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Berthel Insights 12-6-2021

Berthel Insights 12-6-2021

December 06, 2021
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Weekly Motivation

Gratitude can turn common days into Thanksgivings, turn routine jobs into joy, and change ordinary opportunities into blessings. – William Arthur Ward

Berthel Insights

A few weeks ago, we talked through some insights on how you might improve your communication efforts and the impact that can have on your practice.  Communication is one of those things that you really need to pay consistent attention to…or it won’t improve!  We won’t beat it to death, but we wanted to offer one more communication insight.

When we look for definitions of effective communications, there are a couple of traits that keep recurring.  One of them is to be empathetic.  But what exactly does it mean to be empathetic?  We probably all have an idea in our heads about what empathy looks like, but we wanted a definition to help frame your thinking on empathy and its role in your practice communications.   Think of empathy this way…empathy means feeling WITH someone.  The actual definition of the word includes “the ability to understand and share the feelings of another.”  Compare that to sympathy…which means to feel sorry FOR someone.  Often, empathy and sympathy are thought of as interchangeable.  They’re really not.

See the difference?  And think about how that difference can completely change your communication efforts.

We also talked a bit about bragging humbly.  Well here goes…as we near $9.5 billion in AUM and nearly 400 advisors on the team, we certainly have much to be grateful for.  We believe it’s our unwavering dedication to our representatives and a deep understanding…and empathy for…what it takes to build a business in the field that has allowed us to impact so many awesome advisors.  It’s a privilege we take very seriously, and brag about humbly!


This Week: Key Economic Data

Wednesday: JOLTS (Job Openings and Labor Turnover Survey).

Thursday: Jobless Claims.

Friday: CPI (Consumer Price Index). Consumer Sentiment.

Source: Econoday, December 3, 2021
The Econoday economic calendar lists upcoming U.S. economic data releases (including key economic indicators), Federal Reserve policy meetings, and speaking engagements of Federal Reserve officials. The content is developed from sources believed to be providing accurate information. The forecasts or forward-looking statements are based on assumptions and may not materialize. The forecasts also are subject to revision.

This Week: Companies Reporting Earnings

Monday: Coupa Software (COUP), MongoDB (MDB).

Tuesday: AutoZone, Inc. (AZO).

Wednesday: Gamestop Corp. (GME), UiPath, Inc. (PATH).

Thursday: lululemon athletica, inc. (LULU), Broadcom, Inc. (AVGO), Costco Wholesale Corporation (COST), Chewy (CHWY).

Source: Zacks, December 3, 2021