As Social Security, Medicare Barrel Toward Insolvency, Pressure Grows on Politicians To Act To Avoid Benefit Cuts
Considering recent news, you may have missed that the 2025 trustees reports for Social Security and Medicare are out. Once again, they confirm what we’ve known for decades: Both programs are barreling straight toward insolvency.
The Social Security retirement trust fund and Medicare Hospital Insurance trust fund are each on pace to run dry by 2033.
Read MoreNYSE Content Advisory: Pre-Market update + S&P 500 trades within 1% of record
NEW YORK, June 25, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins.
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Read MoreStock market flirts with all-time closing record
NEW YORK — The U.S. stock market ran up to the edge of another record on Thursday.
The S&P 500 climbed 0.8% and is sitting just 0.05% below its all-time closing high,
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Read MoreSensex Today | Stock Market LIVE Updates: Nifty hits 9-month high after the longest gaining streak in two months
Sensex Today | Stock Market LIVE Updates: Nifty 50 clocked a four-day rally, the first one since the first week of December 2024. Nifty Bank record high, crossing the 57,300 mark for the first time. A big factor fuelling the rally is the sharp fall in crude oil prices, which are down over 11% this week so far.
Read MoreFTSE 100 LIVE: Stocks rise as Trump threatens to impose up to 35% tariff on Japan
The latest analysis by West One Loans, has revealed that despite overseeing an increased level of work starting on new homes, it appears that, as we approach their one-year anniversary in power, Labour still needs 12 years to honour its headline manifesto pledge on new-build housing delivery.
During the 2024 General Election,
Read MoreThe Burst
“SELL”: Wall Street’s Most Accurate Analyst
When Bank of America’s Chief Investment Strategist turned bullish last month amid a plethora of dire sentiment readings, few paid close attention.
Then the markets rose by 20% off their lows.
So, what is Wall Street’s most accurate analyst saying now?
In a word: SELL.
The Bear Market Is Not Over
According to Hartnett,
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Read MoreThe Ivy
Market Commentary: 53.4% of Money Manager’s Portfolio In Just 7 Stocks
Recently, I stumbled across a little-known New York investment manager, called Wall Street Access Asset Management. What intrigued me about their portfolio is that it holds about 25 positions, however 53.4% of the portfolio is concentrated in just the top 7 holdings.
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