by Michael Ballanger of Streetwise Reports “‘Success consists of going from failure to failure without loss of enthusiasm.” – Sir Winston Churchill Throughout history, society has always canonized certain political, military, and religious icons for reasons seemingly obvious, but after drilling down …
by Michael Ballanger via Streetwise Reports After over 40 years in the world of money and markets, I have arrived at the conclusion that aging can be a double-edged sword where the advantages created by many years of experience are many times odiously …
by Michael Ballanger via Streetwise Reports The 2018-2019 bear market rally that we identified during the last week of 2018 via the 2019 Forecast Issue, entitled “2019: Mayhem, Misallocation and the Mockery of True Price Discovery,” is now on record as one of …
by Michael Ballanger via Streetwise Reports The Importance of Being Prudent (and Using Stop-Loss Orders) A few weeks ago, I published one of my more noteworthy missives entitled “The Time to Be Short (Again) Has Arrived,” in which I advanced the notion that …
by Michael Ballanger via Streetwise Reports As I watched Wednesday’s CPI (inflation) number reported by the Commerce Department, I was immediately reminded of that classic scene from legendary WWII flick “Casablanca,” where Claude Rains, playing police Captain Renault, shuts down Humphrey Bogart’s casino/nightclub …