Tag Archives: business cycle

Operation Break Stuff

Stagflation, sinking labor productivity, severe levels of public and private debt, a splintered real estate market… You name it. The economy’s crashing and burning like an old Cutlass Supreme. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 26 Comments

Facing Down a Wrath of Biblical Proportions

An enterprising entrepreneur did a comedic graphic of Federal Reserve Chairman Jerome Powell captioned: “IN JPOW WE TRUST.” You may have seen it. The image shows Powell flamboyantly wearing a preacher’s robe and making an esoteric hand gesture with his right hand. His face is grimacing like he’s passing a kidney stone. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 30 Comments

Should You Buy the Dip?

Something remarkable happened yesterday [Thursday]. Stocks didn’t go up. They went down…and they went down a lot. The S&P 500 dumped 5.89 percent. But that was nothing. Gannett Co. crashed 29.5 percent, Noble Corporation plunged 25.51 percent, and Denbury Resources dropped 23.65 percent. Should you buy the dip? Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | 11 Comments

Getting to a Special State of Ugly

The world, circa 2019, is a fabricated reality. Debt, piled upon debt, piled upon debt, ad infinitum, has erected a financial order that’s at perilous odds with the underlying economy. Central bankers attempt to manipulate fake money and fake foreign exchange rates to keep the debt pile from cascading down. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 18 Comments