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Market Moment
Glen Eagle®: America’s Women-Owned Trading Desk®
6/22/2026
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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
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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
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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
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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
- MFS -“Beyond the News”
- A Wealth of Common Sense - “Animal Spirits: How Much is $1 Trillion”
- 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)
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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
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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%
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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%
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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
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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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