Alts in your retirement fund in 2025

Announcing our new partnership with Alto.

Like us here at Alts, our friends at ​Alto  are on a mission to democratize alternative investing.
Specifically, Alto lets you invest in alternative assets through a retirement account known as an ​Alto IRA​.

Alto IRA accounts are charged a simple quarterly Account Fee based on Total Invested Capital.
Good news: Alts.co subscribers get 50% off Account Fees for the first year.

PS — Alto is headquartered in ​Nashville​. If you live in the area, join us for dinner on Thursday, Oct 24 and meet CEO ​Eric Satz​ in person. Reply for details.

Disclaimer: Private securities involve risk and may result in significant losses. Important disclosures apply. Alto does not provide investment advice. Consult an investment advisor to determine whether an investment is appropriate for your portfolio.

📰 Market Headlines

Stocks are closing in on year-end with solid gains, but the Santa Claus rally remains elusive.

• The Nasdaq has surged over 30% in 2024, while the S&P 500 and Dow have risen more than 25% and 14%, respectively.

• So far, the S&P 500 is down 0.1% during the typically bullish seven-day Santa Claus period, which ends on January 3rd.

China announced it would cut import tariffs on raw materials such as ethane, certain recycled copper, and aluminum.

Apple stock touched an all-time intraday high on Thursday after Wedbush raised its price target.

Former US President Jimmy Carter died on Sunday at the age of 100. Donald Trump is now the oldest former president.

📈 Investment of the Week

It's time for some shameless self-promotion. This week, the best investment you can make is getting involved in the broader Alts community. Check out our big wins from 2024.

🧠 Make yourself heard

 📊 Ideas, trends, and analysis

• Mortgage rates climbed to 6.85%, hitting a five-month high.

• Savings rates dropped to 4.35% APY from 5% earlier this year, with further cuts expected through 2025 as the Fed continues easing.

😱 Fear and Greed Index

📊 Winners and losers

Earnings, upgrades, and acquisitions

No notable earnings this week.

Market movers

• Big Lots negotiated with Gordon Brothers to keep 200-400 stores open under Variety Wholesalers ownership.

• Barclays fired 15 Wall Street bankers and cut bonuses ahead of the holidays.

• AWS scaled back $2 billion in spending with ZT Systems as it moves to design more data center components in-house.

• Meta's Quest headsets faced widespread software issues, breaking devices for weeks.

• Trump asked the Supreme Court to pause a law that could ban TikTok.

The $100 Trillion Opportunity in AI?

The rise of AI is shaping up to be bigger than any financial trend we’ve seen before. According to seasoned investor James Altucher, this next-gen AI revolution could create a $100 TRILLION industry, and early investors could stand to benefit. He’s even laid out how a $10K investment might turn into $1 million over the coming years. Want to see the details?

Check out his personal message here

🎤 What you said last time

What you had to say:

“He is a good car salesman.. that's for sure.”

📺 What to Watch Today