Wealth Management News & Insights
Where Have All the Young Home Buyers Gone? IKEA’s Yearslong Price-Cutting Bonanza Is Coming to an End, Netflix Jumps Into Podcasts With Spotify Deal
Primary Sources
- Federal Open Market Committee: A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors on Tuesday, September 16, 2025. [FRB]
- Summary of Economic Projections: In conjunction with the Federal Open Market Committee (FOMC) meeting held on September 16–17, 2025, meeting participants submitted their projections of the most likely outcomes for real gross domestic product (GDP) growth, the unemployment rate, and inflation for each year from 2025 to 2028 and over the longer run. [FRB]
The chart above displays the Federal Open Market Committee (FOMC) participants’ assessments of the appropriate federal funds rate between 2025 – 2028 and the long run, showing a general expected decline.
Financial Markets
- Waymo Is Going to London – Alphabet Stock Rose: Self-driving cars are expanding rapidly across the nation—and now across the pond. [Barrons]
- Trump Ramps Up Trade War as New Tariffs on Lumber and Furniture Take Effect: The president is threatening to widen his trade war against China as tariffs on timber, lumber, kitchen cabinets and other products took effect on Tuesday. [NYT]
- Why Biotech’s Rally Can Last This Time: After years on the sidelines while investors piled into the next big thing in AI or crypto, biotech is back in focus. The question is whether this rally marks a real recovery or just another short-lived bounce. [WSJ]
- Oracle Isn’t Answering the Hardest Questions About Its AI Plans: Software giant boosts long-term targets, but paying for an artificial-intelligence build-out will stretch its resources. [WSJ]
Financial Planning
- Where Have All the Young Home Buyers Gone? Check the Stock Market: The rent vs. buy debate has taken on new meaning for Gen Z thanks to soaring share prices and more investment options. [WSJ]
- Want to Know What You’ll Pay for College? There’s a Fast New Calculator for That: Nearly two dozen private colleges are offering an online tool that factors in need-based grants and scholarships to estimate students’ actual costs. [NYT]
Business Strategy
- Delta and United Are Leaving Other Airlines Behind: Delta Air Lines and United Airlines have accounted for most of the industry’s profits since 2022. Their appeal to wealthy travelers could become a liability if the economy weakens. [NYT]
- AI Data Centers, Desperate for Electricity, Are Building Their Own Power Plants: Bypassing the grid, at least temporarily, tech companies are creating an energy Wild West; ‘grab yourself a couple of turbines’. [WSJ]
- Netflix Jumps Into Podcasts With Spotify Deal: Netflix will show video versions of 16 podcasts on sports, culture, entertainment and true crime. [NYT]
- IKEA’s Yearslong Price-Cutting Bonanza Is Coming to an End: Furniture retailer is raising prices on some products and working to source more goods in the U.S. because of Trump’s tariffs. [WSJ]
- Apple Signs $700mn Deal for US Formula 1 Rights: iPhone maker becomes latest Big Tech group to expand further into screening live sports. [FT]
- Salesforce’s Dreamforce Conference Kicks Off – CEO Benioff Touts AI Tool Agentforce: Salesforce is focusing on Agentforce, its artificial-intelligence-agent platform that allows users to build and deploy agents to complete tasks based on prompts. [Barrons]
Life & Work
- Visiting the European Union? Expect to Give Your Biometric Data: A system that began on Sunday requires the collection of biometric information from visitors crossing borders. It will eventually replace the stamps in your passport. [NYT]
- The Suburban Dad Who Calls Plays for 100 College Football Teams: Michael McRoberts is the brains behind ‘The Game Book,’ which has emerged as an in-game strategy bible for many of the top coaches in America. [WSJ]
- Chicago Winter Could Be Coldest, Snowiest in Years Thanks to Weather Phenomenon Called “The Blob”: Twenty-three nights with temperatures below zero, and snow falling every other day for months; many Chicagoans remember the winter of 2013-2014 as a long and difficult one. [CBS]
- Here’s a Sneak Peek Into Southwest’s New Boarding Plan: The airline is ditching open seating, and fliers are going to have to get used to the boarding-group grind. [WSJ]
- Are Saunas the Latest Office Perk?: Sweating in a hot box followed by an icy plunge is one way to ease the daily grind. [FT]
The chart above outlines the estimated cumulative shipment contribution of different Ferrari product lines between 2026 and 2030, with Range models being the primary contributors.