WSTCM Credit Select Risk-Managed Fund Recognized by Morningstar
WSTCM Credit Select Risk-Managed Fund Recognized by Morningstar
Norfolk, Virginia-based investment manager Wilbanks Smith & Thomas Asset Management LLC (WSTAM) is pleased to announce positive recognition of its WSTCM Credit Select Risk-Managed Fund (“the Fund”) by Morningstar, the noted fund research provider. An open-end mutual fund focused on tactical investment in high yield fixed income through Exchange Traded Funds
Posted on November 16, 2017
Just the Facts, Ma'am
Just the Facts, Ma'am
When faced with making important decisions about long-term investments, we want to be confident in our sense that we can predict the future. The truth, however, is that uncertainty is part of life and also a distinct fact of investing in stock markets. Facts and their vulnerability are the subject of
Posted on November 2, 2017
Great Expectations
Great Expectations
 In pondering global stock markets today, we invoke timeless advice quoted from Charles Dickens’ classic “rags-to-riches” novel, Great Expectations. The quote occurs at a point where Pip, the story’s orphaned protagonist, has just discovered the identity of his long-time benefactor, and it is not – as he has always assumed
Posted on October 20, 2017
WST 3Q 2017 Quarterly Commentary
WST 3Q 2017 Quarterly Commentary
The global "bull market in everything" continued in the third quarter with stocks around the world finishing at all-time highs, bond yields hovering near all-time lows, credit spreads continuing to narrow, and private equity, debt, and real estate funds all reporting preliminary results in line with the strong returns in
Posted on October 15, 2017
Equifax Data Breach: Information & Guidance for WST Clients
Equifax Data Breach: Information & Guidance for WST Clients
As news circulates of the recent Equifax data breach, our goal is to ensure you are aware of the situation and equipped with accurate information and trusted risk management resources. Equifax estimates that 143 million US consumers were impacted by the incident, and we believe it’s safest to act under
Posted on September 22, 2017
Everybody Knows
Everybody Knows
Information flows faster than ever today in our daily lives and in the financial markets. For example, one of the most eagerly anticipated economic data is the monthly jobs report released on the first Friday of the month at 8:30 am by the Bureau of Labor Statistics. Reporters from around
Posted on August 28, 2017
Trying to Reason with Hurricane (and Earnings) Season
Trying to Reason with Hurricane (and Earnings) Season
The Atlantic hurricane season lasts for six months, approximately from early to June to late November, with a peak in activity each year around mid-September. We are less than halfway through the current season; East Coast residents remain vigilant of storm activity the African continent spits into the Atlantic. Equity investors,
Posted on August 22, 2017
Money for Nothing?
Money for Nothing?
Since 1973, the National Federation of Independent Business (NFIB) - the largest small business association in the country – has conducted a monthly survey of its members. The current monthly report is a based on surveying a total of 10,000 small business members, and it covers a variety of topics
Posted on August 11, 2017
Revisiting Risk in an Euphoric Market Environment
Revisiting Risk in an Euphoric Market Environment
Every investor with experience in the stock market should understand there is a relationship between return and risk. The existence of a trade-off between the opportunities for gain against the possibility of loss is not in debate. Nor are the mathematical calculations behind each side of the equation subject to
Posted on July 19, 2017
WST Featured in RIA Rankings Published by Financial Advisor Magazine
WST Featured in RIA Rankings Published by Financial Advisor Magazine
WST featured in RIA Rankings Published by Financial Advisor Magazine Wilbanks Smith & Thomas was recently named in the 2017 Top RIA Ranking produced by Financial Advisor Magazine. The voluntary survey, published in this month’s edition of the magazine[1], comprises a list of 638 Registered Investment Advisory firms reporting from
Posted on July 17, 2017
WST 2Q 2017 Commentary
WST 2Q 2017 Commentary
We hope your summer is off to a good start. Even in this world of always-on communications, texts, tweets, emails, etc., the long days of late June and July have a special feel, and we hope you’re able to pause and enjoy them. With the pace of life slowing
Posted on June 30, 2017
The Knowledge Illusion
The Knowledge Illusion
  When the Greek alphabet was first introduced, Socrates was not in favor of it. He believed a man's knowledge should be retained in his own head, and written word would make it far easier to be influenced by other people's thoughts. At the center of Socrates’ objection to written word was
Posted on June 27, 2017
O Brother, Where Art Thou? Thoughts on Surging Stocks, the Fed and Hidden Treasure
O Brother, Where Art Thou? Thoughts on Surging Stocks, the Fed and Hidden Treasure
An apt opener for discussion on today’s current market environment, this quote comes from the protagonist of the 2000 movie, O Brother, Where Art Thou? Set in the Deep South during the Great Depression, the film is a satirical riff on Homer’s epic Ulysses. In it, George Clooney’s memorable Everett
Posted on June 19, 2017
WST on Bloomberg TV: November 2016
WST on Bloomberg TV: November 2016
Wayne Wilbanks, chief investment officer at Wilbanks Smith & Thomas Asset Management, discusses the market rally following the election of Donald Trump, U.S. valuations and the outlook for the bond market. He speaks to Bloomberg's Betty Liu and Yvonne Man on "Bloomberg Daybreak: Asia." (Source: Bloomberg) This information presented in any
Posted on November 11, 2016
WST on Bloomberg TV: August 2016
WST on Bloomberg TV: August 2016
Wayne Wilbanks, chief investment officer at Wilbanks, Smith & Thomas Asset Management, discusses the low volumes in the markets, the timing of the next Fed rate hike and negative interest rates. He speaks to Bloomberg's Ramy Inocencio and Yvonne Man on "Daybreak Asia." (Source: Bloomberg) This information presented in any of
Posted on August 30, 2016
WST on Bloomberg TV: May 2016
WST on Bloomberg TV: May 2016
Wayne Wilbanks, chief investment officer at Wilbanks, Smith & Thomas Asset Management, discusses the rally in U.S. stocks with Bloomberg's Angie Lau on "First Up." (Source: Bloomberg) This information presented in any of the above publications/media appearances represents opinions of Wilbanks Smith & Thomas and are subject to change from time
Posted on May 24, 2016
WST on Bloomberg TV: April 2016
WST on Bloomberg TV: April 2016
Wayne Wilbanks, chief investment officer at Wilbanks Smith & Thomas Asset Management, discusses U.S. earnings season, its impact on the markets and his strategy for investors. He speaks to Bloomberg's Angie Lau on "First Up." (Source: Bloomberg) This information presented in any of the above publications/media appearances represents opinions of Wilbanks
Posted on April 13, 2016
WST on Bloomberg TV: February 2016
WST on Bloomberg TV: February 2016
Wayne Wilbanks, chief investment officer at Wilbanks, Smith & Thomas Asset Management, discusses the possibility of a U.S. recession. He speaks with Bloomberg’s Angie Lau on "First Up." (Source: Bloomberg) This information presented in any of the above publications/media appearances represents opinions of Wilbanks Smith & Thomas and are subject to
Posted on February 5, 2016
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