The Weekly Drop: The Solo Economy, The $1T Pill, Gen Z’s Retro Portfolio, and the Bank Data Hack
From the rising "singles tax" to Eli Lilly’s historic milestone—why the smartest money is shifting from tech hype to tangible stability.
This week gave us more than market turbulence. We saw Eli Lilly break the $1T barrier, Gen Z embrace portfolio strategies that echo older generations’ playbooks, and the Solo Economy redefine the price—and freedom—of living alone. All while a major bank data hack reminded us that security is now a central pillar of financial resilience. Here’s what mattered and why.
Major Banking Vendor SitusAMC Hit by Cyberattack, Client Data Potentially Exposed
A significant cyberattack on a key technology provider has sent ripples through the financial sector, with data from major banks including JPMorgan Chase, Citi, and Morgan Stanley potentially compromised. The vendor, SitusAMC, a New York-based company that provides services for real estate lenders, confirmed it was the target of a cyberattack on November 12.
The $1 Trillion Pill: What Eli Lilly’s Milestone Means for the Future of Health and Wealth
The stock market often feels like a popularity contest dominated by silicon chips and software code. For years, the “trillion-dollar club” has been the exclusive playground of Big Tech—Apple, Microsoft, Nvidia, Alphabet. These companies deal in data, pixels, and processing power.
📉 The Market Is Crashing — Here’s What I’m Buying (Stocks, ETFs & Crypto)
A deep red flush across the market tickers, a rising tide of panic in financial headlines, a palpable sense of anxiety—these are the unmistakable signs of a market correction. In these moments, the impulse to react emotionally is strong. Yet, what if we chose to see this not as a crisis, but as a predictable cycle? The market, after a period of exuberant growth, is simply taking a breath.
The Great Financial Inversion: Why Gen Z Wants Your Grandfather’s Portfolio
There’s a quiet inversion happening in the world of personal finance. The lines we once drew to define investor behavior are blurring, and the generational playbooks are being swapped. For years, the story was simple: young investors chase high-risk, high-reward trends, while older investors retreat to the safety of stable, traditional assets. But what if that story is no longer true?
The Solo Economy: How to Optimize Your Finances When You Live Alone
There is a hidden premium on solitude. Economists often refer to “economies of scale”—the idea that costs diminish as output increases. In a household, this means two people living together do not pay double the rent or utilities of a single person.