facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause
January 22, 2024 Market Moment Thumbnail

January 22, 2024 Market Moment

Market Moment

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


In 1980 the median age for a first-time homebuyer was 29. In 2023 it had increased to 35. Similarly, the median age for repeat homebuyers rose from 36 to 58 over the same time period. 1

Over half of India's population is under 25, positioning it to become the world's 3rd largest economy within a decade.  However, it will need to address its public debt load, which equals 85% of GDP – second only to Brazil among emerging economies. 2

In 1960 US defense spending equaled $47 billion. In 2022 total defense spending reached $877 billion. Despite this rise, defense spending as a percentage of GDP has generally declined, dropping from around 9% in 1960 to less than 4% today. 3

Sustainable (ESG) investment funds have struggled recently. With their performance lagging the market and Republican politicians questioning the sustainable strategy, investors withdrew $323 billion from the funds in 2023, a 12% decline from 2021. 4 

Apollo - "Homebuyers Are Getting Older"

WSJ - "Why India Isn’t the New China"

Bespoke - "Military Industrial Complex"

Barrons - "ESG Funds Set a Dismal Record. Yet Performance Was a Drag."

*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 of FINRA and SIPC 

This desk commentary is for informational purposes only 

Carol Ann Fernandez, Rob Michel, Grier Vacek 

(609) 631-8231 


Glen Eagle Wealth, LLC | 4422C Route 27, PO Box 399, Kingston, NJ 08528-0399 

#GlenEagle #MarketMoment #Newsletter #GlenEagleTrading #StockMarket #Finance