Category Archives: MN Gordon
Why the Bond Market is Squeezing Fed Chair Warsh
Making sense of conflicting economic data can be tricky. Particularly when the data is fabricated by government bean counters. The task for the casual observer is to discern what is real and what is just statistical sleight of hand designed to obscure economic weakness. Continue reading
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
