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Category Archives: Politics
When Preparation Meets Opportunity
The annual company holiday party was held over the weekend at Clearman’s Steak ‘n Stein Inn. As President and Founder, we were compelled to offer some anecdotes. What follows is an extract of our irregular ramblings, including a major announcement… … Continue reading
Posted in MN Gordon, Politics
Tagged christmas, fail fast, holiday party, information publishing, lucius annaeus seneca
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Significant Yuan Devaluation Imminent
The Department of Commerce reported last week that U.S. gross domestic product grew at a 2.1 percent annual rate during the third quarter, not the 1.5 percent rate previously stated. Apparently, private inventory investment was greater than initially estimated. Nonetheless, … Continue reading
Is Janet Yellen a Jenny Ass?
Federal Reserve Chair Janet Yellen’s at the top of her game. She knows exactly what to do. She’s a PhD economist, after all. Her various affiliations with the Fed go back nearly 40 years. She knows what the correct Fed … Continue reading
Posted in MN Gordon, Politics
Tagged federal funds rate, janet yellen, jenny ass, monetary policy, zirp
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Constructive Simplicity for China’s Communist Party Plenum
The People’s Bank of China cut benchmark interest rates by 0.25 percent on Friday. This was the sixth time they’ve lowered interest rates within a year. Bank reserve requirements were also reduced by 0.5 percent. Economic growth has gradually declined … Continue reading