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Letters from Linlithgow
Letter from America
By Mike Williams | 26th August 2019
Not Quite Shaking in Our Boots
“Fear is the path to the dark side. Fear leads to anger. Anger leads to hate. Hate leads to suffering.”...
By Mike Williams | 22nd August 2019
Winning the Trade Range Game
“Train yourself to let go of everything you fear to lose.” – Yoda Have you ever experienced that feeling when...
By Mike Williams | 16th August 2019
Fear is the New Black
China, Tariff Wars, Hong Kong, Brexit, inversion, negative rates, the ‘summer swoons’, black boxes, high frequency trading, low volumes, earnings...
By Mike Williams | 15th August 2019
Four Keys to Surviving the Summer Market
Consider the following four points as we head into the thickest part of the summer market haze: As volume falls...
By Mike Williams | 13th August 2019
From 900 to 27,000
Not much surprises me anymore. So, here’s the deal: There will always be ugly periods in markets, scary times, crappy...
By Mike Williams | 8th August 2019
No Longer ‘Made in China’?
Remember the “good old days” when everything was made in China? Labour was cheap; we’d send a bunch of stuff...
By Mike Williams | 2nd August 2019
Why There’s Never Any ‘Good’ News
Ah, the first week of August…and the start of the very haziest month of the financial market’s summer. Yesterday the...
By Mike Williams | 29th July 2019
The Market’s “Read’em & Reap”
Let’s put the brakes on two current beliefs: That there’s a big rate cut coming, and There’s a clean fix...
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...
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