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Category Archives: Economy
Trump Tariffs Gone Wild
The U.S. stock market’s recent zigs and zags have triggered considerable excitement. Wall Street pros, private money managers, and Millennial index fund enthusiasts have all been whipsawed by the market’s swift up and down movements. No one can seem to stay ahead of President Trump’s ‘make it up as you go’ tariff games. Continue reading
Posted in Economy, MN Gordon
Tagged collapse, flexitarian, government meddling, henry hazlitt, trade tariffs
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Truth Shall Prevail
Year-to-date the S&P 500 is down 5.9 percent. Over this same time, the NASDAQ is down over 10 percent. Should you buy the dip? Should you sell the bounce? Continue reading
Posted in Economy, MN Gordon
Tagged gold, recession, stagflation, trade tariffs, trade war
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Social Insecurity and the Fate of All Ponzi Schemes
Elon Musk – the richest man in the world – is doing a fine job shaking up Washington’s political establishment. He recently took to the Joe Rogan podcast where he said, “Social Security is the biggest Ponzi scheme of all time.” Continue reading
Posted in Economy, MN Gordon
Tagged central planning, charles ponzi, elon musk, government meddling, social security
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The Choice
Sometimes things must get worse before they get better. Reducing deficit spending and eliminating government waste, for example, will initially have a negative impact on GDP and employment. Though, this is exactly what is needed to restore America’s economic health. Continue reading