Category Archives: MN Gordon
Good Riddance Lloyd Blankfein!
“God gave me my money.” – John D. Rockefeller One and the Same Today we step away from the economy and markets and endeavor down the path less traveled. For fun and for free, we wade out into a smelly … Continue reading
How to Blow $12.2 Billion in No Time Flat
One month ago we asked: What kind of stock market purge is this? Over the last 30 days the stock market’s offered plenty of fake responses. Yet we’re still waiting for a clear answer. The stock market, like the President, … Continue reading
Broken Promises
Consumer debt, corporate debt, and government debt are all going up. But that’s not all. Margin debt – debt that investors borrow against their portfolio to buy more stocks – has hit a record of $642.8 billion. What in the … Continue reading
Haunted by Ghosts of the Old Eastern Bloc
Jerome Powell, the new Chairman of the Federal Reserve, just completed his third week on the job. He’s hardly had enough time to learn how to operate the office coffee maker, let alone the all-in-one printer. He still doesn’t know … Continue reading
