Tag Archives: federal reserve

The Greatest Fraud of All

Posted on June 12, 2012 by MN Gordon

“As always, the Federal Reserve remains prepared to take action as needed to protect the U.S. financial system and economy in the event that financial stresses escalate,” said Federal Reserve Chairman Ben Bernanke to Congress last Thursday. The stock market … Continue reading →

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Stimulus and Spasmodic Economics

Posted on June 5, 2012 by MN Gordon

Nerves are fried.  Hands are shaky.  Triggers fingers are happy.  “Market’s need stimulus now!” screams the crowd. These days, it doesn’t take much selling to growl up a thunderous roar for help.  The DOW’s fallen 1,258 from its May 1 … Continue reading →

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The Fate of Markets

Posted on May 18, 2012 by MN Gordon

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 →

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Paul Krugman Doesn’t Know T-Shirt Economics

Posted on May 11, 2012 by MN Gordon

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 →

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