Markets continued their push higher last month, buoyed by an accelerating economy, decent earnings results and, we suspect, FOMO (fear of missing out) buying by reluctant bears. Soft landing optimism has increased, and with it, bond yields. The bar for further outperformance has increased, raising consolidation odds, but we remain encouraged by our supporting analytics. Will a summertime grind alter the market’s long-term trajectory? As always, we defer to our technical, fundamental, and macro disciplines to assess the risks and guide our outlook. Click to read the full August BakerAvenue Prudence Indicator (BAPI) commentary and view the market update video from BakerAvenue’s Chief Investment Officer, Doug Couden, CFA.
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In this issue, learn how governance can impact corporate earnings and how it's becoming a key topic that executives and shareholders are facing. Plus, learn more about our Impact Strategy to broaden your exposure and view the performance. You may be surprised.
Didn't get a chance to register or watch the whole thing? View our webinar on demand to hear our experts discuss top questions from our clients and hear their take on the second half of 2023.
View the Closing Bell interview with King Lip, Chief Strategist, to see why we remain bullish on tech, despite the seasonal headwinds, and how the market continues to slowly broaden.
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