us on a solution to reinstate TikTok once he takes office. Please stay tuned!

In the meantime, you can still log in to download your data.

COMMENTS APPRECIATED

Refer and Subscribe

***

Filed under: "Ask-an-Advisor", Breaking News, Ethics, Glossary Terms, Information Technology, LifeStyle | Tagged: ByteDance, China, China tiktok, Donald Trump, TikTok, tiktok down, US tiktok | Leave a comment »

MBBS versus MD Degree

Posted on January 19, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

POPULAR MEDICAL DEFINITIONS

By Staff Reporters

***

***

MBBS Degree [Bachelor of Medicine, Bachelor of Surgery]

The MBBS is usually a five-year undergraduate degree that medical students complete when they want to become doctors. However, some programs take six years to complete because the institution expects you to earn a Bachelor of Science (BSc) in your training.

By the time a student applies to a medical program, they have likely taken several foundational science courses as part of their high school (or secondary) education. For example, medical applicants in the United Kingdom are often expected to show high scores on their General Certificate of Secondary Education (GCSE) and A-levels.

Earning an MBBS means that students are certified to care for patients as junior physicians without specialized training. Graduates are expected to complete two years of additional training, which rotates them through different specialties. Once they identify a specialty they like, they can apply for additional training, which can take anywhere between three and eight years.

MD Degree [Doctor of Medicine]

The acronym “MD” stands for the Latin term “Medicinae Doctor,” which translates to “Doctor of Medicine” in English.

It refers to the title that students from the United States of America obtain after finishing medical school. Some countries consider the “MD” title a postgraduate doctoral degree that MBBS graduates can obtain with additional years of training.

MORE: https://medicalschoolexpert.co.uk/medical-degrees-explained/

COMMENTS APPRECIATED

Refer and Subscribe

***

***

Filed under: "Doctors Only", Career Development, Drugs and Pharma, Glossary Terms, Health Law & Policy, iMBA, iMBA, Inc., Marcinko Associates | Tagged: Bachelor of Medicine, Bachelor of Surgery, doctor of medicine, education, health, healthcare, Marcinko, mbbs, MD, medical degrees, medical doctor, medical education, medical school, Medicinae Doctor, medicine | Leave a comment »

EMBRACING Stock Market Stoicism

Posted on January 19, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Vitaliy Katsenelson CFA

***

***

Embracing Stock Market Stoicism

2024 brought me back to a core Stoic principle that I hold close to my heart: the dichotomy of control. Here’s the gist: Some things are within our power—our values, our character, our decisions—and some aren’t—like your brother-in-law’s random (and possibly dumb) comment, your spouse’s mood, or the fact that every traffic light turns red right as you pull up.

In investing, it’s the same. We can control:

The quality of our research—being logical and thorough in our research
Our decisions and discipline—systematically following our research
Our reactions—how we react to the news and external environmental pressure (I will discuss this at the end of the letter)

The market can price our stocks however it pleases on a month-to-month—or even year-to-year—basis. That’s the part we can’t control. We have to remember that these market prices are merely opinions, not final verdicts. The Stoics teach us to focus our energy on what we can influence (our process) and accept what we can’t (the market’s whims).

This probably sounds straightforward, but there’s a twist that makes it harder for you, the client, to see how this all plays out in real time. You can easily check the portfolio’s value—my decisions, not so much. In theory, I could make subpar investments and hide behind fancy Stoic talk.

That’s exactly the why of these very detailed letters: to show you our thinking, walk you through our individual decisions. I write, you read—that’s our agreement. You’re the judge of whether my process makes sense. But I can’t do that part for you.

CONTINUE READING: https://investor.fm/embracing-stock-market-stoicism/?mc_cid=25f3bd9eb4&mc_eid=7a63a03234

COMMENTS APPRECIATED

Like, Refer and Subscribe

***

Filed under: "Ask-an-Advisor", CMP Program, Experts Invited, Financial Planning, Funding Basics, Interviews, Investing | Tagged: mindfulness, personal-growth, philosophy, stock market stoicism, stock markets, stoic, stoicism, value investing, Vitaliy Katsenelson CFA | Leave a comment »

CPA versus CMA

Posted on January 18, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

Certified Public Accountant VERSUS Certified Managerial Accountant

By Staff Reporters

***

***

The CPA and CMA designations cater to distinct professional focuses within the accounting and finance fields. A CPA is often seen as the gold standard for public accounting, emphasizing auditing, tax, and regulatory compliance. This certification is highly regarded for roles that require a deep understanding of financial reporting and external auditing. CPAs are frequently employed by public accounting firms, government agencies, and corporations that need to ensure their financial statements adhere to strict regulatory standards.

On the other hand, the CMA designation is tailored for professionals who aim to excel in management accounting and strategic financial management. CMAs are trained to analyze financial data to inform business decisions, focusing on internal processes and performance management. This makes the CMA particularly valuable for roles in corporate finance, strategic planning, and management consulting. Companies looking to optimize their internal financial operations and drive business strategy often seek out CMAs for their expertise in cost management, budgeting, and financial analysis.

The educational and experiential requirements for these certifications also differ. To become a CPA, candidates typically need to complete 150 semester hours of college education, which often includes a bachelor’s degree in accounting or a related field. Additionally, CPAs must pass the Uniform CPA Examination and meet specific state licensing requirements, which usually include a certain amount of professional experience.

In contrast, the CMA certification requires a bachelor’s degree in any discipline, two years of relevant work experience, and passing the two-part CMA exam. This flexibility in educational background can make the CMA more accessible to a broader range of professionals.

MORE: https://www.becker.com/blog/cpa/cma-vs-cpa-the-difference-between-cpa-and-cma

COMMENTS APPRECIATED

Refer and Subscribe

***

***

Filed under: "Ask-an-Advisor", Accounting, Career Development, Experts Invited, Glossary Terms, iMBA, Inc., Taxation | Tagged: Accounting, Becker, business, Carrie Thompson Mick, Certified Managerial Accountant, certified public accountant, CMA, CPA, CPA versus CMA, finance, Taxation | Leave a comment »

ICE and Bank of America [BoA] Indices

Posted on January 18, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

The ICE 3-Month USD LIBOR interest rate is the average interest rate at which a selection of banks in London are prepared to lend to one another in American dollars with a maturity of 3 months.

The Bank of America US High Yield Constrained Index is a market value-weighted index of all domestic high-yield bonds and Yankee high-yield bonds (issued by a foreign entity and denominated in U.S. dollars), including deferred interest bonds and payment-in-kind securities.

The ICE BofA BB-B US High Yield Constrained Index is composed of U.S. dollar-denominated corporate debt publicly issued in the U.S. market rated BB through B, based on an average of Moody’s, S&P and Fitch ratings, with issuer exposure capped at 2%.

ICE BofA U.S. Convertible Index tracks the performance of publicly issued, exchange-listed US dollar denominated convertible securities of US companies with at least $50 million face amount outstanding and at least one month remaining to the final conversion date. Index constituents are market capitalization-weighted and rebalanced monthly.

ICE BofA ML MOVE Index is a widely used measure of bond market volatility, similar to the VIX Index for stocks. The MOVE Index (also known as the Merrill Lynch Option Volatility Estimate) is a yield-curve-weighted index that tracks the market’s expectation of volatility in the U.S. bond market based on 1-month Treasury options.

ICE Exchange-Listed Preferred & Hybrid Securities Index tracks the performance of exchange-listed US dollar denominated hybrid debt, preferred stock and convertible preferred stock publicly issued by corporations in the US domestic market. Preferred stock and notes must have a minimum amount outstanding of $100 million; convertible preferred stock must have at least $50 million face amount outstanding. Index constituents are market capitalization-weighted subject to certain constraints. The index is re-balanced monthly.

COMMENTS APPRECIATED

Subscribe and Like

***

Filed under: Accounting, Experts Invited, Financial Planning, Funding Basics, Glossary Terms, Investing, Marcinko Associates, Taxation | Tagged: Bank of America, BoA, BoA Indices, convertible index, DJIA, DOW, finance, ICE, ICE Indices, Investing, investment, Libor, Marcinko, Merrill Lynch, ML, ML MOVE, Moody's, S&P, stock, stocks, USD | Leave a comment »

DAILY UPDATE: TikToc, Walgreens & Hindenburg Research All Down as Markets Blast Off

Posted on January 18, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

MEDICAL EXECUTIVE-POST – TODAY’S NEWSLETTER BRIEFING

***

Essays, Opinions and Curated News in Health Economics, Investing, Business, Management and Financial Planning for Physician Entrepreneurs and their Savvy Advisors and Consultants

“Serving Almost One Million Doctors, Financial Advisors and Medical Management Consultants Daily“

A Partner of the Institute of Medical Business Advisors , Inc.

SPONSORED BY: Marcinko & Associates, Inc.

***

Daily Update Provided By Staff Reporters Since 2007.
How May We Serve You?

REFER A COLLEAGUE: MarcinkoAdvisors@outlook.com

SPONSORSHIPS AVAILABLE: https://medicalexecutivepost.com/sponsors/

ADVERTISE ON THE ME-P: https://tinyurl.com/ytb5955z

Your Referral Count -0-

WASHINGTON — The US Supreme Court on Friday delivered a blow to TikTok by upholding a law that could potentially lead to the video-sharing social media platform being banned in the United States. The justices in an unsigned opinion with no dissents rejected a free speech challenge filed by the company, meaning the law is set to go into effect on Sunday as planned. The bipartisan law requires China-based TikTok owner ByteDance to divest itself of the company by Sunday, the day before President-elect Donald Trump is to take office. If no sale takes place, the platform used by millions of Americans will in theory be banned.

Legendary short seller Nate Anderson announced this week that he is shutting down his firm, Hindenburg Research, due to extreme job stress. With only 11 employees, Anderson took gargantuan swings at companies—and their billionaire leaders. Hindenburg published deeply researched reports about companies it believed were overvalued and rife with corruption. It got its big break when it shorted electric truck-maker Nikola in 2020, calling the company an “intricate fraud.” Regulators took note, and it led to three fraud convictions for Nikola founder Trevor Milton.

CITE: https://tinyurl.com/2h47urt5

US stocks jumped on Friday amid a tech stock revival as investors assessed a week of key data and earnings reports alongside potential policy shifts under a Trump administration.

The Dow Jones Industrial Average (^DJI) gained 0.8% while the S&P 500 (^GSPC) rose 1%, coming off a losing day for the major gauges. The tech-heavy NASDAQ Composite (^IXIC) put on 1.5% as Nvidia (NVDA) and Tesla (TSLA) shares nudged back into the green.

The US Department of Justice (DOJ) filed a lawsuit against Walgreens (WBA), one of the nation’s largest pharmacy chains, alleging widespread prescription drug practice violations. According to the DOJ, Walgreens improperly dispensed millions of prescriptions from August 2012 to the present day that either lacked “legitimate medical purpose” or were otherwise invalid.

COMMENTS APPRECIATED

PLEASE SUBSCRIBE: MarcinkoAdvisors@outlook.com

Thank You

***

EDUCATIONAL TEXTBOOKS: https://tinyurl.com/4zdxuuwf

***

Filed under: "Advisors Only", "Ask-an-Advisor", "Doctors Only", Drugs and Pharma, Ethics, Experts Invited, Financial Advisor Listings, Financial Planning, Funding Basics, Glossary Terms, Health Economics, Health Insurance, Health Law & Policy, Information Technology, Investing, Marcinko Associates, Sponsors | Tagged: business, ByteDance, DJIA, DOJ, DOW, Drugs, finance, free speech, FTC, health, Hindenburg Research, Investing, Marcinko, NASA, NASDAQ, Nate Anderson, Nikola, Nvidia, PBMs, S&P 500, Tesla, textbooks, TikToc, TNX, Trevor Milton, VIX, Walgreen's, walgreens, WSJ | Leave a comment »

PREMATURE CLOSURE: Cognitive Bias

Posted on January 17, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

Premature Closure is the tendency to make quick, decisive judgments without considering all the evidence. It’s like jumping to conclusions on a trampoline – fast and often wrong. Our brains crave certainty and dislike ambiguity, leading us to close the case prematurely. This can save time but often results in mistakes and oversights. To avoid premature closure, take a step back, gather more information, and keep an open mind about this cognitive bias.

And so, colleague Dan Ariely PhD suggests that we remember: haste makes waste, especially in decision-making.

COMMENTS APPRECIATED

Like and Subscribe

***

Filed under: Ethics, Experts Invited, Glossary Terms, LifeStyle, mental health | Tagged: bias, closure, cognitive bias, Dan Areily PhD, haste, mental health, prematire closure, premature, waste | Leave a comment »

BLOOMBERG: U.S. Universal Index

Posted on January 17, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

The Bloomberg U.S. Universal Index represents the union of the U.S. Aggregate Index, U.S. Corporate High Yield Index, Investment Grade 144A Index, Eurodollar Index, U.S. Emerging Markets Index, and the non-ERISA eligible portion of the CMBS Index.

The index covers USD-denominated, taxable bonds that are rated either investment grade or high-yield. Some Bloomberg U.S. Universal Index constituents may be eligible for one or more of its contributing sub-components that are not mutually exclusive. These securities are not double-counted in the index.

The Bloomberg U.S. Universal Index was created on January 1st, 1999, with index history back-filled to January 1st, 1990.

COMMENTS APPRECIATED

Like and Subscribe

***

Filed under: Accounting, Experts Invited, Financial Planning, Funding Basics, Glossary Terms, iMBA, Inc., Investing, Touring with Marcinko | Tagged: Bloomberg, Bloomberg U.S. Universal Index, bonds, emerging market index, Marcinko, taxable bonds, Universal Index | Leave a comment »

DAILY UPDATE: PBM Mark-Ups as Stocks Waiver

Posted on January 17, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

MEDICAL EXECUTIVE-POST – TODAY’S NEWSLETTER BRIEFING

***

Essays, Opinions and Curated News in Health Economics, Investing, Business, Management and Financial Planning for Physician Entrepreneurs and their Savvy Advisors and Consultants

“Serving Almost One Million Doctors, Financial Advisors and Medical Management Consultants Daily“

A Partner of the Institute of Medical Business Advisors , Inc.

SPONSORED BY: Marcinko & Associates, Inc.

***

Daily Update Provided By Staff Reporters Since 2007.
How May We Serve You?

REFER A COLLEAGUE: MarcinkoAdvisors@outlook.com

SPONSORSHIPS AVAILABLE: https://medicalexecutivepost.com/sponsors/

ADVERTISE ON THE ME-P: https://tinyurl.com/ytb5955z

Your Referral Count -0-

The FTC’s second interim staff report on consolidated pharmacy benefit managers (PBMs) found that the three largest of these middlemen—CVS Health’s Caremark Rx, Cigna Group’s Express Scripts, and UnitedHealth Group’s OptumRx—”marked up two specialty generic cancer drugs by thousands of percent and then paid their affiliated pharmacies hundreds of millions of dollars of dispensing revenue in excess of estimated acquisition costs for each drug annually.”

CITE: https://tinyurl.com/2h47urt5

The S&P 500 fell 0.2%. The NASDAQ 100 lost 0.7%. The Dow Jones Industrial Average slid 0.2%. A gauge of the “Magnificent Seven” megacaps slipped 1.9%. The Russell 2000 added 0.2%. The KBW Bank Index declined 0.2%.

The yield on 10-year Treasuries declined four basis points to 4.61%. The Bloomberg Dollar Spot Index rose 0.1%.

Visualize: How private equity tangled banks in a web of debt, from the Financial Times.

COMMENTS APPRECIATED

PLEASE SUBSCRIBE: MarcinkoAdvisors@outlook.com

Thank You

***

EDUCATIONAL TEXTBOOKS: https://tinyurl.com/4zdxuuwf

***

Filed under: Drugs and Pharma, Ethics, Information Technology, Investing, Marcinko Associates, Recommended Books, Sponsors | Tagged: Caremark Rx, Cigna, Cigna Express Scripts, DJIA, DOW, drug mark ups, FTC, generic drugs, healthcare, Marcinko, NASA, NASDAQ, OptumRx, PBM, PBMs, S&P 500, textbooks, TNX, UnitedHealth, VIX, WSJ | Leave a comment »

COGNITIVE Dissonance

Posted on January 16, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

Cognitive Dissonance is the discomfort experienced when holding conflicting cognitions, like believing in healthy eating while munching on a donut. It’s a mental tug-of-war that makes us squirm.

To reduce this discomfort, we often change our beliefs or behaviors to align them. This is why smokers might downplay the health risks of smoking. Understanding cognitive dissonance helps us recognize these mental gymnastics and strive for consistency in our beliefs and actions.

So, according to colleague Dan Ariely PhD, the next time you feel that mental itch, it’s cognitive dissonance asking for some resolution.

COMMENTS APPRECIATED

Refer and Subscribe

***

Filed under: Ethics, Glossary Terms, LifeStyle, mental health, Quality Initiatives | Tagged: cognitive dissonance, confliction, Dan Ariely PhD, mental health | Leave a comment »

HFR INVESTMENTS: Two Indices

Posted on January 16, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

HFRX Equity Hedge Index serves as a daily-priced proxy for alternative strategies that maintain positions long and short, primarily in equity and equity derivative securities.

HFRX Fixed Income – Credit Index serves as a daily-priced proxy for alternative strategies that provide exposure to credit strategies. Credit strategies refers to a wide range of sub-strategies and may include corporate, sovereign, distressed, asset-backed, capital structure arbitrage, and other relative value approaches. Strategies may also include and utilize equity securities, credit derivatives, commodities, or currencies.

COMMENTS APPRECIATED

Subscribe and Refer

***

Filed under: "Ask-an-Advisor", Accounting, Financial Planning, Funding Basics, Glossary Terms, Investing, Research & Development, Sponsors, Taxation, Touring with Marcinko | Tagged: HFR, HFR credit index, HFR hedge fund index, HFR index, HFR investments, HFRX Credit index, HFRX Hedge Index, HFRX index, HFRX indices, investments, Marcinko | Leave a comment »

JUNK: Rally Back?

Posted on January 16, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

https://www.amazon.com/Comprehensive-Financial-Planning-Strategies-Advisors/dp/1482240289/ref=sr_1_1?ie=UTF8&qid=1418580820&sr=8-1&keywords=david+marcinko

***

***

A Junk Rally is a general trend of out performance by companies that tend to score poorly along several dimensions, such as price-to-earnings (P/E) ratios, return on assets (ROA), balance sheet strength, levels of debt and volatility.

COMMENTS APPRECIATED

Refer and Subscribe

***

***

Filed under: "Advisors Only", Experts Invited, Funding Basics, Glossary Terms, iMBA, Inc., Investing | Tagged: investor's edge, junk rally, P/E, price earnings raio, return on assets, ROA | Leave a comment »

DAILY UPDATE: Capital One, CPI and Medicare as Wall Street Blasts Off

Posted on January 16, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

MEDICAL EXECUTIVE-POST – TODAY’S NEWSLETTER BRIEFING

***

Essays, Opinions and Curated News in Health Economics, Investing, Business, Management and Financial Planning for Physician Entrepreneurs and their Savvy Advisors and Consultants

“Serving Almost One Million Doctors, Financial Advisors and Medical Management Consultants Daily“

A Partner of the Institute of Medical Business Advisors , Inc.

SPONSORED BY: Marcinko & Associates, Inc.

***

Daily Update Provided By Staff Reporters Since 2007.
How May We Serve You?

REFER A COLLEAGUE: MarcinkoAdvisors@outlook.com

SPONSORSHIPS AVAILABLE: https://medicalexecutivepost.com/sponsors/

ADVERTISE ON THE ME-P: https://tinyurl.com/ytb5955z

Your Referral Count -0-

The U.S. Department of Labor reported a 0.4% increase in the monthly CPI after seasonal adjustment, overshooting the forecast of 0.3% and the previous value of 0.3%. On an annual basis, inflation climbed to 2.9%, up from 2.7% in November, the highest rate since July 2024.

US stocks ripped higher on Wednesday as high hopes for bank earnings paid off and a crucial consumer inflation update showed key prices increased less than expected in December.

The benchmark S&P 500 (^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average (^DJI) rose more than 1.6%, or over 700 points. Meanwhile, the tech-heavy NASDAQ Composite (^IXIC) soared 2.5%.

Stocks took a leg higher after the Consumer Price Index (CPI) showed progress toward the Fed’s 2% inflation target in December. Prices climbed 0.2% month-on-month on a “core” basis, which strips out the more volatile costs of food and gas, an easing from November’s 0.3% gain. Over last year, core CPI rose 3.2%.

CITE: https://tinyurl.com/2h47urt5

Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying more than $2 billion in interest to holders of its high-interest savings accounts.

https://www.amazon.com/Management-Liability-Insurance-Protection-Strategies/dp/1498725988/ref=sr_1_4?crid=WGQTK173NL61u0026amp;dib=eyJ2IjoiMSJ9.TkO1RqIf212Hwv-B2Jq0UtgasYxj43yVN7D6XjFbWUGGZy4BIBbctynJFkZb6u1FgHatEvLLOl8IdayBfhujCcH6F7XhJILybk5eK6UbWwyVJ30FwEAyZDXwiryrDSt4GmcP7_A73h6TUkGieC6eA8RUbb27i3N6xKq78S5IF48G2V9mTdCxa8MppvUmnShhSXZWdzizmzhqVbBTj9rKiF9cKPngOvMkvcwv2IApGfo.-VDRTYahFyo73P4j17zY9H8uRAAoqThuJS3xm_My-LYu0026amp;dib_tag=seu0026amp;keywords=david+marcinko+risku0026amp;qid=1712761229u0026amp;sprefix=david+marcinko+risk%2Caps%2C135u0026amp;sr=8-4

As of January 1st 2025, beneficiaries enrolled in Part D prescription drug plans will have their out-of-pocket spending capped at $2,000 for the year. This new policy was part of President Joe Biden’s 2022 Inflation Reduction Act (IRA), which included other drug pricing measures such as capping the cost of insulin at $35 per month for seniors.

But only a small share of Medicare enrollees will benefit from the cap, according to an analysis from nonprofit organization AARP’s Public Policy Institute, as most don’t spend more than $2,000 annually on their medications after hitting their deductible (which is up to $590 for standard plans in 2025). Beneficiaries spent an average of $400 to $500 per year as of 2022, the Hill reported, citing data from the US Department of Health and Human Services (HHS).

COMMENTS APPRECIATED

PLEASE SUBSCRIBE: MarcinkoAdvisors@outlook.com

Thank You

***

***

EDUCATIONAL TEXTBOOKS: https://tinyurl.com/4zdxuuwf

***

Filed under: Drugs and Pharma, Ethics, Experts Invited, Glossary Terms, Health Economics, Health Insurance, Information Technology, Investing, Marcinko Associates, Recommended Books, Sponsors | Tagged: AARP, Capital One, CPI, DJIA, DJIA Dow, DOW, health, Health Insurance, healthcare, HHS, insurance, IRA, Marcinko, medicare, Medicare Advantage, Medicare Part D, NASA, NASDAQ, Part D, PPI, S&P 500, textbooks, TNX, USDL, VIX, WSJ | Leave a comment »

DAILY UPDATE: Dow Up While NASDAQ Drops

Posted on January 15, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

MEDICAL EXECUTIVE-POST – TODAY’S NEWSLETTER BRIEFING

***

Essays, Opinions and Curated News in Health Economics, Investing, Business, Management and Financial Planning for Physician Entrepreneurs and their Savvy Advisors and Consultants

“Serving Almost One Million Doctors, Financial Advisors and Medical Management Consultants Daily“

A Partner of the Institute of Medical Business Advisors , Inc.

SPONSORED BY: Marcinko & Associates, Inc.

***

Daily Update Provided By Staff Reporters Since 2007.
How May We Serve You?

REFER A COLLEAGUE: MarcinkoAdvisors@outlook.com

SPONSORSHIPS AVAILABLE: https://medicalexecutivepost.com/sponsors/

ADVERTISE ON THE ME-P: https://tinyurl.com/ytb5955z

Your Referral Count -0-

The Producer Price Index, which tracks price changes companies see at a wholesale level, rose 3.3% over last year, up from 3% in November but less than economists expected. It rose 0.2% over the previous month, also less than expected. The report lays the groundwork for Wednesday’s heavily anticipated CPI print.

CITE: https://tinyurl.com/2h47urt5

US stocks closed mixed Tuesday as investors took in the first of two key inflation reports this week, which showed prices rose less than expected in December. Also in focus was a report that the incoming Trump administration could hike tariffs more gradually to ease inflationary pressures.

Investors will now turn their attention to Wednesday morning’s update on consumer prices, which are expected to remain sticky as the Federal Reserve continues its inflation fight.

On Tuesday, the benchmark S&P 500 (^GSPC) finished the trading day about 0.1% higher, while the tech-heavy NASDAQ Composite (^IXIC) dropped around 0.2% following a bumpy session on Wall Street. The Dow Jones Industrial Average (^DJI) moved roughly 0.5% higher to cap off back-to-back winning days for the blue chip index.

Visualize: How private equity tangled banks in a web of debt, from the Financial Times.

COMMENTS APPRECIATED

PLEASE SUBSCRIBE: MarcinkoAdvisors@outlook.com

Thank You

***

EDUCATIONAL TEXTBOOKS: https://tinyurl.com/4zdxuuwf

***

Filed under: "Ask-an-Advisor", Information Technology, Investing, Marcinko Associates, Recommended Books, Sponsors | Tagged: Consumer Price Index, CPI, DJIA, DOW, finance, inflation, Investing, Marcinko, NASA, NASDAQ, PPI, Producer Price Index, S&P 500, textbooks, TNX, VIX, WSJ | Leave a comment »

MUTISM Selective

Posted on January 14, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

Selective Mutism: Some people experience selective mutism, a condition where intense trauma or anxiety leaves them temporarily unable to speak. It’s a defense mechanism that shields them from emotional overwhelm. It is characterized by:

A person’s inability to speak in certain social settings, even though they are otherwise capable of speech.
Triggers for selective mutism can include specific situations, places, or people.
People with SM can speak comfortably and communicate well in other settings, such as at home with family.

For many, according to colleague Dan Ariely PhD, this silence is involuntary, reflecting how deeply emotions affect speech.

COMMENTS APPRECIATED

Subscribe and Like

***

Filed under: "Doctors Only", Ethics, Glossary Terms, LifeStyle, mental health | Tagged: anxiety, autism, Dan Ariely PhD, mental health, mutism, psychology, selected mutism, selective mutism, SM, trauma | Leave a comment »

PHYSICIANS AND ADVISORS: Books, Texts & Dictionaries

Posted on January 14, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

BUSINESS, FINANCE AND NON-CLINICAL ECONOMICS EDUCATION

By Dr. David Edward Marcinko MBA MEd CMP™

SPONSOR: http://www.MARCINKOASSOCIATES.com

Academic Team of Internationally Known Contributors

D. E. Marcinko & Associates is one of the most academically published authorities on the topic of financial planning and private wealth management for physicians, nurses and medical professionals. We have published 33 major peer reviewed textbooks redacted in the Library of Medicine, Institute of Health and the Library of Congress, in four languages, with over 5,025 online white papers, web-posts and related publications. These cover a range of financial planning topics from medical malpractice, risk management and insurance, to investment policy statement analysis and endowment funding management, and to taxation, retirement, estate and legacy planning.

Financial planning, business and strategic management, FMV for practice and clinics and related “hard” topics are included.

***

We also include “soft” subjects from investor psychology, ethics and lost fortunes to luxury spending, from understanding the middle-class millionaire to the political philosophies of physicians and the affluent. Our corpus of work is regularly consulted by doctors, medical, business, graduate and nursing schools, to elite advisors, private and investment bankers, wealth managers, venture capitalists, academics and the press.

MORE HERE: https://marcinkoassociates.com/textbooks-academic-catalog/

Leading Resources, Books, Texts, Dictionaries and References for Medical Professionals

E-BOOKS: https://medicalexecutivepost.com/me-pr-a-new-feature/

THANK YOU

***

Filed under: "Advisors Only", "Doctors Only", Accounting, Alerts Sign-Up, Book Reviews, Estate Planning, Ethics, Financial Planning, Funding Basics, Health Insurance, Health Law & Policy, Healthcare Finance, Information Technology, Insurance Matters, Investing, Marcinko Associates, Portfolio Management, Practice Management, Practice Worth, Professional Liability, Retirement and Benefits, Risk Management, Taxation, Touring with Marcinko | Tagged: Accounting, cost management, estate, Financial Planning, Investing, managerial accounting, Marcinko, medical management, practice management medical FMV, retirement, tax planning | Leave a comment »

BIAS: In-Group Favoritism

Posted on January 14, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

In-group bias refers to the unfair favoring of someone from one’s own group. You might think that you’re unbiased, impartial, and fair, but we all succumb to this bias, having evolved to be this way.

That is, according to colleague Dan Ariely PhD, from an evolutionary perspective, this bias can be considered an advantage—favoring and protecting those similar to you, particularly with respect to kinship and the promotion of one’s own line.

COMMENTS APPRECIATED

Refer and Subscribe

***

Filed under: Ethics, Glossary Terms, LifeStyle, mental health | Tagged: cognitive bias, Dan Ariely PhD, favoring, favoritism, in group bias, in group favoritism, mental health, promotion | Leave a comment »

OPEN LETTER: MARCINKO Associates, Inc.

Posted on January 14, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

MISSION STATEMENT

Open Letter from the CEO

Dr. David Edward Marcinko MBA CMP™

ALL MEDICAL AND HEALTHCARE COLLEAGUES

Did you know that at MARCINKO & Associates, all medical colleagues throughout the United States may contact us when they are considering the sale, purchase, strategic operating improvement, merger, acquisition and/or other financial business or related personal financial planning transaction?

MORE: https://marcinkoassociates.com/welcome-medical-colleagues/

***

Our difference is “hard” knowledge and insider financial guidance that helps medical colleagues, nurses, private practitioners, clinics, ambulatory surgery, radiology and outpatient wound care centers realize their ultimate economic goals. This typically includes managerial and cost accounting, financial ratio analysis, fair market valuation business appraisals, business plan creation and personal financial planning.

MORE: https://marcinkoassociates.com/fmv-appraisals/

Our “expert witness” business litigation support service and divorce mediation, arbitration, asset division, settlement and second opinion offerings are always available, as well.

MORE: https://marcinkoassociates.com/expert-witness/

And, our “soft” skill professional career guidance and mentoring center includes executive coaching, consulting and mentoring advisory programs for stressed, conflicted or burned-out physicians and medical practitioners.

COACHING: Careers

Most importantly, our professional fees are reasonable and always transparent.

MARCINKO & Associates also serves universities, medical, business, graduate and nursing schools; physicians, dentists, podiatrists, optometrists and legal societies. This includes accountants, financial service providers, wealth and hedge fund managers, emerging entities, hospitals, CEOs and their BODs, the press, media and related organizations.

MORE: https://marcinkoassociates.com/speaking-seminars/

Contact us for an educational white-paper on most any topic.

MORE: https://marcinkoassociates.com/case-studies/

***

Now, please review our website to learn more.

And, always retain us when needed.

How May We Serve You?

DAVID EDWARD MARCINKO

email: MarcinkoAdvisors@msn.com

Filed under: "Advisors Only", "Doctors Only", Career Development, Experts Invited, Financial Advisor Listings, Financial Planning, Health Economics, Health Insurance, Health Law & Policy, Healthcare Finance, Insurance Matters, Investing, Marcinko Associates, Media Mentions and PR, Nominations Sought, Op-Editorials, Portfolio Management, Practice Management, Practice Worth, Recommended Books, Research & Development, Risk Management, Touring with Marcinko | Tagged: david marcinko, Dr. David Edward Marcinko, Dr. David Marcinko, Dr. Marcinko, economics, estate, finance, Investing, INVESTMENT BANKING, Marcinko, Marcinko Associates, retirement, Venture Capital | Leave a comment »

DAILY UPDATE: Stock Markets Close Mixed

Posted on January 14, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

MEDICAL EXECUTIVE-POST – TODAY’S NEWSLETTER BRIEFING

***

Essays, Opinions and Curated News in Health Economics, Investing, Business, Management and Financial Planning for Physician Entrepreneurs and their Savvy Advisors and Consultants

“Serving Almost One Million Doctors, Financial Advisors and Medical Management Consultants Daily“

A Partner of the Institute of Medical Business Advisors , Inc.

SPONSORED BY: Marcinko & Associates, Inc.

***

Daily Update Provided By Staff Reporters Since 2007.
How May We Serve You?

REFER A COLLEAGUE: MarcinkoAdvisors@outlook.com

SPONSORSHIPS AVAILABLE: https://medicalexecutivepost.com/sponsors/

ADVERTISE ON THE ME-P: https://tinyurl.com/ytb5955z

Your Referral Count -0-

Stocks closed mixed on Monday, with Big Tech names paring losses as the dollar and bond yields climbed amid fading hopes for interest rate cuts ahead of this week’s key consumer inflation reports.

The S&P 500 (^GSPC) settled almost 0.2% higher after falling as much as 1% during the session, while the NASDAQ Composite (^IXIC) fell 0.4%. Shares of Nvidia (NVDA) and Apple (AAPL) closed off their session lows, though most “Magnificent Seven” tech megacaps fell during the session.

The blue-chip Dow Jones Industrial Average (^DJI), which includes fewer tech stocks, rose 0.8%, or more than 350 points.

CITE: https://tinyurl.com/2h47urt5

Stocks navigated another volatile session after Friday’s plunge, which wiped out all year-to-date gains for Wall Street’s major gauges. A hot December jobs report rattled markets, spurring concern that signs of strength in the economy will encourage the Federal Reserve to keep rates higher for longer.

Visualize: How private equity tangled banks in a web of debt, from the Financial Times.

COMMENTS APPRECIATED

PLEASE SUBSCRIBE: MarcinkoAdvisors@outlook.com

Thank You

***

EDUCATIONAL TEXTBOOKS: https://tinyurl.com/4zdxuuwf

***

Filed under: Information Technology, Investing, Marcinko Associates, Recommended Books, Sponsors | Tagged: bonds, commodities, DJIA, DOW, finance, FOMC, Investing, Magnificent 7, Marcinko, mega caps, NASA, NASDAQ, Nvidia, S&P 500, stocks, textbooks, TNX, VIX, WSJ | Leave a comment »

EXTENDED Equity Strategies

Posted on January 13, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

Extended equity strategies attempt to provide better returns than possible with long-only investments.

An example of an extended equity strategy is a 130/30 portfolio, which gets its designation from taking a 130% long position and a 30% short position. In practice, this would mean $100mm invested in stocks that are viewed as attractive. Next, the manager would borrow and sell short $30mm of unattractive stocks. Then the manager uses the proceeds from the short sale to buy an additional $30mm of attractive stocks. This results in a portfolio that has 130% long and 30% short exposure to stocks, or “extended” exposure to equities relative to a long-only, 100% stock portfolio.

Nevertheless, it’s important to point out that here is the risk of theoretical unlimited amount of loss with short selling, (i.e. the price of the short-sold stocks increases; the long position can only go down to $0).

COMMENTS APPRECIATED

Refer and Subscribe

***

Filed under: "Ask-an-Advisor", Alternative Investments, Financial Planning, Funding Basics, Glossary Terms, Marcinko Associates | Tagged: equity, extended equity strategies, extended market exposure, finance, Investing, Marcinko, personal-finance, Short Selling, stock market, stocks | Leave a comment »

HOSPITAL Revenue Metrics Review

Posted on January 13, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

The emphasis on hospital revenue metrics at hospitals may be a sign of misplaced prioritization away from patients and their well-being. For example:

Orthopedic Surgeons Generated the $2.75 Million in Hospital Revenue Per Orthopedist Per Year.
Interventional Cardiologists Generated $2.45 Million in Hospital Revenue Per Cardiologist Per Year.
General Surgeons Generated $2.17 Million in Hospital Revenue Per Surgeon Per Year.
Family Practice Doctors Generated $1.5 Million in Hospital Revenue Per Doctor Per Year.

COMMENTS APPRECIATED

Subscribe and Refer.

***

Filed under: "Doctors Only", Accounting, Drugs and Pharma, Ethics, Funding Basics, Glossary Terms, Health Economics, Health Insurance, Health Law & Policy, Healthcare Finance, Managed Care, Recommended Books | Tagged: doctors, hospital revenue metrics, medical, medicine, physicians, RCM, revenue cycle management | Leave a comment »

DAILY UPDATE: HSA Reform & BoA Paper Bond Losses as Wall Street Tanks!

Posted on January 13, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

MEDICAL EXECUTIVE-POST – TODAY’S NEWSLETTER BRIEFING

***

Essays, Opinions and Curated News in Health Economics, Investing, Business, Management and Financial Planning for Physician Entrepreneurs and their Savvy Advisors and Consultants

“Serving Almost One Million Doctors, Financial Advisors and Medical Management Consultants Daily“

A Partner of the Institute of Medical Business Advisors , Inc.

SPONSORED BY: Marcinko & Associates, Inc.

***

Daily Update Provided By Staff Reporters Since 2007.
How May We Serve You?

REFER A COLLEAGUE: MarcinkoAdvisors@outlook.com

SPONSORSHIPS AVAILABLE: https://medicalexecutivepost.com/sponsors/

ADVERTISE ON THE ME-P: https://tinyurl.com/ytb5955z

Your Referral Count -0-

Healthcare insurance plans could undergo major changes under the incoming Trump administration thanks to a new bill being introduced this week seeking to reform health savings accounts. Rep. Chip Roy (R-TX) introduced the Healthcare Freedom Act on Thursday seeking to reform the healthcare system by expanding health savings accounts to broaden coverage for U.S. taxpayers and “give Americans the quality of care they deserve.”

Barron’s estimates that Bank of America’s paper losses on a portfolio of $568 billion of bonds, mostly U.S. agency mortgage securities, could widen to $111 billion or more, compared with $86 billion at the end of September.

CITE: https://tinyurl.com/2h47urt5

US stocks plunged Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts from the Federal Reserve. The Dow dropped by 697 points, closing at 41,938, while the S&P 500 fell by 1.5% and the tech-heavy NASDAQ index was lower by 1.6%. The three indices all finished the week in the red as Friday’s selloff erased the week’s previous gains.

The selloff comes as the economy added 256,000 jobs in December, far outpacing expectations of around 153,000 jobs. While strong job growth signals a healthy economy, it raises the question of how soon the central bank needs to cut interest rates again. Traders now expect just a 2.7% chance the Fed will cut rates at its policy meeting later this month, according to the CME FedWatch Tool.

Visualize: How private equity tangled banks in a web of debt, from the Financial Times.

COMMENTS APPRECIATED

PLEASE SUBSCRIBE: MarcinkoAdvisors@outlook.com

Thank You

***

EDUCATIONAL TEXTBOOKS: https://tinyurl.com/4zdxuuwf

***

Filed under: Information Technology, Investing, Marcinko Associates, Recommended Books, Sponsors | Tagged: Art, asia, Bank America, BoA, CME FedWatch Tool., DJIA, DOW, fed, FMOC, japan, Marcinko, NASA, NASDAQ, photography, S&P 500, Technology, textbooks, TNX, VIX, WSJ | Leave a comment »

EXPERT WITNESSES: What Exactly Are They?

Posted on January 12, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

SPONSOR: http://www.MARCINKOASSOCIATES.com

***

***

At DE Marcinko & Associates an “expert witness” possesses specialized knowledge in a particular field and is qualified to provide deposition or testimony in court and under oath. This testimony can be based on their personal experience, education, training or research. The role of an expert witness is to provide objective and unbiased opinions, analysis, and insights to help a lawyer, judge and/or jury understand technical or complex issues related to the case.

An expert witness can be called by either the prosecution or the defense in a legal case. The expert witness may be required to provide a written report or affidavit detailing their opinions, analyses and conclusions, and they may be asked to testify in court to provide oral testimony and answer questions from the judge and lawyers.

READ HERE: https://marcinkoassociates.com/expert-witness/

MORE: https://medicalexecutivepost.com/2023/09/02/the-medical-expert-trial-witness/

COMMENTS APPRECIATED

Thank You

***

Filed under: "Doctors Only", Experts Invited, Professional Liability, Risk Management, Touring with Marcinko | Tagged: Charles Fenton, expert, expert legal witness, expert witness, grife, Marcinko, witness | Leave a comment »

CURRENCY: Carried Orientated

Posted on January 12, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

Carry-oriented currencies are higher-yielding currencies of countries where interest rates are generally higher than those of countries with lower-yielding currencies.

These higher-yielding currencies are targeted for “carry trades,” where investors borrow money in a low-interest rate currency and invest in a higher yielding currency, potentially profiting from the difference in interest rates.

COMMENTS APPRECIATED

Like, Refer and Subscribe

***

Filed under: Accounting, Funding Basics, Glossary Terms, Investing, Touring with Marcinko | Tagged: carried curencies, carried currency, carried trades, high yield currencies, Marcinko | Leave a comment »

NOTIONAL Value

Posted on January 12, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

SUBSCRIBE: http://www.MarcinkoAssociates.com

***

***

Notional Value is the face value or principal amount that an investor holds of a debt security.

This value is not subject to market pricing.

COMMENTS APPRECIATED

Like, Refer and Subscribe

***

Filed under: "Ask-an-Advisor", Financial Planning, Funding Basics, Glossary Terms, Investing, Marcinko Associates | Tagged: debt security, face value, Marcinko, market price, notational value, principal amount | Leave a comment »

DEMAGOGUES: Value and Growth Stocks

Posted on January 12, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

SPECIAL REPORT

By Vitaliy Katsenelson CFA

***

***

About Value & Growth Demagogues

You can listen to a professional narration of this article on iTunes & online.

I have a problem with both growth and value demagogues.

Growth demagogues will argue that valuation is irrelevant for high-growth companies because the price you pay for growth doesn’t matter. They usually say this after a very extended move in growth stocks, where these investors look like gods that walk on water. They call value investors “accountants.”

The price you pay matters (this is not a new message). As we’ve discussed in the past, if you bought great, high-growth companies near the end of the Nifty Fifty bubble in the 1960s or near the end of the dotcom bubble in the 1990s, it took more than a decade to break even (after first struggling through double-digit losses).

COMMENTS APPRECIATED

Refer, Like and Subscribe

***

Filed under: "Ask-an-Advisor", "Doctors Only", Experts Invited, Financial Advisor Listings, Financial Planning, Funding Basics, Glossary Terms | Tagged: growth stocks, stock bubble, value stocks, Vitaliy Katsenelson CFA, Wall Street | Leave a comment »

SUPERSTITIONS: In Medicine?

Posted on January 11, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Dr. David Edward Marcinko MBA MEd

***

***

Saying a patient’s name in the emergency room will almost ensure that person comes in that day.
A code cart next to an unstable patient is said to ward off evil spirits.
Traditional healers usually use superstition in their practices to manage human health problems and diseases.
Such practices create a conflict with the medical profession and its evidence-based practices.

***

So, what exactly is a Superstition? Does superstition change a measurable patient outcome, such as decreased anastomotic leak rate, surgical site infection, or mortality? Hard to say. But does it improve the surgeon’s confidence, thereby improving their performance? Likely so.

Science is not the opposite of superstition; it is the result of superstition, the result of humans trying to make sense of the world and prove each other wrong. We keep doing the things we do to maintain some semblance of control. In further defense of superstition, ritualistic behaviors ensure that the necessary boxes are checked and that we pay attention to the details. In surgery, details matter.

“Superstition is the irrational belief that an object or behavior has the power to influence an outcome, when there’s no logical connection between them. Most of us aren’t superstitious – but most of us are a ‘littlestitious.’”
– Gretchen Rubin

So, until there is evidence to the contrary, I will keep tearing off the little patient labels and keeping their names with me in hopes that they do well after surgery.

COMMENTS APPRECIATED

Refer, Subscribe and Like

***

Filed under: "Doctors Only", Ethics, Experts Invited, LifeStyle, Marcinko Associates, mental health | Tagged: beliefs, Gretchen Rubin, healthcare superstitions, life, Marcinko, medical superstitions, mental health, nursing superstitions, superstition, superstitions | Leave a comment »

ADAPTATION Release

Posted on January 11, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

Activation due to release from adaptation = Extra activation caused by stimulus change = (Response to the two different stimuli paired together) – (Response to same stimuli presented without the change) E.g. (1/4 + 4/1) – (1/1 + 4/4) To look for adaptation paralleling same/diff perception. Make a contrast weighting each adaptation release value by the subject’s behavioural responses on that part of the same/different curve. Rajeev Raizada – UW MRI talk, Oct

***

Release from Adaptation is the joy you feel when something changes after becoming accustomed to it. It’s like the relief of a cool breeze after a hot day. Our brains get used to stimuli, making them less noticeable over time. When there’s a change, it’s like hitting the refresh button on our senses.

This is why, according to colleague Dan Ariely PhD, novelty feels so exciting and routine can become dull. So, inject some variety into your life to keep things fresh and enjoy the small releases from adaptation.

COMMENTS APPRECIATED

Like and Subscribe

***

Filed under: Career Development, Ethics, Glossary Terms, LifeStyle, mental health | Tagged: adaptation, anxiety, brain, Dan Ariely PhD, health, mental health, neuroscience, Rajeev Raizada, release adaptation release | Leave a comment »

CREDIT: Much About Agreements!

Posted on January 11, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

Credit analysis is a form of financial analysis used primarily to determine the financial strength of the issuer of a security, and the ability of that issuer to provide timely payment of interest and principal to investors in the issuer’s debt securities. Credit analysis is typically an important component of security analysis and selection in credit-sensitive bond sectors such as the corporate bond market and the municipal bond market.

Credit default swap index (CDX) is a credit derivative, based on a basket of CDS, which can be used to hedge credit risk or speculate on changes in credit quality.

Credit default swaps (CDS) are credit derivative contracts between two counterparties that can be used to hedge credit risk or speculate on changes in the credit quality of a corporation or government entity.

Credit quality reflects the financial strength of the issuer of a security, and the ability of that issuer to provide timely payment of interest and principal to investors in the issuer’s securities. Common measurements of credit quality include the credit ratings provided by credit rating agencies such as Standard & Poor’s and Moody’s. Credit quality and credit quality perceptions are a key component of the daily market pricing of fixed-income securities, along with maturity, inflation expectations and interest rate levels.

Credit Rating Agency (CRA) is a company that assigns credit ratings for issuers of certain types of debt obligations as well as the debt instruments themselves. In the United States, the Securities and Exchange Commission (SEC) permits investment banks and broker-dealers to use credit ratings from “Nationally Recognized Statistical Rating Organizations” (NRSRO) for similar purposes. As of January 2012, nine organizations were designated as NRSROs, including the “Big Three” which are Standard and Poor’s, Moody’s Investor Services and Fitch Ratings.

Credit rating downgrade, by a credit rating agency (Standard & Poor’s, Moody’s or Fitch) means reducing its credit rating for a debt issuer and/or security. This is based on the agency’s evaluation, indicating, to the agency, a decline in the issuer’s financial stability, increasing the possibility of default. A downgrade should not to be confused with a default; a debt security can be downgraded without defaulting. And, conversely, a debt issuer can suddenly default without being downgraded first–credit ratings and credit rating agencies are not infallible.

Credit ratings are measurements of credit quality provided by credit rating agencies. Those provided by Standard & Poor’s typically are the most widely quoted and distributed, and range from AAA (highest quality; perceived as least likely to default) down to D (in default). Securities and issuers rated AAA to BBB are considered/perceived to be “investment-grade”; those below BBB are considered/perceived to be non-investment-grade or more speculative.

Credit risk is the inability or perceived inability of the issuers of debt securities to make interest and principal payments will cause the value of those securities to decrease. Changes in the credit ratings of debt securities could have a similar effect.

Credit Risk Transfer Securities (CRTS) are unsecured obligations of the GSEs (Government Sponsored Enterprises). Although cash flows are linked to prepays and defaults of the reference mortgage loans, the securities are unsecured loans, backed by general credit rather than by specified assets.

COMMENTS APPRECIATED

Subscribe and Refer Today!

***

Filed under: "Ask-an-Advisor", Accounting, Career Development, Ethics, Financial Planning, Funding Basics, Glossary Terms, Industry Indignation Index, Investing, LifeStyle, Taxation | Tagged: CDS, CDX, CRA, credit analysis, credit default swaps, credit downgrade, credit rating agency, credit ratings, credit risk, Credit Risk Transfer Securities, CRTS, default, finance, FITCH, GSEs, Investing, investment grade, Moody's, NRSRO, SEC, Standard & Poor's | Leave a comment »

COMPETITION Paradox

Posted on January 10, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

Definition of the Paradox of Competition

The Paradox of Competition refers to the complex and often counterintuitive effects competitive behaviors can have within markets and industries. Generally, competition is seen as a positive force that drives innovation, lowers prices, and improves quality and choice for consumers. However, the paradox lies in the fact that intense competition can sometimes lead to negative outcomes, such as diminished profitability for companies, reduced incentives to innovate, and the potential for a race to the bottom in terms of quality and sustainability.

According to colleague Dan Ariely PhD, understanding the nuances of the Paradox of Competition reveals the complexity of market dynamics and the importance of strategic, informed approaches to competition, both from businesses and regulators.

This paradox challenges the conventional wisdom that competition is universally beneficial, highlighting the need for a more nuanced view of how competitive forces shape markets and societies.

COMMENTS APPRECIATED

Refer, Like and Subscribe

***

Filed under: Ethics, Glossary Terms, iMBA, Inc., LifeStyle, mental health | Tagged: co-operation, competition, Dan Ariely, life, mental health, paradox, paradox competition, philosophy | Leave a comment »

CHINA: Central Bank Ceases Bond Buying as Sell-Off in US Treasury Bonds Stokes Wage Inflation and Wall Street Begins Tanking

Posted on January 10, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

China’s 10-year bond yield plunged to a record low this month, while the Chinese currency [yuan] traded in Hong Kong on Wednesday hit its weakest against the U.S. dollar in more than a year.
The People’s Bank of China is “trying to cool down the market by suspending government bond buying,” said Larry Hu, chief China economist at Macquarie.
Cite: https://www.cnbc.com/2024/08/15/chinas-bond-market-intervention-reveals-financial-stability-worries.html?&doc=108084603

***

And, the U.S. economy added a much larger-than-expected total of new hires last month, adding more upward pressure to wage inflation and likely stoking a further selloff in U.S. Treasury bonds.

The Bureau of Labor Statistics said 256,000 new jobs were created last month, well ahead Wall Street’s 164,000 forecast and the down-wardly revised 212,000 reading from November.

***

Finally, Wall Street’s major averages are tumbling today as investors digested the hotter than expected jobs report. Early on and the S&P 500 (SP500) was -1.7%, the NASDAQ Composite (COMP:IND) was -2.2%, and the Dow (DJI) was -1.3%.

COMMENTS APPRECIATED

Refer and Subscribe

***

Filed under: "Ask-an-Advisor", Alerts Sign-Up, Breaking News, Experts Invited, Financial Planning, Funding Basics, Glossary Terms, Investing | Tagged: BLS, bon sell off, China, china bonds, china central bank, China Economy, chinease currency, DJIA, economy, finance, Larry Hu, Macquarie, NASDAQ, news, politics, S&P 500, US bonds, USBLS, wage inflation, Wall Street, yuan | Leave a comment »

IBBOTSON: Intermediate-Term Treasuries Index

Posted on January 10, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

Ibbotson Intermediate-Term Treasuries Index constructed by Ibbotson Associates using long-term historical data. The index calculates total returns from historical index prices and calculates income using a coupon accrual method.

The index replicates intermediate-term bond performance by selecting the Treasury bond with maturity closest to five years, holds it for the calendar year, then rolls to the next five-year bond.

COMMENTS APPRECIATED

Subscribe and Refer

***

Filed under: "Advisors Only", Financial Planning, Funding Basics, Glossary Terms, Investing | Tagged: accrual, Ibbotson Associates, Ibbotson Intermediate-Term Treasuries Index, Intermediate-Term Treasuries Index, treasury bonds | Leave a comment »

SUSTAINABILITY Defined

Posted on January 9, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

Sustainability focuses on meeting the needs of the present without compromising the ability of future generations to meet their needs. There are many different approaches to Sustainability, with motives varying from positive societal impact, to wanting to achieve competitive financial results, or both.

Methods of sustainable investing include active share ownership, integration of ESG factors, thematic investing, impact investing and exclusion among others.

COMMENTS APPRECIATED

Refer and Subscribe

***

Filed under: "Ask-an-Advisor", Alternative Investments, Experts Invited, Financial Planning, Funding Basics, Glossary Terms, Investing, mental health, Sponsors | Tagged: DEI, ESG, green, Investing, mental health, sustainability, theme investing | Leave a comment »

DAILY UPDATE: Today’s Industry Closures as Markets Flatten

Posted on January 9, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

MEDICAL EXECUTIVE-POST – TODAY’S NEWSLETTER BRIEFING

***

Essays, Opinions and Curated News in Health Economics, Investing, Business, Management and Financial Planning for Physician Entrepreneurs and their Savvy Advisors and Consultants

“Serving Almost One Million Doctors, Financial Advisors and Medical Management Consultants Daily“

A Partner of the Institute of Medical Business Advisors , Inc.

SPONSORED BY: Marcinko & Associates, Inc.

***

Daily Update Provided By Staff Reporters Since 2007.
How May We Serve You?

REFER A COLLEAGUE: MarcinkoAdvisors@outlook.com

SPONSORSHIPS AVAILABLE: https://medicalexecutivepost.com/sponsors/

ADVERTISE ON THE ME-P: https://tinyurl.com/ytb5955z

Your Referral Count -0-

National Day of Mourning?

Mail: The National Postal Mail Handlers Union has said that the U.S. postal service will pause its operations on Thursday. UPS and FedEX pickup and delivery services are expected to be available, and UPS Store and FedEX office locations will be open too.

Stock market: The NASDAQ is set to close all of its equities and options markets to mark the national day of mourning on Thursday. It’s also set to mark the late president’s death with a moment of silence at 9.20 a.m. E.T. The bond market is set to close at 2 p.m. E.T. following a recommendation from the Securities Industry and Financial Markets Association.

Banks: As the national day of mourning isn’t a federal holiday, many businesses, banks, and services will be open. But it’s worth checking local store hours before going out.

US stocks were mixed on Wednesday as investors absorbed a report that President-elect Donald Trump is considering declaring a national economic emergency to pave the way for proposed tariffs. Meanwhile, minutes from the Federal Reserve’s December meeting showed “many” officials supported a gradual pace of interest rate cuts in 2025.

CITE: https://tinyurl.com/2h47urt5

The S&P 500 (^GSPC) closed up more than 0.1% while the Dow Jones Industrial Average (^DJI) added 0.25%, or about 100 points. The tech-heavy NASDAQ Composite (^IXIC) closed just below the flat line.

Meanwhile, the 10-year Treasury yield (^TNX) hovered at 4.7% ahead of a crucial December jobs report set for release on Friday morning.

Visualize: How private equity tangled banks in a web of debt, from the Financial Times.

COMMENTS APPRECIATED

PLEASE SUBSCRIBE: MarcinkoAdvisors@outlook.com

Thank You

***

EDUCATIONAL TEXTBOOKS: https://tinyurl.com/4zdxuuwf

***

Filed under: "Ask-an-Advisor", Alerts Sign-Up, Financial Planning, Funding Basics, Glossary Terms, Information Technology, Investing, LifeStyle, Marcinko Associates, Recommended Books, Sponsors | Tagged: banks, DJIA, DOW, Federal Expres, FedEx, finance, Investing, Mail Handlers Union, Marcinko, NASA, NASDAQ, S&P 500, Stock marketsts, stocks, textbooks, TNX, Treasury Yield, UPS, USPS, VIX, WSJ | Leave a comment »

SMISHING: Beware Scams!

Posted on January 8, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

***

***

Smishing is a form of phishing that uses Short Message Service (SMS), commonly known as text messages, instead of email. Typically, the scammer poses as a legitimate institution, such as a bank, a service provider or a reputed company. The text message they send creates a sense of urgency or threatens consequences if the victim doesn’t respond immediately. It downloads malware on the phone or includes a link to a fraudulent website designed to look like the legitimate organization’s site. When victims reach that site they are tricked into entering their personal information.

Seven Types of Smishing Scams

1. Impersonation Scams: The attacker pretends to be a known organization or individual. The attack could be via a message pretending to be from a bank, government agency or a reputable company.
2. Tech Support Scams: Attackers pose as representatives from tech companies, claiming that the victim’s device or account has been compromised and that they need sensitive data to fix the problem.
3. Account Suspension Scams: These messages claim that an account (bank account, social media or any other service) has been suspended and prompt the victim to verify their identity by providing sensitive information.
4. Missed Delivery Scams: Attackers send messages claiming that the victim has missed a package delivery, and they need to provide personal details or a fee to reschedule the delivery.
5. Prize or Lottery Scams: Messages claiming that the victim has won a prize or a lottery, and they need to provide personal details or make a payment to claim the winnings.
6. Charity Scams: In these attacks, scammers impersonate a charitable organization, asking for donations, usually following a large-scale disaster or during holiday seasons.
7. Malware Link Scams: Messages containing a link, which when clicked, installs malware on the victim’s device, allowing the attacker to steal information or gain control over the device.

Attackers are constantly innovating and finding new ways to exploit human trust, so it’s crucial to be skeptical of any unsolicited or unexpected message that asks for sensitive information or prompts to click a link.

COMMENTS APPRECIATED

Refer and Subscribe

***

Filed under: Ethics, Glossary Terms, Information Technology, LifeStyle, mental health | Tagged: mental health, phishing, scam, scams, secure message service, security, short message service, smish, smishing, smishing scams, smishing., SMS | Leave a comment »

EARNED INCOME: Defined

Posted on January 8, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

Cite: https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/earned-income-and-earned-income-tax-credit-eitc-tables

***

***

What Counts as ‘Earned Income’?

The IRS defines earned income as money you get for working, including the following:

Wages
Commissions
Bonuses
Tips
Honorariums for speaking, writing or taking part in a conference or convention
Self-employment income

Income that doesn’t qualify includes:

Taxable pension payments
Interest income
Dividends
Rental income
Alimony
Withdrawals from Roth IRAs or other non-taxable retirement accounts
Annuity income
Welfare benefits
Unemployment compensation
Worker’s compensation payments
Social Security income.

COMMENTS APPRECIATED

Refer and Subscribe

***

Filed under: "Ask-an-Advisor", Accounting, Financial Planning, Funding Basics, Glossary Terms, Marcinko Associates, Taxation, Touring with Marcinko | Tagged: alimony, annuity, commissions, dividends, earned income, Income, IRS, IRS income, Marcinko, pension payments, rental income, ssi, TIPs, wages, welfare | Leave a comment »

DAILY UPDATE: United Health Owned Insurance Fined and CFPB Hides Medical Debt as Nvidia Leads Stock Markets Down

Posted on January 8, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

MEDICAL EXECUTIVE-POST – TODAY’S NEWSLETTER BRIEFING

***

Essays, Opinions and Curated News in Health Economics, Investing, Business, Management and Financial Planning for Physician Entrepreneurs and their Savvy Advisors and Consultants

“Serving Almost One Million Doctors, Financial Advisors and Medical Management Consultants Daily“

A Partner of the Institute of Medical Business Advisors , Inc.

SPONSORED BY: Marcinko & Associates, Inc.

***

Daily Update Provided By Staff Reporters Since 2007.
How May We Serve You?

REFER A COLLEAGUE: MarcinkoAdvisors@outlook.com

SPONSORSHIPS AVAILABLE: https://medicalexecutivepost.com/sponsors/

ADVERTISE ON THE ME-P: https://tinyurl.com/ytb5955z

Your Referral Count -0-

Three UnitedHealth-owned insurance companies must pay over $165 million for misleading thousands of customers in Massachusetts into paying for additional health insurance, a state judge has ruled.

Nvidia stock (NVDA) tumbled more than 6% Tuesday, a day after shares closed at a record high in anticipation of CEO Jensen Huang’s keynote at the tech industry’s annual CES trade show in Las Vegas.

CITE: https://tinyurl.com/2h47urt5

Dow ends down nearly 180 points, NASDAQ tumbles 1.9% as Treasury yields surge after job-openings, ISM services data

The Biden administration’s Consumer Financial Protection Bureau (CFPB) issued a new rule Tuesday that will hide an estimated $49 billion in medical debt from credit reports. The rule, which is slated to affect 15 million Americans, prohibits the inclusion of medical bills on credit reports and bars creditors from using medical information in making lending decisions. The policy specifically targets national credit-reporting companies Equifax, Experian and Transunion, which provide detailed evaluations of consumer finances to banks, employers and landlords.

COMMENTS APPRECIATED

PLEASE SUBSCRIBE: MarcinkoAdvisors@outlook.com

Thank You

***

EDUCATIONAL TEXTBOOKS: https://tinyurl.com/4zdxuuwf

***

Filed under: Drugs and Pharma, Experts Invited, Funding Basics, Health Economics, Health Insurance, Health Law & Policy, Healthcare Finance, Information Technology, Investing, Marcinko Associates, Recommended Books, Sponsors | Tagged: AI, Biden, CES, CFPB, Consumer Financial Protection Bureau, DJIA, DOW, Equifax, Experian, ism, Marcinko, medical bills, medical creditors, NASA, NASDAQ, news, Nvidia, S&P 500, Technology, textbooks, TNX, TransUnion, UnitedHealth, VIX, WSJ | Leave a comment »

WILLIAM JEVONS Efficiency Paradox

Posted on January 7, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

William S. Jevons Paradox suggests that increases in efficiency lead to even larger increases in demand; according to colleague Dan Ariely PhD.

The Jevons Paradox is when making something work better actually leads to using more of it, not less.

Imagine you have a really fast bike that makes you use less energy to speed up. Because it’s so good, you want to bike everywhere, even more than before. Now, even though your bike is better at saving energy, you end up using it so much that you may use even more energy overall

COMMENTS APPRECIATED

Like and Subscribe

***

Filed under: Ethics, Experts Invited, Glossary Terms, LifeStyle, mental health | Tagged: Dan Ariely PhD, demand, efficiency, energy, jevons paradox, mental health, paradox, willaim jevons | Leave a comment »

INSTITUTE: Supply Management (ISM) Manufacturing Index

Posted on January 7, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

Institute for Supply Management (ISM) Manufacturing Index. Now, published on a monthly basis, the ISM surveys more than 300 manufacturing firms on employment, production, new orders, supplier deliveries, and inventories.

A composite diffusion index of national manufacturing conditions is constructed, where readings above (below) 50 percent indicate an expanding (contracting) manufacturing sector.

COMMENTS APPRECIATED

Subscribe and Like

***

Filed under: Funding Basics, Glossary Terms, Risk Management | Tagged: Institute for Supply Management. ISM, ism, manufacturing, manufacturing index, manufacturing sector | Leave a comment »

DAILY UPDATE: Medicare Advantage Bonus Payments as Stocks Rise and Technology Pops

Posted on January 7, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

MEDICAL EXECUTIVE-POST – TODAY’S NEWSLETTER BRIEFING

***

Essays, Opinions and Curated News in Health Economics, Investing, Business, Management and Financial Planning for Physician Entrepreneurs and their Savvy Advisors and Consultants

“Serving Almost One Million Doctors, Financial Advisors and Medical Management Consultants Daily“

A Partner of the Institute of Medical Business Advisors , Inc.

SPONSORED BY: Marcinko & Associates, Inc.

***

Daily Update Provided By Staff Reporters Since 2007.
How May We Serve You?

REFER A COLLEAGUE: MarcinkoAdvisors@outlook.com

SPONSORSHIPS AVAILABLE: https://medicalexecutivepost.com/sponsors/

ADVERTISE ON THE ME-P: https://tinyurl.com/ytb5955z

Your Referral Count -0-

Health plans made billions in Medicare Advantage bonus payments. A yearlong investigation reveals how. (the Wall Street Journal)

CITE: https://tinyurl.com/2h47urt5

The 10-year Treasury note yield ($TNX) is higher by ~3 basis points to 4.63%.

The U.S. Dollar Index ($DXY) is lower by 0.69 to 108.26.

WTI Crude Oil (/CL) is trading higher by 0.68% to $74.46 per barrel.

Gold prices have traded in a range of $2,624.60 to $2,663.80 and were last seen trading lower by 0.39% to $2,644.40/oz.

Natural Gas prices have traded in a range of $3.502-3.726 and were last seen trading higher by 7.30% to $3.599/MMBtu.

Bitcoin (/BTC) is trading higher by 3.83% to $102,114.50 today.

US stocks largely rose on Monday as chip names popped and investors awaited the release of key monthly jobs data later this week.

The S&P 500 (^GSPC) was up about 0.5%, while the Dow Jones Industrial Average (^DJI) fell about 0.1% after being higher for most of the session. The tech-heavy NASDAQ Composite (^IXIC) led the gains, adding about 1.2%, after a tech-led rally on Friday.

Chip stocks rallied after a record revenue and a strong sales forecast from Nvidia (NVDA) server partner Foxconn (2317.TW, HNHPF), which boosted optimism for AI-fueled growth. Shares of Nvidia climbed more than 3%, as the stock closed at a record high. Meanwhile peer Micron Technology (MU) rose over 10%.

COMMENTS APPRECIATED

PLEASE SUBSCRIBE: MarcinkoAdvisors@outlook.com

Thank You

***

EDUCATIONAL TEXTBOOKS: https://tinyurl.com/4zdxuuwf

***

Filed under: Drugs and Pharma, Ethics, Health Insurance, Health Law & Policy, Information Technology, Investing, Marcinko Associates, Recommended Books, Risk Management, Sponsors, Touring with Marcinko | Tagged: DJIA, DOW, Health Insurance, healthcare, insurance, Magnificent 7, Marcinko, medicare, Medicare Advantage, Medicare Part C, MU, NASA, NASDAQ, Nvidia, Part C, S&P 500, Technology, textbooks, TNX, VIX, WSJ | Leave a comment »

CONFABULATION Bias

Posted on January 6, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

Confabulation Bias is the creation of false memories without the intent to deceive. Our brain fills in gaps, sometimes creating memories that feel real but are entirely fabricated.

According to colleague Dan Ariely PhD, this can happen especially when memory gaps are subconsciously filled to maintain coherence.

COMMENTS APPRECIATED

Subscribe and Like

***

Filed under: Ethics, Experts Invited, Glossary Terms, LifeStyle, mental health | Tagged: bias, confabulation, confabulation bias, Dan Ariely PhD, mental health | Leave a comment »

CANADA: Prime Minister Justin Trudeau Resigns

Posted on January 6, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

BREAKING NEWS!

By Staff Reporters

***

***

TORONTO—Canadian Prime Minister Justin Trudeau just announced that he will resign after almost a decade in power, bowing to members of his party who have been calling on him to step aside ahead of an election later this year.

“It has become clear to me that if I’m having to fight internal battles, I cannot be the best option in that election,” said Trudeau in an announcement from the country’s capital, Ottawa.

Cite: 45 minutes ago

COMMENTS APPRECIATED

Subscribe and Refer

***

Filed under: Breaking News, Ethics, LifeStyle | Tagged: canada, Canada Trudeau, Ottawa, Toronto, Trudeau, Trudeau Justin, Trudeau resigns | 1 Comment »

MORALITY Priming

Posted on January 5, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

Morality Priming refers to subtle reminders of ethical principles that can make us behave more responsibly. It’s like an internal nudge that brings our conscience to the surface.

And, according to colleague Dan Ariely PhD, by focusing on moral standards, people are often encouraged to act more honestly, even in small, everyday decisions.

COMMENTS APPRECIATED

Subscribe Today and Refer

***

Filed under: "Doctors Only", Ethics, Glossary Terms, iMBA, Inc., LifeStyle, mental health | Tagged: behavior, Dan Ariely PhD, Ethics, honesty, internal nudge, mental health, moral entrepreneurs, moral standing, morality, morality priming, nudges | Leave a comment »

MAURICE ALLAIS: Behavioral Finance Paradox

Posted on January 5, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Reporters

***

For Question 1, people preferred Prospect A to prospect A , which means: (0.11) u( 1,000,000) > (0.10) u( 5,000,000) For Question 2, people preferred Prospect B to prospect B, which means: (0.10) u( 5,000,000) > (0.11) u( 1,000,000) Allais Paradox. shows that, individuals’ decisions can be inconsistent with Expected Utility Theory.

***

Allais Paradox is a change in a possible outcome that is shared by different alternatives affects people’s choices among those alternatives, in contradiction with expected utility theory.

The Allais paradox is a choice problem designed by Maurice Allais 1953 to show an inconsistency of actual observed choices with the predictions of expected utility theory theory.

According to colleague Dan Ariely PhD, the Allais paradox demonstrates that individuals rarely make rational decisions consistently when required to do so immediately. The independence axiom of expected utility theory, which requires that the preferences of an individual should not change when altering two lotteries by equal proportions, was proven to be violated by the paradox.

COMMENTS APPRECIATED

Like and Subscribe

***

Filed under: Ethics, Experts Invited, Glossary Terms, LifeStyle, mental health | Tagged: Allais, Allais Maurice, Allais paradox, anxiety, Dan Ariely PhD, mental health, paradox, philosophy, psychology, utility theory | Leave a comment »

MONEY Supply in Circulation

Posted on January 4, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

MONEY SUPPLY: The amount of money in circulation. The money supply measures
currently (1985) used by the Federal Reserve System are:

 M 1 – Currency in circulation + demand deposit + other check-type deposits. 35
 M2 – M 1 + savings and small denomination time deposits + overnight repurchase
agreements at commercial banks + overnight Eurodollars + money market mutual
fund shares.
 M3 – M2 + large-denomination time deposits (Jumbo CDs) + term repurchase
agreements.
 M4 – M3 + other liquid assets (such as term Eurodollars, bankers acceptances,
commercial paper, Treasury securities and U.S. Savings Bonds)

COMMENTS APPRECIATED

Like and Subscribe

***

Filed under: "Ask-an-Advisor", Accounting, Financial Planning, Funding Basics, Glossary Terms, Investing, Touring with Marcinko | Tagged: CASH, CDS, checks, euro dollars, FDIC, FOMC, M1, M2, M3, M4, Marcinko, money supply, savings bonds | Leave a comment »

BULLET Bond Structure

Posted on January 4, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

***

***

A Bullet bond structure is a bond portfolio structure that clusters a portfolio’s bond maturities around a single maturity (usually an intermediate-term maturity).

This structure tends to perform best when the yield curve is moving from flat to steep (long-term rates are rising faster than short-term rates, or short-term rates are falling faster than long-term rates).

COMMENTS APPRECIATED

Refer and Subscribe

***

Filed under: Accounting, Experts Invited, Financial Planning, Funding Basics, Glossary Terms, Investing | Tagged: bonds, bullet bond, bullet bond structure, bullet bonds, Marcinko, straight bonds, wallStreetMojo | Leave a comment »

DAILY UPDATE: Dental and Medical Record Data Breaches as Stocks Jump!

Posted on January 4, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

MEDICAL EXECUTIVE-POST – TODAY’S NEWSLETTER BRIEFING

***

Essays, Opinions and Curated News in Health Economics, Investing, Business, Management and Financial Planning for Physician Entrepreneurs and their Savvy Advisors and Consultants

“Serving Almost One Million Doctors, Financial Advisors and Medical Management Consultants Daily“

A Partner of the Institute of Medical Business Advisors , Inc.

SPONSORED BY: Marcinko & Associates, Inc.

***

Daily Update Provided By Staff Reporters Since 2007.
How May We Serve You?

REFER A COLLEAGUE: MarcinkoAdvisors@outlook.com

SPONSORSHIPS AVAILABLE: https://medicalexecutivepost.com/sponsors/

ADVERTISE ON THE ME-P: https://tinyurl.com/ytb5955z

Your Referral Count -0-

Nvidia stock (NVDA) led gains among the “Magnificent Seven” tech stocks to start the new year after a group-wide sell-off in the last days of 2024. Shares of the AI chip-maker rose 4.5% Friday after gaining roughly 3% the prior day.

Stat: 18. That’s how many dental data breaches there were in the US in 2024. (Becker’s Dental + DSO Review)

CITE: https://tinyurl.com/2h47urt5

Quote: “If your credit card gets compromised, your bank will alert you, cancel it and send you get a new one. But your medical records have a long lifespan. They can be misused without detection for long periods of time, because it’s harder to identify malicious activity. That makes them very valuable.”—Geetha Thamilarasu, associate professor at the University of Washington Bothell, on why hackers want healthcare information (the Wall Street Journal)