With mortgage rates near 7% and record-high home prices, first-time buyers now make up just 24% of home sales—down from 50% in 2010. 1
U.S. stocks dominate global equity indexes, even though the U.S. accounts for just 4% of the world’s population and 26% of global GDP. Yet this year, the S&P 500 is up only 1.5%, while the Vanguard FTSE All-World ex-US ETF has surged 14.6%. *2
The American job market has becoming increasingly fluid with a recent study showing that the average American now changes jobs about 12 times between ages 18 and 56. 3
The number of U.S. public companies has fallen from 8,000 in 1996 to 4,000 today, while private equity-backed firms now exceed 11,500. Yet public markets still dominate in value, totaling $61 trillion—far surpassing the private equity market. *4
Apollo- "First-Time Home Buyers Making Up a Smaller and Smaller Share of the Market"
Barrons - "Your Portfolio May Need Some International Flair. Here’s How to Add It."
Barrons - "3 Mistakes to Avoid When Investing for Retirement"
Barrons - "Private Markets Are Crowding Out Public Markets. Where’s the SEC?"
*Past performance is not indicative of future performance
Economic Calendar
Monday:
Wholesale inventories (Apr)
Tuesday:
NFIB optimism index (May)
Wednesday:
Consumer price index (May), CPI year over year, Core CPI (May), Core CPI year over year, Monthly U.S. federal budget (May)
Thursday:
Initial jobless claims (Jun), Producer price index (May), Core PPI (May), PPI year over year, Core PPI year over year
Friday:
Consumer sentiment (prelim) (Jun)
US Markets*
S&P 6,014.50 +0.13%
DOW 42,841.00 +0.07%
NASDAQ 21,803.75
+0.06%
World Markets*
FTSE 8,819.71
-0.21%
NIKKEI 38,088.57
+0.92%
HANG SENG 24,181.43 +1.63%
*values as of 10am EST 6/9/2025
Treasuries*
2 YR4.014%
10YR 4.496%
30 YR 4.973%
Cryptocurrencies*
BTC-USD
109,962.02
+1.15%
ETH.CM
2,515.74
+0.10%
Currencies*
Euro $1.1399
Pound $0.7389
Yen $144.7030
Commodities*
Gold 3,338.30
-0.25%
WTI Crude 64.44
-0.22%
Silver 36.58
+1.21%
Upcoming Earnings Calls
Monday - WDS, CASY, VFS, LU, PACS
Tuesday - GME, CNM, SJM, GTLB, CIG
Wednesday - ORCVL, HLN, CHWY, SAIL, RNW
Thursday- ADBE, FER, KEP, FRHC, TLX
Friday - CCEP, KT, SBSW, GENC, ALTS
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
