Author Archives: MN Gordon
Fighting the Next War
The unemployment rate remains stubbornly high. But other than that, the economy seems to be pleasantly improving. Sure the dark clouds on the horizon from Cyprus could take some of the wind out of the stock market’s sails. Nonetheless, the … Continue reading
Dark Clouds on the Horizon
Wow! Just when we thought we’d seen it all, something fantastic happened. What a delightful treat… The tiny island nation of Cyprus has the whole European continent welcoming spring with the frosted hearts of a December blizzard. For a brief … Continue reading
On Price Distortions and Landmines
Former Federal Reserve Chairman Alan Greenspan told CNBC on Friday that the Dow’s new highs and 10-day run were not the result of “irrational exuberance.” On cue, the Dow took a 25 point nose dive…closing out the day with its … Continue reading
What’s Really Propelling the Stock Market Higher
Consumers are back at it…doing what they do best. They’re buying stuff and they’re consuming it. Moreover, they’re doing so at an accelerating rate. The Commerce Department reported on Wednesday that retail sales increased 1.1 percent in February, the largest … Continue reading
