Time to Read: 3 Minutes Market participants remain focused on COVID-19 and the Federal Reserve as we enter the new year. In our 2022 Market Outlook, BWM Financial President Jeff Brown discusses these key themes and the affect they could have on the market in 2022. Here are the takeaways: Potential reversals that would
Time to Read: 3 Minutes Federal Reserve tapering and proposed corporate tax increases have dominated headlines recently. In our latest market update, titled “Don’t Fight the Fed,” we summarize the Fed’s current position, review proposed tax changes, and consider the effect of both on the market. Here are the key takeaways: The unwinding of
Time to Read: 9 Minutes Last week, BWM Financial continued to reduce interest rate risk in our tactical portfolios by reducing duration across the board. Duration is a measure of the sensitivity of the price of a bond to a change in interest rates. As rates move up or down, higher duration portfolios will move more in price than lower duration portfolios. Our
Time to Read: 3 Minutes In our latest market webinar, “What Could Go Wrong”, we review the current economic environment and review the conditions that could cause us to become more defensive. We are due for some level of a correction. Routine or problematic is the question. Watching earnings for stock market valuation problems
Time to Read: 8 Minutes During our recent webinar, we discussed the Ned Davis Research (NDR) S&P 500 Cycle Composite—a unique chart that raised a lot of questions from our clients. Shown below for 2021, the cycle composite creates a roadmap for a given year in the stock market by placing equal weights on
Time to Read: 9 Minutes As the U.S. economy continues to recover from the Covid-19 induced shutdown in 2020 amid record government stimulus from both Congress and the Federal Reserve, many high-net-worth clients are becoming more concerned about the prospects for much higher inflation in the United States. It has been several decades since the U.S. last experienced sustained inflation. What does it mean for the
Time to Read: 3 Minutes In our Summertime Market Update we discuss the current state of the market and which indicators we are monitoring to guide our asset management decisions. Here are the key takeaways: After record recession, support and recovery, the future is less certain Buying the dip has worked very well since
Time to Read: 7 minutes At BWM Financial, one of our key rules to investing is don’t fight the trend. How does this apply to today’s residential real estate market? As shown below, the trend in residential real estate has clearly been on an upward trajectory since the financial crisis, with real home prices
Time to Read: 3 Minutes In our most recent webinar titled, “Where Have All the Good Deals Gone”, we discuss why we are maintaining our equity overweight in light of continuing economic expansion and policy support. Here are the key takeaways: US and global economy roaring back from ‘natural disaster’ type recession with massive central
Time to Read: 8 minutes At BWM Financial, we believe you can assess how the market should be acting by looking at a combination of macroeconomic conditions and fundamentals. Over the long run, the market generally does what it should. But, as noted by famed economist John Maynard Keynes, the market can remain irrational