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Tag Archives: DOW
There’s A Great Storm Coming
Investors were in good spirits after the long Memorial Day weekend. Rested and refreshed, they showed up Tuesday and bought stocks. The DOW jumped 125 points for the day. By Wednesday, however, they remembered there’s an imminent crisis emanating out … Continue reading
Posted in MN Gordon, Stock Market
Tagged collapse, consumer price index, default, DOW, labor department, treasuries
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The Fate of Markets
How quickly things change. Several weeks ago stock market investors were riding high. On the first day of the month, the DOW finished the day at 13,279…its highest close since December 2007. It was just a matter of time – … Continue reading
Posted in Government Debt, MN Gordon
Tagged currency, debt, debt ceiling, dollar, DOW, federal reserve, interest rate, monetizing debt, treasuries
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Paul Krugman Doesn’t Know T-Shirt Economics
The DOW eked out a slight gain yesterday. Nonetheless, stocks are falling. So are oil prices. Gold too. This, no doubt, brings good cheer to the Fed. For it gives them cover to print more money. Falling oil prices mask … Continue reading
Posted in Economy, MN Gordon
Tagged business cycle, DOW, federal reserve, john maynard keynes, monetizing debt, paul krugman, stimulus
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Why There Are No Jobs
What a week. On Tuesday the DOW finished the day at 13,279, its highest close since December 2007. In terms of the stock market, we’ve crossed the great divide…December 2007, remember, was pre-financial crisis. In fact, it was nearly a … Continue reading
Posted in MN Gordon, Politics
Tagged ben bernanke, DOW, jobs, labor department, treasuries
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