Tag Archives: DOW

Riding the Type 3 Mega Market Melt Up Train

The decade long bull market run, aside from making everyone ridiculously rich, has opened up a new array of competencies. The proliferation of ETFs, for instance, has precipitated a heyday for the ETF Analyst. So, too, blind faith in data has prompted the rise of Psychic Quants…who see the future by modeling the past. Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | 2 Comments

Fed Chair Powell’s Plan to Pickle the Economy

Once a cucumber becomes a pickle it can never be a cucumber again. Indeed, financial markets have been pickled over to no end. What’s more, Fed Chair Powell’s efforts to unpickle QE were met with howls from the President, Wall Street, and Larry Kudlow. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 11 Comments

How Faux Capitalism Works in America

The 2008 financial crisis helped clarify how faux capitalism works in America. That when the big corporations and the big banks get in trouble, the people on top quickly absolve culpability while appropriating public funds from their friends at the Treasury for the purpose of private bailouts. This, in effect, socializes the losses across bottom rungs of society and concentrates profits across the top. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 3 Comments

Thirteen Reckonings Hanging in the Balance

The NASDAQ slipped below 8,000 this week.  But you can table your reservations.  The record bull market in U.S. stocks is still on. With a little imagination, and the assistance of crude chart projections, DOW 40,000 could be eclipsed by … Continue reading

Posted in Economy, MN Gordon | Tagged , , , , , | 1 Comment