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Monthly Archives: May 2013
To The Class of 2013
Today we depart from our usual cogitations to offer some remarks to the Class of 2013. Though no trade school or remedial academy invited us to deliver this year’s commencement address, we won’t let that get in the way. What … Continue reading
Posted in Economy, MN Gordon
Tagged Class of 2013, education, jobs, real world, university
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Reaching for Yield
Reaching for Yield By Dennis Miller, Editor, Money Forever With the Fed buying $85 billion in government debt every month, effectively holding interest rates far below the rate of inflation, many seniors are struggling to make ends meet. It is … Continue reading
Posted in Dennis Miller, Stock Market
Tagged 401K, consumer price index, DOW, federal reserve, retirement, S&P500, saving
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Coming Uncorked
On Tuesday something incredible happened. The Dow closed above 15,000 for the first time ever. What a joy to be alive and bear witness to the great miracle of our time. Whereas just 100 years ago the new marvels were … Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, business cycle, DOW, european central bank, federal reserve, treasuries
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Another All Time High
The Labor Department reported last Friday that 165,000 new jobs were added to the economy in April. That’s nothing to write home about, you’d think. But, nevertheless, the mainstream press got excited because it was ‘better than expected.’ On top … Continue reading
Posted in MN Gordon, Stock Market
Tagged ben bernanke, bubble, business cycle, DOW, federal reserve, jobs, labor department
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