Author Archives: MN Gordon
Ventures Into Sophism
Last week, while everyone was busy watching the stock market wildly convulse about, something noteworthy occurred. Oil prices eclipsed $100 per barrel. Moreover, oil prices are up about 5 percent so far this year. “Oil futures rallied on Friday, tacking … Continue reading
How to Retire a Decade Early
The stock market’s got ants in its pants. After crashing 326 point on Monday, the DOW jumped up 72 points on Tuesday. Then, on Wednesday, after dropping 100 points early on, the DOW finished the day about where it started. … Continue reading
Pray for Rain
Here in the Golden State everything’s brown. The hillsides are dry and the scrubland vegetation’s a giant tinderbox. Sierra snowpack is only 12 percent of normal…the lowest it’s ever been since California began keeping records in 1960. The wildfires don’t … Continue reading
The Downside of the Bubble Economy
Another signal that financial reflation has pumped up more than just the stock market flashed and beeped on Tuesday. The housing market, following an epic bust and years of extraordinary monetary measures, is once again expanding at a specious rate. … Continue reading
