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Category Archives: Economy
Removing All Doubt
Oil prices jumped above $106 per barrel this week. What gives? The short answer: global supplies are tightening while consumption is increasing. “Energy economists continued to gauge how recent unrest in Libya, Bahrain, Yemen and Syria will affect exports from … Continue reading
Posted in Economy, MN Gordon
Tagged ben bernanke, federal reserve, gas prices, oil prices, war
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A Modest Alternative to Monkeying with Currency Markets
Late last week, while many were busy paying tribute to their Irish brethren with good cheer and libations, the Group of Seven (G-7) nations were busy monkeying around in foreign exchange markets with their first coordinated intervention in over 10 … Continue reading
Posted in Economy, MN Gordon
Tagged bank of japan, currency, federal reserve, foreign exchange, government action, government meddling, Nikkei 225
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A Monument to Ugliness
Here in the land of fruits and nuts we paid $3.89 for a gallon of the cheap stuff on Monday night. No doubt, gas prices will soon top $4 per gallon. No doubt, these gas prices bite. But not only … Continue reading
Posted in Economy, MN Gordon
Tagged federal reserve, gas prices, monetizing debt, QE2, QE3
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Coming Soon
Thank you for visiting our new website. We’ve been hard at it getting everything in place for the official launch…tentatively scheduled for March 1st. In the meantime, let us take a moment to tell you what to expect… A lot … Continue reading