Monthly Archives: June 2020

How the Bottom Up Bailout Will Impact the Future

The lockdown of the economy by government order is proving to be a blunder of epic proportions. Coronavirus is still on the loose. Yet, as a result of the lockdown, the economy’s been destroyed. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 18 Comments

America’s Guaranteed Living Hell

One of the consequences of expansionary monetary intervention is that it distorts the relationship between financial markets and the underlying economy. Stimulus with the supposed intent of juicing the economy has the effect of juicing financial markets. Sometimes – like now – these inflationary policies have the effect of completely disconnecting the stock market from the economy. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 3 Comments

Should You Buy the Dip?

Something remarkable happened yesterday [Thursday]. Stocks didn’t go up. They went down…and they went down a lot. The S&P 500 dumped 5.89 percent. But that was nothing. Gannett Co. crashed 29.5 percent, Noble Corporation plunged 25.51 percent, and Denbury Resources dropped 23.65 percent. Should you buy the dip? Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | 11 Comments

Pandemic, Economic Collapse, Full Societal Breakdown

The recline and flail of western civilization beats on. Pandemic, economic collapse, full societal breakdown. The sequence grooves from one to the next with the symbiotic disharmony of a minor pentatonic scale. Continue reading

Posted in MN Gordon, Politics | Tagged , , , , | 22 Comments