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Market Moment
Glen Eagle®: America’s Women-Owned Trading Desk®
1/22/2025
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The best-performing stocks rarely survive the test of time. Only six of the top twenty largest S&P 500 companies in 2000 remain on the list today (Microsoft, Walmart, Exxon Mobil, Johnson & Johnson, Procter & Gamble, and Home Depot). *1
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The average U.S. insurance premium rose by 33%, from $1,902 in 2020 to $2,530 in 2023, reflecting the increase in billion-dollar natural disasters. In the 1980s, the U.S. averaged 3.3 such disasters per year, but from 2022 to 2024, the average was 24.3 per year. 2
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Historically, bull markets last 55 months and provide 202% cumulative returns. From October 2022 to December 2024, the current bull market is only 26 months old and has provided 74% returns. *3
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Technology stocks have increased the size of the U.S. stock market. With a market capitalization of $60 trillion, the U.S. stock market, which now has 47% of its composition in technology stocks, is 4x the size of the next biggest stock market. *4
- Oaktree - "On Bubble Watch"
- Barrons- "How California’s Wildfires Could Lead to Higher Insurance Costs for the Rest of the Country"
- BlackRock - "Student of the Market"
- Barrons - "The Incredible Growing Stock Market"
*Past performance is not indicative of future performance
Economic Calendar
Monday:
None scheduled, Martin Luther King Jr. holiday
Tuesday:
None scheduled
Wednesday:
U.S. leading economic indicators (Dec)
Thursday:
Initial jobless claims (Jan)
Friday:
Existing home sales (Dec), Consumer sentiment (final) (Jan), S&P flash U.S. services PMI (Jan), S&P flash U.S. manufacturing PMI (Jan)
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US Markets*
S&P 6,010.59 +0.23%
DOW 43,731.11 +0.56%
NASDAQ 19,562.03
-0.35%
World Markets*
FTSE 8,537.48
+0.20%
NIKKEI 39,027.98
+0.32%
HANG SENG 20,106.55 +0.91%
*values as of 10:20am EST 1/21/2025
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Treasuries*
2 YR 4.274%
10YR 4.576%
30 YR 4.804%
Cryptocurrencies*
BTC-USD
103,100.50
-3.94%
ETH.CM
3,277.33
-2.41%
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Currencies*
Euro $1.0388
Pound $0.8134
Yen $155.5480
Commodities*
Gold 2,750.70
+0.07%
WTI Crude 76.20
-2.16%
Silver 31.37
+0.74%
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Upcoming Earnings Calls
Monday - Martin Luther King Jr. holiday
Tuesday - NFLX, HDB, SCHW, PLD, MMM
Wednesday - PG, JNJ, ABT, GEV, IBN
Thursday- ISRG, GE, TXN, UNP, ELV
Friday - AXP, VZ, NEE, HCA, ERIC
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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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