Over the past 50 years, the S&P 500 has gained an average of 1.1% in July, rising 54% of the time. It’s the fifth-best month overall and the only one from May to October with 1%+ average gains. *1
Since 1935, when social security was signed into law, life expectancy has increased by 17 years, but the age of full Social Security benefits only increased by two years (to age 67), leading the program to add more financial strain on the country. 1
President Trump has now said BRICS countries (Brazil, Russia, India, China, South Africa) will face an extra 10% tariff. BRICS has grown from a concept into a powerful group representing 40% of the global economy and half the population. 2
Recent studies show S&P 500 dividend-paying stocks returned 9.2% annually over the past 50 years—more than double the 4.3% return of non-dividend payers, with lower volatility. *3
MFS- "Beyond the News"
Bloomberg - "What Is BRICS, the G-7 Alternative Being Pushed by China?"
WSJ - "Why Investors Are Right to Love Dividends"
*Past performance is not indicative of future performance
Economic Calendar
Monday:
None scheduled
Tuesday:
NFIB optimism index (Jun), Consumer credit (May)
Wednesday:
Wholesale inventories, Minutes of Fed's May FOMC meeting
Thursday:
Initial jobless claims (Jul), St. Louis Fed President Alberto Musalem speech, San Francisco Fed President Mary Daly speech
Friday:
Monthly U.S. federal budget
US Markets*
S&P 6,311.00 -0.21%
DOW 45,101.00 +0.01%
NASDAQ 22,984.00
-0.34%
World Markets*
FTSE 8,808.81
-0.16%
NIKKEI 39,587.68
-0.56%
HANG SENG 23,887.83 -0.12%
*values as of 9:30am EST 7/7/2025
Treasuries*
2 YR3.878%
10YR 4.364%
30 YR 4.891%
Cryptocurrencies*
BTC-USD
108,421.86
-0.04%
ETH.CM
2,562.49
+0.90%
Currencies*
Euro $1.1741
Pound $0.7339
Yen $145.6610
Commodities*
Gold 3,318.90
-0.88%
WTI Crude 67.51
+0.76%
Silver 36.50
-1.59%
Upcoming Earnings Calls
Monday - GL, LU, SVA, CODI, MSBI
Tuesday - KRUS, AEHR, SAR, PENG, KRUS
Wednesday - AZZ, PCYO, TMQ, BSET, THTX
Thursday-DAL, CAG, LEVI, PSMT, SMPL
Friday - VIST, HIFS, UNTY, GLDG, FNGR
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