Market Moment

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

6/22/2026

  • A recent New York Fed study found that remote work, not AI, may be the bigger driver of rising unemployment among recent college graduates, with unemployment in remote-capable jobs up nearly 1 percentage point while non-remote roles saw little change. 1


  • Gold officially entered bear market territory after falling more than 20% from its recent high. Historically, gold bear markets have seen a median decline of 30.5% over roughly one year. *1


  • Taiwan has passed China as the largest country weight in the MSCI Emerging Markets Index, at about 24% (vs. 23% for China). A major reason is the Taiwan Semiconductor Manufacturing Company (TSMC), which now makes up 55% of Taiwan’s index. *2


  • Toy Story 5 opened with an estimated $312 million worldwide, making it the biggest movie debut of 2026. Summer box office revenue is now 15.2% ahead of last year and just 1.9% below pre-pandemic levels. 3


  1. MFS -“Beyond the News”
  2. A Wealth of Common Sense - “Animal Spirits: How Much is $1 Trillion”
  3. Bloomberg - “Disney’s ‘Toy Story 5’ Marks Biggest Movie Debut of 2026”

*Past performance is not indicative of future performance


Economic Calendar

 

Monday:

No events scheduled


Tuesday:

US Flash Manufacturing PMI (Jun), US Flash Services PMI (Jun)


Wednesday:

New Home Sales (May), Federal Reserve annual bank stress test results


Thursday:

Durable Goods (May), 3rd Estimate GDP (Q1), Weekly Jobless Claims (Jun 20), Personal Income (May), Consumer Spending (May), PCE Price Index (May), Core PCE Price Index (May), Kansas City Fed Survey (Jun), Fed President Austan Goolsbee speaks


Friday:

Advance Economic Indicators (May), Wholesale Inventories (May), Retail Inventories (May), University of Michigan Final Consumer Sentiment (Jun)

US Markets*

S&P 7,522.77 +0.28%

DOW 51,841.81 +0.54%

NASDAQ 26,496.34

-0.06%


World Markets*

FTSE 10,430.01

+0.65%

NIKKEI 72,353.96 +1.55%

HANG SENG 23,768.52 -0.65%


*values as of 9:50am EST 6/22/2026

Treasuries*

2 YR 4.226%

10YR 4.499%

30 YR 4.933%


 

Cryptocurrencies*

BTC-USD

64,471.12

+2.19%

ETH.CM

1,773.20

+2.91%




Currencies*

Euro $1.1433

Pound $0.7551

Yen $161.8890



Commodities*

Gold 4,210.00

-0.85%

WTI Crude 73.82

-2.68%

Silver 66.66

+0.51%


Upcoming Earnings Calls

 

Monday - WDS, FRVO, EBF, POWW, MOB

Tuesday - FDX, CBRS, CCEP, CCL, SUNB

Wednesday - MU, FER, PAYX, TCOM, JEF

Thursday - DRI, SNX, FDXF, MKX, GTLS

Friday - BDRX, SBSW, APOG, HTT, GDEV

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