Q1 2026 Portfolio Commentary: Macro Missives

Q1 2026 Portfolio Commentary: Macro Missives

Navigating an Uncertain Macro Backdrop: Inflation, Rates, and the Growing Weight of Debt We are once again operating in an environment defined by uncertainty. Geopolitical tensions have escalated meaningfully, with conflict in the Middle East driving volatility across...
Where does your money sleep at night?

Where does your money sleep at night?

In a highly anticipated move, last week the Federal Reserve cut the federal funds rate by 0.25% from 4.25% to 4.00%. The federal funds rate is the interest rate that banks charge one another when they borrow or lend to other banks so they have enough cash on hand....
Swiss Family Bachmann – Important BSW Announcement!

Swiss Family Bachmann – Important BSW Announcement!

With excitement and a heavy heart, it is our honor to announce that longtime BSW team member Elias Bachmann will be moving to Switzerland this July and winding down his role with the firm. A dual US- and Swiss-citizen, Elias’ move is the realization of a lifetime goal...
Q1 2025 Commentary: A Lesson in Resilience

Q1 2025 Commentary: A Lesson in Resilience

Last week, amid chaos in the financial markets, I attended a parent orientation for my son’s new school. As educators presented diverse learning opportunities to cultivate a range of skills and interests, it was reassuring to hear that a child could be prepared for an...
BSW Market Update

BSW Market Update

US markets tumbled more than -3% Monday and are down again today on a mélange of fears ranging from tariffs to recession, inflation, and general uncertainty. The post-election rally has completely unwound with the S&P 500 off -9% from its record high on February...