Category Archives: MN Gordon
How to Prepare for Another Market Face Pounding
“Markets make opinions,” goes the old Wall Street adage. Indeed, this sounds like a nifty thing to say. But what does it really mean? Perhaps this means that after a long period of rising stocks prices otherwise intelligent people conceive … Continue reading
Yanking the Bank of Japan’s Chain
Based on the simple reflection that arithmetic is more than just an abstraction, we offer a modest observation. The social safety nets of industrialized economies, including the United States, have frayed at the edges. Soon the safety net’s fabric will … Continue reading
Views from a Top of the Skyscraper Index
On a warm Friday Los Angeles morning in spring of 2016, we found ourselves standing at the busy corner of Wilshire Boulevard and South Figueroa Street. We were walking back to our office following a client wire brushing for events … Continue reading
Congress’s Radical Plan to End Illegal Money
One of the many downfalls of being the United States Secretary of the Treasury is the requirement to place one’s autograph on the face of the Federal Reserve’s legal tender notes. There, on public display, is an overt record of … Continue reading
