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Category Archives: Stock Market
The Great Stock Market Swindle
Finding and filling gaps in the market is one avenue for entrepreneurial success. Obviously, the first to tap into an unmet consumer demand can unlock massive profits. But unless there’s some comparative advantage, competition will quickly commoditize the market and … Continue reading
Posted in MN Gordon, Stock Market
Tagged charles kindleberger, hampton creek inc, josh tetrick, S&P500, speculation, swindle
1 Comment
Visions of Tomorrow from the Permanently High Plateau
Somewhere, someone first said “bull markets don’t die of old age.” We suppose this throwaway phrase was first uttered in a time and place much like today. That is, in the midst of a protracted bull market where stock prices … Continue reading
Posted in MN Gordon, Stock Market
Tagged collapse, crash of 1929, irving fisher, pe ratio, S&P500
2 Comments
More Signs the End is Nigh
“What has been will be again, what has been done will be done again; there is nothing new under the sun,” explained Solomon in Ecclesiastes, nearly 3,000 years ago. Perhaps the advent of negative yielding debt would have been cause … Continue reading
Posted in MN Gordon, Stock Market
Tagged currency, DOW, mania, monetizing debt, negative interest rates
9 Comments
Destination Mars
One of the more preposterous deeds of modern central banking involves creating digital monetary credits from nothing and then using the faux money to purchase stocks. If you’re unfamiliar with this erudite form of monetary policy this may sound rather … Continue reading
Posted in MN Gordon, Stock Market
Tagged bank of japan, collapse, european central bank, monetizing debt, S&P500, wealth effect
12 Comments