HSAPAY's week 11 of 30 funding for Baby Plan
Mar 22, 2023 1:25 pm
Welcome back ,
Here's HSAPAY's weekly update for March 20th, 2023.
HSA Weekly Roundup
- Getting healthy to avoid a big expense
- Disjointed healthcare is troubling!
- Preserve Access to Home Oxygen Therapy Post-Pandemic
- Why Point-of-Care Diagnostic Filtering, Interoperability Are Essential in the Age of TEFCA, QHINs
Market Overview
- UBS may soon buy its embattled rival Credit Suisse: find out more
- Top fastest-growing industries that offer attractive investment opportunities
- Should you buy or sell the dollar after the first collapse of a US bank in 15 years?
- Fed loans, account guarantees helped stabilize 'deposit flows' at regional banks, Treasury official says
3-6 Month HSA Investment Return Entries
- This dating stock has one of the best growth rates in Citi’s internet sphere
- GLD ETF stock price cup and handle points to more upside
6-9 Month HSA ETF Investment Entries
- ETF of the Week BONUS: Todd Rosenbluth on Fixed Income and International Equity ETFs
- Use NightShares ETFs for Non-Correlated Exposure Across Asset Classes
Precious Metal & Macro Rundown
- RiverFront’s 2023 Long-Term Forecasts: The Selloff’s ‘Silver Lining’: Stock and Bond Forecasts Higher Across the Board
- Gold Price Nears US$2,000 as US Banks Collapse
Getting healthy to avoid a big expense
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While health insurance premiums and related expenses are important when it comes to cash flow, your health itself is key to other financial considerations. | ||
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Disjointed healthcare is troubling!
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Americans' health care is often tied to the workplace. That makes it hard for insurers to invest in a patient's long-term well-being. #hsapay | ||
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The perception among Americans is often that health insurance providers prioritize their profits over the long-term health outcomes of their beneficiaries. However, it would be unfair to label these insurers as heartless, as their motivation for profit is shared by medical professionals and other healthcare industry players.
In fact, the drive for profitability fuels innovation and ensures that the United States remains at the forefront of medical advancements. This is why people from all over the world come to the U.S. for medical treatment.
Preserve Access to Home Oxygen Therapy Post-Pandemic
CMS should honor its commitment to Medicare beneficiaries, especially those who began home respiratory therapy under the PHE, without requiring them to “restart” the documentation process.
The Covid-19 public health emergency (PHE) was always bound to conclude. The important flexibilities CMS granted during the PHE helped ensure access and continuity of care for millions of patients during the most unprecedented health crisis in living history.
Yet, given the exceptional vulnerability of America’s home respiratory patients—many of whom have chronic, complex diseases such as COPD and ALS—this population simply can’t afford to return to the pre-pandemic status quo.
Why Point-of-Care Diagnostic Filtering, Interoperability Are Essential in the Age of TEFCA, QHINs
Without a new set of tools that clinicians can access at the point of care, the availability of information from QHINs will increase provider burdens because they will struggle to find the information needed to evaluate a patient, take action, complete documentation, and move to the next patient.
The advancement of health data interoperability has taken a significant stride forward with the recent announcement by the U.S. Department of Health and Human Services. The first six organizations have been designated as Qualified Health Information Networks (QHINs) under the Trusted Exchange Framework and Common Agreement (TEFCA).
HSAPAY Investment Overview
Stock Tickers: AAPL, TSLA, LAD, ALGM, HESS, SLB, SBUX, QLYS, TDG, ADM, CEIX, TITN, TPL
ETF Tickers: VIG, SCHD, DGRO
UBS may soon buy its embattled rival Credit Suisse: find out more
Following Credit Suisse's successful acquisition of a $54 billion lifeline from the Swiss National Bank, the stock market has responded unfavorably, with shares currently down over 45% compared to their year-to-date high. Despite Credit Suisse's reassurances that it does not share the same problems that caused the collapse of Silicon Valley Bank, investors remain skeptical, citing a larger than expected loss of $1.45 billion in Q4.
In addition, anonymous sources have reported that Swiss regulators have communicated with their U.S. and U.K. counterparts, stating that a merger is their "Plan A," although other options are under consideration. When approached for comment, both UBS and Credit Suisse declined to speak on the matter presented in the Financial Times report.
Top fastest-growing industries that offer attractive investment opportunities
The financial world is in turmoil, causing investor unease and sending markets into a frenzy. With the S&P 500 falling 1% and the Dow Jones Industrial Average plummeting nearly 400 points, it's clear that the finance and banking sector is taking a hit. Credit Suisse (SWX: CSGN) and First Republic Bank (NYSE: FRC) are struggling to stay afloat amidst ongoing rescue efforts, and a complete market downturn could easily undo all the gains made in recent months.
However, seasoned market experts know that where there is chaos, there is opportunity. If you're keen on investing, consider looking beyond the traditional financial sector and explore the exciting world of emerging industries. The top sectors to look for growth are Renewable Energy, Healthcare Technology, Artificial Intelligence, Electric Vehicles, Biotechnology, E-Commerce, Online Casinos, & Renewable Energy.
Should you buy or sell the dollar after the first collapse of a US bank in 15 years?
Financial markets are experiencing turbulence once again, with the upcoming US inflation report and the Federal Reserve's interest rate decision adding to the uncertainty. The recent closure of Silicon Valley Bank by the Federal Deposit Insurance Corporation has caused a significant increase in volatility, leaving many investors confused.
The Federal Reserve's recent suggestion of the need for further funds rate hikes conflicts with the events in the US banking sector, which are a direct result of the Fed's aggressive rate hikes over the past year. This has caused speculation as to whether the Fed will continue with its current narrative, focusing solely on inflation, or if it will accommodate policy and end the tightening cycle now.
Fed loans, account guarantees helped stabilize 'deposit flows' at regional banks, Treasury official says
According to Treasury Deputy Secretary Wally Adeyemo, the recent emergency loans provided by the Federal Reserve to numerous small and mid-sized U.S. banks have been instrumental in stabilizing the economy.
Although federal regulators acted quickly to contain the fallout from the recent banking crisis, the effects are still being felt throughout the economy. Despite this, the $30 billion deposited into First Republic Bank by 11 banks to bolster confidence in the system has yet to be fully reflected in the markets.
The amount of money borrowed by banks from the Fed's discount window reached a record-breaking $153 billion by Wednesday of last week, indicating the severity of the crisis
This dating stock has one of the best growth rates in Citi’s internet sphere
A sharp decline in shares of Bumble Inc (NASDAQ: BMBL) over the past six weeks is an opportunity to buy a quality name at a deep discount, says Ygal Arounian – Equity Research Analyst at Citi.
The Bumble buzz is all about a potential $24 share price, according to Arounian, who kicked off coverage of the dating app with a glowing "buy" rating. This projection indicates a nearly 25% surge from the previous night's closing price. The Citi analyst was impressed by Bumble's impressive growth rate among internet stocks, with the core app snagging more market share in online dating and recent product launches boosting the number of paying users. The company's commitment to empowering women and targeting younger audiences also earned high marks from the research note. All in all, the future looks bright for Bumble, with plenty of room to grow in the online dating world.
GLD ETF stock price cup and handle points to more upside
The SPDR Gold Trust (GLD) stock has experienced a surge in demand as investors seek refuge from the plummeting stock and bond markets. GLD has spiked to $180 - its highest level since February - as gold prices soared. This impressive feat represents a 6% increase from the stock's lowest point on February 24.
💎 Gold has always been a safe haven, and the SPDR Gold Trust is the largest gold-focused ETF globally with over $56 billion in assets. 💸 It follows gold performance, making it an easier and convenient way for investors to invest in the precious metal. 📈
👀 In the past few days, many investors have moved to gold as a safer option due to the rising jitters in the banking sector. Most bank stocks dropped by more than 5%, with Credit Suisse shares falling by over 30%. This happened after the company’s moneyed shareholder, Saudi National Bank
ETF of the Week BONUS: Todd Rosenbluth on Fixed Income and International Equity ETFs
Financial advisors attending a webcast hosted by VettaFi in March were surveyed on their predictions for developed international markets in comparison to the United States. Most respondents, comprising 54%, expressed confidence that international equity ETFs would outperform the U.S. market in the coming year. A quarter of advisors predicted equal performance for both markets, while only 21% believed the U.S. would outperform international markets.
“International investing just seems like a better alternative for many investors,” Rosenbluth said. 💸💰💼
And with that information the financial advisors provided, VettaFi went to find some investment ideas. 💡 The largest of these is the Vanguard FTSE Developed Markets ETF (VEA), which is slightly larger than the iShares Core MSCI EAFE (IEFA). 💵
Use NightShares ETFs for Non-Correlated Exposure Across Asset Classes
Financial advisors have the option to incorporate NightShares ETFs into their clients' investment portfolios to achieve a diversified exposure across asset classes with minimal correlations. The inclusion of alternative assets is a common practice to mitigate overall portfolio risk and enhance returns. By adding non-correlated assets, such as NightShares ETFs, investors can reduce portfolio volatility and potentially achieve higher returns.
Interestingly, investing during the night session can provide similar benefits as other alternative investments. This is because overnight markets typically have lower correlations to the broader market than other popular alternatives, such as real estate and equity hedge funds. Hence, NightShares ETFs can be an effective tool for diversifying clients' portfolios.
🙌 And the cherry on top? The night effect! 🍒 Overnight markets have outperformed daytime trading 🌙📈 - a great reason to consider NightShares ETFs! 🚀
RiverFront’s 2023 Long-Term Forecasts: The Selloff’s ‘Silver Lining’: Stock and Bond Forecasts Higher Across the Board
The future is bright and full of promise, with opportunities for growth and prosperity waiting to be seized. Our forecast for the 10-year Treasury yield suggests a slight increase across all scenarios, driven by our belief in sustained inflation and a proactive response from the Federal Reserve. This is a testament to the resilience of the American economy and our ability to adapt to changing circumstances.
Our research also indicates that US stocks are poised for forward earnings growth, particularly in an inflationary environment. We have increased our forecast accordingly, recognizing the potential for positive outcomes in the years ahead. Even in the international arena, we remain optimistic and have raised our expectations for earnings growth in the Bull Case.
Gold Price Nears US$2,000 as US Banks Collapse
💰📈 Gold prices soared to almost 💲2,000 per ounce on Friday (March 17) due to the ongoing uncertainty caused by the collapse of multiple American banks 😱. The precious metal closed at 💲1,988.18, marking a 3.6% increase for the day. 🤑 Gold's ascent to the highly coveted 💲2,000 level was fueled by the recent collapses of Silicon Valley Bank (SVB) and Signature Bank, which have pushed investors towards perceived safer asset classes. 💪🏽 The yellow metal's climb began last week as rumors of SVB's struggles became reality and continued through the collapse of Signature Bank on March 12. 📅 Gold initially surpassed the 💲2,000 level in mid-2020 due to the impact of the COVID-19 pandemic on the global economy. 🌍
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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Enjoy,
frank
