Category Archives: MN Gordon
Why the Housing Affordability Crisis Could Last Another Decade
The U.S. housing market is currently stuck in a morass of rising mortgage rates, low sales, increasing inventory, and stubbornly elevated prices. If you’re a middle-class earner trying to buy your first home right now, a quick entry into a monthly payment calculator will deliver a heavy dose of disappointment. Continue reading
Why Sam Altman’s Wild Claims Are Empty Hype
Did you hear what Sam Altman – the ChatGPT geek – recently said? It sounded like something out of a science fiction movie. And it signals the AI hype machine has officially hit maximum velocity.
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Misogynist Monsoons
Every now and then, in moments of apparent weakness, when your correspondent’s well-honed cynicism is found wanting, we discover, in our quietude, a sympathetic fiber inclined toward the chattering class of the unpopular press. Continue reading
Adapting to Higher Yields
Jamie Dimon, CEO of JPMorgan Chase, recently said he wouldn’t buy long-term U.S. Treasuries. His rationale is simple, he “doesn’t understand the upside.” Continue reading
