Category Archives: MN Gordon
Where the Big Lessons will be Learned
Reading the headlines of this week’s data reports tells the story of a strong, robust economy. According to the Commerce Department announcement on Tuesday, single-family home “sales increased 2.1 percent to a seasonally adjusted annual rate of 476,000 units – … Continue reading
Notes from Cabo San Lucas
The native inhabitants of Cabo San Lucas, the Pericú, had a rough go of it in their twilight years. First they were overrun by Hernán Cortés and his Spanish Conquistadores in the 16th century. Then, two centuries later, Jesuit missionaries … Continue reading
Ingesting Rabbit for Supper
All of the sudden boring old government bonds have become real interesting. For over the last six weeks a remarkable new awareness has come over the credit market… If you can believe it, interest rates don’t always go down. In … Continue reading
Economic Subsistence
Several weeks ago DOW 16,000 was a foregone conclusion…it was practically guaranteed. Now the DOW’s wildly spiking and diving above and below 15,000. What gives? From what we gather, markets are anxious about what central bankers can and can’t do … Continue reading
