WMS Investment Committee

Election update

Happy Holidays, from WMS (and the Market)

“When a consensus of policymakers, commentators and investors is arrayed so overwhelmingly behind...

Mid-Year Review and Outlook

“There is much evidence that monetary changes have their effect only after a considerable lag and...

Primer on Bank Deposits and Charles Schwab Money Market Funds

The safety of our clients’ money is top of mind following the failures of Silicon Valley Bank and...

Our Thoughts on Silicon Valley Bank and the Financial Sector

Rising interest rates bring both opportunities and risks for the banking industry. In a rising rate...

2023 Thoughts: Euphoria in Reverse

Cash is once again king

Investment Strategy: a Major Reset

  • The Fed clearly sees more risk coming from higher inflation than it does from a potential...

Time to Buy?

No. Decades of low inflation and falling real yields pushed up valuation multiples across all...