BWP Outlook – Changing Times
And the first one now will later be last, for the times they are a-changin’.– Bob Dylan Bob Dylan is remembered as a poet, but he might have made a decent market analyst. His lyrics capture the cyclical nature of human behavior — in politics, culture, and markets. Before the mid-1990s, the S&P 500 tilted […]
BWP Outlook – Repairing the Roof
The time to repair the roof is when the sun is shining.– President John F. Kennedy Recently we have fielded phone calls from clients expressing conflicting emotions: delight in rising account values and concern about a sell-off. The latter has been punctuated by the release of “1929” (non-fiction), the best-selling book by market commentator, Andrew […]