Mike W

The 1980s: Yesterday & Today

I remember back in the early 1980s when people were so worried about US President Ronald Reagan (who was known as “that actor with the monkey”), and experts clashed over what that type of leadership would mean for...

Young Bulls & Old Habits

How about this bull market that’s now being described as over nine years old, eh? In stock market years, that’s like calling it a Zimmer-framed financial thrombosis-in-waiting. So, let’s try putting a little perspective on the life and...

Why the Market’s Talking Italian…

Why is it that, just as one “financial market monster” is vanquished another bigger, uglier and scarier one always seems to arrive? And who amongst you, while pondering the next potential economic Godzillas out there truly thought Italian...

Market View: Confusing the Summer’s Roses for Weeds

What would the summer financial season be without a continuing stream of bad data to push you to react? I’d call that unlikely event a good quarter, indeed. As such, I’ve long suggested that folks should try hard...

Summer’s Here: Set Click-Bait Amplifiers to “Eleven”

With the impending arrival of June the investor and manager crowds are already beginning to thin out and fade into the summer haze. And just as in the past 36 summer doldrum seasons that I’ve worked in this...

Because No One Wants to Get Rich Slowly

There’s been rising chatter about a lack of liquidity in the markets. Folks, we’re not even close. The next bear market will not be because of a shortage of liquidity. America’s corporate tax overhaul at the end of...

The Space Between Headlines and Facts

Far above the Armageddon-like media coverage America’s economy is, as we used to say, “Smokin'." By example, KPMG recently released data from a CEO survey that showed huge increases in confidence for growth – they see significant increases...

The Game of Doubt

Investing for the long-term, while successfully accumulating wealth, will be one of the toughest games you’ll ever play. The journey is as exciting as it is humbling. In fact, at times it will seem to be begging you...

Market Volatility Breeds Doubt

When it comes to the threat of war, the difference between today and 25 years ago is that cameras and real-time wireless connections with satellite feeds put us all on “the frontline” within seconds. The truth is that...

Investor Rope Burns

Anyone hoping we might start Q2 more quietly than we ended Q1 on the volatility front has been rudely awakened to a dead elephant bounce. Thousands of points have already been covered and we are only a few...