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Meet IRMAA. This is not a seniors dating site, but every senior on Medicare should be intimately familiar with IRMAA the initials that stand for “income-related monthly adjustment amount.” Its the amount by which your Medicare Part B and Part D premiums increase each year, based on your recent modified adjusted gross income (MAGI). […]
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Britain's economy stagnated in the third quarter, showing zero growth, revised down from an initial 0.1% estimate. This slowdown, preceding the Labour government's October budget, is attributed to higher interest rates, weaker overseas demand, and concerns over the budget's tax rises and increased borrowing plans.
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Gautam Duggal, Head of Research at Motilal Oswal, sees limited PE re-rating potential, primarily in large-cap financials and capital market stocks. He favors earnings visibility and large-caps, suggesting increased weight on Reliance and HDFC Bank. With earnings growth scarce, portfolio construction for 2025 emphasizes sectors like IT, industrials, and select consumer discretionary areas.
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