Tag Archives: DOW
Redistributing Wealth to the Rich
The world’s more unbelievable and fantastical than anything we could imagine. Look around. Astounding things are taking place each and every day. For instance, earlier this week China’s richest man, Wang Jianlin, paid $28.2 million for Pablo Picasso’s painting of … Continue reading
Secrets of the September Swoon
Federal workers, and many other fine folks, celebrated Labor Day yesterday by partaking in lethargy. Here at the Economic Prism we did nothing of the sort. Rather, we continued our labors for fun and for free…and always on your behalf. … Continue reading
Market Forces and Market Intervention
Stocks sprinted higher on Tuesday, releasing the pent up demand that developed over the long weekend. The Dow rose 106 points. According to several headlines we read, Dow stocks were boosted by strong housing and consumer confidence reports. Then, on … Continue reading
Bernanke’s Monetary Philosophy, Explained
The days continue to get longer. The nights continue to get shorter. This tells us a unique opportunity is in front of us… It’s time to make hay while the sun still shines. As for the stock market, the sun … Continue reading
