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Category Archives: MN Gordon
Will You Play It Fast And Loose?
At the point of maximum fear, when the sky is falling, the world is ending, and shares of Bank of America trade below $8, what will you do? Will you play it safe? Or will you play it fast and loose? Continue reading
Posted in MN Gordon, Stock Market
Tagged bank crisis, deflation, fast and loose, inflation, quantitative tightening
25 Comments
Occupy Wall Street Redux
Borrowing short and lending long works mostly well most of the time. This is how modern banking works. You may be a customer at a bank. But you also supply the product. Continue reading
Posted in MN Gordon, Politics
Tagged 2008 financial crisis, bank bailout, credit-anstalt, occupy wall street, silicon valley bank
26 Comments
What Comes After the Great Liquidation
Expectations were great. When 2023 started, there was a general sense that the stock and bond markets had turned over a new leaf. A repeat of 2022 was out of the question. Continue reading
Posted in Economy, MN Gordon
Tagged federal reserve, interest rate, jerome powell, saving, treasuries
24 Comments
Cross Road Blues in the Time of Biden
When Robert Johnson fell to his knees at the crossroad and asked the Lord for mercy and salvation he’d already made his deal with the Devil. In exchange for his soul, Johnson could sing and play the soulful sweet-sounding blues that made him famous. Continue reading
Posted in MN Gordon, Politics
Tagged cross road blues, deal with the devil, federal reserve, joe biden, robert johnson, woodrow wilson
5 Comments