"Success is a science; if you have the conditions, you get the result."
- Oscar Wilde
The market is historically narrow with seven stocks accounting for ~95% of gains this year (S&P 500). Said differently, 493 stocks have done nothing, or are even down on the year. This type of concentration is rare and often coincides with macro volatility and investor uncertainty. Should investors be concerned? What will cause participation to broaden? As always, we defer to our technical, fundamental, and macro disciplines to assess the risks and guide our outlook. Click to read the full November BakerAvenue Prudence Indicator (BAPI) commentary and view the market update video from BakerAvenue’s Chief Investment Officer, Doug Couden, CFA.
From electric vehicles to solar panels and other energy-efficient home improvement projects, there are a number of ways to take advantage of energy tax credits. Learn about the different federal and state-specific guidelines, and how you can potentially get thousands of tax dollars back.
View our Q3 2023 Impact Newsletter, focusing on environmental factors, to learn about how the global power grid is preparing for net zero, if we are nearing the end of the fossil fuel era, and updates in the solar-powered world. Plus, explore our Impact Strategy to invest broadly, without compromising your values.
Having conversations surrounding your estate plan are important in order to avoid unintended consequences. View our on-demand webinar to learn about considerations when appointing fiduciary roles, creating a sustainable multi-generational plan, and facilitating the conversation around wealth transfer.
It's open enrollment season and it's time to consider your Medicare supplemental coverage and alternatives. Read our guide to help you sort through the various descriptions, coverage plans, and other important facts on Medicare. Speak with an expert to see how we can help find the right coverage for you.
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.
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