"Yesterday is gone. Tomorrow has not yet come. We have only today. Let us begin."
- Mother Teresa
Markets have been resilient, overcoming plenty of macro volatility with encouraging price gains. However, they are historically narrow with the proportion of returns attributable to the largest five stocks greater than any other year over the last two decades. We suspect more participation would lower investor anxiety. Will the market broaden out? As always, we defer to our technical, fundamental, and macro disciplines to assess the risks and guide our outlook. Click to read the full June BakerAvenue Prudence Indicator (BAPI) commentary and view the market update video from BakerAvenue’s Chief Investment Officer, Doug Couden, CFA.
It's hard to believe, but an eventful year is half over. Is the market running on empty or is there still gas in the tank? Join our experts, Doug Couden, CFA, Chief Investment Officer, and King Lip, CFA, CMT, Chief Strategist, as they address the top ten client questions. Register for the July 19th webinar, moderated by Scott Stephens, Wealth Advisor, CWS®, to review what's happened in the first half of 2023 and where we may be headed.
When you need to discuss your personal and professional life transitions, BakerAvenue is here for you. From in-house tax strategies, estate planning and concentrated stock management, to real estate advisory and access to premier alternative investments, we offer highly customized solutions unique from other firms. View our eBrochure to learn more about our differentiated services and our clients.
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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.
Driven by our purpose, we strive to make a positive impact on society alongside financial return. We’re headquartered in San Francisco with offices in New York, Dallas, Seattle, San Diego, Sun Valley, and Naples.
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