CBX Daily 1/12/2025

Today, soaring U.S. healthcare costs are pushing patients abroad… But let's start with how folks are narrowing the investment gap by embracing stocks and even riskier plays

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The Rise of High-Risk Investing in a Low-Trust Economy

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Minority Americans have faced systematic exclusion from a number of American institutions including investment opportunities, though that could be changing. The investment gap between Black and white Americans has recently narrowed, with higher stock market participation among young Black people under 40. In an effort to take back power, interest in investing has grown as this demographic has developed a propensity to take on riskier investments.  

BBLs and Instagram Economics: How Social Media Fuels Medical Tourism

As the cost of healthcare care continues to rise in the U.S., medical tourism, a process of traveling to a different country for procedures is becoming increasingly popular. Pop culture stars like Kim Kardashian West and Nikki Minaj who receive major attention for their shapely physiques have become the modern-day apogee of plastic-surgery normalization. With cost savings of up to 90% for surgical or cosmetic procedures, the medical tourism market is expected to reach more than $200 billion globally by 2027.

Golden Years Turned Grim: The Retirement Reality For Women

There's a global wealth migration looming with 0.24% of the total global millionaire population planning to relocate in 2025. A good number of these high-net worth individuals are looking at UAE and Singapore as potential locations. With the murky waters in countries facing political and financial instability, the migration is imminent but on the bright side, the number of millionaires is always on the rise as in 2024, there was a 5.1% increase in the number of millionaires.

Golden Years Turned Grim: The Retirement Reality For Women

For many women, retirement is no longer a reward, it’s a reckoning! As the retirement landscape continues to shift, a growing crisis is emerging—one that disproportionately affects women. Despite decades of participation in the workforce, women are retiring with just 70% of the savings their male counterparts. Consequently, women are 80% more likely to live in poverty during retirement. The harsh reality is that the golden years have turned grim – what should be a time of rest and comfort has become a struggle for financial survival.

Dry January Presents A New Silver Lining For The Alcohol Industry

Every New Year, millions of people around the world embark on a month-long journey of self-improvement. One of the most popular initiatives is ‘Dry January’, a trend that encourages participants to abstain from alcohol for the entire month. After all, a significant portion of alcohol companies' consumer base abstaining from alcohol for an entire month could potentially lead to a significant dip in sales. While Dry January might seem like a sobering time for the alcohol industry, it's far from a financial dry spell. 

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