Mike W

Shutting Up the Big Shut Down

Things are getting better. Now, that doesn’t mean every day, week, month or quarter. Long-term trends include bad windows. Sometimes several of them. Shutdown As such, I shouldn’t be surprised by today’s headlines: "Traders Skittish as Government Shutdown...

The Frogs of Wall Street

It seems like positive news is bad for business. Tell someone about the stock market’s good tidings and your gaze may be met with something between stupefaction and haughty derision. Apparently, I just don't understand what drives real...

When the Fear Breaks

The latest earnings season is now upon us. I swear it feels like the last one just ended about 74 minutes ago. My wife keeps telling my it's a sign of Alzheimer’s. I tell her she's nuts. She...

The Wall Street Hammer Horror Show

"Well alas we've seen it all before, Knights in armour, days for yore, The same old fears and the same old crimes, We haven't changed since ancient times" - Dire Straits, Iron Hand I always think of the...

An Inflated Sense of Fear

The early days of January remind me of that hazy feeling you get right after the summer break; you know your brain needs to be working at full speed, buuuut you just can't quite get there… I guess...

The Market Mysteries of 2018

It's always nice to start off a New Year with good data despite any flies in the ointment. Let’s start with trucks… Hey, where are you going? I know it sounds boring (who thinks about trucks and if...

You Aint Seen Nothin Yet

"It is not necessary to do extraordinary things to get extraordinary results." – Warren Buffett Over the last week or so market records have been thrown around like pennies at a wishing well. But when you consider that...

Meanwhile, The Markets Went Up

“If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.” – Warren Buffett Bad news, eh? The garbage on the airwaves has been like a choking smog; terrible...

The Enemy is Emotion

“The business schools reward difficult complex behaviour more than simple behaviour, but simple behaviour is more effective.” “There seems to be some perverse human characteristic that likes to make easy things difficult.” Those are two brilliant quotes from...

Follow the Trend Lines, Not the Headlines

The second read on US GDP is that it went up to 3.3%, and inflation went down. That happened while many other important categories set records. And yet…? You could have heard the crickets over any noise the...