Monthly Market Monologue - January 2024 - Part 2
While some are predicting a recession (still), we see economic data that suggests the economy is stronger than what most pundits believe.
While some are predicting a recession (still), we see economic data that suggests the economy is stronger than what most pundits believe.
We are seeing Big Bases in the monthly charts. This is a good sign for 2024.
We review a couple of year-end tax planning tips. We also review some encouraging evidence we see in the stock market.
In this month's market review, we review the recently revised Gross Domestic Product stats - they were revised UPWARD!
While we like what we see underneath the surface, one concern that we have as the year end approaches: tax loss harvesting.
Based on how November has started, it is certainly possible that the correction that we've been witnessing these last couple of months is now over. It is way too early to know for certain, but it is possible.