Mike W

 

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The World of Uncertainty

Yep, this is one of those times when that feeling in your gut starts to get heavy – like standing way out over your skis before you plunge down a sheer snowy mountain face. I call it altitude...

Market Fear Has Always Been Expensive

Where to begin in this sea of confusion? Could things actually be going well? Have we forgotten what a wave of growth looked like? It seems that this old-aged bull market is headed on yet another long leg...

Bullish Trends, Bearish Expectations

Even as earnings continue to come in nicely above expectations and markets hit the pause button over political noise, sentiment continues to remain in the "paltry" zone. In simplest terms, there are more bears than bulls out there....

It’s Not Just The US That’s Seeing Economic Improvement…

There is plenty of good economic news in the US to focus on; solid jobs, solid sales, excellent data on manufacturing, solid PMI's…. In the UK and Europe, Theresa May got the vote she needed and now Brexit...

Magazine Covers versus Market Sentiment

Most folks who are long-in-the-tooth in this business don’t like seeing magazine covers that crow about the next big thing in the markets - especially when it’s bullish. Why? Well because history shows more often than not that...

Investors: A Tale of Too Many

Here we are on the doorstep of change once again. It’s always a little scary for some, exhilarating for others and a complete yawn for still more of you out there. So, I’ll reiterate the thing that makes...

The Match That Lights the Market’s Fuse

The new administration is just days old and I'm already tired of hearing about all of its problems. So if we’re going to get some sort of market setback then I suspect we’re now on the verge of...

Two Voices, One Market Lesson

Here’s the lesson: Every new market high proves beyond a doubt that the fears voiced before it got there, along with every single dip, correction, mini-bear market, flash-crash, soft spot, bad data report or earnings cycle miss throughout,...

The Market Forecast Partly Cloudy with Corrective Winds

Do you remember the scenario we suggested as these notes came to a close in 2016? We said we could very well be setting up for a pause or some setbacks as Trump enters the White House, and...

The Law of Large Numbers & Small Businesses

Beyond the political noise, one of the most important developments this week is the chart (above) on small business optimism in the US. Granted some of this spike might be a bit premature but the value of this...