Author Archives: MN Gordon
Lower Gas Prices and the New Global Recession
How about these gas prices? They’re incredible. A recent AAA fuel gauge report marked the national average for a gallon of regular gas at just $2.03. That’s down 38 percent from $3.28 a year ago. At current prices it’s estimated … Continue reading
Chasing the Wild Goose
Occurrences of rich irony are to be savored like fine wine. Each sip makes one feel smarter, younger, and wealthier too. So, too, they should not be wasted…lest they turn to vinegar. Today we pause a moment for appreciation. A … Continue reading
Treasury Bubble Redux
Last week, while everyone was busy gawping at the stock market’s wild swings and oil’s epic fall from grace, we set our sights on the 10 Year Treasury note. On Thursday and Friday the yield touched down at 1.75 percent. … Continue reading
Oil Demand Deduction
According to Saudi Prince Alwaleed bin Talal, we’ll never see $100 per barrel oil again. That, in our book, is a pretty long time. Nonetheless, Prince Alwaleed’s sure of it… “If supply stays where it is, and demand remains weak, … Continue reading
