Tag Archives: federal reserve

2012: Predictions, Prognostications, and Prophecies

Posted on December 30, 2011 by MN Gordon

Before we turn the page to 2012 we must take a look back at the year that just passed so we can extract context for the year to come.  Looking at where the stock market began and ended in 2011, … Continue reading →

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There’s No Such Thing as a Free Lunch

Posted on December 27, 2011 by MN Gordon

By all accounts the sky was falling on December 5, 2008.  Several months before, credit market liquidity had glazed over like cold winter molasses and, after over 150-years of business, Lehman Brothers had ignominiously vanished from the face of the … Continue reading →

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How to Catch Fate’s Fortune

Posted on December 20, 2011 by MN Gordon

Believing In an Absurdity [Editor’s note: Today’s Economic Prism is an excerpt of remarks made by Direct Expressions’ President and Founder MN Gordon at the annual company holiday party held last Saturday at the 555 East Steakhouse.] “Fate throws fortune, but … Continue reading →

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In Praise of Scrooge

Posted on December 16, 2011 by MN Gordon

Federal Reserve Chairman Ben Bernanke did something extraordinarily remarkable on Tuesday…he did nothing.  Following the Federal Open Market Committee meeting, if you can believe it, Bernanke’s Fed statement made no monetary policy changes. Certainly, this is an exceptional feat.  Remember, … Continue reading →

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