• Mid-caps have had an 11.0% annualized return since 1991, outperforming small caps (9.05%) and large caps (10.4%). They outperformed large caps 56% of the time and small caps 92% of the time in monthly five-year rolling periods. *1
• Most people do not realize that YouTube has now been the top TV streaming service in the U.S. for the past two years. In December 2024, it captured a record 11.1% share of TV usage, ahead of Netflix (8.5%), Prime Video (4.0%), Hulu (2.5%), and Disney+ (2.1%). 2
• A recent Michigan survey shows that American consumers now expect prices to rise by 3.5% annually over the next 5-10 years, the highest rate since 1995. Over half of consumers expect the unemployment rate to also increase next year, the highest since 2020. 3
• A survey of individuals with more than $1 million in investable assets showed a difference between generations. 53% of millennials and 44% of Gen Z agreed, "I want the next generation to enjoy my money while I’m still alive,” compared to just 21% of boomers. 4

1. Invesco - "Three Reasons Why It May be a Mid-Cap Sweet Spot"
2. Variety- "YouTube Viewing on TV Now Surpasses Mobile, Desktop in U.S."
3. Bloomberg - "Evening Briefing"
4. Charles Schwab - "High Net Worth Investor Survey"

*Past performance is not indicative of future performance

Economic Calendar

Monday:

None scheduled

Tuesday:

Dallas Fed President Lorie Logan speaks in London, S&P Case-Shiller home price index (20 cities) (Dec), Consumer confidence (Feb), Fed Vice Chair for Supervision Michael Barr speaks, Richmond Fed President Tom Barkin speaks

Wednesday:

New home sales (Jan), Atlanta Fed President Raphael Bostic speaks

Thursday:

Initial jobless claims (Feb), Durable-goods orders (Jan), Durable-goods minus transportation (Jan), GDP (second reading) (Q4), Kansas City Fed President Jeff Schmid speaks, Pending home sales (Jan), Federal Reserve Vice Chair for Supervision Michael Barr speaks, Fed Governor Michelle Bowman speaks, Cleveland Fed President Beth Hammack speaks, Philadelphia Fed President Patrick Harker speaks

Friday:

Personal income (Jan), Personal spending (Jan), PCE index (Jan), PCE (year-over-year), Core PCE index (Jan), Core PCE (year-over-year), Advanced U.S. trade balance in goods (Jan), Advanced retail inventories (Jan), Advanced wholesale inventories (Jan), Richmond Fed President Tom Barkin speaks, Chicago Business Barometer (PMI) (Feb), Chicago Fed President Austan Goolsbee speaks

Upcoming Earnings Calls

Monday - OKE, PSA, O, FANG, TCOM

Tuesday - HD, INTU, AMT, BMO, WDAY

Wednesday - NVDA, CRM, TJX, LOW, BUD

Thursday- FMX, RY, TD, DELL, EOG

Friday - BRK.B, PSO, GTLS, RDNT, GHC

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