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Category Archives: MN Gordon
Facing Up to the Wreckage from the Past
January, named for the Roman god Janus, protector of gates and doorways, is depicted with two faces. One looking into the past. The other into the future. Continue reading
Posted in Government Debt, MN Gordon
Tagged central planning, chuck schumer, congress, government meddling, stopgap bill
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How to Outperform the Stock Market in 2024
Following the federal open market committee (FOMC) meeting on December 12 and 13, 2023, the Federal Reserve announced it would be holding the federal funds rate within a range of 5.25 to 5.5 percent. The Fed, by way of its dot plot, also signaled there would be three 25-basis point rate cuts in 2024. Continue reading
Posted in MN Gordon, Stock Market
Tagged ben bernanke, dollar, federal reserve, jerome powell, S&P500
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How Bankers are Exploiting the Fed’s BTFP at Your Expense
American bank depositors sincerely trust the Federal Deposit Insurance Corporation (FDIC). They are as certain as the sky is blue, that the FDIC will protect the money in their bank accounts. Thus, they do not withdraw dollars from their accounts in a banking crisis. Continue reading
Posted in Inflation, MN Gordon
Tagged bank crisis, bank term funding program, btfp, federal reserve, interest rate, rate-arbitrage subsidy
11 Comments
California Circles the Toilet Bowl
California, without question, is a great state to be from. We lived there for nearly 45 years. We made our California exodus in July 2022. No regrets. Continue reading
Posted in Economy, MN Gordon
Tagged california, california exodus, ebony alert, transgender history month
22 Comments