Category Archives: MN Gordon
Is Janet Yellen a Jenny Ass?
Federal Reserve Chair Janet Yellen’s at the top of her game. She knows exactly what to do. She’s a PhD economist, after all. Her various affiliations with the Fed go back nearly 40 years. She knows what the correct Fed … Continue reading
Before the Devil Knows You’re Dead
Something rather strange is going on. Ten year Treasury yields and gold are simultaneously envisaging inflation and deflation. Yields on the ten year Treasury note have jumped from 1.98 percent to 2.34 percent during the last 30 days. Gold’s price, … Continue reading
Garbage In Garbage Out Economics
“On two occasions I have been asked, “Pray, Mr. Babbage, if you put into the machine the wrong figures, will the right answers come out? …I am not able rightly to apprehend the kind of confusion of ideas that could … Continue reading
The Exhilarating Romp to DOW 30,000
The stock market appears to have resumed its upward trajectory. The S&P 500’s back above its 200 day moving average. In fact, the S&P 500’s less than 50 points from its all-time high of about 2,131. Soon the brief panic … Continue reading
