A family of four now needs an average annual income of $233,100 to live comfortably. Massachusetts is the most expensive ($314K); Mississippi is the cheapest ($187K). Only seven states require less than $200,000. 1
Stock ownership is highest among households earning $100K+ (87%), college grads (84%), and married adults (77%). It drops to 49% for unmarried adults, 42% for those with only a high school education, and 28% for households under $50K. 2
A recent poll by the Federal Reserve Bank of New York showed that 31% of manufacturing firms and 45% of service firms have passed all tariff costs on to their customers. Roughly 25% of both types of firms decided to absorb the costs. 3
Job postings in software development and information design have decreased by over 37% since February 2020, likely due to the impact of AI. Meanwhile, physician and surgeon postings have risen the most. 1
MFS- "Beyond the News"
Gallup - "What Percentage of Americans Own Stock?"
Liberty Street Economics - "Are Businesses Absorbing the Tariffs or Passing Them On to Their Customers?"
*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