March 3, 2025 Market Moment

Market Moment

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

3/3/2025

The top 10% of earners (households making $250,000 or more) now account for 49.7% of all spending in the U.S., up from 36% three decades ago. Their spending alone is estimated to account for almost one-third of GDP. 1
The top 10% of earners in the U.S. also own 87% of all stocks, 84.4% of all private businesses, and 43.9% of real estate. This concentration of wealth and assets highlights this group's substantial influence on the overall economy. 2
Investors often forget how impactful dividends can be on their portfolio’s overall return. Since 1993, nearly half of the S&P 500's 2,390% total return has come from reinvesting quarterly dividends. *3
According to a recent report, a 65-year-old who retired in 2024 can expect to spend an average of $165,000 on healthcare during retirement, up nearly 5% from 2023. 4

WSJ - "The U.S. Economy Depends More Than Ever on Rich People"
The Irrelevant Investor - "Animal Spirits: Time to Get Bearish"
Bespoke- "Don't Sleep on Dividends"
MarketWatch - "As baby boomers turn 80, there aren’t enough doctors to treat ‘emergency levels’ of dementia patients"

*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

Glen Eagle Wealth, LLC

4422C Route 27 PO Box 399

Kingston, NJ 08528

(609) 631-8231

Glen Eagle Wealth | www.gleneagleadv.com

#GlenEagle #MarketMoment #Newsletter