Category Archives: MN Gordon
What Fed Chair Powell Forgot to Mention
What are the chances of Federal Reserve Chairman Jerome Powell being wrong? The chances he’ll be wrong on the economy’s growth prospects, the direction of the federal funds rate, and inflation itself? Our guess is his chances of being wrong … Continue reading
Good Riddance Lloyd Blankfein!
“God gave me my money.” – John D. Rockefeller One and the Same Today we step away from the economy and markets and endeavor down the path less traveled. For fun and for free, we wade out into a smelly … Continue reading
How to Blow $12.2 Billion in No Time Flat
One month ago we asked: What kind of stock market purge is this? Over the last 30 days the stock market’s offered plenty of fake responses. Yet we’re still waiting for a clear answer. The stock market, like the President, … Continue reading
Broken Promises
Consumer debt, corporate debt, and government debt are all going up. But that’s not all. Margin debt – debt that investors borrow against their portfolio to buy more stocks – has hit a record of $642.8 billion. What in the … Continue reading
