The Bigger the Better

July 24, 2023

Enjoy this week's "Investor Insights," a weekly newsletter highlighting the financial news you need and providing tips and tricks to help you make better investment decisions.

Through July 12th, the average return for all stocks in the S&P 500 was 10%. Yet there is a large discrepancy when comparing large and small stocks. The 50 largest stocks had a return of 22%, compared to just 4% for the 50 smallest stocks. ₁

Used car prices in the US had the largest decline since April 2020, dropping 4.2% in June. Yearly, prices have decreased by 10.3%. ₁

Russia's decision to quit the Ukraine grain deal, which allowed Ukraine to export grain normally, has raised concerns in the markets. Despite this, Chicago-traded wheat futures, where pre-war Ukraine accounted for 10% of world exports, have increased by 6%. 2

Nearly 70% of Israeli startups plan to relocate parts of their business outside of Israel, given the recent political uncertainty. Israel's tech sector accounts for 15% of economic output, 10% of jobs, more than 50% of exports, and 25% of tax income. ₃

If you would prefer not to receive these weekly updates, click the button below.

Opt-Out of Investor Insights Emails*

Other Glen Eagle Resources

Recent Newsletter

Webinar Recording

Please feel free to share this newsletter with your network

Your Glen Eagle Advisors

Susan Michel

Rob Michel

Carol Ann Fernandez

Schedule a Meeting with The Michel Team

MFS - "Beyond the News"
Barrons - "Russia Ends Ukraine Grain Deal. What It Means for Prices—and Putin."
Reuters - "Israeli startups act to relocate over judicial shakeup, survey finds"

*Past performance is not indicative of future performance

*We will continue to keep you updated with our quarterly newsletters and webinar events. If you would like to update your email subscription, please click "Update Profile" at the bottom of this email.

Disclosure: This information is furnished for the use of Glen Eagle Advisors, LLC, Glen Eagle Wealth, LLC, and their clients and/or contacts. It does not constitute the provision of investment advice to any person. It is not prepared with respect to the specific objectives, financial situation, or particular needs of any specific person. Investors reading this commentary should consult with their Glen Eagle representative/financial advisor regarding the appropriateness of investing in any securities or adapting any investment strategies discussed or recommended in this newsletter.

Glen Eagle Wealth, LLC is a member of FINRA, MSRB and SIPC

Glen Eagle Advisors, LLC is a SEC Registered Investment Advisor

Glen Eagle ADV Part 2A