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Market Moment
Glen Eagle®: America’s Women-Owned Trading Desk®
8/31/2026
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In 1978, 58% of 16- to 19-year-olds had summer jobs. That figure fell to a low of 29.6% in 2010 but has steadily risen since, reaching 35.5% this past summer. 1
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U.S. gross debt has surpassed $40 trillion. Publicly held debt is approaching 100% of GDP, up from just 31.5% in 2001 and nearing World War II-era levels. *1
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Wedding spending rose 8.5% in the first half of 2026. 31% of couples now report using family support, credit cards, or loans to help cover wedding costs. 2
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Younger consumers are drinking less, with only 32% of Gen Z drinking weekly compared with 45% of older generations, creating a long-term headwind for alcohol companies. 3
- MFS - “Beyond the News”
- WSJ - “Some Take On Debt for Their Weddings. These Brides Are Making Money.”
- Barron’s - “Why Beer and Alcohol Stocks Are No Bargain”
*Past performance is not indicative of future performance
Economic Calendar
Monday:
No events scheduled
Tuesday:
US Manufacturing PMI, ISM Manufacturing PMI, Construction Spending, Job Openings & Labor Turnover Survey
Wednesday:
ADP National Employment Report, Factory Orders, Federal Reserve Beige Book
Thursday:
U.S. Trade Balance, Weekly Jobless Claims, Fed Governor Christopher Waller speaks, US Services PMI, ISM Services PMI, Cleveland Fed President Beth Hammack and Chicago Fed President Austan Goolsbee speak
Friday:
Employment Report, Unemployment Rate, Avg Hourly Earnings M/M, Avg Hourly Earnings Y/Y
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US Markets*
S&P 7,674.39 -0.48%
DOW 53,213.58 -0.65%
NASDAQ 26,288.46
-0.43%
World Markets*
FTSE 10,824.26
+0.29%
NIKKEI 66,311.93 -0.14%
HANG SENG 25,566.99 -0.07%
*values as of 11:35am EST 8/31/2026
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Treasuries*
2 YR 4.337%
10YR 4.760%
30 YR 5.261%
Cryptocurrencies*
BTC-USD
78,559.08
-0.33%
ETH.CM
2,471.76
-0.37%
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Currencies*
Euro $1.1621
Pound $0.7378
Yen $159.7570
Commodities*
Gold 4,483.20
-1.03%
WTI Crude 85.43
+2.36%
Silver 66.93
-1.27%
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Upcoming Earnings Calls
Monday - SSL, SAIC, GRFS, CHRN, CURR
Tuesday - PANW, DELL, MDT, CRDO, MDB
Wednesday - AVGO, SNOW, HPE, NTAP, TCOM
Thursday - CIEN, CRPT, ZS, IOT, GRWE
Friday - KT, NB, KNOP, IMPP, HTLM
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Client Focused Trading® for large institutions, pensions, hedge funds, wealthy families, and private equity for over 30 years.
Glen Eagle Wealth, LLC is a member FINRA and SIPC
This desk commentary is for informational purposes only
Carol Ann Fernandez
Rob Michel
Grier Vacek
Glen Eagle Wealth, LLC
4422C Route 27
PO Box 399
Kingston, NJ 08528
(609) 631-8231
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