LISTEN: PM Brendan Ryan on 'Behind the Markets'
August 4, 2020Elevated equity risk, rock-bottom interest rates, and climbing credit risk in an uncertain economy are just a few of the threats investors are facing more than six months into the ...
VIDEO: BCM's 2Q20 Quarterly Market Update Call with the PM
July 23, 2020We've come a long way since the onset of the Covid-19 crisis and resultant market meltdown in Q1—the S&P 500® Index has erased its losses for the year and the Nasdaq has ...
Watch: How to Invest Opportunistically and Defensively in a New Investment Paradigm
July 16, 2020In this record-low interest rate environment, advisors will need to adapt—stepping beyond traditional asset allocation and the 60/40 ...
VIDEO: BCM's 1Q20 Quarterly Market Update Call with the PM
April 16, 2020A few weeks ago we provided a Special Update from BCM's Managing Partner and Portfolio Manager, Dave Haviland. At that time ...
Special Update From BCM Portfolio Manager: Coronavirus and Current Market Conditions
March 20, 2020The emergence of COVID-19 and its rapid spread have sparked an exceptional market meltdown and a fundamental restructuring of our daily lives. In this uncertain time, we wanted to ...
Are you wearing rose colored glasses? Take them off and you might see Bifurcated Markets, Tariffs, and Tempered Earnings Expectations
October 9, 2018“These rose colored glasses That I'm looking through Show only the beauty 'Cause they hide all the truth” -John W Conlee
Will the US Federal Reserve (FED) Get Bullied Into Making a Policy Mistake?
February 22, 2018A Quick History Lesson
2018: The State of the Bond Markets Part 3
February 1, 2018In our last post for the 2018: The State of the Bond Markets Part 2 report, we reviewed where the U.S. economy stands as well as quantifying the government's total debt outstanding. The monetary stimulus that has been injected into our economy is larger than anything tried before, and we expressed our concerned that any hint of inflation may cause interest rates to rise rapidly due to this monetary stimulus leftover in the system.
2018: The State of the Bond Markets Part 2
January 30, 2018Last week in 2018: The State of the Bond Markets Part 1, we shared our fear for possible ramifications of the Fed's QE (quantitative easing) program that may foreshadow a policy mistake; the Fed will try to raise interest rates too far, too fast. As we delve into Part 2, it is reasonable to review the government's total debt and the overstimulated money supply in this country.
2018: The State of the Bond Markets Part 1
January 25, 2018In our 2017 State of the Bond Markets piece, we outlined how the U.S. Federal Reserve Bank (Fed) bought bonds from the open market in an effort to stimulate the U.S. and Global economies from the recession caused by the 2007 to 2009 financial crisis. Now in 2018, we would like to focus on the possibility that the Fed, and perhaps other central banks, will again make a policy mistake with massive ramifications.
