Author: Admin
‘I have no mortgage’: Is it reckless to cancel my homeowner’s insurance? I can’t justify $4K a year anymore.
“My deductible is $5,000.”
In our December update, we combined the Elliott Wave (EW) Principle with average midterm election-year seasonality and the Armstrong Pi-cycle turn dates and concluded for the S&P 500 (SPX) that“… Provided the index holds above the November 21, 6720 low, the index can set itself up for a subdividing final 5th wave (gray waves W-i, ii, iii, iv, and v), ideally as high as 7490 by approximately April 18-28, 2026.”Fast forward to today, and the SPX is up almost 2% since then, and appears to be subdividing as anticipated. So far, so good. With additional price data now available, we…
My wife, 74, collects survivor benefits on her first husband. Can she now claim on her own Social Security record?
“My wife began receiving survivor benefits at age 60 from her deceased husband.”
As we step into 2025, the gold and silver markets are poised for a transformative year. In the latest episode of Live from the Vault, precious metals expert Andrew Maguire offers a comprehensive analysis of the evolving landscape, highlighting the shifting balance between physical and synthetic gold markets. With insights from recent market trends and regulatory changes, this episode offers invaluable guidance for investors navigating these volatile times. Key Market Developments and Basel III The end of 2024 saw a notable shift in market dynamics, as strong physical buying from Asian markets followed the seasonal end-of-year selling. This pressure is…
EUR/USD prolonged its agony throughout the week, poising to print losses of 0.70%, as it fell 0.20% on Friday, despite the release of mixed economic data in the US. In the European Union, Retail Sales exceeded forecasts, but traders’ focus remains around the dynamics of the US and the Dollar. The pair trades at 1.1636 after hitting a daily peak of 1.1662.Euro remains under pressure despite mixed US data, as investors stay focused on Dollar dynamicsDecember’s US Nonfarm Payroll figures were mixed as the economy added 50K jobs, below forecast for a 60K increase, also below November’s 64K print. Nevertheless,…
Rio Tinto may buy Glencore in an all-stock deal, companies say
The Japanese Yen (JPY) extends its downtrend against a firmer US Dollar (USD) for the fourth straight day, lifting the USD/JPY pair back to the weekly top, around the 157.30 area, during the Asian session on Friday. Worries that consumption momentum could fade if inflation continues to outpace wage growth in early 2026 overshadow an unexpected rise in Japan’s Household Spending data for November. This, in turn, adds to the uncertainty over the timing of the next Bank of Japan (BoJ) rate hike and undermines the JPY amid an escalating China-Japan row.Apart from this, concerns about Japan’s fiscal situation and…
Wells Fargo investment strategists expect lower interest rates, tech-sector growth and international-stock gains in 2026.
USD/CHF is holding near the middle of its 0.7900–0.8100 range as Swiss inflation prints came in line with expectations, BBH FX analysts report. SNB poised to keep policy rate at 0%”USD/CHF is up near the middle of its multi-month 0.7900-0.8100 range. We expect this range to hold.” “Swiss inflation matched expectations in December. Headline CPI was 0.1% y/y vs. 0.0% in November and core CPI printed at 0.5% y/y (consensus: 0.4%) vs. 0.4% in November.” “The Swiss National Bank will keep the policy rate steady for the foreseeable futures. The swaps curve price-in the policy rate to remain around 0.00% over…
This 100-year-old stock-market indicator just flashed a buy signal. Here’s how investors should read it.
A stock-market indicator that has been used by investment analysts for more than a century flashed a bullish signal this week.