Mike W

Our Biggest Economic Blind Spot

The markets are continuing to react to the headlines – the good and bad – as the summer’s slowdown in first-team participants is making it easier for the algorithms to move the averages. Case in point: As we...

When “Trade War” Means “Effective Negotiations”

The recent good news about China has been hidden by all the “tariff war” media antics. Yup, it looks like China will be running out of room on the board soon – I’ll explain more about that below....

Who Dares Wins

You can blame the calendar if you start to feel a flood of boredom once the corporate earnings announcements end. Just remember that this is the haziest of the summer months and has a reputation for volatility. And...

Business is Moving Higher & Higher…

Reports continue to suggest that the world is moving along just fine if you can ignore the noise. Maybe a summertime media detox is in order here. Case in point, in the American Midwest it's been really busy...

Making Media Sandcastles from Market Molehills

As expected, July’s market headlines continue to roar along like angry lions even as volumes are withering on the City and Wall Street vine. Well, at least those driven by actual humans. The black boxes and algorithms will...

Imagining the Day We Don’t Need Oil

After moving halfway through the year we’re looking more and more like the 2014 rendition we spoke of as 2018 began. Back in 2014, we had a relatively thin trade range until November, with a nice run to...

Like Water Off a Black Swan’s Back

"If you can keep your head when all about you are losing theirs...." – Rudyard Kipling The media continues to paint this summer’s investment skyline red (just as it has every summer that I can remember since I...

Space: Just Another Economic Frontier

A month or two ago, I wrote about the mind-bending, future altering impacts that SpaceX – the short name for Elon Musk’s Space Exploration Technologies Corporation focusing on aerospace manufacturing and transportation - would bring to mankind. I...

What Market Monsters Giveth and Taketh Away…

The media hot air has all now been squeezed out of the North Korea (NoKo) summit in screeds of catastrophic column inches. And now they need a new headline monster. Enter Mr El-Erian, chief economic adviser at Allianz,...

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...