Daily Life Finance

New Post: How to Make Sure Your Emails Reach Your Audiences in Gmail and Yahoo - Landing your emails in Gmail and Yahoo inboxes is about to get more difficult. In a partnership aimed at fighting spam and spoofing, Google and Yahoo are enforcing new sending guidelines going into effect Feb. 1, 2024. The update is causing concern among companies sending marketing emails. But with the tips below, you’ll handle it successfully and continue to get your campaigns in the inbox. Landing your emails in Gmail and Yahoo inboxes: the rules Gmail and Yahoo are among the most popular email service providers worldwide. Chances are, if your business does email marketing, you have many Gmail and Yahoo contacts on your email list. To reach these inboxes, you must abide by the following guidelines starting February 1. Authenticate your emails Email authentication seems to be Google and Yahoo’s biggest concern. Using a set of specific standards, email authentication verifies the source of an email to ensure it’s legitimate. “Many bulk senders don’t appropriately secure and configure their systems, allowing attackers to easily hide in their midst. To help fix that, we’ve focused on a crucial aspect of email security: the validation that a sender is who they claim to be,” says Neil Kumaran, Google’s Group Product Manager for Gmail Security and Trust. So, what does email authentication entail? Here are the three standards that Google and Yahoo recommend. Although not new, these authentication methods are now a must if you want your emails to reach Gmail and Yahoo inboxes. Sender Policy Framework (SPF) lets you specify the mail servers authorized to send email from your domain. Thus, receiving servers can identify malicious emails that appear to come from your company. DomainKeys Identified Mail Standard (DKIM) prevents spam senders to fake your domain and send email on your behalf. DKIM lets you add a unique signature to your emails to confirm that an email was indeed sent by you and not an impersonator. “When you set up DKIM within your domain provider’s DNS settings, you’re adding another way to tell your receivers: ‘yes, it’s really me who’s sending this message,” Google explains. Domain-based Message Authentication, Reporting and Conformance (DMARC) aligns your SPF and DKIM policies and tells receiving servers how to handle the emails you send that do not pass SPF and DKIM checks. This prevents spoofers from faking your domain and sending spam on your behalf. Setting up SPF, DKIM, and DMARC can be intimidating if you have no experience with email authentication. However, ignoring email authentication isn’t an option—Gmail and Yahoo will mark your messages as spam. So consider using the standards above to secure your domain and protect it from spoofing attacks. Enable one-click unsubscribes Wouldn’t you love getting off an email list in just one click? Well, that update is coming soon, too. Google and Yahoo are forc

New Post: Devour.io Announces Tech Analyst and Media Expert Paul Barron as Advisor - Phoenix, United States, January 29th, 2024, Chainwire Devour, the transformative next-gen web3 food ordering and engagement platform, today announced the addition of Paul Barron as a strategic advisor. Barron brings a wealth of experience and expertise across technology, media, and web3, making him a valuable asset to Devour’s leadership team. Barron is the CEO and Analyst of the Paul Barron Network, a multimedia platform that educates and inspires audiences on the future of technology. With over 20 years of experience in computer science, consumer science, and digital media, Barron leverages his deep knowledge to produce engaging and insightful content across video, podcasts, research, and analytics. His focus areas include cutting-edge technologies like crypto and blockchain, AI, robotics, and consumer tech. Beyond his media ventures, Barron is also the founder of Rever Networks, Inc., a company dedicated to bridging the gap between blockchain advancements and established brands. He is the creator of the Market Sentiment Index, a powerful sentiment analysis tool used by leading players in blockchain, crypto, gaming, and NFTs. “We are thrilled to welcome Paul Barron to our team of advisors,” said Shelly Rupel, CEO of Devour. “His deep understanding of hospitality, gaming, and web3 perfectly aligns with Devour’s mission to redefine Gen Z experiences. Paul’s expertise of gaming trends, and his grasp of web3’s potential are invaluable assets as we shape the future of hospitality.” Barron’s expertise extends beyond technology. He is a recognized thought leader in new media and consumer science, having received numerous awards and honors for his work. He has been featured in prominent publications and media outlets, and his advisory and consulting services are sought after by businesses across various sectors seeking to navigate the ever-evolving tech landscape, integrate blockchain solutions, and prepare for the future of Web3. “Devour’s audacious vision of gamifying food and building communities through tokenized experiences is like rocket fuel for Gen Z engagement,” said Barron. “My expertise in bridging tech and consumer trends is a perfect match for their ambitious mission to meet Gen Z where they live, through tokenized campaigns and food-fueled gaming experiences” Barron’s appointment as advisor underscores Devour’s commitment to building a best-in-class advisory board with the experience and vision to shape the future of web3. His diverse skill set and passion for technology will undoubtedly contribute to Devour’s continued success. About Devour Devour is revolutionizing the digital dining experience with a cutting-edge platform that seamlessly integrates web3 token-gated ordering, promotions, and crypto paymen

New Post: Sotheby’s reports 40% luxury sales boost since the pandemic off Gen Z, millennial’s Instagram shopping - Buoyed by the pandemic, the $1.6 trillion luxury market is having a moment—and Gen Z and millennial buyers are pushing sales numbers to record highs. That’s according to a new report from Sotheby’s, the New York-based auction house. It reported $7.9 billion in total sales in 2023, just below its all-time-high of $8 billion from the year prior. That’s a huge uptick—over 40%—from before the pandemic. And a new wave of young buyers is what’s made the difference. “I’m sure people in their 30s and 40s collectively represent the majority of buyers at Sotheby’s,” said Sotheby’s American Head of Watches Geoff Hess in an interview with Fortune. “We’re seeing a lot of digital and online transactions, much more than ever before. That lends itself very well to a younger generation.” Even as the broader economy has wavered, the luxury goods sector has soared, driven in part by big pandemic gains for the world’s wealthiest. And growing interest from a young class of buyers points to good things ahead for the niche luxury market. Sotheby’s reported a record number of Gen Z buyers aged 20 and under in 2023, 35% higher than in 2022. That fits into the bigger picture of luxury consumers trending younger: Gen X are overtaking Baby Boomers as the most active bidders in Sotheby’s $1 million+ market for the first time since Sotheby’s started recording data in 2018. The number of total bidders in Sotheby’s auctions for 2023, 11% higher than in 2022, set a new record. Hess said that the pandemic pushed prices in the watch market, one of Sotheby’s largest sectors, to new highs. Record bids were driven by speculation and social media—but that wasn’t necessarily a good thing. “We saw this big run-up during Covid. And all of that froth was in large part driven by buyers buying for speculative reasons … it was not atypical to see a watch that was worth $50,000 suddenly selling for $100,000,” said Hess. “However, with the recent pullback in prices, the real collector … who might have felt priced out during Covid … came back into the fold.” Those collectors, the lifelong luxury buyers who drive Sotheby’s business, are younger than ever before. That’s true not just for watches, but across the entire luxury sector. “Last year, 30% of all lots were purchased by those in their 30s and under. So there’s no question that buyers in that age class … are spending considerable sums of money on watches,” said Hess. Hess said that while Asia has emerged as a key growth sector for the luxury goods market in recent years, American buyers were the primary driver of this year’s strong demand. Sotheby’s reported a record number of American buyers in 2023. Middle Eastern participants, another key emerging class of bidders, spent more than ever before. The internet has been

New Post: Q&A: Paul Gamble, CEO of 55ip - Since Paul Gamble became CEO of 55ip in 2017, the fintech startup has undergone several changes. The firm provides investment strategies to financial advisors based on clients' tax needs. It was founded as part of the TIFIN Group, an early-stage startup incubator. Related: J.P. Morgan Buys Automated Tax Tech Company 55ipTwo months after forming a partnership with 55ip for its model portfolios in October 2020, J.P. Morgan Asset Management acquired the company from the TIFIN Group for an undisclosed amount. 55ip has remained an independent subsidiary since the deal became final. In November 2023, Raymond James Financial began integrating 55ip's tax management technology across its managed account platform to make tax-smart transition, rebalancing and ongoing tax-loss harvesting available to its advisors. Related: A Q&A with Vinay Nair, Founder of TIFINGamble took the time to speak with WealthManagement.com about operating 55ip before and after being acquired by J.P. Morgan Asset Management, the company’s burgeoning relationship with Raymond James Financial, using machine learning, monitoring changes in tax law and more. This Q&A has been edited for style, length and clarity. WealthManagement.com: You’ve been the CEO of 55ip since before its acquisition by J.P. Morgan Asset Management. How has this transition affected the business? Paul Gamble: We are operating as an independent branded subsidiary. We help wealth managers, financial advisors and enterprises deliver personalized tax smart management at scale. We also work with other asset managers and enterprises across the asset and wealth management spectrum. Our platform is used by other large asset managers like BlackRock and Fidelity Investments. It also allows us to work with large enterprises, including Raymond James Financial. J.P. Morgan Asset Management allows us to operate independently but then take advantage of the strength of their balance sheet, operations and controls. It has been a nice marriage for both companies. WM: I’m glad you mentioned Raymond James Financial because that is where some advisors I’ve spoken with have encountered 55ip in their work. How did that partnership come about and how do you see the two companies moving forward together? PG: We’re excited about the relationship with Raymond James, which is one of the largest wealth management platforms in the U.S. Wealth managers will often have different investment programs for their advisors. We feel privileged that after a long search Raymond James selected us to be the tax management technology overlay provider for their models, SMA and UMA programs. We’ll help advisors figure out how to transition from one portfolio to another and mitigate the tax consequences. Once you’re in the program and product of choice with your client, we can manage all the rebalancing. We can take advantage of tax loss h

New Post: Stocks Steady, Yields Dip Ahead Of Action-packed Week - By Alun John and Kevin Buckland LONDON/TOKYO (Reuters) -European shares were at their highest since January 2022 and bond yields dipped on Monday, at the start of a packed week of big corporate earnings, European inflation data, Federal Reserve and Bank of England meetings and U.S. jobs numbers. Europe’s broad STOXX 600 index briefly touched a fresh two-year high and was last flat on the day after its biggest weekly gain in over two months last week. U.S. share futures were also steady, suggesting no immediate threat to the S&P 500’s position at all-time highs, boosted by data this year showing economic growth is holding up while inflation continues to fall, potentially allowing the Federal Reserve to start cutting interest rates. Asian shares rose as new steps by Beijing to stabilise the local market outweighed the drag on sentiment from the liquidation of property giant China Evergrande. But there is plenty on the agenda this week that could disrupt this broadly positive tone. Five of the ‘Magnificent Seven’ large U.S. tech stocks that have dominated U.S. markets in recent months report earnings this week, while the Fed concludes its rate setting meeting on Wednesday and always crucial non-farm payrolls come Friday. “There is scope for U.S. rate cut expectations to bounce around this week,” said Jane Foley, head of FX strategy at Rabobank. “Many economists warned last time around that (Federal Reserve Chair Jerome) Powell would push back against market expectations of rate cuts, and he chose not to, so we will have to see what he does.” “That then feeds into non-farm payrolls, particularly wage inflation, as even if we have Powell not pushing back on expectations, if the wage inflation aspect of the payrolls is a little firmer, the market will read that as they need to be careful, and that March rate cuts are too early.” U.S. yields dropped sharply in November and December last year, helping shares to rally, on expectations that Fed rate cuts could come as soon as March, though they have risen this year as traders pared back bets. Economists mostly predict June for the first cut, but traders are pricing the odds on a March move at essentially a coin toss, according to CME Group’s FedWatch Tool. Friday data showed continued moderation in U.S. consumer inflation, which added to the narrative of Fed rate cuts in the coming months but also suggested policymakers were under little pressure to rush. The dollar and U.S. Treasury yields were in the middle of recent ranges on Monday, with the benchmark 10 year yield down nearly 6 basis points (bps) at 4.101%, though set for an increase of 25 bps in January. Investors were also sensitive to geopolitical risks with oil rising after a Houthi missile attack caused a fire on a fuel tanker in the Red Sea and a drone attack killed three U.S. troops in Jordan. In Asia, the main drag to stocks came from a Hong

New Post: Limit Reached – Join the EU-Startups CLUB - €147/Quarter This option is ideal for corporates and investors who want to stay up-to-date regarding Europe's most promising startups, have full access to our startup database, while also having the opportunity to post unlimited \(free\) job posts on the EU-Startups Job Board. The membership fee will be billed quarterly \(excluding VAT\). Unrestricted Access to 7500+ posts \(instead of 7 posts/week\)Weekly overview of all European funding roundsUnrestricted Access to our Startup Database with 25000 entriesUnlimited \(free\) Posts on the EU-Startups Job BoardDiscounts for our Premium Reports: 50%Discounts for our Events + Webinars: 25%Quarterly CLUB calls \(online\) with our Team + CommunityAccess to 25+ exclusive SaaS deals and event discounts !function\(f,b,e,v,n,t,s\) \{if\(f.fbq\)return;n=f.fbq=function\(\)\{n.callMethod? n.callMethod.apply\(n,arguments\):n.queue.push\(arguments\)\}; if\(!f._fbq\)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=\[\];t=b.createElement\(e\);t.async=!0; t.src=v;s=b.getElementsByTagName\(e\); s.parentNode.insertBefore\(t,s\)\}\(window, document,'script', 'https://lnkd.in/duNKrA5X); fbq\('init', '154586475232058'\); fbq\('track', 'PageView'\); #Limit #Reached #Join #EUStartups #CLUBhttps://lnkd.in/dXePk386

New Post: Upcoming Token Unlocks Could See Optimism, dYdX Face Bearish Headw… - Upcoming Token Unlocks Could See Optimism, dYdX Face Bearish Headwinds NEW DELHI (CoinChapter.com) — Several crypto projects have upcoming token unlocks scheduled for the week beginning Jan. 29. Crypto projects usually lock up a portion of their token supply to ensure that early adopters and investors do not offload large quantities of a token once the project goes live. However, the developers unlock these tokens gradually over a period of time. Despite the slow disbursal, market participants often view token unlocks with apprehension since traders could sell their tokens to book profits. More often than not, token unlock events have preceded bearish times for a token. Optimism And DYDX Lead The Upcoming Token Unlock Event Etheruem layer-2 blockchain Optimism (OP) and decentralized exchange dydX (DYDX) have massive token unlocks lined up. Optimism will unlock nearly 24.2 million OP tokens (about 2.52% of its circulating supply) on Jan. 30. The total value of the upcoming unlock is close to $75 million, per TokenUnlocks data. The previous token unlock for Optimism tokens occurred on Jan. 9 earlier this year. Though OP prices crashed on Jan. 12, the likely reason was the wider market behavior, not just the token unlock. Yet, OP hodlers would be closely watching the token unlock. Should OP prices start falling, it might create FUD, resulting in newbie traders dumping their holdings and increasing the selling pressure. However, OP price remains bullish, spiking over 13% since Jan. 25 to reach a daily high near $3.1 on Jan. 29. DYDX token unlock event is upcoming. dYdX will unlock 33.33 million DYDX tokens on Feb. 1, which amounts to nearly 10.6% of its total circulating supply. The total value of the upcoming token unlock is $91 million. Per data provider TokenUnlocks, the previous DYDX token unlock event was on Jan. 24, in which the project released 1.58 million tokens. Immediately following the unlock, DYDX price dropped nearly 3% on Jan. 25. Other Crypto Projects With Token Unlocks This Week Apart from Optimism and dYdX, some other crypto projects have token unlocks lined up for the coming week. Nym Mixnet is a blockchain platform that provides users with internet privacy infrastructure. The project has a token unlock event lined up for Jan. 31 to release 3.13 million NYM tokens worth $598,000 into the market. Over 70% of the project’s tokens are already unlocked, and the upcoming token unlock would amount to nearly 0.5% of NYM’s total circulating supply. Several other crypto projects have upcoming token unlocks this week. Blockchain platform SUI also has a token unlock lined up, with 4 million SUI tokens worth $5.56 million set to release on Jan. 31. Moreover, lending protocol Euler will unlock over 104,000 EUL tokens on Feb. 1. The team at Euler has already unlocked over 81% of its total supply.

New Post: Demand for Super Bowl tickets soars - Planning to attend Super Bowl 58, but don’t have a ticket? You’re going to need to hit the jackpot. Maybe twice. The secondary market price for the big game at this point is the highest in recorded history, with just one exception: the 2021 Super Bowl, when only 25,000 fans were allowed into the stadium due to COVID-19 protocols. With nearly two weeks to go before kickoff, the average price stood at $11,028 as of 11:00 a.m. ET, according to Ticket IQ. That’s $276 higher than it was just a few hours prior. The cheapest ticket currently costs $8,300. And if you have an especially good run at the craps table, you can splurge for the East Suite along the 30-35 yard line. That will run you $62,472. Even parking for the game is commanding ridiculous prices. A pass for the Delano Parking Garage is going for $688. That $8,300 get-in price is significantly higher than last year’s matchup between the Chiefs and Eagles. Fans at this point were paying less than $6,000 for the game. (The 2021 Super Bowl, for comparison, had a get-in price of $9,223 13 days before kickoff.) The ticket inflation has nothing to do with Taylor Swift and everything to do with the host city. Sports fans routinely pay more for NFL activities in Las Vegas. The average secondary market ticket for a Raiders game cost $1,035 this year, versus a league average of $416—a 149% difference. With nearly two weeks before the game, prices are likely to fluctuate, though whether they’ll go higher or lower… well, that’s the gamble fans will have to take. The Kansas City Chiefs will face the San Francisco 49ers at Allegiant Stadium on Feb. 11.Subscribe to the CFO Daily newsletter to keep up with the trends, issues, and executives shaping corporate finance. Sign up for free. #Demand #Super #Bowl #tickets #soarshttps://lnkd.in/dAvqKDxg

New Post: The Self-Healing Mechanism of Risk Assets - Academic research into investor behavior has uncovered many behavioral biases that cause investors to make poor decisions, leading them to underperform the very funds in which they invest. My book, Investment Mistakes Even Smart Investors Make and How to Avoid Them, discussed 77 errors investors make that lead to the destruction of returns. Among the most common is recency bias—the tendency to overweight recent events/trends, projecting them into the future, while ignoring long-term evidence. Performance chasing—buying after periods of strong performance when valuations are higher and expected returns are lower, and selling after periods of poor performance when valuations are lower and expected returns are higher—is not a prescription for successful investing. Yet, because of recency bias, it is what many individuals do. What disciplined investors do is the opposite—rebalance to maintain their well-thought-out allocation to risky assets. Related: Adjusted for Risk: What Would Macro Strategist David Ader Do if He Was Fed Chairman?The Causes of Poor Returns When risk assets have poor returns, it is usually due to a combination of poor performance (falling earnings or producing losses) and falling valuations. Because the best predictor we have of future equity returns is the earnings yield (the inverse of the P/E ratio—E/P), falling valuations mean that future expected returns are now higher. Investors subject to recency bias fail to understand that, leading them to sell instead of buying. Related: Top 10 Trends Shaping Wealth Management in 2024For example, after underperforming one-month Treasury bills from 1929-43, the CAPE 10 fell from 25.3 to just 10.7. From 1944 through 1965, the S&P returned 15.0%, outperforming one-month Treasury bills by 13.2 percentage points per annum. Similarly, after underperforming one-month Treasury bills from 1966 through 1983, the CAPE 10 fell from 19.7 to just 9.8. From 1984 through 1999, the S&P 500 returned 18.1%, outperforming one-month Treasury bills by 12.3 percentage points per annum. And after underperforming one-month Treasury bills from 2000 through 2012, the CAPE 10 fell from 44.2 to 21.2. From 2013 through 2021, the S&P 500 returned 12.6% per annum, outperforming one-month Treasury bills by 11.0 percentage points per annum. Falling valuations are a “self-healing” mechanism. Similarly, the S&P’s loss of 18.1% in 2022 resulted in the CAPE 10 falling from 38.3 to 28.3. When value stocks underperform growth stocks, the spread in valuations between the two widens. Because the spread in valuations informs future relative returns, a wider spread forecasts a higher value premium. A good example of the self-healing mechanism at work is that value stocks underperformed by wide margins during the late 1990s technology/dotcom boom. For example, from 1995-1999 the S&P 500 G

New Post: Philips Suspends Sales of CPAP and Other Breathing Devices After Recall - Philips Respironics announced on Monday that it would halt sales of all of its breathing machines in the United States after reaching a settlement with the Food and Drug Administration over continuing problems with the devices.Millions of the company’s ventilators and CPAP machines, used to ease breathing at night, were recalled after reports that they blew bits of foam and potentially toxic gases into consumers’ airways.Under the settlement, Philips said it would have to meet a list of standards in a “multiyear” plan before it could resume business in the United States. The company said further details would be disclosed when the agreement was finalized in court. But it added that it would continue to repair existing devices and provide service for people using them.The company initially began the recall of millions of devices in June 2021 and paused sales of new sleep therapy machines to the United States, according to Steve Klink, a spokesman for Philips. At the time, the company and the F.D.A. cited the potential for serious injury or permanent impairment from the potentially cancer-causing chemicals emitted from the devices.The company has since released results of additional testing, saying the devices were “not expected to result in appreciable harm to health in patients,” and it said it was continuing to conduct tests. The F.D.A. has pushed back on some of the company’s updated claims, and at one point called them “unpersuasive.” Philips has also faced continuing scrutiny and undertaken more recalls in its attempts to upgrade the devices.Dr. Jeff Shuren, director of the F.D.A.’s device division, said the agency could not comment until the agreement was finalized and filed with the court.The initial recall affected about 15 million breathing machines produced since 2006, though roughly five million were still in circulation in mid-2021.With replacements not immediately available, the recall caused confusion and upset for many doctors and patients. Many struggled to weigh the risk of continuing to use a faulty device against the peril of sleeping with impaired breathing.Millions of people suffer from sleep apnea, or interrupted breathing, which is associated with elevated rates of strokes, heart attacks and possible cognitive decline. Recalled machines included CPAP, or continuous positive airway pressure, machines; BiPap devices; and ventilators.Philips, which is based in Amsterdam, disclosed that it had reached an agreement, or a consent decree, that was brokered with the U.S. Justice Department and the F.D.A., along with the announcement of its fourth-quarter earnings. The company said it wrote down about $363 million euros related to the cost of completing the settlement requirements. Its stock, which trades in the United States, was down about 7 percent Monday morning.The company said it would continue to sell its products in other c