Resources

Gary Quinzel, CFP®, CFA®, and Vice President of Portfolio Consulting at Wealth Enhancement Group was featured by The Bond Buyer in “Better-Than-Expected Jobs Numbers Send Muni, UST Yields Higher Again.”

Congratulations! You have been disciplined and focused on saving for your retirement. You have conservatively projected income sources and expenses. You now believe that because you have enough assets and income sources, that work is completely optional.

The third quarter of 2023 was bumpy for most asset classes. U.S. stocks were among the worst performers, with the S&P 500 falling 3.3% and smaller capitalization stocks generally down more. On a year-to-date basis, however, large cap U.S. stocks remain among the best performing asset classes, with the S&P 500 up 13%.

Peter Anastasian, Senior Vice President and Financial Advisor at Wealth Enhancement Group’s byline “A Little-Know Tax Secret: Learn the Benefits of the Annual Gift Tax Exclusion” was published by Real Assets Advis

The stock market continues to defy expectations. In 2022, Wall Street predicted that rising rates would cause another down year and likely lead to a recession. Instead, corporate earnings have proven to be resilient, the jobs market is robust, and core inflation, despite volatile gas and food prices, is generally subsiding to normal levels. Stocks have done much better than many imagined.