Your Monthly Guide to the Markets and Your Wealth

September 12, 2023 - Vol. LII

The Choppy Path: When Good Is Bad 

"Great things are done by a series of small things brought together."

- Vincent Van Gough

A resilient US economy is challenging the disinflation narrative, pushing bond yields higher and catalyzing a choppy trading backdrop. While higher oil prices and a strong US dollar have raised consolidation odds, as well as challenging seasonals, we remain encouraged by the balance of our analytics. How will this “good news is bad news” backdrop play 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 September BakerAvenue Prudence Indicator (BAPI) commentary and view the market update video from BakerAvenue’s Chief Investment Officer, Doug Couden, CFA.

You Might Also Be Interested In

Retirement Planning:

Managing Held Away Retirement Accounts

Have a held away 401(k) account? You have more options than “set it and forget it.” These are an important part of your overall financial picture, but often don’t get the attention they deserve. Learn how BakerAvenue can manage your 401(k)s and other employer-sponsored retirement accounts. 

Tax Strategies: 

Net Unrealized Appreciation (NUA) Strategy

Distributions from a 401(k) or Rollover IRAs are taxable as ordinary income at the taxpayer’s highest marginal tax rate. However, for some 401(k) accounts, it's possible to get capital gains tax treatment as you distribute retirement assets. Read to learn more about the Net Unrealized Appreciation (NUA) Strategy.

Integrated Wealth:

Building Your Financial Dream Team

Estimated Return:

The True Value of a Wealth Advisor

In today's digital age, robo advisors are becoming a popular service, but how do robo advisors compare to a traditional wealth advisor? Read on to learn more about the differences and the true value of a human wealth advisor.

We'd Like to Hear from 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.

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.