Should Investors Worry About Inflation in 2021?

By |2021-02-13T13:41:12-08:00February 13th, 2021|Market Commentary|

Time to Read: 8 Minutes As discussed in our last webinar, we believe the recovery from the COVID-related recession continues to take hold, partially driven by the massive amount of monetary and fiscal support provided in 2020. Clients of BWM have begun asking: Will all that money printing lead to an inflation problem in

Strategic Update: Adjusting allocations in a Low-Rate World | Dec 2020 Webinar Recap

By |2020-12-23T12:13:44-08:00December 23rd, 2020|Market Commentary|

Time to Read: 3 Minutes In our most recent webinar titled, “2021 Strategic Update: Adjusting allocations in a low-rate world”, we discuss how we are positioning our portfolios in the low-interest rate environment that exists today and we highlight some of the new tools that we are rolling out to clients in 2021. Here are

Pre-Election Positioning | October 2020 Webinar Recap

By |2020-10-22T10:53:24-08:00October 20th, 2020|Market Commentary|

Time to Read: 3 Minutes In our most recent webinar titled, “Pre-Election Positioning”, we review where some of our key indicators stand leading into the election and what the election could mean for the markets. Here are the key takeaways: Global recession likely ended this summer, but COVID-19 spread continues without approved vaccine or readily

Excessive Optimism and Record Rally Trigger (Another) Portfolio Rebalance

By |2020-09-04T09:41:56-08:00September 4th, 2020|Market Commentary|

Time to Read: 5 Minutes After March delivered a historical drop in the stock market and ended the longest bull market on record, BWM rebalanced portfolios to move from an underweight position in stocks to an equal weight, taking advantage of attractive valuations and extreme pessimism. Yesterday, we rebalanced again for very similar reasons,

The Next Big Hurdle for 2020: Election Day

By |2020-08-21T08:57:22-08:00August 24th, 2020|Market Commentary|

Time to Read: 7 Minutes 2020 has been a wild year so far—an unprecedented year, you could even say, as many memes do. And yet, another major event looms on the horizon: the presidential election, set against a backdrop of recession, global pandemic and social unrest. Here we consider how markets have behaved through

Is The Recession Over? | June 2020 Webinar Recap

By |2020-06-19T11:57:56-08:00June 19th, 2020|Market Commentary|

Time to Read: 3 Minutes The economic fallout from COVID-19 broke several records, including the fastest recession in the history of the US*. In our most recent webinar titled, “Is The Recession Over?”, we take a look at the key indicators we are watching to determine if the recession has ended. Here are the key

Does the S&P 500 Have the COVID-19 Antibody?

By |2020-05-19T10:03:40-08:00May 18th, 2020|Market Commentary|

Time to Read: 7 Minutes The US unemployment rate jumped to 14.7% in April, the highest level since the Great Depression. Manufacturing activity plunged to an 11-year low. The Leading Economic Index posted the largest decline in its 60-year history. Full-year earnings estimates have tumbled downward across all sectors. While all this bad economic news

The Recession Has Arrived—Now What?

By |2020-04-14T10:40:45-08:00April 14th, 2020|Market Commentary|

Time to Read: 6 Minutes The economic fallout from COVID-19 continues to smash records. Last week, initial claims for unemployment insurance totaled a breathtaking 6.606 million, well above consensus estimates of 4.500 million and just barely below the record-setting 6.867 million claims recorded the week before, as shown below. Over the past four weeks, initial