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August 10, 2026 Investor Insights Thumbnail

August 10, 2026 Investor Insights

Dominant Texas

August 10, 2026

Enjoy this week's "Investor Insights," a weekly newsletter that highlights the financial news you need and provides tips and tricks for making better investment decisions. 

  • Mortgage debt is increasingly following Americans into retirement, with 41% of homeowners ages 65–79 and 31% of those 80+ still carrying a mortgage, up significantly from 1989. 1
  • Texas now has 57 Fortune 500 companies (more than any other state), has led the U.S. in job growth for three consecutive years, and would rank as the 8th-largest economy in the world. 2
  • Over the past 50 years, the S&P 500 has averaged just a 0.3% gain in August, making it the third-worst-performing month, with positive returns only 58% of the time. *3
  • Back-to-school and college spending is projected to reach a record $146.8 billion in 2026, up 14.5% from 2025 and 8% above the previous record in 2023. 4

Sources:

  1. Visa Business and Economic Insights - “The Great Wealth Transfer Reality Check”
  2. Barron’s - “The New Wild West: Texas Experiments With Raw Capitalism”
  3. MFS - “Beyond the News”
  4. National Retail Federation - “Back-to-School Spending Expected to Reach Record Highs”

*Past performance is not indicative of future performance

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 an SEC Registered Investment Advisor 

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www.gleneagleadv.com 

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