Gary Quinzel, CFP®, CFA®, and Vice President of Portfolio Consulting at Wealth Enhancement Group was featured by The Bond Buyer in “FOMC Preview: Market Expecting Too Much.”
With fourth-quarter gross domestic product expected to show growth, unemployment remaining low and inflation trending down, it sets "a Goldilocks scenario where doing nothing seems like the prudent approach," he said. "The market's furious stock and bond rally likely overreached in November predicting rate cuts would come sooner rather than later."
Access the full article authored by Garu Siegel here.