Centenarians Dilemma | February 13, 2021

Centenarians Dilemma At PWM, we strongly prefer that all of our clients complete a retirement planning exercise so we can properly advise them in all their financial decisions. One of the key questions we need to estimate in developing the plan is how long they expect to live. The classic mistake is assuming that they […]
READ POST

Taking Stock of 2020 | February 6, 2021

Taking Stock of 2020 There is no doubt 2020 was one for the record books and in more ways than one. We were planning this commentary several weeks ago, but the craziness continued into 2021, so we postponed the comments until this week. Surviving through 2020 required discipline because it is far too easy to […]
READ POST

Commodities – The Bull Market You Aren’t Hearing About | January 23, 2021

Commodities – The Bull Market You Aren’t Hearing About Over the past several months, these pages have been littered with concerns about inflation re-appearing. Much like recessions and pandemics, we never really know precisely when inflation might happen. This inability to predict markets is at the heart of our investment process. The world is unpredictable, […]
READ POST

Bond Yields Raise Their Ugly Head | January 16, 2021

Bond Yields Raise Their Ugly Head Most of the time, market commentary focuses on the stock market, but every so often, the bond market flexes its muscle and takes center stage. This week was one of those times and with good reason. The push-pull of more fiscal policy to help the economy and the inflationary […]
READ POST

Georgia Produces a Blue Ripple | January 9, 2021

Georgia Produces a Blue Ripple The Democrats have won both Senate seats which substantially changes the mathematics in Washington. The Senate is now a 50-50 split, with VP-Elect Harris the tie braking vote, but this is certainly not a carte blanche for Democrats. Much of the legislation listed below will require 60 Senate votes for […]
READ POST

Prognosticators Delight | January 2, 2021

Prognosticators Delight The magic of the new year is that prognosticators get to wipe the slate clean and begin anew, and as usual there is no shortage of prognostications for 2021. The more common themes call for a weaker dollar, stronger international markets, a spark of inflation, a rebound in small cap stocks, and the […]
READ POST