TIMELY PM UPDATES
BCM 2Q21 Market Commentary: A Game of Tug of War—Demand-Driven Economics May Lead to a New Economic Regime
In the first quarter we reflected on the amazing dichotomy between Q1 2020 and Q1 2021, and yet, despite the rapid changes we have seen in the past 18 months, we might dare refer to Q2 2021 as…
VIDEO: Investment Committee “Minutes in a Minute” – June 2021
Our new video series, “Minutes in a Minute” launched this month to provide an insider’s look at our weekly Investment Committee meetings. What are the main talking points amongst our PMs? What themes…
VIDEO: BCM’s 1Q21 Quarterly Market Update Call with the PM
Economic growth picked up and the market trended higher in Q1, but it wasn’t without some chop as investors grappled with concern about rising interest rates and inflation. Meanwhile, the housing boom…
BCM 1Q21 Market Commentary: A Fundamentally Different Market Environment
There are ample reasons to be optimistic about the direction of the economy in the near term, but the direction of security markets is much murkier. It seems all but certain that this is a fundamentally…
VIDEO: BCM’s 4Q20 Quarterly Market Update Call with the PM
It was a year of firsts and unprecedented events, but—at a high level—2020 was almost the perfect continuation of the trends established in the decade that preceded it. Still, important differences…
BCM 4Q20 Market Commentary: Looking Back to Move Forward—Seeking Higher Ground in an Imperfect World
Much will be written about the challenges, difficulties, pain and suffering endured by humanity in 2020. We would like to focus on some of the good that came out of last year’s strife: Our Democracy…
From the Desk of the PM: Elation and Reality… Breaking Down the Vaccine News and Market Reaction
Mid-November saw stocks surge on the Pfizer vaccine story. Yet there remain some cold, hard facts.
VIDEO: BCM’s 3Q20 Quarterly Market Update Call with the PM
The third quarter certainly felt a bit calmer in relation to the wild market rides experienced in Q1 and Q2, but important developments remained —a new inflation policy from the Fed…
BCM 3Q20 Market Commentary: Damn the Pandemic! Batten Down the Economy and Full Steam Ahead!
The S&P 500® Index’s 8.5% third-quarter gain was a welcome response to the first half of the year’s histrionics. The quarter had its own volatility as the markets flirted with a 10% correction…
VIDEO: BCM’s 2Q20 Quarterly Market Update Call with the PM
We’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 hit new all-time highs—but we’re far from out of the woods.