Your Monthly Guide to the Markets and Your Wealth

December 12, 2023 - Vol. LV

Down the Stretch with Hints of Shifting Narratives

"People calculate too much and think too little."

- Charlie Munger 

An eventful year is approaching the finish line. The storylines that have dominated the year, from historically concentrated markets to the sharp tightening of financial conditions, are signaling a narrative shift may be stirring. After all, change in the markets is inevitable. Are the subtle moves justified? Will the fledging new narratives gain traction as we move into the new year? As always, we defer to our technical, fundamental, and macro disciplines to assess the risks and guide our outlook. Click to read the full December BakerAvenue Prudence Indicator (BAPI) commentary and view the market update video from BakerAvenue’s Chief Investment Officer, Doug Couden, CFA.

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Live Webinar:

2024 Market Outlook

Join us on January 24th as BakerAvenue's Chief Investment Officer, Doug Couden, CFA and Chief Strategist, King Lip, CFA, CMT, take a brief look back at 2023 and discuss what's in store for 2024. Register for the live webinar to hear more on the economy, earnings, and participation expansion.

Tax Planning:

Comprehensive Guide

As a new year approaches, there will also be plenty of new tax updates. Key 2024 information includes updated tax brackets, higher retirement account contribution limits, legislative changes, and more. Be on the lookout for our comprehensive tax guide coming to you at the beginning of the new year.

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