Since 1954, the S&P 500 has experienced a correction of 10% or more roughly once every 16 months, while full bear markets of 20% or more have occurred about once every six years. *1
Brazil’s 2025 rally is increasingly driven by election risk rather than fundamentals. The iShares MSCI Brazil ETF is up about 38% this year but remains down nearly 15% over five years, as markets focus on the 2026 presidential race. *2
U.S. households led by someone with a bachelor’s degree earn more than twice the median income of those with only a high school diploma, even as 62% of Americans—including more than half of college graduates—say college isn’t worth the cost. 3
Nearly 40% of 25-year-olds invested in the stock market in 2024, up from 6% in 2015, while speculative activity is surging: 31% of 18- to 34-year-olds have online sports-betting accounts, and 30% have wagered more than $500 in a single day. 4
Capital Group – “2026 Outlook: Long-Term Perspective on Markets and Economies”
Bloomberg – “Brazil’s Stock Market Had a Knockout Year. More Gains Hinge on Political Change.”
POLITICO – “New Poll Paints a Grim Picture of a Nation Under Financial Strain”
The Wall Street Journal – “Why My Generation Is Turning to ‘Financial Nihilism’"
*Past performance is not indicative of future performance
Economic Calendar
Monday:
Pending home sales (Nov)
Tuesday:
S&P Case-Shiller home price index (Oct), Fed meeting minutes (Dec FOMC)
Wednesday:
Initial jobless claims (Dec)
Thursday:
None scheduled — New Year’s Day holiday
Friday:
None scheduled
US Markets*
S&P 6,904.92 -0.36%
DOW 48,566.97-0.30%
NASDAQ 23,460.74
-0.56%
World Markets*
FTSE 9,871.90
+0.01%
NIKKEI 50,525.92 -0.44%
HANG SENG 25,635.23 -0.71%
*values as of 10 EST 12/29/2025
Treasuries*
2 YR3.469%
10YR 4.118%
30 YR 4.802%
Cryptocurrencies*
BTC-USD
87,549.40
-0.36%
ETH.CM
2,935.16
-0.35%
Currencies*
Euro $1.1786
Pound $1.3500
Yen $156.1770
Commodities*
Gold 4,401.60
-3.32%
WTI Crude 58.13
+2.45%
Silver 72.63
-5.91%
Upcoming Earnings Calls
Monday - LU, DJCO, BNED, ELLO, RICK
Tuesday - BHP, PURR, VWAV, CCG, BYFC
Wednesday - JBS, CODI, ALPS, NRSN, ARBK
Thursday - New Year’s Day holiday
Friday - TAYD, SVRN, FGMC, NAMM, CLRO
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
