December 30, 2024 Market Moment

Market Moment

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

12/30/2024

The S&P 500 has gained 20%+ for two straight years. Only three times in history has it done so for a third: 1935-36 (followed by a 39% plunge in 1937), 1954-55 (a 2.6% rise in 1956), and 1995-98 (nearly 20% in 1999). *1
In the U.S., more than 4.1 million people will turn 65 each year from 2024 to 2027. 2
75% of Baby Boomer homeowners plan to leave their homes or sale proceeds to their children, benefiting Gen X and Millennials with an estimated $17 trillion in home equity. 3
The median age of homes in the U.S. is now 40 years, up from just 31 years in 2005. 4

Barrons - "Why the Stock Market Could Gain Another 20% in 2025"
WSJ- "What the Record Wave of New 65-Year-Olds Means for Wall Street"
401k Specialist - "Silver Tsunami Likely to Bring Wave of Wealth to Children of Boomers"
The Daily Spark - "The Median US Home is 40 Years Old"

*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.

Glen Eagle Wealth, LLC is a member FINRA and SIPC

This desk commentary is for informational purposes only

Eagle Wealth, LLC

4422C Route 27 PO Box 399

Kingston, NJ 08528

(609) 631-8231

Glen Eagle Wealth | www.gleneagleadv.com

#GlenEagle #MarketMoment #Newsletter