Economic and Investment Outlook for 2021
This year we wish to focus on the main questions investors are asking coming into 2021: Will the Coronavirus be conquered? What does this mean for people, businesses and investors?
(more…)Read MoreWESCAP Group’s Q4 2020 Quarterly Commentary
Portfolio results for the last quarter of 2020 were characterized by significant gains around the globe for stocks, commodities and credit-sensitive bonds. Unlike the prior three quarters, the S&P 500 and technology stocks lagged smaller cap and value stocks as the post COVID-19 recovery expectations strongly factored into asset pricing for these formerly unloved asset classes.
(more…)Read MoreYear-End Planning: Roth Conversions and CA Proposition 19 Impacts
As year-end approaches, it is important to address any unresolved planning or tax issues for 2020 and ensure you are on track for 2021.
(more…)Read MorePossible Democratic “Blue Wave”: Stock Market Implications
As the 2020 Presidential election draws nearer, recent polling and betting sites suggest that former Vice President Joe Biden will maintain his lead over incumbent Donald Trump into election day. If the election on November 3rd results in a Biden presidency and Democratic control of the House and Senate, it is important to understand how this could impact the stock and bond markets and general tax and estate planning. First, we will examine the market impact that a Democratic “blue wave” could have on equities.
(more…)Read MoreTaking Advantage of Today’s Low Interest Rate Environment
As a result of the coronavirus pandemic and associated economic shutdown, the Federal Reserve has continued its course of accommodative monetary policy. In March, it cut its benchmark interest rate to 0.0% – 0.25%. While this has provided some challenges for savers and more risk-averse investors, it can present some beneficial opportunities as well.
With rates near historic lows, here are some ways in which you might benefit from current monetary policy:
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