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 [...]
Energy Reality vs. Goldilocks Fantasy As HAI has described several times, the Fed is trapped. Inflation hasn’t given the monetary maestros credible [...]
A Period of Consequences This was a very volatile week on Wall Street as asset prices whipped around at breakneck pace. Ultimately, however, the [...]
Black Gold, Yellow Metal, and a Green Light In this week’s update of the University of Michigan Surveys of Consumers, survey director Joanne Hsu [...]
Making Sense of Mixed Signals This was a down week for most asset classes. Stocks, cap-ex commodity metals, precious metals, and Treasurys were all [...]
The Gift of Loved Ones This author is incredibly thankful for the opportunity to spend the current long weekend with loved ones. While markets are an [...]
Keep Your Eye on the Ball This week’s highlights feature both weak and weaker-than-expected economic data in the US and around the globe. Consumer [...]
On The Road Again Just like Willie Nelson, this week HAI is on the road again. Amid cross-country travel, this week’s commentary will be brief and [...]
Back In Time Last week, HAI detailed an alternative, lower odds “inflationary fire” scenario. Rather than break down, markets could potentially [...]
The Fitzgerald Test A recent HAI cited F. Scott Fitzgerald’s famous quote that, “The test of a first-rate intelligence is the ability to hold two [...]
Buyer Beware This author has been attending a natural resource conference all week and was traveling Friday. As a result, this week’s HAI will just [...]
The Fog of Mania For many months, HAI has been of the opinion that the current “goldilocks” environment is on borrowed time. Many market [...]
Transitory Goldilocks The National Bureau of Economic Research (NBER) is the research organization known for marking the official start and end dates [...]
Quality & Scarcity: Keys for Higher Gold During the brief, holiday-shortened week on Wall Street, economic data again came in stronger than [...]
Hope Amid Dangerous Times The pre-party was alive and well in financial markets this week as America looks forward to Independence Day celebrations. [...]