Commentary

Each month, the BCWM Portfolio Management team publishes an Investment Commentary that examines the latest developments in financial markets and the economy. We filter out the noise and present the information most relevant to our investment strategies and management of our clients’ portfolios.

Investment Commentary Sign-Up

Search BCWM Archives

Calm Before the Cloudy Skies

CT - by

In a year when almost any Republican candidate could have beaten Hillary Clinton to become president of the United States, somehow the Republican party nominated the one candidate who, if he could win, simply won’t let himself win. It’s as if running for president has been nothing more than free publicity for whatever TV show…
Read More

Talking Heads

CT - by

Aside from Super Bowls, the first 2016 presidential debate to be held on September 26th figures to be the most watched prime time program in the history of television. Which is really odd because when I talk to people, I don’t seem to run into very many “undecided” voters. With rare exception, virtually every person…
Read More

VOTE!

CT - by

In what will easily be the most bizarre presidential campaign in our lives (maybe in history), I am telling you today that it is important that you vote. I’m not telling you which candidate should receive your vote. My Investment Commentary remains impartial for a reason. But never in my life have I heard so…
Read More

Negative Interest Rates

CT - by

“Invest your money with me. I guarantee I’ll give you back less than what you invested.” This is what investors are hearing all over the world as over $10 trillion of sovereign bonds are trading at negative interest rates today. That’s right, if you invest in bonds issued by Germany, Japan and several other legitimate…
Read More

Nuggets from Montreal

CT - by

Last week, Laura Carley and I attended the 69th CFA Institute Annual Conference in Montreal. Over 2,000 Chartered Financial Analysts gathered from 70 different countries. It was like a big global nerd convention. It turns out that nerds from other countries are a lot like nerds from the USA. There are always a few good…
Read More