Michael’s CIO (Check It Out) Report on the week just past — events, sarcasm, and global macro reflections — March 28, 2022 — THEME: April Fools’ edition — Time travel, caffeine, Zootopia, yippee-ki-yay, AI, Loki, and the new tPhone UKRAINE/RUSSIA Time travel achieved! Stunning scientists worldwide, President Putin has achieved the dream of time travel not just for himself, but for an entire nation, taking Russia back 30 to…

Michael’s CIO (Check-It-Out) Report on the week just past — events, sarcasm, and global macro reflections — August 1, 2022 — THEME: CHiPs, rece??ion — I want my MeTaVerse GL🌍BAL Tug of War: The U.S. Federal Reserve and the European Central Bank are in a tug of war! Not with each other, but with inflation. They want to raise interest rates to some “neutral” rate that curtails inflation but doesn’t pull their respective economies into recession…

Mega Millions — July 28, 2022 — What to do if you win the lottery? Running Point and its chief investment officer, Michael Ashley Schulman, CFA, were quoted by Insurance NewsNet in an article — by Doug Bailey, “Financial advisors weigh in: What to do if you win the $1 billion lottery” — regarding what you should do first if you…

July 27, 2022 — Why is the prime lending rate moving up? Running Point and I were quoted by Reuters in an article — by Mehnaz Yasmin, “Wall Street banks raise prime lending rate after Fed’s sharp hike” — regarding Wall Street banks JPMorgan Chase, Citigroup, and Wells Fargo raising their prime lending rates by 3/4% to 5.5%. …

Michael’s CIO (Check-It-Out) Report on the week just past — events, sarcasm, and global macro reflections — July 25, 2022 — THEME: Heat🌶 GL🌍BAL Summer Fire Heat Drought Global Warming — you get the picture — Heat waves across Europe, Japan, China, and U.S. have led to fires, droughts, dead fish, ruined crops, heat related deaths, and stress on fragile power grids-England reached record temperatures above 104F (40C) that melted…

July 22, 2022 — Is consumer spending trending up or down? Running Point and its chief investment officer, Michael Ashley Schulman, CFA, were quoted by Reuters in an article — by Mehnaz Yasmin and Manya Saini, “AmEx raises revenue forecast on resilient card spending” — regarding today’s American Express earnings forecast and resilient consumer spending. The article…

Michael’s CIO (Check-It-Out) Report on the week just past — events, sarcasm, and global macro reflections — July 18, 2022 — GL🌍BAL 99 problems but the euro ain’t one: The euro bumped below parity with the U.S. dollar last week. A year ago, a €5 meal cost $6; now it is only $5; but vacationing abroad won’t feel much cheaper because of high airline tickets and inflation…

July 12, 2022 — Michael Ashley Schulman, CFA — I was quoted by Medscape, so in a break from my usual CIO (Check-It-Out) Reports, here is that medical news article and positive PR🙂 Is there a doctor in the house? Running Point and I were quoted July 12, 2022 in…

Michael’s CIO (Check-It-Out) Report on the week just past — events, sarcasm, and global macro reflections — July 11, 2022 — THEME: Abandonment, Love and Thunder GL🌍BAL BooJo: Boris Johnson (nickname BoJo) has been booed out of office and resigned as the UK’s prime minister. BoJo was brought down by: His party’s chief whip, appropriately named Chris Pincher, who has a record of groping; Another Conservative party…