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Letters from Linlithgow
Letter from America
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By Mike Williams | 26th July 2019
The Market? I’ll Be Blunt…
Summertime doldrums are supposed to cause market chop, investor angst and much nervousness. They’re not supposed to kickstart new highs....
By Mike Williams | 23rd July 2019
The Acoustics of Market Disruption
So ends the first half of ‘Summer Haze 2019’ – thus far a financial mediapalooza with the sound fidelity of...
By Mike Williams | 16th July 2019
When Actions Speak Louder Than the Federal Reserve
Celebrations for the new stock market highs over the last week or so have been thin on the ground (read:...
By Mike Williams | 28th June 2019
Four Horses Short of Armageddon
Fear is everywhere. But as the graphics below will show you, that fear is overblown, exaggerated, and mostly inaccurate: The...
By Mike Williams | 28th June 2019
37 Summers, Same Ebbs & Flows
The daily message of dark undertones from the media is: "Underneath the impressive rally is a trend that doesn't seem...
By Mike Williams | 26th June 2019
The Only ‘Indexes’ That Matter
There’s little doubt about the number of things being offered up by the media for us to worry about. But...
By Mike Williams | 24th June 2019
How Fear Can Cost You a Fortune
“Once you start down the dark path, forever will it dominate your destiny, consume you it will.” - Yoda At...
By Mike Williams | 21st June 2019
Your Safest Bet to Lose Money
Yep, there it is…the pitter-patter of the US Federal Reserve’s feet as it back-pedals away from the monstrous growl of...
By Mike Williams | 13th June 2019
Bullish Gains Mean Bearing the Volatility
The future usually becomes more apparent when you stop paying attention to every tiny detail happening today. And the more...
By Mike Williams | 10th June 2019
Fear or Faith?
The summer market jousting has begun in earnest, folks. And the good news is there’s only about 100 days left....
By Mike Williams | 7th June 2019
Volatility Is Not Risk
The media and Wall Street have done a wonderful job of teaching their audiences that stock market volatility means risk....
By Mike Williams | 4th June 2019
What Causes a Recession?
With the arrival of June, the stock market summer haze thickens – our attention span shortens as the data arrives...
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