Inside the silver tsunami: 4.2M Americans turning 65
Are you part of the record-breaking cohort of people reaching retirement age this year? On this episode of "Decoding Retirement," Robert 'Bob' Powell speaks with Fiona Greig, global head of investor research and policy at Vanguard. Fiona discusses how to generate steady income to last through your golden years, and sheds light on helpful tools like auto-enrollment in company retirement plans and asset calculators to give your retirement a boost.
Yahoo Finance's Decoding Retirement is hosted by Robert Powell.
Find more episodes of Decoding Retirement at https://finance.yahoo.com/videos/series/decoding-retirement.
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Business Insider
an hour ago
- Business Insider
Stocks are on the verge of flashing 2 big sell signals as investors pile into the market at a historic pace, BofA says
Things have been good for stocks over the last two months. Maybe too good, according to a new report from Bank of America. Since its most recent low on April 8, the S&P 500 and Vanguard's Total World Stock Index are up 20% as investors have piled into the market at a near-record pace. On an annualized basis, 2025 has seen the second-highest inflows into global stocks ever, trailing only 2024, BofA's Chief Investment Strategist Michael Hartnett said in a client note Friday. For US stocks, it's the third-highest year ever, after 2024 and 2021. Yet, amid the bullish frenzy, Hartnett said global stocks are approaching two sell signals. The first is the amount of money flowing into global stock funds. If they hit 1% of their current assets under management within a four-week span, the sell signal is activated. Over the last four weeks, flows totaled 0.9% of the funds' AUM. To hit 1%, flows would have to hit $30 billion in the "coming weeks," Hartnett said. The second is a breadth indicator that says when 88% of the ACWI countries' indexes trade above both their 50-day and 200-day moving averages, it's a sign that things are frothy and investors should sell, Hartnett said. Currently, 84% of ACWI countries' indexes are higher than their moving averages, meaning the market is in "overbought territory," Hartnett said. Both of Hartnett's sell indicators are in line with the conventional wisdom of contrarian investing espoused by legends like Warren Buffett. When the market is overwhelmingly bullish, good news is already priced in. When investors are bearish, it's an opportunity to buy stocks at a discount, the thinking goes. But sentiment gauges have sent mixed signals over the last couple of months. While inflows are strong, the AAII Investor Sentiment Survey shows investors are still net bearish. Bank of America's own Bull/Bear indicator shows the market's aggregate attitude hovers somewhere between optimism and pessimism, with a slight tilt toward the former. Breadth indicators are broadly in line with Hartnett's measure. Stocks of all stripes are doing well. Like Hartnett, Liz Ann Sonders, the chief investment strategist at Charles Schwab, said in a May 27 report that the robust breadth levels could be a cause for concern in the near-term. "Early-April setup was ripe for rally on good news given washed out sentiment/breadth and deeply oversold market," she wrote in a note co-authored with Kevin Gordon, a senior strategist at Schwab. "Setup now is not at opposite extreme." While breadth and sentiment can be contrarian indicators, it should be noted that the momentum factor has been king over the last decade and a half. What has done well (mega-cap tech stocks and popular indexes) has continued to do well, and steep declines in the broader market have generally been short-lived. That could still be the case going forward. Beyond technical indicators, investors are also monitoring fundamental measures of the economy's health. The macroeconomic picture remains unclear as business owners and consumers digest President Trump's tariffs. Concerns persist about how the import taxes will affect consumer prices and growth. The US economy added 139,000 jobs in May, more than economists expected, but the number wasn't a sure sign that the labor market remains solid, as April and March data were revised down. Long-term Treasury yields also continue to rise as Trump's tax bill fuels investor concerns around inflation and the US budget deficit. A negative catalyst in the form of rising unemployment or higher inflation could spark a reversal in the ultra-bullish signals Hartnett is watching.
Yahoo
4 hours ago
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Investing in a SIPP? These are the 5 most popular active funds
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Yahoo
13 hours ago
- Yahoo
Newmont Corporation (NEM): A Bull Case Theory
We came across a bullish thesis on Newmont Corporation (NEM) on Business Model Mastery's Substack. In this article, we will summarize the bulls' thesis on NEM. Newmont Corporation (NEM)'s share was trading at $52.72 as of 30th May. NEM's trailing and forward P/E were 12.01 and 8.41 respectively according to Yahoo Finance. A global gold powerhouse, this miner delivered 7 million ounces of gold production at an average realized price of $2,408/oz in 2024, while maintaining industry-leading cost discipline with all-in costs of just $1,126/oz. This translated into an impressive gross margin of over $1,280/oz before overhead, showcasing operational efficiency and pricing power. Beyond gold, the company's multi-metal profile added significant value, with co-product contributions of 338 million pounds of copper, 33 million ounces of silver, and 569 million pounds of zinc. These volumes not only diversified earnings but also helped offset gold production costs, making operations more resilient across commodity cycles. With assets spanning 15 countries and a strong footprint in stable jurisdictions, the company benefitted from surging demand in key markets—most notably Japan and South Korea, where sales jumped over 275% and 100% respectively. Its dominance is underpinned by ownership of the largest share of Tier 1 gold mines globally, defined as assets producing over 500,000 ounces annually with 10+ year mine lives and cost structures in the lower half of the global cost curve. This tiered structure ensures long-term cash flow durability and strategic flexibility. The company also holds a commanding 134.1 million ounces of proven gold reserves, supported by over a century of geological data, reinforcing its exploration and development advantage. Its leadership in environmental and sustainability efforts is notable, including a 2030 target to reduce emissions by 32% and issuing the industry's first $1 billion sustainability-linked bond. Together, these factors build a compelling case for long-term value and stability. For a comprehensive analysis of another standout stock covered by the same author, we recommend reading our summary of this on Harley Davidson, Inc. (HOG). Newmont Corporation (NEM) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 65 hedge fund portfolios held NEM at the end of the first quarter which was 69 in the previous quarter. While we acknowledge the potential of NEM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.