Author Archives: MN Gordon

Will Iran Kill the Petrodollar?

Will Iran Kill the Petrodollar? By Marin Katusa, Casey Research The official line from the United States and the European Union is that Tehran must be punished for continuing its efforts to develop a nuclear weapon.  The punishment: sanctions on … Continue reading →

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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 →

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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 →

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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 →

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