Category Archives: MN Gordon
The Greatest Fraud of All
“As always, the Federal Reserve remains prepared to take action as needed to protect the U.S. financial system and economy in the event that financial stresses escalate,” said Federal Reserve Chairman Ben Bernanke to Congress last Thursday. The stock market … Continue reading
Stimulus and Spasmodic Economics
Nerves are fried. Hands are shaky. Triggers fingers are happy. “Market’s need stimulus now!” screams the crowd. These days, it doesn’t take much selling to growl up a thunderous roar for help. The DOW’s fallen 1,258 from its May 1 … Continue reading
There’s A Great Storm Coming
Investors were in good spirits after the long Memorial Day weekend. Rested and refreshed, they showed up Tuesday and bought stocks. The DOW jumped 125 points for the day. By Wednesday, however, they remembered there’s an imminent crisis emanating out … Continue reading
The Greatest Show On Earth
Things are getting interesting. Last week, for instance, markets offered up both a rich comedy and tragedy above any story a Hollywood screenwriter could imagine. The comedy, of course, was the Facebook IPO flop. The tragedy, fittingly, was courtesy of … Continue reading
