Market Moment
Glen Eagle®: America’s Women-Owned Trading Desk®  
03/14/2022

  • Since 1960 if an investor had bought the S&P500 on the day it reached a 10% decline they would have realized a profit a year later 81% of the time. The average gain over that year was also 12% compared to an average of 9% in all periods. 
  • Many investors have fled European stock markets since Russia first invaded Ukraine. Yet, the United Kingdom’s FTSE 100 index may be an attractive way to keep exposure to the continent while still hedging against market risks. The traditionally-defensive sectors of energy, materials, healthcare, and utilities compose 58% of the index compared to just 31% for the MSCI world benchmark.
  • The company in the S&P500 with the highest revenue exposure to Russia is Philip Morris International at 8%. Other companies with notable revenue exposure include McDonalds (4.5%), PepsiCo (4.3%), EPAM systems (4.1%), and Mondelez International (3.1%)
  • Many investors have become accustomed to quick recoveries after corrections. History, however, shows that this is not always the case. If you had invested $1,000 in large US stocks at the beginning of 1966 your investment would have been worth just $580 by 1974. In fact, it would have taken until the end of 1982 for you to make any profit at all (taking inflation into account).
 

Bloomberg – Stock Market Bottom Slipping Away After 13 Years of Dip Buying
Bloomberg – Recession Risks Are Piling Up And Investors Need to Get Ready
Barrons – Pepsi, McDonald’s, and 8 Other Companies That Have a Lot to Lose in Russia
WSJ – The Secret to Braving a Wild Market



Economic Calendar

Monday: 1 year and 3 year inflation expectations
Tuesday: Producer price index (Feb), Empire State manufacturing index (Mar)
Wednesday: Retail sales (Feb), Import price index (Feb), NAHB Home builders index (Mar), Business inventories(Jan), FOMC Announcement of Fed Funds rate, Fed Chair Powell news conference
Thursday: Building permits (Feb), Housing starts (Feb), Philadelphia Fed manufacturing survey (Mar), Industrial production index (Feb), Capacity utilization rate (Feb)
Friday: Existing home sales (Feb), Index of leading economic indicators (Feb)
US Futures*
S&P 434.50 +0.79%
DOW 33,239 +0.95%
NASDAQ 13,361 +0.52%

World Markets*
FTSE 67185.25
+0.41%
NIKKEI 25,307.85
+0.58%
HANG SENG 19,531.60
-4.97%

*values as of 5:45 AM EST 03/14/2022
Treasuries*
3 Mo 0.411%
10YR 2.096%
30 YR 2.457%

Currencies*
Euro $1.0976
Pound $1.3049
Yen $117.85

Commodities*
Gold 1964
-1.06%
WTI Crude 104.71 -4.23%
Silver 25.68
-1.82%


Upcoming Earnings Calls

Monday - MTN, COUP
Tuesday - CAL, DOLE, VWAGY
Wednesday - JBL, LEN, WSM, ZTO
Thursday- DG, FDX, GME, CRV
Friday - ONON


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


Ansie Monaghan
Carol Ann Fernandez

Glen EagleWealth, LLC
4422C Route 27
PO Box 399
Kingston, NJ 08528
(609) 631-8231

Glen Eagle Wealth | www.gleneagleadv.com