WCM has made some changes to our monthly newsletter to make it more engaging and useful for our readers. First, we have moved our interpretive analysis of the month gone by to the front and expanded it. We follow that with our current portfolio positioning and what we see as the capstone risks to our stance. Lastly, we close with a performance survey of capital markets for the prior month, calling out what we see as the most consequential returns which played into both our thinking and our results.

As always, you can find our latest newsletter in the Library, along with an archive of prior newsletters. Thank you for reading!