After experiencing extreme economic volatility in 2020 and some waves of highs and lows with inventory and inflation concerns, 2024 is looking to be more stable and normal.
Need investment and tax guidance?
With a moderate industry outlook and stable yet growing gross domestic product (GDP), it may be a good time to plan for the future. While high interest rates have some downsides, they also provide lots of options for cash management strategies for businesses and individuals.
Investors also should be mindful of the tax impact of their stock returns. Taxes can negate some of the gains, so consider how portfolio diversification could come into play.
Watch this CLA Outlook video to learn more of what you can look for in the first quarter of 2024.
Seeking more insights? Tune into our CLA Outlook for the second quarter of 2024 on April 24.
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