facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause
May 6, 2024 Market Moment Thumbnail

May 6, 2024 Market Moment

Market Moment

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


  • In a recent poll, 52% of money managers expressed optimism about the stock market, a rise from 38% last fall. These bullish managers had a median forecast that implied a 9% increase in the S&P 500’s value from its current level. *1
  • The Top 5% of healthcare spenders account for 51% of total healthcare spending, while the bottom 50% account for just 3%. Their average annual healthcare costs are $385. People with health spending in the top 1% have annual average costs of $166,980. 2
  • American women aged 65 today have a 52% probability of living to 85 and a 30% probability of living to 90. For men, the probabilities are lower, at 39% and 19%, respectively. For couples aged 65, there is only a 20% chance that both members will live to 85. 3
  • Since 2006, the US has maintained its share of the world’s economic output (GDP) at 25%. The EU/UK’s share, however, has fallen from around 30% to just over 20%, while China’s share has risen from around 5% to over 16%. 4


  1. Barrons – “The Stock Market Will Rise Nearly 10% More This Year, Money Managers Predict in Barron’s Latest Poll"
  2. Apollo Global Management – “Distribution of Healthcare Costs"
  3. JP Morgan – “Life Expectancy Gap"
  4. The Irrelevant Investor – “Animal Spirits: Negative Arbitrage"

*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 

Carol Ann Fernandez, Rob Michel, Grier Vacek 

(609) 631-8231 


Glen Eagle Wealth, LLC | 4422C Route 27, PO Box 399, Kingston, NJ 08528-0399 

#GlenEagle #MarketMoment #Newsletter #GlenEagleTrading #StockMarket #Finance