Mike W

The End of the World Has Been Greatly Fabricated

Folks, the growth rate is slowing. And when the unrelenting fear over this mathematically obvious turn of events settles down, the masses will eventually recognize that this is not a bad thing. Here’s the weekly S&P 500 earnings...

What No Bear Market Has Ever Managed to Do…

It seems like the weekends have been reduced from the two full days of my youth, down to about 16 minutes now. It’s moving fast out there and getting faster. Billions and billions of dollars have fled the...

Employment, Earnings and Technology’s Endgame

Forget the false news you hear all the time about how US jobs growth is all about part-time positions getting filled. That "fact" could not be farther from the truth: Scott Grannis of the Calafia Beach Pundit shows...

China: What You Don’t Know You Don’t Know…

Am I crazy, or did 2019 just start like 9 hours ago? One and a bit months down and 10 and a bit to go in the New Year, and to celebrate the newfound energy in the market...

MISSING: Financial Train Wreck, Answers to ‘Brexit, Trump, Earnings or Rates’…

This latest investor panic and exodus from anything even remotely perceived as risky seems to have run its course…for now. So, was it worth it for those who bought into all the selling out? Dash of Insight’s Jeff...

Horsemen of Financial Apocalypse Request Holiday, Upset By Call-Offs

Hundreds of gallons of ink (and billions of pixel-thingies) have been spilled (and Tweeted about) by experts telling us that the world was ending because of a rates breakout. The country was going to be choked, they said....

TUMS: Talked Up Media Stories

Hundreds of billions of dollars were liquidated from the market in the last two weeks of 2018. (Feels like six years ago already, eh?) And while the markets have just delivered one of the best "bounce-back" Januarys in...

The Bricks in the Market’s Wall of Worry…

Stocks fell out of bed recently after US Commerce Secretary Wilbur Ross said that trade negotiations with China were far from complete. “We would like to make a deal but it has to be a deal that will...

The Cycle That Triggers a Financial Crisis

Recessions often come from excess. They tend to be preceded by periods when growth is very strong and widely expected to remain so for the foreseeable future. Thereafter speculative excesses develop which are fuelled by rapidly rising debt....

The Few Investors Along for the Ride

"Well alas we've seen it all before, Knights in armour, days of yore, The same old fears and the same old crimes, We haven't changed since ancient times." - Mark Knopfler,Iron Hand Markets climb walls of worry, folks....