Filtering through this weeks headlines...

Top Headlines: Delivered by Advisory | Leonard Steinberg

September 15, 2025

01  More than 100 million Americans live in rental units

and almost half of renter households spend more than 30% of their income on housing costs, a level that’s traditionally considered unsustainable. Last year a record 770,000 Americans were sleeping in shelters or on the streets. 

02  Great work isn’t just about effort—it’s about energy, vision, and the belief that what we do today shapes tomorrow.

03  Encinitas This Week Surf Report:

2-4 ft most days, cleaner glassy conditions in the early mornings. Winds pick up midday and afternoons get bumpier. Best days midweek with consistent 3-4 ft sets, easing to smaller waves toward the weekend.

(Surf Report)

04  50 million luxury consumers exited the luxury goods market between 2022 and 2024, many of them aspirational shoppers who felt left behind by skyrocketing prices. The average price of luxury goods in Europe rose roughly 52% since 2019, with brands often charging a mark-up of 8-12 times on the production cost of their goods (or what I call LUXE-flation).

(Bain)

05  The cost of company health insurance plans for employees are expected to jump by an average of 6.5% in 2026, the biggest increase in 15 years.

06  The gold price is up almost 38% to date this year....gold is considered as a safe haven investment in times of economic and geopolitical uncertainty. Bitcoin is up 17% this year to date.