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    <loc>https://westernlevel.com/commentary/stocks-down-bonds-down</loc>
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    <priority>0.5</priority>
    <lastmod>2026-03-23</lastmod>
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      <image:title>Commentary - March 2026: Stocks Down, Bonds Down. - Make it stand out</image:title>
      <image:caption>Die Hard.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/9020abd7-4bc2-4508-888d-4f6b0e58e16a/SPY+vs+Bond+ETFs+MAR2026.jpg</image:loc>
      <image:title>Commentary - March 2026: Stocks Down, Bonds Down. - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/running-money-market-pain</loc>
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    <lastmod>2026-02-26</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/b0bf2dcd-bf82-418f-826e-4f65ecb9e67e/FEB2026aa.jpg</image:loc>
      <image:title>Commentary - FEB 2026: Running Money - Market Pain - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/d307e6d9-a49e-4357-84cd-66f500aa2412/Sp500+Comp+FEB2026.jpg</image:loc>
      <image:title>Commentary - FEB 2026: Running Money - Market Pain - Make it stand out</image:title>
      <image:caption>YTD stock performance dispersion is wide for such a short period:</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/7d2356f0-bc2f-49b6-8c0b-96b6c31b4a3c/software+vs+energy+FEB2026.jpg</image:loc>
      <image:title>Commentary - FEB 2026: Running Money - Market Pain - Make it stand out</image:title>
      <image:caption>Dispersion again (Software Sector versus Energy Sector YTD.  Wow.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/7e33873c-aff6-4d4f-908a-980811c262bb/sec_ytd_120765797.png</image:loc>
      <image:title>Commentary - FEB 2026: Running Money - Market Pain - Make it stand out</image:title>
      <image:caption>S&amp;P 500 Heat Map YTD (Feb 25, 2026).</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/e0affa49-f102-4d7b-878b-ae15663dee76/US+Equity+FEB+2026.jpg</image:loc>
      <image:title>Commentary - FEB 2026: Running Money - Market Pain - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/1dfe0910-0d14-46f9-90e9-8681364cb8df/Sat+Port+I+feb2026.jpg</image:loc>
      <image:title>Commentary - FEB 2026: Running Money - Market Pain - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/668f1077-3353-4b6a-9d12-5e6956313b12/SatPort+II+Feb+2026.jpg</image:loc>
      <image:title>Commentary - FEB 2026: Running Money - Market Pain - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/october-2025-portfolio-update</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2025-11-06</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/59aacf68-f914-4933-b714-1497ff441eca/Slide12.jpeg</image:loc>
      <image:title>Commentary - October 2025: Portfolio Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/12d168ce-dcb3-46e1-8f4c-bb8d0074a3dc/WLA+Portfolio+OCT+2025.jpeg</image:loc>
      <image:title>Commentary - October 2025: Portfolio Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/july-2025-five-401k-three-two-one</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2025-07-22</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/1753220907032-XDDSZ7Q68YHIYBA0HXKN/image001.jpg</image:loc>
      <image:title>Commentary - July 2025: Five, 401k, Three, Two One - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/run-it-hot</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2025-06-12</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/be51dd9a-8699-4cbe-8f0d-1af0430dd172/June+2025.jpg</image:loc>
      <image:title>Commentary - June 2025: Run It Hot. - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/march-2025risk-defensives-cash-and-chill</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2025-03-14</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/fb3f10cb-10c7-4831-8d21-e4372b248a75/MAR2025a.jpg</image:loc>
      <image:title>Commentary - March 2025:               Risk+Defensives+Cash. And Chill. - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/94622ec8-6632-4866-bc4d-80c49451180c/SP500+DrawDownsMAR2025a.jpg</image:loc>
      <image:title>Commentary - March 2025:               Risk+Defensives+Cash. And Chill. - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/buckle-up</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2024-12-28</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/888d6d60-461c-4a5e-a503-dd5a3c2a5217/Wind+Hold+Jan25.jpg</image:loc>
      <image:title>Commentary - JAN 2025: Buckle Up - Make it stand out</image:title>
      <image:caption>An appropriate wind hold metaphor at Mt Rose Ski Area.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/08d1461f-4738-4a9d-9c7b-e7465138fa2d/S%26P500+Concentration.jpg</image:loc>
      <image:title>Commentary - JAN 2025: Buckle Up - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/241cff0e-e902-4feb-af18-4f7fea9a55f6/S%26P500+Valuations.jpg</image:loc>
      <image:title>Commentary - JAN 2025: Buckle Up - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/12298ce1-b0fd-4d98-8daa-5eb8c6cfade6/10-yr+Treasury+Bond.jpg</image:loc>
      <image:title>Commentary - JAN 2025: Buckle Up - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/44295b7f-cce1-42b1-b3a3-f56390691731/US+Debt+Wall.jpg</image:loc>
      <image:title>Commentary - JAN 2025: Buckle Up - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/f0b64894-1133-4f30-afe6-76cc71ace1b5/CRE+Deliquencies.jpg</image:loc>
      <image:title>Commentary - JAN 2025: Buckle Up - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/eecec6c6-643f-4b2b-997e-41314df10fd5/Small+cap+debt+wall.jpg</image:loc>
      <image:title>Commentary - JAN 2025: Buckle Up - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/us-equity-flows</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2024-12-11</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/900df60f-9430-4eab-9daa-7d790dfcb959/DEC2024+Equity+Flows+a.jpg</image:loc>
      <image:title>Commentary - DEC 2024: US Equity Flows - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/ab957d2e-8daa-4b96-8304-faebefd711d0/US+Equity+vs+Non-US+Equity+DEC+2024.jpg</image:loc>
      <image:title>Commentary - DEC 2024: US Equity Flows - Make it stand out</image:title>
      <image:caption>https://www.ssga.com/us/en/intermediary/etfs/spdr-sp-500-etf-trust-spy https://www.ishares.com/us/products/239623/ishares-msci-eafe-etf https://www.ishares.com/us/products/244050/ishares-core-msci-emerging-markets-etf</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/e96c3c98-fbfe-4840-8dac-427ec7e68f69/US+FLows+vs+Non+US+DEC+2024.jpg</image:loc>
      <image:title>Commentary - DEC 2024: US Equity Flows - Make it stand out</image:title>
      <image:caption>https://x.com/WinfieldSmart/status/1863886747915948164</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/8459e1fb-3e78-49cd-bdfb-0dba449bc183/Record+US+Inflows+DEC+2024.jpg</image:loc>
      <image:title>Commentary - DEC 2024: US Equity Flows - Make it stand out</image:title>
      <image:caption>https://x.com/NorthmanTrader/status/1858523669435121902</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/35c0e139-f585-49eb-8ee4-e3de25c738ff/US+stocks+are+expensive+DEC2024.jpg</image:loc>
      <image:title>Commentary - DEC 2024: US Equity Flows - Make it stand out</image:title>
      <image:caption>https://x.com/dailychartbook/status/1865101401338052853</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/7f56f77b-dfc5-4f42-9c66-0846bf4b8562/MSCI+Tech+Dec2024.jpg</image:loc>
      <image:title>Commentary - DEC 2024: US Equity Flows - Make it stand out</image:title>
      <image:caption>https://x.com/Mayhem4Markets/status/1866845843027841435</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/regime-change</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2024-10-05</lastmod>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/running-money-spy-gt-long-live-the-king</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2024-06-17</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/cf940696-8d29-402c-92f0-443374a1e149/Screenshot+2024-06-11+at+1.41.01+PM.png</image:loc>
      <image:title>Commentary - June 2024: Running Money: SPY –&amp;gt; Long Live The King - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/87779bcc-7858-4743-9e27-16e90cc540d2/Screenshot+2024-06-11+at+9.52.58+AM.png</image:loc>
      <image:title>Commentary - June 2024: Running Money: SPY –&amp;gt; Long Live The King - Make it stand out</image:title>
      <image:caption>Google chart is price performance only, does not account for distributions or dividends.  Performance is non-annualized, 5-year figures as of June11, 2024.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/843373d2-284b-4d1a-8987-5ee1f9293eae/Screenshot+2024-06-09+at+1.10.27%E2%80%AFPM.jpg</image:loc>
      <image:title>Commentary - June 2024: Running Money: SPY –&amp;gt; Long Live The King - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/09c7088e-de89-482b-9875-63027e98ee97/Screenshot+2024-06-09+at+1.23.13%E2%80%AFPM.png</image:loc>
      <image:title>Commentary - June 2024: Running Money: SPY –&amp;gt; Long Live The King - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/5d4f0978-f97b-468f-b2c6-82a92c10537a/Screenshot+2024-06-09+at+1.28.51%E2%80%AFPM.png</image:loc>
      <image:title>Commentary - June 2024: Running Money: SPY –&amp;gt; Long Live The King - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/7314dadf-1ec4-4478-834c-ba9bcf5c495e/Screenshot+2024-06-09+at+1.33.47%E2%80%AFPM.png</image:loc>
      <image:title>Commentary - June 2024: Running Money: SPY –&amp;gt; Long Live The King - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/c94b9620-69e9-4595-b5f6-e51261768abe/Screenshot+2024-06-09+at+2.05.04%E2%80%AFPM.png</image:loc>
      <image:title>Commentary - June 2024: Running Money: SPY –&amp;gt; Long Live The King - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/3651cd91-8d4b-467d-9f0a-1032e3e71b76/Screenshot+2024-06-11+at+9.00.42+AM.png</image:loc>
      <image:title>Commentary - June 2024: Running Money: SPY –&amp;gt; Long Live The King - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/running-money-may-2024</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2024-05-06</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/fbd7cde1-62a1-4a95-81fd-9205f9e5eea0/US+EQUITY+1+YR+MAY+2024.jpg</image:loc>
      <image:title>Commentary - MAY 2024: Running Money - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/c57a769c-2a99-428c-bf90-46b3817ce95e/US+EQUITY+YTD+MAY+2024.jpg</image:loc>
      <image:title>Commentary - MAY 2024: Running Money - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/a55f885c-c2e5-45ce-8f9b-496657d1f6da/SATELLITE+1+YR+MAY+2024.jpg</image:loc>
      <image:title>Commentary - MAY 2024: Running Money - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/b1110d37-7e8e-4f51-8dc2-f996b5f68f05/SATELLITE+YTD+MAY+2024.jpg</image:loc>
      <image:title>Commentary - MAY 2024: Running Money - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/inthenews</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2024-04-23</lastmod>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/401kprimer</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2025-01-22</lastmod>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/ungujsxnit8at523h7cybat57nensv</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2024-02-09</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/0c652440-b4e3-4ff1-b082-e441c9644cc6/May2023.jpg</image:loc>
      <image:title>Commentary - $2m in Cash, or Cash-cash? - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/ecors0qi33t741pqr47204ngulib07</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2024-01-18</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/065b69f4-c997-4288-aecc-c611b3c8683f/WLA+and+Elements+JAN24.jpg</image:loc>
      <image:title>Commentary - Seven First Quarter Action Items for the Small Business Owner. - Make it stand out</image:title>
      <image:caption>Elements answers the question, “Am I ok - do I have enough to retire?”</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/2c0ywoqw9e7rnxuulsp678myu2ckjw</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-11-20</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/2e136741-2e2d-4f38-b79b-e142c82790cc/Five+Bond+Funds+NOV2023.jpg</image:loc>
      <image:title>Commentary - Do you have losses in your fixed income allocation? - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/ci4motigj329rym2fs6do3aa6q89rg</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-09-29</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/48710b79-9309-4c11-af0d-5af9d95e6ccb/Chart+%231.jpg</image:loc>
      <image:title>Commentary - Six charts that explain the market right now. - Make it stand out</image:title>
      <image:caption>https://twitter.com/LizAnnSonders/status/1707015332529910068</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/a4c057a2-a1d2-472b-a88a-9e5d09e74440/Chart+%232.jpg</image:loc>
      <image:title>Commentary - Six charts that explain the market right now. - Make it stand out</image:title>
      <image:caption>https://twitter.com/Convertbond/status/1706394568462344380</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/06ca7327-b75b-4dfd-9c45-3d9bcb9ded3f/Chart+%233.jpeg</image:loc>
      <image:title>Commentary - Six charts that explain the market right now. - Make it stand out</image:title>
      <image:caption>https://twitter.com/Convertbond/status/1706480721173287011</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/bd2e365d-770d-4b43-bd48-96a7d18121f9/Chart+%234.jpg</image:loc>
      <image:title>Commentary - Six charts that explain the market right now. - Make it stand out</image:title>
      <image:caption>https://twitter.com/TaviCosta/status/1706725980314931426  TLT fact sheet: https://www.ishares.com/us/products/239454/ishares-20-year-treasury-bond-etf</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/e3dcf8d1-20dd-4442-8678-c2c56690150c/Chart+%235.jpg</image:loc>
      <image:title>Commentary - Six charts that explain the market right now. - Make it stand out</image:title>
      <image:caption>https://twitter.com/JoeConsorti/status/1707468806484791687</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/35e2e181-97f1-461e-85a9-dbf0189293e1/Chart+%236.jpg</image:loc>
      <image:title>Commentary - Six charts that explain the market right now. - Make it stand out</image:title>
      <image:caption>https://twitter.com/EricBalchunas/status/1706649911356166519</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/vctgytojxv4cqvp88iaegyl8gruuml</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-09-25</lastmod>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/august-2023-checking-in-on-the-market</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-08-15</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/6bf615fd-24d3-4528-9e90-be59a1cbb4ab/SPY+vs+10+Yr+Treasury.jpg</image:loc>
      <image:title>Commentary - August 2023: Checking in on the market - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/e10c37e6-b1d1-47d9-896c-647af078c4b2/Buffet+Indicator.jpg</image:loc>
      <image:title>Commentary - August 2023: Checking in on the market - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/994abd68-5346-45fc-8ec3-4a8b131b4a8b/Federal+Deficit.jpg</image:loc>
      <image:title>Commentary - August 2023: Checking in on the market - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/20965c81-2630-4c8a-9dff-aacac19a761c/Pimco.jpg</image:loc>
      <image:title>Commentary - August 2023: Checking in on the market - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/6f4065df-8d05-48a5-b408-0ee1c5f3b2d6/DoubleLine.jpg</image:loc>
      <image:title>Commentary - August 2023: Checking in on the market - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/e661b7b4-e5bf-4710-ab63-06d3968970c4/JPMorgan.jpg</image:loc>
      <image:title>Commentary - August 2023: Checking in on the market - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/kj1k9gk0z3xja1p5ywckn5lrmb293i</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-08-04</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/72208145-5ee3-4db5-9671-13e9f066c9c9/info+graphic+JUL+2023.jpeg</image:loc>
      <image:title>Commentary - Client Profile: Small Business Contractor - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/talking50</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-08-09</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/1684798328783-7L3ZE6Y5XFMVHFMN00Y4/the+boys.jpeg</image:loc>
      <image:title>Commentary - I’m going to live to 100. Even if it kills me.</image:title>
      <image:caption>Mr. Hot-shot-14-year-old just realized there is a point in time when we will both be old.  I then imitated my son as a 64 year-old – still asking me for help in my best old man voice.  A good laugh ensued.  Papa can still put you in your place.  I’m not easing into my second 50.  Health and fitness are a high priority and I am nowhere near perfect.  Current medical studies are regularly concluding that “top-level” cardiovascular fitness is a top factor to make it to 100 and I’m a believer.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/ed9166d3-c2e0-418f-995c-edd64a2aff2d/Trio.png</image:loc>
      <image:title>Commentary - I’m going to live to 100. Even if it kills me. - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/713e1a9a-47fe-45ab-a33e-ed6b4497b852/compound+interest.png</image:loc>
      <image:title>Commentary - I’m going to live to 100. Even if it kills me.</image:title>
      <image:caption>It is worth noting that long-term annualized returns for the US Equity market hover around 10%*.  Hence the value to get this trajectory right, early.  Could you lower your investment expenses by 0.5% to 1.0%?   Are you stuck in a low return portfolio?   Big down-side performance in 2022? Bond portfolio underwater? Optimizing your IRA to Roth Conversion?</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/april-2023-market-update</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-05-22</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/81461317-798f-4995-8ffc-b88c1a06971b/Screen+Shot+2023-04-05+at+10.10.48+AM.png</image:loc>
      <image:title>Commentary - April 2023 Market Update - Year-to-date:</image:title>
      <image:caption>It's a bit amusing to view the markets in terms of Growth vs Value. US Equity Growth moved significantly higher in the first quarter – albeit from somewhat weak levels based on a negative return in 2022 and tax loss selling into yearend.  US Equity Value did not participate in the upside – the bank and energy sectors are examples of why (some banks failed and oil prices declined).  In terms of the overall market, the S&amp;P 500 continues impress (led by large cap tech of course). Russell 1000 Growth (Yellow) / Value (Light Blue) and the S&amp;P 500 (Dark Blue)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/a55fe04b-fc72-4d74-95ea-9698b30f30f9/Screen+Shot+2023-04-05+at+10.11.10+AM.png</image:loc>
      <image:title>Commentary - April 2023 Market Update - The five year trend…</image:title>
      <image:caption>Russell 1000 Growth (Yellow) / Value (Light Blue) and the S&amp;P 500 (Dark Blue)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/48a96ffd-5db1-4f9f-a37d-f25bb6c735f2/Screen+Shot+2023-04-05+at+10.15.57+AM.png</image:loc>
      <image:title>Commentary - April 2023 Market Update</image:title>
      <image:caption>In the fixed income market, the yield for the 2-year Treasury Bond peaked at 5% in March and a week or so later was just under 4%.  That is a big move and is typically not regarded as a sign of economic stability. The highly anticipated recession of 2023 remains as stealth as ever – the negative effects of the Regional Bank situation will be revealed soon enough.  Risk and volatility for US equities remain elevated.  The broad market is still adjusting to higher rates and now tighter lending standards (the US economy runs on debt – lots of it).  https://fred.stlouisfed.org/series/DGS2</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/ee2ff865-a9fc-4945-ac17-2833af2bf631/Janet+in+the+Casino.jpg</image:loc>
      <image:title>Commentary - April 2023 Market Update</image:title>
      <image:caption>Some of Janet Yellen’s statements in March 2023 regarding the banking situation were not well received by the banking experts - which prompted the following artwork on twitter.  It’s good to keep it light hearted and twitter is great for political cartoons.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/8mdq3rg6virhnuxg89bvtqalskdqng</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-03-23</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/b7133144-453d-4ecf-8bc8-80ee9f21db70/Screen+Shot+2023-03-14+at+8.19.14+AM.png</image:loc>
      <image:title>Commentary - Let’s talk about bonds… - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/c43d555c-c4d7-4434-a831-444e053f3d30/Screen+Shot+2023-03-14+at+8.23.36+AM.png</image:loc>
      <image:title>Commentary - Let’s talk about bonds… - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/8a9d07b9-7fae-48a7-a763-b9f7caf714b9/Screen+Shot+2023-03-14+at+9.36.46+AM.png</image:loc>
      <image:title>Commentary - Let’s talk about bonds… - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/0c0ff505-7750-4771-9b65-f22ffc07b0d2/wood-chipper670.png</image:loc>
      <image:title>Commentary - Let’s talk about bonds… - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/blog-post-title-one-c65hn-8dkps</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-02-21</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/3fa3a96d-469e-45e7-841a-0fe506316be4/Fm1wPj4XwAAxxar.png</image:loc>
      <image:title>Commentary - Everyone Macarena (I mean Macro) + an excellent podcast about Time, Money, &amp;amp; Experiences - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/blog-post-title-one-c65hn</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-02-13</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/ce086acd-35da-49b4-b6d2-4545c6a67bc6/Screen+Shot+2023-01-26+at+4.44.55+PM.png</image:loc>
      <image:title>Commentary - Seven Charts to Frame 2022&amp;nbsp;and how to Approach 2023 - Make it stand out</image:title>
      <image:caption>https://www.currentmarketvaluation.com/models/buffett-indicator.php</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/6ef7755f-6518-4931-a34d-88c1341e0a7e/Screen+Shot+2023-01-26+at+4.57.16+PM.png</image:loc>
      <image:title>Commentary - Seven Charts to Frame 2022&amp;nbsp;and how to Approach 2023 - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/92656ea4-6bc2-47da-9e6e-d5c2cca01131/Screen+Shot+2023-01-31+at+3.34.16+PM.png</image:loc>
      <image:title>Commentary - Seven Charts to Frame 2022&amp;nbsp;and how to Approach 2023 - Make it stand out</image:title>
      <image:caption>https://twitter.com/biancoresearch/status/1609235005770792961</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/c0f552dd-7bcd-40b3-84ce-d5c80a77133e/Screen+Shot+2023-01-31+at+3.35.38+PM.png</image:loc>
      <image:title>Commentary - Seven Charts to Frame 2022&amp;nbsp;and how to Approach 2023 - Make it stand out</image:title>
      <image:caption>https://twitter.com/biancoresearch/status/1609234999936524292</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/741c8bd6-ea3a-4f53-ba85-79d67e033e2c/Screen+Shot+2023-01-31+at+3.37.19+PM.png</image:loc>
      <image:title>Commentary - Seven Charts to Frame 2022&amp;nbsp;and how to Approach 2023 - Make it stand out</image:title>
      <image:caption>ttps://www.currentmarketvaluation.com/posts/fed-balance-sheet-vs-sp500.php</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/e1387c92-4b2c-4398-a8bd-e414c39c0d96/Screen+Shot+2023-01-31+at+3.38.43+PM.png</image:loc>
      <image:title>Commentary - Seven Charts to Frame 2022&amp;nbsp;and how to Approach 2023 - Make it stand out</image:title>
      <image:caption>https://twitter.com/hussmanjp/status/1583568802402353153</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/0ffeeaee-7274-4c61-bbac-11938e572a05/Screen+Shot+2023-01-31+at+3.39.26+PM.png</image:loc>
      <image:title>Commentary - Seven Charts to Frame 2022&amp;nbsp;and how to Approach 2023 - Make it stand out</image:title>
      <image:caption>https://twitter.com/biancoresearch/status/1593727735444037632</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6355c1bdc2b4f82048af603f/43eabe64-291d-46c2-923c-865462b9b103/Screen+Shot+2023-01-31+at+3.40.25+PM.png</image:loc>
      <image:title>Commentary - Seven Charts to Frame 2022&amp;nbsp;and how to Approach 2023 - Make it stand out</image:title>
      <image:caption>https://twitter.com/agnostoxxx/status/1607355890176348161</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://westernlevel.com/commentary/tag/US+stock+market</loc>
    <changefreq>monthly</changefreq>
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  <url>
    <loc>https://westernlevel.com/commentary/tag/Stock+Market+Valuations</loc>
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  <url>
    <loc>https://westernlevel.com/commentary/tag/Buffet+Indicator</loc>
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  <url>
    <loc>https://westernlevel.com/commentary/tag/Financial+Advisor</loc>
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  </url>
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    <loc>https://westernlevel.com/process</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2023-01-05</lastmod>
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    <loc>https://westernlevel.com/expertise</loc>
    <changefreq>daily</changefreq>
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    <lastmod>2024-02-17</lastmod>
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    <loc>https://westernlevel.com/home</loc>
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    <lastmod>2026-02-18</lastmod>
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    <loc>https://westernlevel.com/jons-career</loc>
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    <lastmod>2024-02-17</lastmod>
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