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

August 2008 Investment Commentary

CT - by

We have had a lot of people ask us what will happen to the stock market and other investments if Obama is elected or if McCain is elected. First of all, we think any sitting president gets way too much credit if the economy is good and way too much blame if the economy is…
Read More

July 2008 Investment Commentary

CT - by

Today marks the 27th anniversary of Rich’s career in the investment industry, beginning as a stock broker at the prestigious (but now extinct) firm of Kidder, Peabody & Co. You can learn a lot in 27 years, much of it the hard way. The most valuable trait one can acquire when working on Wall Street…
Read More

June 2008 Investment Commentary

CT - by

This past month Rich had the opportunity to attend the annual conference of the CFA Institute. This 4 day event, held in Vancouver, BC., included financial analysts from all over the world and venues for future conferences include Edinburgh & Singapore (with Orlando, Boston & Chicago thrown in as well). There are many hotels that…
Read More

May 2008 Investment Commentary

CT - by

First, the good news (our recent IC’s have been so negative, we wanted to start on a positive note). As this is being written: Oil is trading at $111 per barrel, down from $120 earlier in April. Gross Domestic Product increased in the first quarter 0.6%. Personal income increased 0.4% from February to March. Personal…
Read More

April 2008 Investment Commentary

CT - by

On January 12th, 2007, Bear Stearns stock price closed over $171 per share. On March the 11th, 2008, it closed just below $63 per share. On Sunday, March 16th, the Federal Reserve Bank assisted JP Morgan in organizing a “rescue” of Bear Stearns by purchasing shares of Bear Stearns at $2 per share. A week…
Read More