Category Archives: MN Gordon
How to Enjoy the Magic of Rising Stock Prices
Let’s begin with the understanding that something delightful is taking place in the stock market. The S&P 500’s up 22.33 percent year to date. What’s more, the S&P 500 just hit a new nominal high of 1,745. Can you believe … Continue reading
The New Era of Fed Activism
The basic characteristic of an overextended government is that its institutions are rotten. Take the U.S. Post Office, for instance. It lost $15.9 billion in 2012. That’s over $43.5 million per day – flushed down the toilet – for an … Continue reading
Janet Yellen’s Bad Idea
Yesterday something quite remarkable happened. House Republicans and President Obama talked. We don’t know what it was they talked about. But, perhaps, it had something to do with raising the debt ceiling. Wall Street was elated. The DOW and the … Continue reading
How American Government’s Supposed to Work
It appears things are finally reversing course. After years of expanding, the bull market in government may have finally hit an inflection point. This is great news. For a reduction in the size of government compared to the overall economy … Continue reading
