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Monthly Archives: March 2013
What’s Really Propelling the Stock Market Higher
Consumers are back at it…doing what they do best. They’re buying stuff and they’re consuming it. Moreover, they’re doing so at an accelerating rate. The Commerce Department reported on Wednesday that retail sales increased 1.1 percent in February, the largest … Continue reading
Posted in MN Gordon, Stock Market
Tagged bubble, consumer debt, consumer spending, DOW, GDP, margin debt
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Who’s Living Large in Retirement?
Who’s Living Large in Retirement? By Dennis Miller, Editor, Money Forever Who fares better in retirement, pensioners or folks who saved up their own respective nest eggs? If you look at the numbers, you might be surprised to learn who’s … Continue reading
Posted in Dennis Miller, Stock Market
Tagged 401K, consumer price index, dollar, retirement, S&P500, treasuries
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On the Good and Proper Way to Celebrate the New Bull Market
Something magical happened Tuesday. The Dow Jones Industrial average closed at a new all-time high of 14,253…eclipsing its previous closing high of 14,164 set nearly five and a half years ago. What a feat. Wall Street cheered. Jim Cramer pumped … Continue reading
Posted in MN Gordon, Stock Market
Tagged bubble, bull market, DOW, hugo chavez, reward, risk
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Dead Wrong
New evidence was revealed last week further confirming that not only is President Obama a doomsayer…he’s a liar too. The first of the President’s deceits was amusing hyperbole. The second was pure humbug. Still, they were nothing compared to some … Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, consumer price index, federal reserve, food prices, gold, oil prices
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