MLD Market Update – January 2024

Join Chad Larson, Senior Portfolio Manager, as he gives his thoughts on the market for January 2024.

Welcome to the latest episode of the MLD Wealth “Money Matters” podcast. Join Chad Larson as he reflects on the transformative year of 2023 and sets the stage for an insightful journey into the financial landscape of 2024. Throughout this episode, Chad explores current market dynamics, economic trends, and strategic investment opportunities that are crucial for today’s investors.

Chad begins by acknowledging the challenges faced in the latter half of 2023, contrasting them with the impressive market rally witnessed in November and December. He highlights MLD Wealth’s recent accolades, including being recognized as a five-star advisory team in Canada, with Chad Larson himself named among the top 50 advisors nationally.

Looking ahead, Chad discusses the prevailing market sentiment, noting its overbought status and the expected increase in volatility in the coming months. He provides insights into the Federal Reserve’s evolving stance, which has significantly impacted recent market movements, while also addressing concerns about the sustainability of current bullish trends.

Throughout the episode, Chad delves into strategic investment themes. He emphasizes the potential of large cap gold stocks and underscores the thematic significance of copper as a key commodity to watch. Chad also explores opportunities in the energy sector, highlighting companies with resilient balance sheets and the potential for favorable returns in the current economic environment.

In addition to traditional investment avenues, Chad examines innovative opportunities in sectors such as private credit and artificial intelligence (AI), which offer compelling prospects for above-average risk-adjusted returns. He also identifies emerging trends in healthcare, longevity, and consumer products/services, outlining their strategic importance for investors navigating 2024’s dynamic market conditions.

As we conclude, this episode encapsulates Chad Larson’s expert insights into navigating the complexities of today’s financial landscape. Whether you’re a seasoned investor or new to the world of finance, Chad provides actionable strategies and invaluable perspectives to empower you in making informed investment decisions in the year ahead.