Monthly Archives: December 2015

The Fed’s Stars Never Aligned

Posted on December 15, 2015 by MN Gordon

On Wednesday, following the two day Federal Open Market Committee meeting, Fed Chair Janet Yellen will likely announce that the Fed will do something they haven’t done in nearly a decade.  They will raise the federal funds rate. Obviously, a … Continue reading →

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Fighting the Suck in China

Posted on December 11, 2015 by MN Gordon

Old records are being broken.  New records are being notched.  On Monday, for example, the People’s Bank of China reported a record liquidation of foreign exchange reserves occurred in November. Specifically, China’s foreign exchange reserves declined $87.22 billion in November … Continue reading →

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Money Velocity Lethargy

Posted on December 8, 2015 by MN Gordon

Logic, common sense, and rational deduction are useful means for comprehending the world.  But they are merely tools.  The user will always be limited by the quality and quantity of the information available and their ability to properly interpret it. … Continue reading →

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Joe Sixpack’s Painful Plight

Posted on December 4, 2015 by MN Gordon

This week brought forward new evidence that the economy’s slipping and sliding backwards.  On Tuesday, for example, the Institute for Supply Management reported a 48.6 Purchasing Manager’s Index reading for November.  A PMI reading below 50 means manufacturing activity is … Continue reading →

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