Tag Archives: federal reserve

America’s Guaranteed Living Hell

One of the consequences of expansionary monetary intervention is that it distorts the relationship between financial markets and the underlying economy. Stimulus with the supposed intent of juicing the economy has the effect of juicing financial markets. Sometimes – like now – these inflationary policies have the effect of completely disconnecting the stock market from the economy. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 3 Comments

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 , , , , | 18 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