Category Archives: MN Gordon
Financial Graffiti
The financial reckoning continues to move towards its end. The U.S. national debt has officially broken $40 trillion. This number is so massive it’s hard to comprehend. For example, if Washington paid down $1 billion of debt every single day, it would take nearly 110 years to settle the tab. Continue reading
How to Profit When the Oil Market Splits
When the Strait of Hormuz was first closed following the ill-advised military strikes on Iran by the United States and Israel at the end of February, it was all so obvious. Oil prices would skyrocket. Continue reading
Weights and Measures
Down here at the End of the World, as elsewhere, the rain falls on the just and the unjust alike. From our perch, in a quaint corner café here in Recoleta, we cannot easily tell one from the other… Continue reading
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
