Author Archives: MN Gordon
How to Profit When the Oil Market Splits
When the Strait of Hormuz was first closed following the ill-advised military strikes on Iran by the United States and Israel at the end of February, it was all so obvious. Oil prices would skyrocket. Continue reading
Weights and Measures
Down here at the End of the World, as elsewhere, the rain falls on the just and the unjust alike. From our perch, in a quaint corner café here in Recoleta, we cannot easily tell one from the other… Continue reading
Why the Bond Market is Squeezing Fed Chair Warsh
Making sense of conflicting economic data can be tricky. Particularly when the data is fabricated by government bean counters. The task for the casual observer is to discern what is real and what is just statistical sleight of hand designed to obscure economic weakness. Continue reading
Why the Housing Affordability Crisis Could Last Another Decade
The U.S. housing market is currently stuck in a morass of rising mortgage rates, low sales, increasing inventory, and stubbornly elevated prices. If you’re a middle-class earner trying to buy your first home right now, a quick entry into a monthly payment calculator will deliver a heavy dose of disappointment. Continue reading
