2 hours ago
U.S. median household income hit a record $87,460 in 2025, but lower-income earners saw no meaningful gains while top earners' income has surged 121% over 58 years.
Gasoline prices surged 27%, shelter rose 3%, and hospital services climbed 5% year-over-year, eroding purchasing power for households already spending most income on essentials.
Investors should favor companies with durable pricing power in essential categories and businesses built to serve cost-conscious consumers trading down on discretionary spending.
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The latest Census Bureau data delivers a headline that sounds almost too good to be true: American households earned more in 2025 than ever before. But the numbers also explain why a record income figure can coexist with a persistent sense that the household budget is under pressure.
#earners #households
Gasoline prices surged 27%, shelter rose 3%, and hospital services climbed 5% year-over-year, eroding purchasing power for households already spending most income on essentials.
Investors should favor companies with durable pricing power in essential categories and businesses built to serve cost-conscious consumers trading down on discretionary spending.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
The latest Census Bureau data delivers a headline that sounds almost too good to be true: American households earned more in 2025 than ever before. But the numbers also explain why a record income figure can coexist with a persistent sense that the household budget is under pressure.
#earners #households
2 days ago
By Lucia Mutikani
WASHINGTON, Sept 16 (Reuters) - U.S. retail sales rebounded sharply in August as households boosted purchases of a range of goods while also spending more at restaurants and bars, reinforcing the economy's resilience even as consumers grow more anxious about high inflation.
The stronger-than-expected report from the Commerce Department on Wednesday prompted economists to upgrade their gross domestic product growth estimates for the third quarter. Together with other data on Wednesday showing a surge in import prices last month, strong demand sealed the argument for a widely anticipated interest rate increase from the Federal Reserve later in the day, economists said.
The reports followed data this month showing producer and consumer prices accelerated in August, while the labor market regained its poise after wobbling through much of summer.
"This reaffirms that the economy is more than capable of handling higher interest rates, providing the Fed plenty of scope to hike to get inflation under control," said Bradley Saunders, North America economist at Capital Economics.
#economists #data #month
WASHINGTON, Sept 16 (Reuters) - U.S. retail sales rebounded sharply in August as households boosted purchases of a range of goods while also spending more at restaurants and bars, reinforcing the economy's resilience even as consumers grow more anxious about high inflation.
The stronger-than-expected report from the Commerce Department on Wednesday prompted economists to upgrade their gross domestic product growth estimates for the third quarter. Together with other data on Wednesday showing a surge in import prices last month, strong demand sealed the argument for a widely anticipated interest rate increase from the Federal Reserve later in the day, economists said.
The reports followed data this month showing producer and consumer prices accelerated in August, while the labor market regained its poise after wobbling through much of summer.
"This reaffirms that the economy is more than capable of handling higher interest rates, providing the Fed plenty of scope to hike to get inflation under control," said Bradley Saunders, North America economist at Capital Economics.
#economists #data #month
2 days ago
U.S. median household income hit a record $87,460 in 2025, but lower-income earners saw no meaningful gains while top earners' income has surged 121% over 58 years.
Gasoline prices surged 27%, shelter rose 3%, and hospital services climbed 5% year-over-year, eroding purchasing power for households already spending most income on essentials.
Investors should favor companies with durable pricing power in essential categories and businesses built to serve cost-conscious consumers trading down on discretionary spending.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
The latest Census Bureau data delivers a headline that sounds almost too good to be true: American households earned more in 2025 than ever before. But the numbers also explain why a record income figure can coexist with a persistent sense that the household budget is under pressure.
#income #earners #surged
Gasoline prices surged 27%, shelter rose 3%, and hospital services climbed 5% year-over-year, eroding purchasing power for households already spending most income on essentials.
Investors should favor companies with durable pricing power in essential categories and businesses built to serve cost-conscious consumers trading down on discretionary spending.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
The latest Census Bureau data delivers a headline that sounds almost too good to be true: American households earned more in 2025 than ever before. But the numbers also explain why a record income figure can coexist with a persistent sense that the household budget is under pressure.
#income #earners #surged
2 days ago
WASHINGTON, Sept 16 (Reuters) - U.S. retail sales rebounded more than expected in August as households stepped up purchases of motor vehicles and stocked up for the new school year, reinforcing the economy's resilience even as consumers grow more anxious about high inflation.
Retail sales jumped 1.2% last month after a revised 0.5% drop in July, which was the first decline in nine months, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, rebounding 0.8% after a previously reported 0.6% drop in July. Estimates ranged from as low as a 0.2% gain to as high as a 1.1% increase.
Last month's increase also partially reflected higher gasoline prices, which lifted receipts at service stations.
Households have continued to spend despite stubbornly high inflation because of the oil price shock and supply chain strains from the U.S.-led war with Iran. Consumers have, however, become more selective and are seeking lower-priced goods. Consumer sentiment deteriorated this month.
Spending is being supported by steady wage growth and recent stock market gains. Households are also saving less and tapping into their nest eggs. The strength in retail sales, together with elevated price pressures and a labor market that is regaining its poise after wobbling through much of summer, further strengthens financial market expectations that the Federal Reserve will raise interest rates later on Wednesday.
#sales #wednesday
Retail sales jumped 1.2% last month after a revised 0.5% drop in July, which was the first decline in nine months, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, rebounding 0.8% after a previously reported 0.6% drop in July. Estimates ranged from as low as a 0.2% gain to as high as a 1.1% increase.
Last month's increase also partially reflected higher gasoline prices, which lifted receipts at service stations.
Households have continued to spend despite stubbornly high inflation because of the oil price shock and supply chain strains from the U.S.-led war with Iran. Consumers have, however, become more selective and are seeking lower-priced goods. Consumer sentiment deteriorated this month.
Spending is being supported by steady wage growth and recent stock market gains. Households are also saving less and tapping into their nest eggs. The strength in retail sales, together with elevated price pressures and a labor market that is regaining its poise after wobbling through much of summer, further strengthens financial market expectations that the Federal Reserve will raise interest rates later on Wednesday.
#sales #wednesday
4 days ago
SPY surged 11% year-to-date while home prices hit all-time highs, powering a record $12.5 trillion single-quarter wealth gain to $185.7 trillion total.
The personal saving rate collapsed to 2.8% from 5.8% a year ago as Americans spend paper gains concentrated among the wealthiest households.
Household net worth hit 571% of GDP, just shy of the 574% record that previously preceded the Fed's most aggressive rate-hiking cycle in four decades.
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American households just booked the largest quarterly wealth gain in history, and most Americans do not feel any richer. Federal Reserve data released this month shows U.S. household net worth jumped $12.5 trillion in the second quarter of 2026, reaching a record $185.7 trillion. That single-quarter increase exceeds the annual gross domestic product of every country on earth except the United States and China. It is the eleventh straight quarter of gains, a streak that has added $43.4 trillion to household balance sheets and pushed ***** ulative wealth creation since the 2020 pandemic to $83.9 trillion. Yet the University of Michigan's consumer sentiment index came in at 55.2 in July, a level the survey's own interpretation guide classifies as recessionary.
#trillion #quarter #record #year
The personal saving rate collapsed to 2.8% from 5.8% a year ago as Americans spend paper gains concentrated among the wealthiest households.
Household net worth hit 571% of GDP, just shy of the 574% record that previously preceded the Fed's most aggressive rate-hiking cycle in four decades.
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American households just booked the largest quarterly wealth gain in history, and most Americans do not feel any richer. Federal Reserve data released this month shows U.S. household net worth jumped $12.5 trillion in the second quarter of 2026, reaching a record $185.7 trillion. That single-quarter increase exceeds the annual gross domestic product of every country on earth except the United States and China. It is the eleventh straight quarter of gains, a streak that has added $43.4 trillion to household balance sheets and pushed ***** ulative wealth creation since the 2020 pandemic to $83.9 trillion. Yet the University of Michigan's consumer sentiment index came in at 55.2 in July, a level the survey's own interpretation guide classifies as recessionary.
#trillion #quarter #record #year
5 days ago
Americans ages 65–74 have a median net worth of $410,000, the highest of any age group.
About 76% own a home and 51% have a retirement account, making home equity and savings the biggest drivers of wealth at this stage.
Debt is less common but still present, with roughly 65% carrying some debt and about a third holding a credit card balance.
Americans ages 65–74 are typically in retirement or just a few years removed from full-time work, making this a key moment to ******* s how wealth looks once paychecks have largely stopped. For many households, this stage represents the high-water mark for net worth before savings begin to be drawn down.
According to the Federal Reserve's latest Survey of Consumer Finances, the median net worth for households in this age range is $410,000, the highest of any age group in the U.S.
#americans #highest
About 76% own a home and 51% have a retirement account, making home equity and savings the biggest drivers of wealth at this stage.
Debt is less common but still present, with roughly 65% carrying some debt and about a third holding a credit card balance.
Americans ages 65–74 are typically in retirement or just a few years removed from full-time work, making this a key moment to ******* s how wealth looks once paychecks have largely stopped. For many households, this stage represents the high-water mark for net worth before savings begin to be drawn down.
According to the Federal Reserve's latest Survey of Consumer Finances, the median net worth for households in this age range is $410,000, the highest of any age group in the U.S.
#americans #highest
5 days ago
The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs are impacting the decisions of both households and businesses.
Here's a snapshot of prominent economic data and news that occurred over the past week and what it potentially means for you.
U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters as midterm elections near.
The Labor Department said Friday that the consumer price index rose 3.4% last month compared with a year ago, the same as in July. But on a monthly basis, inflation accelerated, as costs jumped 0.4% from July to August, up from an increase of just 0.1% the previous month.
The figures show that inflation remains stubbornly elevated, more than five years after prices first soared as the economy emerged from the COVID pandemic. Persistent inflation has presented a major challenge for the inflation-fighters at the Federal Reserve and has soured many voters on the Trump administration's economic management.
#year
Here's a snapshot of prominent economic data and news that occurred over the past week and what it potentially means for you.
U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters as midterm elections near.
The Labor Department said Friday that the consumer price index rose 3.4% last month compared with a year ago, the same as in July. But on a monthly basis, inflation accelerated, as costs jumped 0.4% from July to August, up from an increase of just 0.1% the previous month.
The figures show that inflation remains stubbornly elevated, more than five years after prices first soared as the economy emerged from the COVID pandemic. Persistent inflation has presented a major challenge for the inflation-fighters at the Federal Reserve and has soured many voters on the Trump administration's economic management.
#year
5 days ago
Affordability in a car market usually looks like a math problem. Every so often it turns out to be a permission problem.
Americans have spent four years watching window stickers climb and calling it inflation. The average new vehicle sold for $50,089 in August, the first month of 2026 that the industry average cleared $50,000, according to Kelley Blue Book.
Buyers feel it without reading the data.
"Many American households are under significant financial pressure," said Erin Keating, executive ***** yst at ***** Automotive, in comments published by Kelley Blue Book.
Electric cars sit higher up the ladder. The cheapest new EV on sale in the U.S. starts at $29,990 before destination, a price Nissan (NSANY) called "the lowest starting MSRP for any new EV currently on sale in the U.S.," according to Electrek.
#according
Americans have spent four years watching window stickers climb and calling it inflation. The average new vehicle sold for $50,089 in August, the first month of 2026 that the industry average cleared $50,000, according to Kelley Blue Book.
Buyers feel it without reading the data.
"Many American households are under significant financial pressure," said Erin Keating, executive ***** yst at ***** Automotive, in comments published by Kelley Blue Book.
Electric cars sit higher up the ladder. The cheapest new EV on sale in the U.S. starts at $29,990 before destination, a price Nissan (NSANY) called "the lowest starting MSRP for any new EV currently on sale in the U.S.," according to Electrek.
#according
5 days ago
As continuous inflation squeezes household budgets, the discount retail sector should potentially benefit across the board, with middle- and lower-income consumers looking for value driving foot traffic into value chains. That's roughly what happened in the second-quarter reports from Dollar General Corporation (NYSE:DG) and Dollar Tree, Inc. (NASDAQ:DLTR), both of which were released in late August. Both retailers outperformed expectations, though only one company's stock was rewarded for this.
Dollar General Corporation (NYSE:DG) reported second-quarter results on August 27 that exceeded expectations, and shares rose more than 6.5% in premarket trading. Net sales increased 5.2% to $11.29 billion, surpassing the $11.2 billion market forecast, while diluted EPS came in at $2.48, up 33.3% year-over-year and well above the $2.01 ******* ysts projected. Same-store sales increased 3.5%, driven by a 2.0% increase in customer traffic and a 1.5% increase in average transaction amount, marking the fifth consecutive quarter of traffic growth and the sixth consecutive quarter of positive comps across all four merchandise categories.
Management improved their full-year estimate across the board: same-store sales growth is now expected to be 2.5% to 2.9%, up from 2.2% to 2.7% before, while full-year EPS guidance increased to $7.80-$8.00 from $7.20-$7.45. Tariff refunds, a lower LIFO provision, and improved shrink and damages helped increase the gross margin by 127 basis points to 32.6%. CEO Todd Vasos also pointed to continued market share gains from higher-income households switching away from traditional grocers, a trend the company has cited for several quarters, with management announcing plans to resume up to $700 million in share buybacks in the latter half of the year, backed by remodels under its Project Renovate and Project Elevate initiatives.
Dollar Tree's results, released on August 27, indicate a more complicated situation. Diluted EPS came in at $2.70, including a $1.31-per-share net benefit related to tariff refunds, while revenue increased 7% year-over-year to $4.89 billion. Comparable store sales up 3.7%, driven by a 3.3% gain in average ticket and a 0.4% increase in traffic, a return to positive traffic that occurred a full quarter ahead of management's internal plan.
However, the headline figure includes an important caveat: $1.31 of the $2.70 in EPS came from the net impact of $383 million in IEEPA tariff refunds after related reinvestment spending, duties, and taxes. Strip that out, and underlying EPS was $1.39, above the $1.00-$1.15 range management had guided to in May and about 23% above the $1.13 consensus estimate.
#TRAFFIC
Dollar General Corporation (NYSE:DG) reported second-quarter results on August 27 that exceeded expectations, and shares rose more than 6.5% in premarket trading. Net sales increased 5.2% to $11.29 billion, surpassing the $11.2 billion market forecast, while diluted EPS came in at $2.48, up 33.3% year-over-year and well above the $2.01 ******* ysts projected. Same-store sales increased 3.5%, driven by a 2.0% increase in customer traffic and a 1.5% increase in average transaction amount, marking the fifth consecutive quarter of traffic growth and the sixth consecutive quarter of positive comps across all four merchandise categories.
Management improved their full-year estimate across the board: same-store sales growth is now expected to be 2.5% to 2.9%, up from 2.2% to 2.7% before, while full-year EPS guidance increased to $7.80-$8.00 from $7.20-$7.45. Tariff refunds, a lower LIFO provision, and improved shrink and damages helped increase the gross margin by 127 basis points to 32.6%. CEO Todd Vasos also pointed to continued market share gains from higher-income households switching away from traditional grocers, a trend the company has cited for several quarters, with management announcing plans to resume up to $700 million in share buybacks in the latter half of the year, backed by remodels under its Project Renovate and Project Elevate initiatives.
Dollar Tree's results, released on August 27, indicate a more complicated situation. Diluted EPS came in at $2.70, including a $1.31-per-share net benefit related to tariff refunds, while revenue increased 7% year-over-year to $4.89 billion. Comparable store sales up 3.7%, driven by a 3.3% gain in average ticket and a 0.4% increase in traffic, a return to positive traffic that occurred a full quarter ahead of management's internal plan.
However, the headline figure includes an important caveat: $1.31 of the $2.70 in EPS came from the net impact of $383 million in IEEPA tariff refunds after related reinvestment spending, duties, and taxes. Strip that out, and underlying EPS was $1.39, above the $1.00-$1.15 range management had guided to in May and about 23% above the $1.13 consensus estimate.
#TRAFFIC
7 days ago
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High-income households can use what's called a "backdoor Roth" to utilize a Roth IRA despite the program's standard income restrictions. This can be an effective way to build a tax-free stream of income for your retirement, and it is a completely legal strategy.
Whether this method will reduce your taxes depends heavily on your tax rates now versus what you'll pay in retirement. For some high-earners, a Roth IRA can actually be a money loser if it means you end up spending more on taxes today than you will save on taxes in retirement.
Do you have questions about taxes and retirement planning? Speak with a financial advisor today.
A Roth IRA is what's called a "post-tax" retirement account. This means that you contribute to it with money that you've already paid taxes on. Then, in retirement, you make withdrawals on both your contributions and any growth completely tax-free. The idea is that it's more expensive upfront to build a Roth IRA compared with a pre-tax portfolio like a traditional IRA or 401(k), but you save taxes on your portfolio at its peak value as a retiree.
#Retirement #completely
High-income households can use what's called a "backdoor Roth" to utilize a Roth IRA despite the program's standard income restrictions. This can be an effective way to build a tax-free stream of income for your retirement, and it is a completely legal strategy.
Whether this method will reduce your taxes depends heavily on your tax rates now versus what you'll pay in retirement. For some high-earners, a Roth IRA can actually be a money loser if it means you end up spending more on taxes today than you will save on taxes in retirement.
Do you have questions about taxes and retirement planning? Speak with a financial advisor today.
A Roth IRA is what's called a "post-tax" retirement account. This means that you contribute to it with money that you've already paid taxes on. Then, in retirement, you make withdrawals on both your contributions and any growth completely tax-free. The idea is that it's more expensive upfront to build a Roth IRA compared with a pre-tax portfolio like a traditional IRA or 401(k), but you save taxes on your portfolio at its peak value as a retiree.
#Retirement #completely
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to go
10 days ago
By Michael S. Derby
NEW YORK, Sept 8 (Reuters) - U.S. consumers' outlook for inflation was little changed in August, as households' worries about the job market and the state of their personal finances mounted, the New York Federal Reserve said in a report on Tuesday.
The regional Fed bank's latest Survey of Consumer Expectations showed respondents holding steady in August to projections of 3.6% inflation a year from now and 3% five years from now, while marking down expected inflation in three years to 3.2% from July's 3.3%.
Respondents in August projected higher gasoline prices in a year, the report said.
While households' inflation forecasts did not move much, their outlook on hiring and personal finances became more tenuous.
#august #report #year
NEW YORK, Sept 8 (Reuters) - U.S. consumers' outlook for inflation was little changed in August, as households' worries about the job market and the state of their personal finances mounted, the New York Federal Reserve said in a report on Tuesday.
The regional Fed bank's latest Survey of Consumer Expectations showed respondents holding steady in August to projections of 3.6% inflation a year from now and 3% five years from now, while marking down expected inflation in three years to 3.2% from July's 3.3%.
Respondents in August projected higher gasoline prices in a year, the report said.
While households' inflation forecasts did not move much, their outlook on hiring and personal finances became more tenuous.
#august #report #year
10 days ago
(NewsNation) — Rising costs continue to squeeze American households, with prices climbing across groceries, gas and health insurance.
Beef prices have jumped for numerous reasons, including a shrinking U.S. cattle herd, drought, consumer demand, and inflation. Ground beef prices are nearing $7 per pound, up $0.63 since July 2025, and sirloin steaks have jumped to nearly $15 per pound, up $1.04 since July 2025.
Food prices in July 2026 were 3% higher than in July 2025, per the U.S. Department of Agriculture's Economic Research Service.
The ongoing war in Iran has led to rising gas prices, with the national average currently at about $4.14, nearly a dollar higher than it was just a year ago, according to AAA.
Trump administration drafts proposal to pay stay-at-home parents
#beef #higher
Beef prices have jumped for numerous reasons, including a shrinking U.S. cattle herd, drought, consumer demand, and inflation. Ground beef prices are nearing $7 per pound, up $0.63 since July 2025, and sirloin steaks have jumped to nearly $15 per pound, up $1.04 since July 2025.
Food prices in July 2026 were 3% higher than in July 2025, per the U.S. Department of Agriculture's Economic Research Service.
The ongoing war in Iran has led to rising gas prices, with the national average currently at about $4.14, nearly a dollar higher than it was just a year ago, according to AAA.
Trump administration drafts proposal to pay stay-at-home parents
#beef #higher
10 days ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Americans, on the whole, owe a lot of money. Collectively, households across the country owe $18.8 trillion (1) to creditors, with mortgage debt accounting for around $13.1 trillion of that amount.
Experian data also showed the average American's debt was $104,755 as of June 2025 (2). That's a substantial sum given that the median household income was just $83,730 in 2024 (3).
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#Gold #debt #finance #june
Americans, on the whole, owe a lot of money. Collectively, households across the country owe $18.8 trillion (1) to creditors, with mortgage debt accounting for around $13.1 trillion of that amount.
Experian data also showed the average American's debt was $104,755 as of June 2025 (2). That's a substantial sum given that the median household income was just $83,730 in 2024 (3).
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#Gold #debt #finance #june
11 days ago
Americans are throwing big cash sums into college 529 plans, with U.S. households holding about 19.9 million total accounts, representing over $600 billion in **** ets by the end of 2025, according to the Education Data Initiative.
Now, Americans with no plans to attend college are using 529 plans as a retirement-plan booster.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#data #initiative
Now, Americans with no plans to attend college are using 529 plans as a retirement-plan booster.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#data #initiative
13 days ago
Running two homes doubles property taxes, insurance, utilities, and maintenance costs against a Case-Shiller index sitting near a record high of 337.
New York's tax burden of $10,828 per capita versus Florida's $5,110 makes domicile choice the highest-impact financial decision over a 30-year retirement.
Medicare Advantage plans are region-locked, so snowbirds often land without in-network coverage in their second state beyond emergency care.
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Over a winter dinner, just about everyone north of the Mason-Dixon line has floated this idea at some point. Summers back home, winters somewhere warm, two front porches, and a life that never really has to deal with a deep freeze. It is one of the most common retirement fantasies people talk about, and one of the least often stress-tested. The brochure math is simple enough, but the operating math is where things tend to fall apart. Here is what running two households actually demands from a portfolio, and where the money quietly disappears.
#Retirement #investors
New York's tax burden of $10,828 per capita versus Florida's $5,110 makes domicile choice the highest-impact financial decision over a 30-year retirement.
Medicare Advantage plans are region-locked, so snowbirds often land without in-network coverage in their second state beyond emergency care.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Over a winter dinner, just about everyone north of the Mason-Dixon line has floated this idea at some point. Summers back home, winters somewhere warm, two front porches, and a life that never really has to deal with a deep freeze. It is one of the most common retirement fantasies people talk about, and one of the least often stress-tested. The brochure math is simple enough, but the operating math is where things tend to fall apart. Here is what running two households actually demands from a portfolio, and where the money quietly disappears.
#Retirement #investors
13 days ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management is prioritizing a return to core fundamentals in the Snacks division, specifically targeting households with kids for Goldfish and launching national brand campaigns for Pepperidge Farm.
The Meals and Beverage segment is leaning into 'semi-scratch' cooking trends, which represent 50% of at-home cooking occasions, by focusing on convenience with 5-ingredient-or-less recipes.
Performance attribution highlights a divergence in the soup portfolio, where cooking-related products (broth and condensed) are performing well while 'eating' soups require further innovation to meet consumer value needs.
The company is implementing a new $500 million enterprise cost-savings program through fiscal 2030, focusing on procurement efficiencies and supply chain network optimization.
#focusing
Management is prioritizing a return to core fundamentals in the Snacks division, specifically targeting households with kids for Goldfish and launching national brand campaigns for Pepperidge Farm.
The Meals and Beverage segment is leaning into 'semi-scratch' cooking trends, which represent 50% of at-home cooking occasions, by focusing on convenience with 5-ingredient-or-less recipes.
Performance attribution highlights a divergence in the soup portfolio, where cooking-related products (broth and condensed) are performing well while 'eating' soups require further innovation to meet consumer value needs.
The company is implementing a new $500 million enterprise cost-savings program through fiscal 2030, focusing on procurement efficiencies and supply chain network optimization.
#focusing
14 days ago
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The U.S. economy may not be as divided as the popular "K-shaped" narrative suggests. Economist Ed Yardeni says a generational divide better explains why consumer spending has remained resilient.
Yardeni, a longtime Wall Street economist and founder of Yardeni Research, calls this the "G-shaped economy." In an Aug. 3 research note, he argued that older Americans have accumulated far more wealth than younger generations, while financial support from older households is helping younger Americans cope with affordability pressures.
The K-shaped economy describes a widening gap between higher- and lower-income Americans, with the two groups experiencing different trends in income, spending and wealth. Recent debate has focused on whether that divide is still widening or beginning to narrow.
Don't Miss:
#americans
The U.S. economy may not be as divided as the popular "K-shaped" narrative suggests. Economist Ed Yardeni says a generational divide better explains why consumer spending has remained resilient.
Yardeni, a longtime Wall Street economist and founder of Yardeni Research, calls this the "G-shaped economy." In an Aug. 3 research note, he argued that older Americans have accumulated far more wealth than younger generations, while financial support from older households is helping younger Americans cope with affordability pressures.
The K-shaped economy describes a widening gap between higher- and lower-income Americans, with the two groups experiencing different trends in income, spending and wealth. Recent debate has focused on whether that divide is still widening or beginning to narrow.
Don't Miss:
#americans
14 days ago
PepsiCo's 54 consecutive dividend increases and Colgate-Palmolive's 61.5% gross margin show how essential, habitual products keep compounding through every market cycle.
3M's specified industrial materials lock customers in through full qualification requirements, delivering 5.4% organic growth and 24.9% operating margins in Q2 2026.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Boring works. Over a market cycle, essential-service businesses tend to keep selling toothpaste, chips, and industrial adhesives regardless of what the S&P 500 is doing on any given afternoon. Consider PepsiCo's own dividend record: management has committed to a 4% increase in the annualized dividend per share beginning with the June 2026 payment, which will represent the 54th consecutive annual increase. A streak that long spans every officially declared bear market since the mid-1970s. The three names below are held together by that same idea: durable demand, unglamorous products, and customers who do not easily leave.
PepsiCo (NASDAQ:PEP) sells convenient foods and beverages: Lay's, Doritos, Cheetos, Quaker, Tostitos, Pepsi, Gatorade, Mountain Dew, Aquafina, and Tropicana. These are low-ticket, habitual purchases. When households tightened budgets in 2008-2009 and again in 2020, they did not stop buying salty snacks or sports drinks; they traded down within the aisle, and PepsiCo's multi-tier portfolio caught them on the way. On the most recent call, CEO Ramon Laguarta described the international business plainly: "The truth is that all those markets have remained very resilient."
#consecutive
3M's specified industrial materials lock customers in through full qualification requirements, delivering 5.4% organic growth and 24.9% operating margins in Q2 2026.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Boring works. Over a market cycle, essential-service businesses tend to keep selling toothpaste, chips, and industrial adhesives regardless of what the S&P 500 is doing on any given afternoon. Consider PepsiCo's own dividend record: management has committed to a 4% increase in the annualized dividend per share beginning with the June 2026 payment, which will represent the 54th consecutive annual increase. A streak that long spans every officially declared bear market since the mid-1970s. The three names below are held together by that same idea: durable demand, unglamorous products, and customers who do not easily leave.
PepsiCo (NASDAQ:PEP) sells convenient foods and beverages: Lay's, Doritos, Cheetos, Quaker, Tostitos, Pepsi, Gatorade, Mountain Dew, Aquafina, and Tropicana. These are low-ticket, habitual purchases. When households tightened budgets in 2008-2009 and again in 2020, they did not stop buying salty snacks or sports drinks; they traded down within the aisle, and PepsiCo's multi-tier portfolio caught them on the way. On the most recent call, CEO Ramon Laguarta described the international business plainly: "The truth is that all those markets have remained very resilient."
#consecutive
15 days ago
Peter Thiel is a billionaire investor who co-founded PayPal and Palantir. He was the first outside investor in Facebook, and he runs Founders Fund, the venture firm that put the first institutional money into ******* eX.
Thiel Macro LLC, the fund run by the PayPal and Palantir co-founder, recently filed its second-quarter 13F. The filing shows the fund bought 308,617 shares of American Electric Power Company, Inc. (NASDAQ:AEP) and 839,319 shares of FirstEnergy Corp. (NYSE:FE) in the second quarter. The AEP stake was worth $42.22 million at the end of the quarter, and the FirstEnergy stake was worth $39.90 million.
In this article, we will focus on AEP.
For decades, American Electric Power was just a major utility company providing electricity to American households, with no prospects of explosive growth. But the AI boom changed everything. Training and running large models need enormous amounts of round-the-clock electricity, and hyperscalers are racing to build data centers wherever they can get power. Demand is now coming to AEP faster than it can serve it. Why? Because it runs a major transmission network in the US across 11 states. The company now has 69 gigawatts of contracted load additions through 2030, up 6 gigawatts in the second quarter alone. Around 90% of that is data centers. Texas customers alone have put up nearly $2 billion in cash and collateral. If a customer walks away, termination fees and minimum demand clauses protect the shareholder.
AEP locks customers in with letters of agreement, electric service agreements and large-load tariffs that require minimum demand after ramp, plus collateral and termination fees.
#power #company #thiel
Thiel Macro LLC, the fund run by the PayPal and Palantir co-founder, recently filed its second-quarter 13F. The filing shows the fund bought 308,617 shares of American Electric Power Company, Inc. (NASDAQ:AEP) and 839,319 shares of FirstEnergy Corp. (NYSE:FE) in the second quarter. The AEP stake was worth $42.22 million at the end of the quarter, and the FirstEnergy stake was worth $39.90 million.
In this article, we will focus on AEP.
For decades, American Electric Power was just a major utility company providing electricity to American households, with no prospects of explosive growth. But the AI boom changed everything. Training and running large models need enormous amounts of round-the-clock electricity, and hyperscalers are racing to build data centers wherever they can get power. Demand is now coming to AEP faster than it can serve it. Why? Because it runs a major transmission network in the US across 11 states. The company now has 69 gigawatts of contracted load additions through 2030, up 6 gigawatts in the second quarter alone. Around 90% of that is data centers. Texas customers alone have put up nearly $2 billion in cash and collateral. If a customer walks away, termination fees and minimum demand clauses protect the shareholder.
AEP locks customers in with letters of agreement, electric service agreements and large-load tariffs that require minimum demand after ramp, plus collateral and termination fees.
#power #company #thiel
15 days ago
Hennessy Fund's Q2 2026 investor letter for the Hennessy Equity and Income Fund. The letter can be downloaded here. The letter discusses portfolio changes, emphasizing opportunities in equity and fixed income markets that can withstand economic uncertainty. The portfolio held businesses with a 23.0% pre-tax return on invested capital versus 16.1% for the S&P 500. The letter notes a reversal in U.S. equities, driven by AI spending and strong earnings, despite cautious sentiment among lower-income households. The focus on high-quality firms with durable advantages is expected to yield positive outcomes as valuation pressures mount, indicating that future market performance may hinge on fundamentals rather than speculative trends. The portfolio aims to capitalize on the overlooked valuations of quality companies, presenting significant investment opportunities. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Equitable Holdings, Inc. (NYSE:EQH), a leading diversified financial services company focusing on life insurance, annuities, ******* et management, and retirement solutions. The Fund disclosed that it sold its position in Equitable Holdings, Inc. (NYSE:EQH) during the quarter. On August 31, 2026, Equitable Holdings, Inc. (NYSE:EQH) closed at $50.13 per share. Over the past month, Equitable Holdings, Inc. (NYSE:EQH) returned 3.90%, but its shares are down 4.97% over the past year. Equitable Holdings, Inc. (NYSE:EQH) has a market capitalization of $13.67 billion, and its stock has traded within a 52-week range of $35.19 to $55.15.
Hennessy Equity and Income Fund stated the following regarding Equitable Holdings, Inc. (NYSE:EQH) in its Q2 2026 investor letter:
"Equitable Holdings, Inc. (NYSE:EQH) triggered our soft stop-loss review, and with no insider buying to reinforce conviction, we sold the position. While Equitable continues to generate strong cash flow and return capital in a disciplined manner, the underlying core business has remained inconsistent. Earnings quality is uneven, flows are mixed, and ongoing pressure in the individual life and retirement segments raises concern. Although valuation appears attractive, our confidence in the ability to deliver consistent results and successfully execute a turnaround was lowered."
Equitable Holdings, Inc. (NYSE:EQH) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 49 hedge fund portfolios held Equitable Holdings, Inc. (NYSE:EQH) at the end of the second quarter, which was 42 in the previous quarter. While we acknowledge the potential of Equitable Holdings, Inc. (NYSE:EQH) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Equitable Holdings, Inc. (NYSE:EQH), a leading diversified financial services company focusing on life insurance, annuities, ******* et management, and retirement solutions. The Fund disclosed that it sold its position in Equitable Holdings, Inc. (NYSE:EQH) during the quarter. On August 31, 2026, Equitable Holdings, Inc. (NYSE:EQH) closed at $50.13 per share. Over the past month, Equitable Holdings, Inc. (NYSE:EQH) returned 3.90%, but its shares are down 4.97% over the past year. Equitable Holdings, Inc. (NYSE:EQH) has a market capitalization of $13.67 billion, and its stock has traded within a 52-week range of $35.19 to $55.15.
Hennessy Equity and Income Fund stated the following regarding Equitable Holdings, Inc. (NYSE:EQH) in its Q2 2026 investor letter:
"Equitable Holdings, Inc. (NYSE:EQH) triggered our soft stop-loss review, and with no insider buying to reinforce conviction, we sold the position. While Equitable continues to generate strong cash flow and return capital in a disciplined manner, the underlying core business has remained inconsistent. Earnings quality is uneven, flows are mixed, and ongoing pressure in the individual life and retirement segments raises concern. Although valuation appears attractive, our confidence in the ability to deliver consistent results and successfully execute a turnaround was lowered."
Equitable Holdings, Inc. (NYSE:EQH) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 49 hedge fund portfolios held Equitable Holdings, Inc. (NYSE:EQH) at the end of the second quarter, which was 42 in the previous quarter. While we acknowledge the potential of Equitable Holdings, Inc. (NYSE:EQH) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on
15 days ago
Cox Media Group (CMG) Jacksonville and the Tampa Bay Lightning on Wednesday announced a new local broadcast partnership, naming Action Sports Jax TV the team's official broadcast partner in Northeast Florida beginning this season (2026-27).
The addition builds on Action Sports Jax TV's fast-growing sports lineup. The channel is already the Official Station of the Jacksonville Jaguars and carries every Orlando Magic game under a new multi-year NBA partnership — making WJAX-TV 47.2 one of the most sports-rich, free over-the-air channels in the Southeast.
Under the new agreement, all locally distributed Tampa Bay Lightning regular-season games — apart from national exclusives — will air on Action Sports Jax TV (WJAX-TV 47.2), with select games also airing on CBS47 and FOX30.
This new partnership will bring Tampa Bay Lightning hockey games free to households throughout Northeast Florida.
[DOWNLOAD: Free Action News Jax app for alerts as news breaks]
#northeast
The addition builds on Action Sports Jax TV's fast-growing sports lineup. The channel is already the Official Station of the Jacksonville Jaguars and carries every Orlando Magic game under a new multi-year NBA partnership — making WJAX-TV 47.2 one of the most sports-rich, free over-the-air channels in the Southeast.
Under the new agreement, all locally distributed Tampa Bay Lightning regular-season games — apart from national exclusives — will air on Action Sports Jax TV (WJAX-TV 47.2), with select games also airing on CBS47 and FOX30.
This new partnership will bring Tampa Bay Lightning hockey games free to households throughout Northeast Florida.
[DOWNLOAD: Free Action News Jax app for alerts as news breaks]
#northeast
16 days ago
Hennessy Fund's Q2 2026 investor letter for the Hennessy Equity and Income Fund. The letter can be downloaded here. The letter discusses portfolio changes, emphasizing opportunities in equity and fixed income markets that can withstand economic uncertainty. The portfolio held businesses with a 23.0% pre-tax return on invested capital versus 16.1% for the S&P 500. The letter notes a reversal in U.S. equities, driven by AI spending and strong earnings, despite cautious sentiment among lower-income households. The focus on high-quality firms with durable advantages is expected to yield positive outcomes as valuation pressures mount, indicating that future market performance may hinge on fundamentals rather than speculative trends. The portfolio aims to capitalize on the overlooked valuations of quality companies, presenting significant investment opportunities. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Martin Marietta Materials, Inc. (NYSE:MLM). Martin Marietta Materials, Inc. (NYSE:MLM) is a building materials company that supplies aggregates and heavy-side building materials to the construction industry. On August 28, 2026, Martin Marietta Materials, Inc. (NYSE:MLM) closed at $531.05 per share, reflecting a market capitalization of $37.72 billion. Martin Marietta Materials, Inc. (NYSE:MLM) posted a one‑month return of ‑2.07%, while its shares lost 13.85% over the past 52 weeks.
Hennessy Equity and Income Fund stated the following regarding Martin Marietta Materials, Inc. (NYSE:MLM) in its Q2 2026 investor letter:
"The largest detractor year-to-date based on relative performance vs. the benchmark was Martin Marietta Materials, Inc. (NYSE:MLM). Shares were pressured by elevated expectations rather than any meaningful deterioration in fundamentals. Infrastructure and nonresidential demand remain supported by Infrastructure Investment and Jobs Act (IIJA) funding and data center construction, while recent acquisitions should enhance pricing, margins, and cash flow. We remain confident in Martin Marietta's ability to compound earnings over the long term."
Martin Marietta Materials, Inc. (NYSE:MLM) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 67 hedge fund portfolios held Martin Marietta Materials, Inc. (NYSE:MLM) at the end of the second quarter, which was 65 in the previous quarter. While we acknowledge the potential of Martin Marietta Materials, Inc. (NYSE:MLM) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#hennessy #Equity
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Martin Marietta Materials, Inc. (NYSE:MLM). Martin Marietta Materials, Inc. (NYSE:MLM) is a building materials company that supplies aggregates and heavy-side building materials to the construction industry. On August 28, 2026, Martin Marietta Materials, Inc. (NYSE:MLM) closed at $531.05 per share, reflecting a market capitalization of $37.72 billion. Martin Marietta Materials, Inc. (NYSE:MLM) posted a one‑month return of ‑2.07%, while its shares lost 13.85% over the past 52 weeks.
Hennessy Equity and Income Fund stated the following regarding Martin Marietta Materials, Inc. (NYSE:MLM) in its Q2 2026 investor letter:
"The largest detractor year-to-date based on relative performance vs. the benchmark was Martin Marietta Materials, Inc. (NYSE:MLM). Shares were pressured by elevated expectations rather than any meaningful deterioration in fundamentals. Infrastructure and nonresidential demand remain supported by Infrastructure Investment and Jobs Act (IIJA) funding and data center construction, while recent acquisitions should enhance pricing, margins, and cash flow. We remain confident in Martin Marietta's ability to compound earnings over the long term."
Martin Marietta Materials, Inc. (NYSE:MLM) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 67 hedge fund portfolios held Martin Marietta Materials, Inc. (NYSE:MLM) at the end of the second quarter, which was 65 in the previous quarter. While we acknowledge the potential of Martin Marietta Materials, Inc. (NYSE:MLM) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#hennessy #Equity
16 days ago
Hennessy Fund's Q2 2026 investor letter for the Hennessy Equity and Income Fund. The letter can be downloaded here. The letter discusses portfolio changes, emphasizing opportunities in equity and fixed income markets that can withstand economic uncertainty. The portfolio held businesses with a 23.0% pre-tax return on invested capital versus 16.1% for the S&P 500. The letter notes a reversal in U.S. equities, driven by AI spending and strong earnings, despite cautious sentiment among lower-income households. The focus on high-quality firms with durable advantages is expected to yield positive outcomes as valuation pressures mount, indicating that future market performance may hinge on fundamentals rather than speculative trends. The portfolio aims to capitalize on the overlooked valuations of quality companies, presenting significant investment opportunities. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Dominion Energy, Inc. (NYSE:D). Dominion Energy, Inc. (NYSE:D) is a leading utility company that provides regulated electricity and natural gas services in the United States. On August 28, 2026, Dominion Energy, Inc. (NYSE:D) closed at $65.55 per share. Over the past month, Dominion Energy, Inc. (NYSE:D) returned -4.65%, while its shares have gained 9.43% in the last 52 weeks. Dominion Energy, Inc. (NYSE:D) has a market capitalization of $57.65 billion, and its stock has traded within a 52-week range of $55.85 to $72.99.
Hennessy Equity and Income Fund stated the following regarding Dominion Energy, Inc. (NYSE:D) in its Q2 2026 investor letter:
"Our process remains bottom-up, and recent volatility has mainly given us opportunities to add, what we believe, are high-quality businesses at attractive valuations, funded by trimming positions that had appreciated or where our conviction had lowered.
In January, we initiated a position in Dominion Energy, Inc. (NYSE:D), which operates as a predominantly regulated utility with stable earnings, improving financial flexibility, and attractive long-term growth drivers. More than 90% of earnings are generated from regulated electric and gas utilities in Virginia, North Carolina, and South Carolina, providing predictable cash flows and low revenue cyclicality.
#letter #Equity
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Dominion Energy, Inc. (NYSE:D). Dominion Energy, Inc. (NYSE:D) is a leading utility company that provides regulated electricity and natural gas services in the United States. On August 28, 2026, Dominion Energy, Inc. (NYSE:D) closed at $65.55 per share. Over the past month, Dominion Energy, Inc. (NYSE:D) returned -4.65%, while its shares have gained 9.43% in the last 52 weeks. Dominion Energy, Inc. (NYSE:D) has a market capitalization of $57.65 billion, and its stock has traded within a 52-week range of $55.85 to $72.99.
Hennessy Equity and Income Fund stated the following regarding Dominion Energy, Inc. (NYSE:D) in its Q2 2026 investor letter:
"Our process remains bottom-up, and recent volatility has mainly given us opportunities to add, what we believe, are high-quality businesses at attractive valuations, funded by trimming positions that had appreciated or where our conviction had lowered.
In January, we initiated a position in Dominion Energy, Inc. (NYSE:D), which operates as a predominantly regulated utility with stable earnings, improving financial flexibility, and attractive long-term growth drivers. More than 90% of earnings are generated from regulated electric and gas utilities in Virginia, North Carolina, and South Carolina, providing predictable cash flows and low revenue cyclicality.
#letter #Equity
16 days ago
Hennessy Fund's Q2 2026 investor letter for the Hennessy Equity and Income Fund. The letter can be downloaded here. The letter discusses portfolio changes, emphasizing opportunities in equity and fixed income markets that can withstand economic uncertainty. The portfolio held businesses with a 23.0% pre-tax return on invested capital versus 16.1% for the S&P 500. The letter notes a reversal in U.S. equities, driven by AI spending and strong earnings, despite cautious sentiment among lower-income households. The focus on high-quality firms with durable advantages is expected to yield positive outcomes as valuation pressures mount, indicating that future market performance may hinge on fundamentals rather than speculative trends. The portfolio aims to capitalize on the overlooked valuations of quality companies, presenting significant investment opportunities. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Entegris, Inc. (NASDAQ:ENTG) as a leading contributor. Headquartered in Billerica, Massachusetts, Entegris, Inc. (NASDAQ:ENTG) provides materials and process solutions for the semiconductor and other high-technology industries. On August 28, 2026, Entegris, Inc. (NASDAQ:ENTG) closed at $134.92 per share, reflecting a market capitalization of $20.62 billion. Entegris, Inc. (NASDAQ:ENTG) posted a one‑month return of 7.76%, while its shares gained 61.12% over the past 52 weeks.
Hennessy Equity and Income Fund stated the following regarding Entegris, Inc. (NASDAQ:ENTG) in its Q2 2026 investor letter:
"The largest contributor year-to-date based on relative performance vs. the benchmark was Entegris, Inc. (NASDAQ:ENTG), as it benefited from improving fab utilization and accelerating AI-driven semiconductor demand. The company continues to gain share as advanced node transitions increase materials intensity per wafer, while improving memory and logic markets support broader growth. With its investment cycle largely complete, margin expansion and improving free cash flow should drive the next phase of earnings growth. We remain attracted to Entegris' strong competitive positioning and high barriers to entry."
Entegris, Inc. (NASDAQ:ENTG) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 47 hedge fund portfolios held Entegris, Inc. (NASDAQ:ENTG) at the end of the second quarter, the same as in the previous quarter. While we acknowledge the potential of Entegris, Inc. (NASDAQ:ENTG) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#NASDAQ #income #hennessy
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Entegris, Inc. (NASDAQ:ENTG) as a leading contributor. Headquartered in Billerica, Massachusetts, Entegris, Inc. (NASDAQ:ENTG) provides materials and process solutions for the semiconductor and other high-technology industries. On August 28, 2026, Entegris, Inc. (NASDAQ:ENTG) closed at $134.92 per share, reflecting a market capitalization of $20.62 billion. Entegris, Inc. (NASDAQ:ENTG) posted a one‑month return of 7.76%, while its shares gained 61.12% over the past 52 weeks.
Hennessy Equity and Income Fund stated the following regarding Entegris, Inc. (NASDAQ:ENTG) in its Q2 2026 investor letter:
"The largest contributor year-to-date based on relative performance vs. the benchmark was Entegris, Inc. (NASDAQ:ENTG), as it benefited from improving fab utilization and accelerating AI-driven semiconductor demand. The company continues to gain share as advanced node transitions increase materials intensity per wafer, while improving memory and logic markets support broader growth. With its investment cycle largely complete, margin expansion and improving free cash flow should drive the next phase of earnings growth. We remain attracted to Entegris' strong competitive positioning and high barriers to entry."
Entegris, Inc. (NASDAQ:ENTG) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 47 hedge fund portfolios held Entegris, Inc. (NASDAQ:ENTG) at the end of the second quarter, the same as in the previous quarter. While we acknowledge the potential of Entegris, Inc. (NASDAQ:ENTG) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#NASDAQ #income #hennessy
17 days ago
By Dhara Ranasinghe and Harry Robertson
LONDON, Sept 1 (Reuters) - Government borrowing costs from the United States to Germany and ***** an are at or near multi-decade peaks on heightened worries about inflation and rising interest rates, along with nagging anxiety about their debt loads.
Elevated bond yields could squeeze households and companies as well as exacerbating government finances.
Here's a look at what's behind the move in some major economies.
WHAT'S GOING ON?
#london #sept
LONDON, Sept 1 (Reuters) - Government borrowing costs from the United States to Germany and ***** an are at or near multi-decade peaks on heightened worries about inflation and rising interest rates, along with nagging anxiety about their debt loads.
Elevated bond yields could squeeze households and companies as well as exacerbating government finances.
Here's a look at what's behind the move in some major economies.
WHAT'S GOING ON?
#london #sept
17 days ago
Hennessy Fund's Q2 2026 investor letter for the Hennessy Equity and Income Fund. The letter can be downloaded here. The letter discusses portfolio changes, emphasizing opportunities in equity and fixed income markets that can withstand economic uncertainty. The portfolio held businesses with a 23.0% pre-tax return on invested capital versus 16.1% for the S&P 500. The letter notes a reversal in U.S. equities, driven by AI spending and strong earnings, despite cautious sentiment among lower-income households. The focus on high-quality firms with durable advantages is expected to yield positive outcomes as valuation pressures mount, indicating that future market performance may hinge on fundamentals rather than speculative trends. The portfolio aims to capitalize on the overlooked valuations of quality companies, presenting significant investment opportunities. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Equitable Holdings, Inc. (NYSE:EQH), a leading diversified financial services company focusing on life insurance, annuities, ******* et management, and retirement solutions. The Fund disclosed that it sold its position in Equitable Holdings, Inc. (NYSE:EQH) during the quarter. On August 31, 2026, Equitable Holdings, Inc. (NYSE:EQH) closed at $50.13 per share. Over the past month, Equitable Holdings, Inc. (NYSE:EQH) returned 3.90%, but its shares are down 4.97% over the past year. Equitable Holdings, Inc. (NYSE:EQH) has a market capitalization of $13.67 billion, and its stock has traded within a 52-week range of $35.19 to $55.15.
Hennessy Equity and Income Fund stated the following regarding Equitable Holdings, Inc. (NYSE:EQH) in its Q2 2026 investor letter:
"Equitable Holdings, Inc. (NYSE:EQH) triggered our soft stop-loss review, and with no insider buying to reinforce conviction, we sold the position. While Equitable continues to generate strong cash flow and return capital in a disciplined manner, the underlying core business has remained inconsistent. Earnings quality is uneven, flows are mixed, and ongoing pressure in the individual life and retirement segments raises concern. Although valuation appears attractive, our confidence in the ability to deliver consistent results and successfully execute a turnaround was lowered."
Equitable Holdings, Inc. (NYSE:EQH) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 49 hedge fund portfolios held Equitable Holdings, Inc. (NYSE:EQH) at the end of the second quarter, which was 42 in the previous quarter. While we acknowledge the potential of Equitable Holdings, Inc. (NYSE:EQH) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Equitable Holdings, Inc. (NYSE:EQH), a leading diversified financial services company focusing on life insurance, annuities, ******* et management, and retirement solutions. The Fund disclosed that it sold its position in Equitable Holdings, Inc. (NYSE:EQH) during the quarter. On August 31, 2026, Equitable Holdings, Inc. (NYSE:EQH) closed at $50.13 per share. Over the past month, Equitable Holdings, Inc. (NYSE:EQH) returned 3.90%, but its shares are down 4.97% over the past year. Equitable Holdings, Inc. (NYSE:EQH) has a market capitalization of $13.67 billion, and its stock has traded within a 52-week range of $35.19 to $55.15.
Hennessy Equity and Income Fund stated the following regarding Equitable Holdings, Inc. (NYSE:EQH) in its Q2 2026 investor letter:
"Equitable Holdings, Inc. (NYSE:EQH) triggered our soft stop-loss review, and with no insider buying to reinforce conviction, we sold the position. While Equitable continues to generate strong cash flow and return capital in a disciplined manner, the underlying core business has remained inconsistent. Earnings quality is uneven, flows are mixed, and ongoing pressure in the individual life and retirement segments raises concern. Although valuation appears attractive, our confidence in the ability to deliver consistent results and successfully execute a turnaround was lowered."
Equitable Holdings, Inc. (NYSE:EQH) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 49 hedge fund portfolios held Equitable Holdings, Inc. (NYSE:EQH) at the end of the second quarter, which was 42 in the previous quarter. While we acknowledge the potential of Equitable Holdings, Inc. (NYSE:EQH) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on
19 days ago
Americans, on the whole, owe a lot of money. Collectively, households across the country owe $18.8 trillion to creditors, with mortgage debt accounting for around $13.1 trillion of that amount. Experian data also showed the average American's debt was $104,755 as of June 2025. That's a fairly substantial sum given that the median household income was just $83,730 in 2024.
With many households owing more than they earn all year, it's not surprising that around 47% of Americans worry about debt every day. If you're one of them, there's some good news: Certain retirement accounts, like your 401(k), may have protection from creditor claims.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#debt #like
With many households owing more than they earn all year, it's not surprising that around 47% of Americans worry about debt every day. If you're one of them, there's some good news: Certain retirement accounts, like your 401(k), may have protection from creditor claims.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#debt #like
22 days ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
With roughly $85 trillion in aggregate ******* ets, baby boomers are widely considered to be the wealthiest generation in history, according to the Washington Post (1). But this enormous fortune is far from evenly distributed and millions of boomers are facing a precarious retirement.
In fact, the median net worth for households led by someone between the ages of 65 and 74 was just $409,900, according to Fidelity's ******* ysis (2) of the latest Federal Reserve Survey of Consumer Finances. In other words, nearly half of all boomers are not even halfway to the seven-figure club.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#according #washington #reserve
With roughly $85 trillion in aggregate ******* ets, baby boomers are widely considered to be the wealthiest generation in history, according to the Washington Post (1). But this enormous fortune is far from evenly distributed and millions of boomers are facing a precarious retirement.
In fact, the median net worth for households led by someone between the ages of 65 and 74 was just $409,900, according to Fidelity's ******* ysis (2) of the latest Federal Reserve Survey of Consumer Finances. In other words, nearly half of all boomers are not even halfway to the seven-figure club.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#according #washington #reserve
23 days ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
July's inflation report ran a touch hotter than Wall Street wanted, but Wall Street really only has itself to blame.
Gas got cheaper, down 2.7%. Furniture and appliances got cheaper, off 0.9%. Goods overall fell 0.1% in a month when tariffs of up to 50% were already running on autos, steel, and aluminum, which is a genuinely impressive act of price restraint. The American consumer did his part.
The line that ran hot was financial services and insurance, up 1.2% and the biggest single mover in the entire report. Cutting through the economist word soup, your advisor bills you a percentage of whatever you have parked with them, so when stocks went up in July, the pile got bigger, meaning your fees got bigger in dollar terms. On a purely statistical basis, the Bureau of Economic ******* ysis saw the S&P having a nice month and filed it under cost of living. It seems bizarre on its face, but it's also logically defensible as all that money really did leave real people's accounts. The BEA is rewriting the methodology on September 30 anyway, and it is worth noticing who benefits from a version of the index where Wall Street's take no longer counts.
Everything else behaved. Core inflation, the number the Fed actually steers by, came in exactly where the Street expected. Income rose 0.4% against spending of 0.2%, so households earned more and sat on the difference, which squares with Tuesday's confidence report showing people feel okay about this month and grim about next year.
#wall #street #next #NVIDIA
July's inflation report ran a touch hotter than Wall Street wanted, but Wall Street really only has itself to blame.
Gas got cheaper, down 2.7%. Furniture and appliances got cheaper, off 0.9%. Goods overall fell 0.1% in a month when tariffs of up to 50% were already running on autos, steel, and aluminum, which is a genuinely impressive act of price restraint. The American consumer did his part.
The line that ran hot was financial services and insurance, up 1.2% and the biggest single mover in the entire report. Cutting through the economist word soup, your advisor bills you a percentage of whatever you have parked with them, so when stocks went up in July, the pile got bigger, meaning your fees got bigger in dollar terms. On a purely statistical basis, the Bureau of Economic ******* ysis saw the S&P having a nice month and filed it under cost of living. It seems bizarre on its face, but it's also logically defensible as all that money really did leave real people's accounts. The BEA is rewriting the methodology on September 30 anyway, and it is worth noticing who benefits from a version of the index where Wall Street's take no longer counts.
Everything else behaved. Core inflation, the number the Fed actually steers by, came in exactly where the Street expected. Income rose 0.4% against spending of 0.2%, so households earned more and sat on the difference, which squares with Tuesday's confidence report showing people feel okay about this month and grim about next year.
#wall #street #next #NVIDIA
23 days ago
Dollar General (DG) wins the portfolio battle over Best Buy (BBY) with a beta of 0.235, a defensive consumables mix, and just-raised full-year EPS guidance.
Best Buy's 91% Polymarket earnings beat probability looks compelling, but its stock at $85 already trades above **** ysts' $83 consensus target.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Dollar General (NYSE:DG) and Best Buy (NYSE:BBY) both report results before the market opens on Thursday, August 27, 2026, and they present the retirement-focused investor with the same trade dressed two different ways. Both sell to a strained American consumer. One is a low-beta consumer defensive name. The other is a higher-beta consumer cyclical. The question is which risk profile earns the seat in the portfolio ahead of Thursday's earnings releases.
Beta measures how much a stock tends to move relative to the broader market. Below 1.0 means the stock historically moves less than the index. Above 1.0 means it moves more. Dollar General's beta is 0.235, one of the lowest readings in retail, and the company is in the Consumer Defensive sector, where roughly 82% of the mix is everyday consumables that customers buy in any economy. Best Buy has a beta of 1.317 and sits in Consumer Cyclical, tethered to televisions, appliances, and computing upgrade cycles that households defer when budgets tighten.
#Consumer #best #defensive #above
Best Buy's 91% Polymarket earnings beat probability looks compelling, but its stock at $85 already trades above **** ysts' $83 consensus target.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Dollar General (NYSE:DG) and Best Buy (NYSE:BBY) both report results before the market opens on Thursday, August 27, 2026, and they present the retirement-focused investor with the same trade dressed two different ways. Both sell to a strained American consumer. One is a low-beta consumer defensive name. The other is a higher-beta consumer cyclical. The question is which risk profile earns the seat in the portfolio ahead of Thursday's earnings releases.
Beta measures how much a stock tends to move relative to the broader market. Below 1.0 means the stock historically moves less than the index. Above 1.0 means it moves more. Dollar General's beta is 0.235, one of the lowest readings in retail, and the company is in the Consumer Defensive sector, where roughly 82% of the mix is everyday consumables that customers buy in any economy. Best Buy has a beta of 1.317 and sits in Consumer Cyclical, tethered to televisions, appliances, and computing upgrade cycles that households defer when budgets tighten.
#Consumer #best #defensive #above
