The recent tariffs announcement on April 2nd had a significant effect on the public U.S. stock market. However, other areas of the market were affected less severely, while some areas even noted a positive return. For example, many areas of the bond market experienced a positive return in the immediate wake of the tariffs announcement, while international markets experienced a much more modest year-to-date decline due to significant gains earlier this year. These differences demonstrate the importance and effectiveness of portfolio diversification. Ensuring your portfolio includes investments uncorrelated to the U.S. stock market (such as international stocks, private credit, private equity, and real estate) can help maximize your long-term performance and minimize losses during market downturns. If you have any questions, please feel free to reach out to your BMSS Wesson professional, call our office at (205) 982-5555 or visit our website at www.bmsswesson.com.
About BMSS
BMSS Advisors & CPAs was established in 1991 with the vision of creating a CPA firm that would provide peace of mind for its clients while sustaining a healthy, happy culture for its employees. As this dream has been realized, BMSS has grown to become one of the Southeast’s top advisory and accounting firms, now with eight offices throughout Alabama and Mississippi.
The CPA firm specializes in several industries, including (but not limited to) manufacturing, wholesale distribution, construction, technology, nonprofit, and government contracting. In addition to tax planning, compliance and assurance services, the firm boasts a robust business advisory practice area which includes transaction advisory, valuation, client accounting solutions, and CFO advisory services. BMSS also specializes in state and local tax, estate planning and employee benefit plan audits.
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