Mid-Year Summary: Growing but Slowing, Trending With Few Contributing
"If a man will begin with certainties, he shall end in doubts; but if he will be content to begin with doubts, he shall end in certainties."
- Sir Francis Bacon
The summer months are here and with it, time for reflection. Economic data point to some moderation, but non-recessionary growth remains our base case. There is less room for optimism given June’s bounce, but price trends remain supportive and slower growth has buoyed the rate-cut narrative. It is a historically narrow market, and we suspect better participation would help sustainability. How should investors navigate the tricky backdrop? Are there any new catalysts or concerns? As always, we defer to our technical, fundamental, and macro disciplines to assess the risks and guide our outlook. Click to read the full July BakerAvenue Prudence Indicator (BAPI) commentary and view the market update video from BakerAvenue’s Chief Investment Officer, Doug Couden, CFA.
Join our experts, Doug Couden, CFA, Chief Investment Officer, and King Lip, CFA, CMT, Chief Strategist, next week on July 17th, as they address factors impacting the market and our top client questions. Moderated by Jon Bernstein, Wealth Advisor, JD, LL.M., CFP®.
Thank you for viewing our monthly BakerAvenue Insights market update. We would appreciate the opportunity to hear from you. Please submit any comments or feedback you may have regarding our market updates.
About BakerAvenue: Since 2004, BakerAvenue has guided clients through personal and professional transitions. Our firm provides comprehensive wealth management and investment expertise for high-net-worth individuals, families, trusts, foundations, and endowments.
As a purpose-driven firm, our goal is to create an impact by supporting you and the community we share. We’re headquartered in San Francisco with offices in New York, Dallas, Houston, Seattle, San Diego, Sun Valley, and Naples.
BakerAvenue is a registered investment advisor regulated by the SEC whose mission is to protect investors and maintain the integrity of the securities market. Under the strict SEC rules, our registered investment advisors have a fiduciary duty to our clients, and it is a moral and legal obligation to place our clients' interests ahead of our own.
San Francisco 415.986.1110 | New York 212.202.3188 | Dallas 214.306.9849 | Houston 346.279.1500
Seattle 206.788.8686 | San Diego 858.283.2880 | Sun Valley 208.928.2525 | Naples 239.922.1525
Links to third-party websites and articles are provided for your convenience and informational purposes only.
For your protection, please do not send any identifying information such as account numbers or Social Security numbers through the internet, unless via our secure portal. View BakerAvenue's full disclosures at bakerave.com/disclosures.
BakerAvenue Wealth Management, 1 Embarcadero Center, Fl 25, Ste 2530, San Francisco, CA 94111, United States, 415.986.1110
.jpeg?width=1200&upscale=true&name=BAPI-LT-Positive-ST-Neutral%20(1).jpeg)
