Author Archives: MN Gordon
The Ghost of Harry Bridges
Dockworkers on the East and Gulf Coasts went on strike on Tuesday. This marked the first major work stoppage by the International Longshoremen’s Association (ILA) since 1977. It will halt about half the nation’s ocean shipping imports and affects 36 ports from Maine to Texas. Continue reading
China is Winning the EV War
Jim Farley, chief executive of Ford Motor Company, knew it was bad before he boarded his return flight to Michigan. His fact-finding mission to China in May had revealed the cold hard truth. Continue reading
Let the Games Begin!
Monetary policy took center stage this week. On Tuesday and Wednesday, the Federal Open Market Committee (FOMC) huddled up, licked their collective index finger, held it up to the wind, and then commanded how they would intervene in credit markets. Continue reading
What Would Hugo Do?
Fed rate cuts are coming. If you believe this will levitate your stock portfolio, you are in for a big disappointment. The forthcoming collapse on Wall Street can be seen a country mile away. But only by those with their eyes open. Continue reading
