February 19, 2025 Market Moment

Market Moment

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

2/19/2025

• In 2024, it cost 3.7 cents to make a penny, up from 3.07 cents in 2023. The U.S. Mint lost $85.3 million last year, producing nearly 3.2 billion pennies. 1
• From 1996 to 2024, dog-owning households in the U.S. nearly doubled, and cat-owning households increased by 56%. Almost half of U.S. households now own a dog, and one-third own a cat. The pet care industry grew 66% in the past six years, reaching $151 billion in 2024. 2
• Disney's theme parks division, "Experiences," made up 70% of Disney's operating income in 2023, up from 41% in 2019. In 2024, a typical four-day visit to Walt Disney World for a family of four cost $4,266, up from $3,230 five years earlier. 3
• Gold futures rose 11% in 2025 after a 27% increase in 2024. Central banks, including those in China, Turkey, Russia, and Poland, have been buying gold to diversify away from the dollar. Global investment demand for gold increased by 25% in 2024. *4

1. WSJ - "What Trump’s Plan to Stop Minting Pennies Means for Consumers"
2. Barrons - "Americans Are Spoiling Their Pets. Buy This Gourmet Meal Maker’s Stock."
3. WSJ- "Even Disney Is Worried About the High Cost of a Disney Vacation"
4. Barrons - "Gold Has Surged. Why Gold Mining Stocks Are a Better Bet."

*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 

Glen Eagle Wealth, LLC 

4422C Route 27 PO Box 399 

Kingston, NJ 08528 

(609) 631-8231 

Glen Eagle Wealth | www.gleneagleadv.com 

#GlenEagle #MarketMoment #Newsletter