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Informing You
Letters from Linlithgow
Letter from America
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By Mike Williams | 5th October 2020

Investor Temper Tantrums

“You are not the victim of the world, but rather the master of your own destiny. It is your choices...
By Mike Williams | 30th September 2020

Record Highs Meet Confidence Lows

The latest earnings data from Refintiv shows analysts are starting their normal "hook" process. In other words, as we get...
By Mike Williams | 25th September 2020

The Joy of Market “Mini-Panics”

The trading range in the Dow Jones this week (at the time of writing) has been roughly 800 points (high...
By Mike Williams | 25th September 2020

How Corrective Waves Create Future Returns

As we trek through the window of "empty data flow" and await improvements in GDP and earnings beginning in mid-October,...
By Mike Williams | 22nd September 2020

From Peak Fear to Long Rally

“The two most powerful warriors are patience and time.” Leo Tolstoy If you went to sleep around the end of...
By Mike Williams | 17th September 2020

The ‘News’ Isn’t News…

“Once you start down the dark path, forever will it dominate your destiny. Consume you, it will.” – Yoda It’s...
By Mike Williams | 16th September 2020

The Slow Trek Towards the New Economy

“We must all suffer one of two things: the pain of discipline or the painof regret and disappointment.” Jim Rohn...
By Mike Williams | 15th September 2020

Who Profits from Pessimism?

I suspect we will continue to see the month of September as a struggle, which is not only OK, but...
By Mike Williams | 3rd September 2020

This Bull Market is Just a Baby

“If you are distressed by anything external, the pain is not due to the thing itself, but to your estimate...
By Mike Williams | 2nd September 2020

Missing: The Annual August Stock Market Swoon

August is usually not that great for stock markets. In fact, it’s like the land of summer swoons, an expected...
By Mike Williams | 31st August 2020

On the Comeback Trail

"Most people want to avoid pain, and discipline is usually painful." - John C. Maxwell As we close out the...
By Mike Williams | 26th August 2020

There Ought to be Clowns…

“Don't you love farce? My fault, I fear,I thought that you'd want what I want,Sorry, my dear!”Judy Collins, Send in...
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Alan Steel Asset Management
Alan Steel Asset Management Ltd is authorised & regulated by The Financial Conduct Authority (FCA No: 114423).
Registered in Scotland SC058014. Registered Office: Nobel House, Blackness Road, Linlithgow, West Lothian, EH49 7HU. Please note that the Financial Conduct Authority does not regulate some forms of tax advice.
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