Mike W

Who Broke the Market’s Crystal Ball?

Corporate earnings continue, in the majority, to beat expectations. And we’re not future-gazing here when we say that this trend is normal in the first few weeks of the earnings season. It’s only once we get past the...

The Bad Times Don’t Come to Stay, They Come to Pass…

I’ve been told since 1982 that I wear rose-coloured glasses. Maybe so, but the overwhelming signal from history suggests it’s far more valuable to wear those “happy specs” even during the bad periods. That’s because the bad times...

Accentuate the Positive…

Did you know that the vast majority, well above 95%, of the news we take in each day is, in a word, negative. We’re fed data and perspectives that drive worries about almost everything: money, economic issues, politics,...

When Folks Start Investing to Lose Money

If the recent strong ISM Manufacturing data from September (hurricanes and all) didn’t make your day, perhaps the latest ISM report on the Non-Manufacturing (Service) sector will manage to. Economists and analysts thought we would come in at...

Strong Like Bull

In all the day-to-day media hype and drama what’s important is often overlooked. The Manufacturing Index arguably fits that description. There’s a longstanding perspective that the US is poorly and they just ship in what they need from...

Market Storms in a Teacup

Funny how the calendar can shape your perspective on the financial markets. Right now we’re in that odd spot of the year between the summer haze wearing off and the fears about September and October crashing over us....

Watching Out for “What Isn’t Happening”

We’re just past the post on the end of Q3, 2017 and…crickets. Sure, the problems seem to be endless. And if there weren’t such ample supplies of garbage in the headlines then I’m sure they would invent some....

The Ghosts in the Stock Market Machine

Halloween may still be several weeks away but there’s no shortage of ghost sightings out there amongst the investor herd. Imagination is the enemy, and they’re clinging to theirs fear like it was a security blanket. And it’s...

The World Economy by the Numbers

How big is the world economy today? With all the negative hand-wringing, non-stop media chatter and parochial perspectives, most folks overlook just how big everything has become during these so-called perilous times. Let's have a look at the...

Following the Earning’s Season’s Bouncing Balls

Watch out! October is almost here. And Christmas is only 90 days away. It’s stunning how fast 2017 has flown by. So, with Q3 right around the corner, let's get a quick summary of the latest stats. (By...