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Dave Ramsey Says First-Time Homebuyers Are Now 40. He Blames Debt, Not Housing Prices
Dave Ramsey says the housing market is only a symptom of buyers’ debt. The math behind that claim holds up in one place and falls apart in another, and the gap could cost you years or a retirement.
His 2.75% Adjustable Mortgage Is Resetting After Seven Years. A $100,000 401(k) Withdrawal at 55 Could Net Just $68,000
A 55-year-old thinks tapping his 401(k) will soften a brutal mortgage reset. A quirk in the IRS age rule, plus a lender option most borrowers overlook, could make the move far costlier than he expects.
Medicaid Will Approve Dad for Home Care. His Aide Will Stop Showing Up, and Six Weeks Later He’ll Be in a $12,000-a-Month Nursing Home
Medicaid signed off on the care, but nobody was there to deliver it. When an aide vanishes and a son quietly fills the gap, one simple habit decides whether a family gets help or watches a crisis unfold.
Matthew Hornbach Says Falling Unemployment Is the Real Risk to Higher Rates. Here’s Why Retirees Should Care
A bond strategist says one labor market trend, not inflation, could push borrowing costs sharply higher next year, and it is already underway. Retirees who rely on bonds, CDs, or monthly dividend checks may want to see how one popular REIT is handling the squeeze.
US stocks closed lower; Technology lags while Financials and Communication Services lead
- S&P 500-0.4%
- Nasdaq 100-0.7%
- Dow-0.3%
- Russell 2000-0.7%
Per CNBC, the S&P 500 fell, dragged down by a Nvidia sell-off and rate-hike fears after hot inflation data.
LeadingFinancials +0.5%Energy +0.4%Communication Services +0.4%
LaggingTechnology -1.2%Materials -0.2%Utilities -0.1%
CLOSE
Copper
256.2
index
+0.03%
Copper closed 3.2% higher, a move big enough to reprice every miner, industrial and infrastructure cost model tied to it. Anyone treating the metal as a sleepy macro gauge just got a reminder it still moves like a growth asset.
Sponsored
VME Companies, Inc.VME · Nasdaq
$4–$5 / share
Amendment No. 2 sets a $4 to $5 range for a roughly $18 million Nasdaq IPO
VME Companies pinned a $4 to $5 range on 4 million shares in its second S-1 amendment, putting roughly $18 million on the table ahead of a Nasdaq debut. Kingswood Capital Partners is running the book, and a set price range is usually the last step before terms go final.
Source: SEC filingQ3 2026
EPS
$0.91
est $0.89+2.3%
Revenue
$2.74B
est $2.74B-0.2%
Margins are carrying Alcon: gross margin expanded to 59.7% from 56.3%, helped by $58 million in tariff refunds, enough to beat on earnings even with revenue landing just under estimates. Management tightened full-year guidance to about 6% constant-currency sales growth and 12% to 14% core EPS growth, so the durability of that margin lift is the thing to track.
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One launch on the day, and it is another income product: the FT Vest Equity Target Income Plus 0-3 Month Treasury ETF pairs equity income with a T-bill sleeve at 0.65% net. It lands on an already crowded Vest target-income shelf next to the Dividend Aristocrats and Dogs of the Dow versions.
PodcastThe Pomp Podcast
Is Jensen Huang Finished At Nvidia? | Dan Ives
- Ives puts 15% odds on Jensen Huang exiting as CEO, and sees a 25-30% drop in the stock if it happens
- Chips to China are 'done' as both parties unite on an anti-China tech stance after the midterms
- AI demand-to-supply still 4-to-1 with 75% of data centers permitted; Anthropic's IPO value halved to $1T
- CoreWeave called 'essentially an SPV for Nvidia'; Palantir and Tesla's Optimus framed as the durable bets
One person's job carries roughly a quarter of Nvidia's value, and the board review and congressional hearings are still ahead. Ives stays bullish on the AI trade itself, pointing at permitted capacity and a 4-to-1 demand-to-supply gap, while flagging CoreWeave's capital structure as the fragile link.
PodcastThoughts on the Market
Big Political Shift, Narrow Economic Impact
- Democrats swept Congress but tariffs, immigration and deregulation stay under executive authority, limiting macro impact
- Texas and Ohio executive turnover puts data center permitting in play; some projects risk slipping from 2028 to 2029
- Buildout geography shifts: Taiwan and Korea in chips, Mexico in server assembly, Japan and Europe in power gear
- Full rollback of SNAP and Medicaid cuts would add under half a point to real spending growth; deficits stay near 6% of GDP
Morgan Stanley's read is that the election shifts where AI capacity gets built, with power, permitting and local politics deciding which projects proceed. For anyone long the buildout, demand holds while timing and location carry the risk, and Asian trade data is the lead indicator to watch on the investment cycle.
Q4 2026
EPS
$0.04
est $0.05-$0.01
Revenue
$344M
est $340M+1.2%
Memory chips are now Sonos's biggest problem: $56 million of higher costs absorbed in fiscal 2026 pulled non-GAAP gross margin to 42.1% from 45.1%, and earnings missed expectations even as revenue rose about 20% year over year and topped estimates. Management says the component squeeze persists, with a fresh $150 million buyback and the Sonos 27 launch as the offsets.
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