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May 28, 2024 Investor Insights Thumbnail

May 28, 2024 Investor Insights

Investor Insights

It Pays to Be an American

May 28, 2024

Enjoy this week's "Investor Insights," a weekly newsletter that highlights the financial news you need and provides tips and tricks for making better investment decisions. 

 

  • Since WWII, the S&P 500's average change for the six months leading up to the presidential election has been +4.21%, with gains 84% of the time. 1
  • Average annual wages have risen substantially more in the US since 1990 than in other developed nations. In 2024, average US wages hit a peak of $77,074 compared to $50,871 in the UK, $46,216 in Germany, and $27,955 in Japan. 2
  • Together, YouTube and Netflix hold 47.1% of the streaming market, with shares of 25.3% and 21.8%, respectively. Amazon and Hulu are the subsequent significant players, each with a market share below 8%. 3
  • Last week, Nvidia’s market valuation reached $2.59 trillion, surpassing the combined worth of Amazon and Tesla. Nvidia is now the third most valuable company, following Microsoft at $3.06 trillion and Apple at $2.85 trillion. 4

Sources: 

  1. MFS - "Beyond the News"
  2. Advisorpedia – “A Significant Wage Disparity Emerges Between the US and Global Competitors"
  3. The Compound Media – “YouTube Has Highest Share Within Streaming"
  4. Barrons - "The Stock Market Looks Overcooked as Rate-Cut Hopes Fade. Where to Go Instead."

*Past performance is not indicative of future performance

Disclosure: This information is furnished for the use of Glen Eagle Advisors, LLC, Glen Eagle Wealth, LLC, and their clients and/or contacts. It does not constitute the provision of investment advice to any person. It is not prepared with respect to the specific objectives, financial situation, or particular needs of any specific person. Investors reading this commentary should consult with their Glen Eagle representative/financial advisor regarding the appropriateness of investing in any securities or adapting any investment strategies discussed or recommended in this newsletter. 

Glen Eagle Wealth, LLC is a member of FINRA, MSRB and SIPC 

Glen Eagle Advisors, LLC is a SEC Registered Investment Advisor 

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