China's property crisis could take up to a decade to fix (2 min read)

China’s property crisis may take up to a decade to resolve due to the overbuilding of houses and a rapid slowdown in urbanization. It is estimated that there could be enough vacant homes in China to house nearly 3 billion people, which is double its population. China is trying to revive its property sector by stimulating demand, but consumers are unlikely interested amid record-high youth unemployment and slowing economic growth.

Oil climbs 3% as steep US crude stocks draw adds to supply concerns (2 min read)

Oil prices jumped over 3% on Wednesday to nearly $94 a barrel, reaching the highest it has been this year. The rapid surge was driven by data showing a larger-than-expected drop in US crude inventories at the Oklahoma storage hub where it plunged to nine-year lows. The US shortage, along with OPEC+ production cuts, contributed to concerns about supply tightness. Many analysts have raised their oil price forecast to an average of $100 a barrel next year.

Here's what analysts see in store for stocks as the US government heads toward a shutdown (2 min read)

The possibility of a US government shutdown creates concern about stocks for some investors, but historical data shows that it usually recovers quickly from any losses. Past government shutdowns have seen the S&P 500 remaining relatively flat, with an average loss of 0.4% the week before and a gain of 0.1% by the shutdown's end. If the shutdown lasts five days or more, it typically results in a swift market rebound, returning to positive territory within one month.

Elon Musk says the UAW's strike demands will drive America's big 3 automakers 'bankrupt' (2 min read)

Elon Musk criticizes the United Auto Workers (UAW) strike, claiming their demands of a 40% pay raise and a 32-hour workweek, would bankrupt GM, Ford, and Chrysler. The UAW strike involved nearly 150,000 workers with demands for higher wages and changes to pensions driven by concerns about job losses due to the rise of electric cars with fewer assembly workers needed. Analysts estimate potential weekly revenue losses of $100-125 million for Ford and GM.

Before You Buy the Invesco QQQ, Here's an ETF I'd Buy First (3 min read)

The Fidelity MSCI Information Technology ETF (FTEC) is emerging as a strong contender in the tech ETF space, outperforming the well-known Invesco QQQ. FTEC offers competitive 10-year annualized returns (17.5% vs. QQQ's 16.0%) and outperforms across various timeframes. It stands out due to its greater diversification with 310 holdings compared to QQQ's 101 and a focus entirely on tech stocks. Additionally, it also has a lower expense ratio than QQQ.

Vanguard Plans Its First New Actively Managed ETFs in Two Years (2 min read)

Vanguard plans to launch its first active ETFs in two years, both focusing on the fixed-income market. The Vanguard Core Bond ETF (VCRB) and Vanguard Core-Plus Bond ETF (VPLS) are set to debut by year-end. The move into actively managed fixed-income ETFs is seen as a strategic response to the current interest-rate environment and growing competition in the active bond space.

How to Outperform (3 min read)

The information age has made the stock markets more efficient, reducing informational advantages that you would see decades ago. This made outperforming nearly impossible for active managers over the past 10-20 years. However, this absence of informational advantages and lower fees has led index funds to consistently outperform instead. Investors can outperform by simply taking a low-cost, long-term approach, and avoid behavioral mistakes during volatility.

This Investing Strategy Could Be the Key to a Better Lifestyle in Retirement (2 min read)

A study by Goldman Sachs suggests that retirees who blend their income sources, such as 401(k)s and fixed annuities, tend to enjoy a better lifestyle in retirement. Blending involves combining investments that offer capital gains with those that provide steady, fixed-income streams. Surveying 1,600 retirees aged 50 to 75, the study found that those with blended income reported higher income satisfaction and greater confidence in retirement.

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Thomas

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