August 10, 2026 Market Moment

Market Moment

Glen Eagle®: America’s Women-Owned Trading Desk®

8/10/2026

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

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

*Past performance is not indicative of future performance

Client Focused Trading® for large institutions, pensions, hedge funds, wealthy families, and private equity for over 30 years.

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This desk commentary is for informational purposes only

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