Tag Archives: federal reserve

Your 12-Point Great Depression II Survival Guide

And just like that – after a magnificent 11 year run – the bull market in U.S. stocks is dead.  From its peak close of 29,551 on February 12 through yesterday’s [Thursday] close of 21,200, the Dow Jones Industrial Average (DJIA) has dropped over 28 percent – in just 30 days!  RIP. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 17 Comments

Destruction By Definition

Major U.S. stock market indexes yo-yoed about all week. On Monday, panic selling from last week turned to panic buying. Decades of Fed intervention have conditioned stock market investors to step in front of semi-trucks to scoop up nickels. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 12 Comments

The Secret to Fun and Easy Stock Market Riches

On Tuesday, at the precise moment Federal Reserve Chairman Jay Powell commenced delivering his semiannual monetary policy report to the House Financial Services Committee, something unpleasant happened. The Dow Jones Industrial Average (DJIA) didn’t go up. Rather, it went down. Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | 14 Comments

The Impulses of Lunar Fed Policy Under Repo Madness

The Fed, through its repo madness program, has supplied financial markets – including big banks like JP Morgan – with mass liquidity. But that’s not all. The Fed’s also supplied financial markets with a highly tenuous assumption: The Fed will never allow the lack of liquidity of a major debtor to become an insolvency crisis that contracts the money supply. This assumption, without question, will be proven false at the worst possible time. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 17 Comments