July 21, 2025 Market Moment

Market Moment

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

7/21/2025

The Magnificent Seven outperformed the S&P 500 by 22% over 2023 and 2024, driving nearly half of the market’s gains. But through early July this year, Apple, Tesla, and Google are lagging the index by double digits. *1
Women have narrowed the retirement savings gap: Gen Z women's balances are 98% of men’s, compared to just 63% for baby boomers. Factors such as higher 401(k) participation (54% of Gen Z women vs. 44% of men) and shifting investment attitudes are contributing to this trend. 2
In the first half of 2025, JPMorgan earned $30B of profit — more than double its nearest competitor. As a result, JPMorgan’s stock is now worth more than the combined market value of Bank of America, Citigroup, and Wells Fargo. *3
The 2020s are experiencing the worst real (inflation-adjusted) returns for U.S. government bonds across all maturities on record, with 5-year, 10-year, and 20-year treasuries showing real returns of -3.5%, -5.1%, and -8.3% respectively. *4

Advisorpedia - "The Magnificent Seven Are No Longer So Magnificent
Barrons- Women Live Longer Than Men. The Great (Horizontal) Wealth Transfer Is Coming."
Bloomberg - "JPMorgan Is Now Worth More Than Three Largest Rivals Combined"
A Wealth of Common Sense - "Is This the Worst Decade Ever For Bonds?"

*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

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