Great Expectations & What Isn’t Priced In? The major market event this week was still the same major market event of last week. In this week’s light [...]

An Interesting Situation This week was an interesting one. After Wednesday’s FOMC meeting, it’s now fairly clear that Fed chair Powell’s Volker [...]

Patience, Curveballs, and Golden Gifts Many moons ago, Ben Franklin famously said that in this world nothing is certain “except death and taxes.” Perhaps [...]

Out of the Gate and Ready to Run HAI’s working thesis is that global financial markets are in the late stages of a massive confidence bubble. Amid the [...]

Happy Thanksgiving Weekend! This week HAI is just prices. This author wishes all of you the happiest of happy Thanksgivings! See you next week! Weekly [...]

Confidence Bubbles and Pipe Dreams This week, the stock market boomed. The number one instigator for the bullish surge in equity prices was a [...]

All the King’s Men This week was nothing short of a bloodbath for the hard asset trade, and, to some degree, a continuation of the sheer bliss that began [...]

Writing on the Wall? This week, HAI is coming to you from the Big Easy on the banks of the mighty Mississippi. This author is attending the New Orleans [...]

Confidence Sand Piles and Omnipotent Feelings With the MWM “Hard Asset Difference” event on Thursday and weekend travel obligations, this week’s HAI is [...]

Playing by the Old Rules Merrill Lynch legend Bob Farrell famously said, “In a shift of secular or long-term significance, the markets will be adapting to a [...]

A Match to the Powder Keg Friday the 13th rarely lives up to its frightful hype, but this Friday’s iteration of the infamous day actually delivered. The [...]

Thanks to All Clients! Due to the 2023 MWM client conference on Friday, this week’s HAI will just be prices. MWM deeply appreciates all our clients and [...]