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

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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

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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

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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

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