facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause
January 13, 2025 Investor Insights Thumbnail

January 13, 2025 Investor Insights

Top 10 Dominate

January 13, 2025

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. 

  • In 2024, the top 10 companies made up 68.1% of the S&P 500's performance, similar to 68.4% in 2023. Excluding the magnificent 7 stocks, the S&P 500 would have returned only +9.8% in 2024, emphasizing the dominant influence of these major companies. *1
  • Recent data implies snack companies could be hurt by the new diabetic/weight loss drugs. Households with a GLP-1 user cut grocery spending by 6% in six months. The biggest drop was in savory snacks (-11%). 2
  • 36% of Americans took on holiday debt, averaging $1,181 (up 14.9% from last year). Of those, 42% regret their spending, but 59% expect to pay it off within four months. 2
  • The U.S. spends about three times more on pharmaceutical drugs than other countries. Consequently, the U.S. makes up 25% of the global economy but 70% of pharmaceutical profits, with an average spending of $1,564.10 per person. 3

Sources:

  1. The Irrelevant Investor - "The Compound and Friends: Dark Matter"
  2. MFS - "Beyond the News"
  3. WSJ- "Trump Says World Is Free-Riding on U.S. Health Spending. He Has a Point.

*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 a SEC Registered Investment Advisor 

Glen Eagle ADV Part 2A 

www.gleneagleadv.com 

#GlenEagle #InvestorInsights #Newsletter #StockMarket