March 11, 2025 Market Moment
Market Moment
Glen Eagle®: America’s Women-Owned Trading Desk®
3/11/2025
- To afford the median-priced rental apartment ($1,599) while spending no more than 30% of earnings on housing, a minimum wage worker would need to work 106 hours per week. This is more than triple the national average workweek of 34.1 hours. 1
- Many Americans plan to extend full-time work, work in retirement, or never retire. About 36% of non-self-employed workers plan to retire at 70 or older, and 53% plan to work in retirement. Nearly 40% of surveyed workers fear outliving their savings. 2
- The Nasdaq has now fallen a similar amount in the last 13 trading days (-12.4%) that it fell in the first 13 trading days of the COVID Crash back in 2020. *3
- In 2024, the top three U.S. importers were Mexico ($506 billion), China ($439 billion), and Canada ($413 billion), making up 42% of total imports. These three countries accounted for $1,357 billion of total U.S. imports. 4
- MFS - "Beyond the News"
- Bloomberg- "Trump's Tarriff Flip-Flop"
- Bespoke Research
- The Irrelevant Investor - "The Compound and Friends: Tom Lee to the Rescue"
*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
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