Here are 6 tips to navigate this year's stock market, according to the CIO of a wealth management firm for high-net-worth individuals
But that doesn't mean it's going to be a dry year for equities. His firm manages over $9.2 billion in assets for 350 high-net-worth clients, or those with over $20 million. This year, they have made a few slight adjustments that they believe will keep their clients in the green.
This brings him to his second point, which is that excess consumer savings are being spent down, especially in the lower income segment of the population. The M2 money supply, which is the Fed's estimate of cash on hand that includes deposits in checking, savings, and certificate of deposit accounts, has been gradually declining since August — an indication that household savings are depleting.
As for the fixed-income market, Bharath says it will continue to yield positive returns, even though they may not be massive. For the broader fixed-income market, he expects an annualized return of 4 to 6%.As for how Bel Air is advising its high-net-worth clients, the biggest theme they're pushing is, he said. This might come as news. Over the last 10 years, the US market has been the single best-performing stock market due to high liquidity and innovative companies, he noted.
. This is instead of favoring one over the other or making a bet on either, he noted. In other words, it should be a 50/50 split between the two categories.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
NFL Combine 2023: Small-School Players Who Can Raise Draft StockWhich small-school players are poised to dominate the NFLCombine this week? Here are the names you need to have circled during positional drills, courtesy of _RyanFowler_. NFLDraft
Weiterlesen »
Why the 2023 stock market rally may be over already | CNN BusinessSo much for that big stock market comeback this year.
Weiterlesen »
Stock Market News Today: Indexes jump after worst trading week of 2023US stocks climb as investors try to recover from the worst trading week of the year
Weiterlesen »
42 Editor-Loved Sneakers to Stock Up on in 2023See the sneakers loved by celebrities and our editors alike.
Weiterlesen »
The March stock market outlook as the S&P 500 loses momentum after strong 2023 startThe stock market needs a dose of caffeine and vitamins.
Weiterlesen »
Austin Butler, Angela Bassett and more snubbed at 2023 SAG Awards“Everything Everywhere All at Once” had a historic night at the 2023 SAG Awards on Sunday, but some fan-favorite shows and movies were shut out.
Weiterlesen »