August 31, 2026 Market Moment
Market Moment
Glen Eagle®: America’s Women-Owned Trading Desk®
8/31/2026
- In 1978, 58% of 16- to 19-year-olds had summer jobs. That figure fell to a low of 29.6% in 2010 but has steadily risen since, reaching 35.5% this past summer. 1
- U.S. gross debt has surpassed $40 trillion. Publicly held debt is approaching 100% of GDP, up from just 31.5% in 2001 and nearing World War II-era levels. *1
- Wedding spending rose 8.5% in the first half of 2026. 31% of couples now report using family support, credit cards, or loans to help cover wedding costs. 2
- Younger consumers are drinking less, with only 32% of Gen Z drinking weekly compared with 45% of older generations, creating a long-term headwind for alcohol companies. 3
- MFS - “Beyond the News”
- WSJ - “Some Take On Debt for Their Weddings. These Brides Are Making Money.”
- Barron’s - “Why Beer and Alcohol Stocks Are No Bargain”
*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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