Author Archives: MN Gordon

No Quick Fix for Structural Reforms

Posted on September 23, 2014 by MN Gordon

Finance ministers and central bankers from the Group of 20 leading nations met in Cairns Australia over the weekend.  The clever fellows believe, with the right balance of fiscal and monetary policies, they can improve the global economy.  This, of … Continue reading →

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Worshiping Utterances

Posted on September 19, 2014 by MN Gordon

The world around us is a strange and wacky place.  Even so, it becomes ever stranger and wackier by the day.  Just when we think we’ve seen it all…something new appears and creeps us out. For instance, have you seen … Continue reading →

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Why We Are All Doomed

Posted on September 16, 2014 by MN Gordon

Second quarter GDP, as reported in by the Bureau of Economic Analysis on August 28, grew at an annualized rate of 4.2 percent.  This follows up a 2.1 percent decline in the first quarter.  Just what is it that turned … Continue reading →

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Holding the Permanently High Plateau

Posted on September 12, 2014 by MN Gordon

“Stock prices have reached what looks like a permanently high plateau,” said Ph.D. economist, Irving Fisher, on October 17, 1929.  “I do not feel there will be soon if ever a 50 or 60 point break from present levels, such … Continue reading →

Posted in MN Gordon, Stock Market | Tagged , , , , , , | 1 Comment