Tag Archives: federal reserve

How the Fed Retarded the Residential Real Estate Market

Posted on August 4, 2023 by MN Gordon

Even though houses are completely unaffordable, prices remain high because the supply is ultra-constrained. The Fed, in essence, retarded the residential real estate market. Only well-intentioned central planners could accomplish such a feat. Continue reading →

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

Welcome to the Era of Targeted Bailouts

Posted on July 7, 2023 by MN Gordon

Here at the Economic Prism, we’re opposed to market intervention and bailouts of all colors and stripes. The conceit of it all, that a collection of unelected bureaucrats knows what’s best for a 330-million-person economy, sticks in our craw like a broken chicken bone. Continue reading →

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

What the End of Fed Rate Hikes Means for Stocks

Posted on April 28, 2023 by MN Gordon

Here in the wooded mountains of East Tennessee the vegetated growth is so dense it shuts off the adjacent view. Hollers, as they’re called in southern Appalachia, are undetectable. And in an instant, things can go terribly wrong. Continue reading →

Posted in MN Gordon, Stock Market | Tagged , , , , , | 10 Comments

What Comes After the Great Liquidation

Posted on March 10, 2023 by MN Gordon

Expectations were great. When 2023 started, there was a general sense that the stock and bond markets had turned over a new leaf. A repeat of 2022 was out of the question. Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , | 24 Comments