As long-term care costs soar beyond $100,000 annually and lifetime dementia care adds approximately $184,500, failing to plan for family members who are older or have a disability could jeopardize your family’s financial future. The statistics are alarming: The average cost of a private nursing home room has risen to $109,628 per year nationally, with some states, like Alaska, reaching as high as $361,223. Families dealing with dementia face even greater financial challenges, with additional annual costs ranging from $56,000 to $72,400, compared to standard elder care. Despite these staggering figures, most families are unprepared for the demands of caring…

Key News Asian equities were mixed overnight, as Pakistan outperformed and Taiwan underperformed, as the US dollar weakened. Hong Kong struggled with a sell-off into the close, despite the US dollar weakness. The end of day downdraft could have been driven by quarterly and monthly rebalances, though it is hard to say for sure. Yes, Hong Kong-listed stocks are denominated in Hong Kong dollars, which are pegged to the US dollar. However, the underlying companies are mainly in China and generate revenues in renminbi. If the renminbi (CNY) appreciates, the underlying companies are theoretically worth more, which occurred overnight. CNY…