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  • Home
  • About Us
  • Our Approach
  • Our Services
    • Strategic Planning
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USD Commentaries
December 18, 2025
By Ben Bennett
USD Commentaries

USD November Market Commentary

Noteworthy Developments: Global equities, as represented by the MSCI ACWI Index, ended flat during the month with periods of high volatility. Global Equities: Global equities were flat, with US large-cap equities (S&P 500) up 0.2%, international developed equities up 0.6% and emerging market equ

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August 27, 2025
By Ben Bennett
Market CommentariesUSD Commentaries

USD July Market Commentary

Noteworthy Developments  Global equities, as represented by the MSCI ACWI Index, appreciated 1.4% during July, with mixed performance across regions. Global Equities  Global equities increased by 1.4%, with US large-cap equities (S&P 500) up 2.2%, international developed equities down 1.4% and

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August 27, 2025
By Ben Bennett
Market CommentariesUSD Commentaries

USD June Market Commentary

Noteworthy Developments  Global equities, as represented by the MSCI ACWI Index, appreciated strongly by 4.5% during June, with all major regions performing strongly. Global Equities  Global equities appreciated by 4.5%, with US large-cap equities (S&P 500) up 5.1%, international developed equ

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June 23, 2025
By Bitterroot Capital Advisors
Market CommentariesUSD Commentaries

USD May Market Commentary

Noteworthy Developments  Global equities, as represented by the MSCI ACWI Index, rallied strongly by 5.8% during May, with all major regions performing strongly.  Global Equities  Global equities appreciated by 5.8%, with US large-cap equities (S&P 500) up 6.3%, international developed equiti

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May 15, 2025
By Bitterroot Capital Advisors
Market CommentariesUSD Commentaries

USD April Market Commentary

Noteworthy Developments  Global equities, as represented by the MSCI ACWI Index, appreciated by 0.9% during April. However, equities and bonds experienced massive intra-month volatility following President Trump’s Liberation Day tariff announcement on April 2nd and subsequent modifications of

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April 15, 2025
By Bitterroot Capital Advisors
Market CommentariesUSD Commentaries

USD March Market Commentary

Noteworthy Developments   Global equities, as represented by the MSCI ACWI Index, declined by 4.0% during March, with significant performance differences between US and international equities.  Global Equities   Global equities declined by 4.0%, with US large-cap equities (S&P 500) down 5.7

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March 31, 2025
By Bitterroot Capital Advisors
Market CommentariesUSD Commentaries

USD February Market Commentary

Noteworthy Developments  Global equities, as represented by the MSCI ACWI Index, declined by 0.6% with varied performance across regions. Global Equities  Global equities declined by 0.6%, with US large-cap equities (S&P 500) down 1.3% while international developed (+1.9%) and emerging market

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February 15, 2025
By Bitterroot Capital Advisors
Market CommentariesUSD Commentaries

USD January Market Commentary

Noteworthy Developments Global equities, as represented by the MSCI ACWI Index, appreciated strongly by 3.4% with all regions experiencing positive performance. Global Equities Global equities climbed by 3.4%, with US large-cap equities (S&P 500) up 2.8% while international developed (5.3%) and

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118 East Main St, Bozeman, MT 59715

Founded in San Francisco, our headquarters has been based in Bozeman, Montana since 2000.

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  • Phone 406-556-8202
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BCA is not for everyone – and we are proud of that distinction. We look for a select group of individuals (and their entities) whose financial position and preferences enable them to thrive while working with us.

We welcome your interest. Please give us at call at +1-406-556-8202 to set up a confidential exploratory consultation.