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Monthly Archives: May 2014
The Successor to Keynes
The Successor to Keynes By Jeff Thomas, International Man Europe is abuzz with Capital in the Twenty-First Century by French economist Thomas Piketty, released in Europe in March of this year and now a best-seller. It has since crossed the Atlantic and … Continue reading
When the Stock Market Bubble will Burst
U.S. markets were closed yesterday in observance of Memorial Day. But, nonetheless, we peered through our Economic Prism for hints and clues of what’s to come. There are no bones about it. We believe the bull market’s end is nigh. … Continue reading
Posted in MN Gordon, Stock Market
Tagged bubble, bull market, new york stock exchange, risk, S&P 500, stock valuations
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Scientific Management of the Economy is Absurd
A Fed insider shattered the glass and pulled the fire alarm this week. “A strengthening U.S. economy may force the central bank to hike rates ‘sooner rather than later’ to stay ahead of inflation,” Philadelphia Federal Reserve President Charles Plosser … Continue reading
Posted in Inflation, MN Gordon
Tagged charles plosser, federal reserve, funny money, janet yellen, QE, zero interest rate policy
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To The Class of 2014
Commencement season is here. Though no trade school or remedial academy invited us to address their graduates, we won’t let that get in the way. What follows, free of charge, are several observations, opinions, and suggestions, we’ve prepared for this … Continue reading
Posted in Inflation, MN Gordon
Tagged class of 2014, failure, school of hard knocks, success, thomas edison
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