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Tag Archives: DOW
Do You Have the Conviction to Get Rich?
The May edition of National Geographic magazine has the cover story headline, “This Baby Will Live to Be 120*.” Pictured below the headline is an adorable baby. The asterisk’s footnote to the right reads, “It’s not just hype. New science … Continue reading
Posted in MN Gordon, Stock Market
Tagged DOW, exxon, life expectancy, philip morris, retirement
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Get On the Road to Riches Today
It was bound to happen. Yesterday’s selloff, that is. Gold most notably laid a gigantic egg – in addition to the one it laid Friday – falling below $1,330. The stock market took one look at the bullion market and … Continue reading
Posted in MN Gordon, Stock Market
Tagged commerce department, dividends, DOW, gold, S&P500, yield
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On Price Distortions and Landmines
Former Federal Reserve Chairman Alan Greenspan told CNBC on Friday that the Dow’s new highs and 10-day run were not the result of “irrational exuberance.” On cue, the Dow took a 25 point nose dive…closing out the day with its … Continue reading
Posted in MN Gordon, Stock Market
Tagged alan greenspan, ben bernanke, bubble, DOW, federal reserve, government meddling, interest rate, price distortions
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What’s Really Propelling the Stock Market Higher
Consumers are back at it…doing what they do best. They’re buying stuff and they’re consuming it. Moreover, they’re doing so at an accelerating rate. The Commerce Department reported on Wednesday that retail sales increased 1.1 percent in February, the largest … Continue reading
Posted in MN Gordon, Stock Market
Tagged bubble, consumer debt, consumer spending, DOW, GDP, margin debt
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