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.

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Hindsight is 2020

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Here we are at the end of another decade, one that seems to have passed   rather quickly, as trite as that may sound. Ten years ago, our Investment   Commentary noted that the period of 2000–2009 resulted in a negative rate of return for the stock market. It’s rare that you experience any period of that…
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Something for Nothing

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Back in the day, stock brokerage firms could charge an arm and a leg when helping you purchase or sell shares of stock. And they did. Sometimes more.
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The Tweet Effect

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This just in . . . Drone strikes on a Saudi Arabian oil facility over the weekend sidelined more than half of the kingdom’s output and removed about 5% of the global oil supply from the market. It is the biggest one-day oil disruption in history.
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Your Mattress or Negative Interest Rates

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Up until the very last day, July was so boring. So accommodating. So mundane. Watching your investment account during July was like watching your neighbor’s cousin’s nephew’s swim meet.
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Hong Kong, North Korea, and the Unintended Consequences of Large Crowds

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Every month brings a new crop of interesting international headlines (and some of them occasionally have nothing to do with the Trump administration). June was no exception. For starters, two million people hit the streets in Hong Kong to protest a newly proposed law that would allow mainland China to extradite fugitives from Hong Kong…
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