Market Moment

Glen Eagle®: America’s Women-Owned Trading Desk®  

3/11/2025

  • To afford the median-priced rental apartment ($1,599) while spending no more than 30% of earnings on housing, a minimum wage worker would need to work 106 hours per week. This is more than triple the national average workweek of 34.1 hours. 1
  • Many Americans plan to extend full-time work, work in retirement, or never retire. About 36% of non-self-employed workers plan to retire at 70 or older, and 53% plan to work in retirement. Nearly 40% of surveyed workers fear outliving their savings. 2
  • The Nasdaq has now fallen a similar amount in the last 13 trading days (-12.4%) that it fell in the first 13 trading days of the COVID Crash back in 2020. *3
  • In 2024, the top three U.S. importers were Mexico ($506 billion), China ($439 billion), and Canada ($413 billion), making up 42% of total imports. These three countries accounted for $1,357 billion of total U.S. imports. 4


  1. MFS - "Beyond the News"
  2. Bloomberg- "Trump's Tarriff Flip-Flop"
  3. Bespoke Research
  4. The Irrelevant Investor - "The Compound and Friends: Tom Lee to the Rescue"

*Past performance is not indicative of future performance


Economic Calendar

 

Monday:

None scheduled


Tuesday:

NFIB optimism index (Feb), Job openings (Jan)


Wednesday:

Consumer price index (Feb), CPI year over year, Core CPI (Feb), Core CPI year over year, Monthly U.S. federal budget (Feb)


Thursday:

Initial jobless claims (Mar), Producer price index (Feb), Core PPI (Feb), PPI year over year, Core PPI year over year


Friday:

Consumer sentiment (prelim) (Mar)

 

US Markets*

S&P 5,590.57 -0.42%

DOW 41,521.28 -0.93%

NASDAQ 17,498.26

+0.18%


World Markets*

FTSE 8,528.00

-0.84%

NIKKEI 36,793.11

-0.64%

HANG SENG 23,782.14 -0.01%


*values as of 10:15am EST 3/11/2025

 

Treasuries*

2 YR 3.895%

10YR 4.224%

30 YR 4.550%


 

Cryptocurrencies*

BTC-USD

80,697.96

+0.61%

ETH.CM

1,894.22

-7.35%





Currencies*

Euro $1.0913

Pound $0.7735

Yen $147.6450

 


Commodities*

Gold 2,922.30

+0.79%

WTI Crude 66.83

+1.21%

Silver 33.25

+2.21%


Upcoming Earnings Calls

 

Monday - ORCL, FNV, BNTX, SARO, MTN

Tuesday - FERG, VIK, DKS, CASY, KEP

Wednesday - ADBE, CCI, WSM, PATH, S

Thursday- WPM, DG, ULTA, DOCU, RBRK

Friday - LI, WRD, RLX, BKE, EVEX

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


Glen Eagle Wealth | www.gleneagleadv.com