Author Archives: MN Gordon
The Stock Market, Explained
Despite an abundance of risk, the stock market continues to climb a wall of worry. Obviously, with the European debt crisis, China’s economic slowdown, and posturing from Iran, the stock market’s rise defies all logic. With all the known hazards … Continue reading
Heating the Stove with Furniture
Several important economic data points from last month were revealed this week. Industrial production and the producer price index were reported on Wednesday. Then, yesterday, the consumer price index was reported. Here are the particulars… According to the Federal Reserve, … Continue reading
The Money Must Go Somewhere
In Friday’s issue of the Economic Prism we suggested that, despite all the financial uncertainty going on, the U.S. economy is strengthening. By the response we received, this optimism astonished many of our readers. Naturally, we thought that would be … Continue reading
Seeing the First Glimpse of Dawn
Here we are, just two weeks into the New Year, and things are looking up. So far on the year, the S&P 500’s up 2.9 percent, the Nasdaq’s up 2.5 percent, and gold’s up 3.1 percent. Even silver, if you … Continue reading
