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Market Moment
Glen Eagle®: America’s Women-Owned Trading Desk®
3/31/2025
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Someone who invested their money at the very peak of the Dot Com bubble on March 24, 2000, saw their portfolio drop by 49% by October 2000. However, if they had held onto their investment, they would have annualized gains of over 7.5% today. *1
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American consumers now expect prices to rise annually by 4.1% over the next 5-10 years, the highest since February 1993. 2
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The S&P 500 entered correction territory on March 13, closing 10.2% below its February 19th all-time high. Of the 55 corrections since 1952, only about 25% have turned into bear markets with 20%+ drawdowns. *3
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41.8% of US consumers who applied to refinance their mortgage last year had their applications rejected. This was the highest rejection rate in at least a decade. 2
- Bespoke- "10-Baggers and 100 Baggers"
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MFS - "Beyond the News"
- Bloomberg- "US Consumer Sentiment Sinks as Tariffs Drive Price Expectations"
*Past performance is not indicative of future performance
Economic Calendar
Monday:
Chicago Business Barometer (PMI) (Mar)
Tuesday:
Richmond Fed President Thomas Barkin speaks, S&P final U.S. manufacturing PMI (Mar), Construction spending (Feb), ISM manufacturing (Mar), Job openings (Feb), Auto sales (Mar)
Wednesday:
ADP employment (Mar), Factory orders (Feb), Fed Governor Adriana Kugler speaks
Thursday:
Initial jobless claims (Mar), U.S. trade deficit (Feb), S&P final U.S. services PMI (Mar), ISM services (Mar), Fed Vice Chairman Philip Jefferson speaks, Fed Governor Lisa Cook speaks
Friday:
U.S. employment report (Mar), U.S. unemployment rate (Mar), U.S. hourly wages (Mar), Hourly wages year over year, Fed Chairman Jerome Powell speaks, Fed Governor Michael Barr speaks, Fed Governor Christopher Waller speaks
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US Markets*
S&P 5,572.00 -0.91%
DOW 41,585.00 -0.64%
NASDAQ 19,211.50
-1.26%
World Markets*
FTSE 8,556.66
-1.18%
NIKKEI 37,617.56
-4.05%
HANG SENG 23,119.58 -1.31%
*values as of 9:30am EST 3/31/2025
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Treasuries*
2 YR 3.871%
10YR 4.194%
30 YR 4.565%
Cryptocurrencies*
BTC-USD
81,910.96
-0.87%
ETH.CM
1,803.22
-0.13%
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Currencies*
Euro $1.0816
Pound $0.7730
Yen $149.4370
Commodities*
Gold 3,156.60
+1.36%
WTI Crude 69.74
+0.55%
Silver 34.70
-0.33%
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Upcoming Earnings Calls
Monday - LOAR, PVH, PRGS, SGML, TTGT
Tuesday - NCNO, KEN, MOV, ZBIO, NETD
Wednesday - BMA, RH, UNF, BB, UVV
Thursday- CAG, AYI, LW, MSM, LU
Friday - GBX, SHCO, LZM, POET, PAL
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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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