2023 Financial Market Review: Trajan Wealth

PHOENIX - Jan. 30, 2024 - PRLog -- Trajan Wealth's chief investment officer, Udayan Mitra, CFA, analyzes 2023 financial trends, including recommendations for the year ahead. Read the full 2023 Market Review here.

Highlights From Our 2023 Financial Market Review:

• Markets continued to rally in December, with stocks and bonds ending the year posting superlative returns relative to averages seen during the past decade.
• The Fed's first mandate, "price stability," is widely interpreted as an ongoing inflation rate of 2%. The second mandate, "conditions for growth," is a more nebulous statement widely interpreted as low unemployment and economic growth in line with productivity and population growth. Taken at face value, we at Trajan Wealth do not see an immediate need for the FOMC to do anything yet.
• Driven by the good news on moderating inflation in the later part of 2023, the "rocket fuel" that underpinned a momentous year in both stocks and bonds was the decrease/stabilization of intermediate and long-term bond yields despite 75 basis points.
• At Trajan Wealth, we continue to advocate an elevated level of diversification across asset classes and develop specific asset allocation perimeters that cater to individual risk-tolerance thresholds. We encourage clients to alter asset allocations as they approach retirement or individual circumstances evolve.
• We also believe that non-traditional asset classes or "real assets" (real estate and infrastructure, as well as private equity and private credit) merit consideration given the real portfolio enhancement opportunities as we transition to a potentially lower growth and earnings environment.

Read the full article, including infographics on relevant data. You can also peruse more Trajan Wealth articles for financial insights and tactical tips from our expert team.

About Trajan Wealth
Trajan Wealth, LLC, was founded in 2012 by CEO Jeff Junior. Before his 20+ years in the financial services profession, Jeff Junior was a United States Marine Corps member. Jeff continues to serve his clients and employees with the utmost service, respect, and attention to detail. The firm has multiple locations in Arizona, Texas, and Utah. In addition, Trajan Wealth is expanding to the Atlanta area in the coming months.

By using low-cost, diversified portfolios under its fiduciary standard—and working closely with its investment advisors and estate attorneys who work within one office—the company provides long-term support for its client's retirement needs and their estate plans. This includes strategies for wealth accumulation and tax planning.

For more information on all the different services offered or to schedule a complimentary consultation, visit https://trajanwealth.com or call 1-800-838-3079.

Disclaimer:
* Advisory services offered through Trajan® Wealth L.L.C., an SEC registered investment advisor. Legal services are offered through ​Trajan® Estate, L.L.C. ​in Arizona and Utah, and independent law firms in other states.