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Insights

Informing You
Letters from Linlithgow
Letter from America
By Steve Forbes | 1st November 2019

Happier times may be ahead…

Apologies for this Informing You being delayed. In this case the House of Commons was not the cause but rather...
By Mike Williams | 25th October 2019

The Debt Bomb?

Let's look at a string of charts from Scott Grannis of the Calafia Beach Pundit. It’s important stuff to be...
By Mike Williams | 24th October 2019

Just Like the Sky, Earnings Are Not Falling

On the first day of trading in 2018, the NYSE Composite (broad market index) closed at 13,103. On Monday of...
By Mike Williams | 7th October 2019

The Market’s Dreams of Sugar Plums

Yep, this decade is now about 97.5% over. It’s hard to remember where it all started. After all, when it...
By Steve Forbes | 1st October 2019

There is good news if you know where to look

If ever my advice to avoid the news was challenged I would have to cite last week as exhibit A....
By Mike Williams | 25th September 2019

All the Battles Being Fought on Emotion…

It’s hard to believe that Q3 earnings will start up in just a few short weeks. And we suspect it...
By Mike Williams | 23rd September 2019

The New Normal?

In case you’re wondering how strong the consumer is, the image below shows the structure of US GDP. Of note...
By Mike Williams | 12th September 2019

There Are No Clear Futures, Only Perspectives

“You will find only what you bring in.” – Yoda Markets, investing, and planning are unruly beasts. Done improperly, they...
By Mike Williams | 11th September 2019

When the Consensus Contradicts Common Sense

Often in all the noise, we can lose sight of how much better things get over time. This is surely...
By Mike Williams | 10th September 2019

There’s Always a Bubble

Here’s a few things to consider: Consumers and companies adapt. That means even if the "tariffs" lasted for years there...
By Mike Williams | 2nd September 2019

The Death of Slow

It appears Armageddon did not arrive with August as so many had predicted. Even the tail-end of the Q2 earnings...
By Mike Williams | 29th August 2019

Mind Games

Backward glances often reveal that old news is never real. The better part of the first half of this year...
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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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