Year-End Planning
As year-end approaches, it is important to address any unresolved planning or tax issues for 2021 and ensure you are on track for 2022.
(more…)Read MoreWESCAP’s Q3 2021 Quarterly Commentary: Increasing Concerns of a Delayed Economic and Profits Recovery
Portfolio results for the third quarter of 2021 reflected increasing concerns of a delayed economic and profits recovery due to the Delta variant of the coronavirus, supply constraints, higher inflation, and U.S. government policy uncertainty.
(more…)Read MoreGet Ready for Tax Changes – They’re Coming Soon!
Congress is working on various tax proposals that could be voted on soon. The following discusses some of the proposed tax law changes. However, we do expect additional changes to occur as the proposals move through Congress. Therefore, we recommend not undertaking now any irreversible actions (e.g., sales, gifts) that you would not be doing absent these new tax proposals. By November we hope to have more clarity on these topics and some tax strategy actions could be warranted before year-end.
(more…)Read MoreWESCAP Helps Family, Friends and New Investors
WESCAP prides ourselves on being a family-orientated wealth management firm. We believe it is important to help our clients’ families in various ways. Here are a few of the ways we can help:
(more…)Read MoreWESCAP Group’s Q2 2021 Quarterly Commentary
Portfolio results for the second quarter of 2021 benefited from continued strong gains from global stock markets, many bond markets and commodities. COVID 19 is in rapid retreat in areas with high vaccination rates, including most of the U.S. Vaccines are also relatively effective against all of the new coronavirus variants, so more countries are expected to lift various pandemic-related restrictions, which will bolster global employment, trade and consumer spending. Some labor shortages and production bottlenecks have caused an increase in U.S. inflation. However, the recent decline in the 10-year Treasury note yield suggests minimal longer-term inflation concerns from the bond market, which suggests that the inflation surge will dissipate over the coming 6 months as worker and supply bottlenecks are expected to wane.
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