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Tag Archives: collapse
Musical Chairs Investing
Markets were closed yesterday in observance of Labor Day. But here at the Economic Prism we labored on. There’s always something to contemplate. Where to begin? One place, obviously, is this crazy stock market. Day after day, week after week, … Continue reading
Posted in MN Gordon, Stock Market
Tagged bubble, collapse, DOW, S&P500, september swoon
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Whirlwind Economics
Things may be looking up for the unemployed working stiff. After years of competing for scarce jobs with stagnant wages something extraordinary may be happening. If you can believe it, opportunity has finally come for the unemployed. According to the … Continue reading
Posted in Inflation, MN Gordon
Tagged collapse, currency, debt, jobs, labor department, treasuries, unemployed
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This Bull Market is Cooked
Several cracks in what was thought to be a granite foundation supporting the stock market were revealed last week. The S&P 500 fell 2.67 percent between weeks open and close. For the month of July, the S&P 500 finished down … Continue reading
Posted in MN Gordon, Stock Market
Tagged bear market, bull market, collapse, crash, S&P500
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An Absolute Disaster?
Last Thursday the DOW surpassed 17,000 for the first time ever. What a marvelous achievement. The combined forces of mass money creation and speculative fervor have bid up the market to levels a person of sound mind and honest intentions … Continue reading
Posted in Government Debt, MN Gordon
Tagged austerity, collapse, congress, currency, debt
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