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Category Archives: Economy
Slip Back Economics
What’s this? Has the U.S. consumer, the primary engine of economic growth, become ambivalent? This is what the latest data says… According to the Thomas Reuters/University of Michigan’s early July index reading, consumer sentiment is 81.3. This is below the … Continue reading
Posted in Economy, MN Gordon
Tagged consumer sentiment, GDP, jobs, john maynard keynes, QE3
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Wealth Consumption
There aren’t many professions out there where there are no readily applied and real-time performance standards. In fact, in the corporate world today, there’s a fanatic fixation on tying numerous metrics to performance. You name it… If it’s measurable, verifiable, … Continue reading
Posted in Economy, MN Gordon
Tagged consumer price index, government meddling, interest rate, janet yellen, treasuries
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The Trifecta of Depravity
You don’t have to look very far these days to see economic disparity, divergence, and contrary counterparts. The rich have never had it so good. A rising stock market, rising home values, and record corporate profits have the top 10 … Continue reading
Posted in Economy, MN Gordon
Tagged federal reserve, government meddling, inequality, john maynard keynes, paul krugman, thomas piketty
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Economic Blasphemy
Last week the Bureau of Economic Analysis made a revision. You may have heard about it. According to the government statisticians, first quarter GDP didn’t decline at an annual rate of 0.1 percent as previously estimated. Actually, when they re-counted … Continue reading