The housing rebound is expected to support the economy this year, with the sector likely to experience modest growth in residential investment.
State Street Global Advisors
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The market's current state is reminiscent of the early 2000s, with a focus on cryptocurrency companies and their advertisements during the Super Bowl.
The 2024 US presidential election will likely have a significant impact on markets, with the potential for policy changes and increased political volatility. The current macroeconomic backdrop favors President Joe Biden more than what political polls suggest, with most macroeconomic indicators pointing towards an improving economy.
As we approach the end of a very turbulent 2023, we are cautiously optimistic, with developed market central banks having come to the end of the tightening cycle and signaling relief on rates is not too far off.
The market's resilience in 2023 was a testament to the economy's ability to weather the impacts from higher interest rates better than expected. Despite softening economic data and shrinking inflation, investors are optimistic about the future, but they may be underestimating the risks to the economy.
Gold saw a significant turning point in October, with the spot price rising 7.32% in the US$/oz, the largest monthly gain since March 2023.
Gold as a strategic asset class can provide a unique combination of benefits to investors, including risk management, capital appreciation, and wealth preservation.
Tax loss harvesting involves selling investments in taxable accounts that have lost value to offset capital gains elsewhere and help reduce taxes owed. This can be done at any time during the year, not just at year-end.
Despite the volatility in the stock market and inflation, a majority of survey participants agreed that gold may be a safe haven asset to introduce to clients worried about ongoing market uncertainty. With nearly three quarters of surveyed investors who currently have gold ETFs in their portfolios saying that the asset class has improved the overall performance of their portfolios.
Financial advisors can help investors avoid counterproductive behaviors and pursue their financial goals with confidence, especially in uncertain markets.
Advisors who take the time to understand the balancing act many Gen X women investors face can create comprehensive plans that account for their goals and priorities, and help close the gender wealth gap.
For fixed income investors who want to go active, strategies are available in a variety of wrappers, including ETFs. Active fixed income ETFs were initially limited to ultra-short bond strategies. But today, a wide variety of strategies exist.