From the desks of Stanley Katz & Lauren Madera
STAY SAFE & HAVE FUN!
Even after the Thanksgiving break, the three major US stock market indices continued to rise (i.e., DJIA: +2.42%, S&P 500: +0.77%, Nasdaq: +0.38%). November was the best monthly gain for the S&P 500 since July 2022. The DJIA hit its highest close since January 2022! The difference in the recent rally has been broader participation from companies outside the “Magnificent 7” tech stocks. For a different perspective, read the Parnassus piece, “Quality Stocks at a Discount: Relative Value in Action.”
As we head towards the new year, stock market soothsayers begin to write their annual outlooks. We have shared two that offer somewhat different thoughts: Capital Group and Janus Henderson. We hope you enjoy them!
Below are links to a number of third-party research reports that we have read and analyzed over the past week. We hope you will find the information interesting, useful, and worthwhile.
Parnassus:
Capital Group:
Janus Henderson Investors:
J.P. Morgan Asset Management:
Alta:
Stanley Katz & Lauren Madera, Financial Advisors
ClientFirst Financial Strategies, Inc.
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