Happy 2024. What can this year possibly do to top the extraordinary economic stories of 2023? A good start would be a soft landing driven by the kind of productivity improvement that leads both to wage growth and decelerating inflation. 2023 ended with an equity rally driven by hopes for rate cuts amid slowing inflation and a resilient economy. We believe this narrative has driven markets since the beginning of November and appears set to dominate until more US data is released, such as Wednesday’s JOLTs (Job opening and labor turnover survey) and manufacturing ISM (Institute for Supply Management) – and the minutes from the Federal Reserve’s December meeting. On the wealth planning front, we suggest to start off the new year with some simple tax management items to make the filing process a little easier, minimize income taxes, and avoid penalties.
Click Here to Read the January 2, 2024, Economic Commentary
Click Here to Read the January 2, 2024, Investment Commentary
Click Here to Read the January 2, 2024, Wealth Planning Commentary
