Tag Archives: interest rate

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

Mission Accomplished?

Posted on February 3, 2023 by MN Gordon

About the time the most trusted man in America, Walter Cronkite, signed off from the CBS Evening News for the last time, something momentous happened in the U.S. credit market. Few people, apart from Bill Gross and A. Gary Shilling, understood what was going on. Continue reading →

Posted in MN Gordon, Politics | Tagged , , , , | 23 Comments

The Do-Re-Mi of Treasury Notes

Posted on December 16, 2022 by MN Gordon

This week brought forth new data points for two of the world’s greatest economic contrivances. These data points are important not so much because they provide a truthful depiction of reality. But rather, because in today’s centrally planned economy they can be big movers and shakers for the stock and bond market. Continue reading →

Posted in Government Debt, MN Gordon | Tagged , , , , , | 1 Comment

Death to Zombies

Posted on November 11, 2022 by MN Gordon

Rising interest rates, no doubt, bring death to zombies. By zombies, we’re referring to those companies in the second camp that would have died long ago, if not for the sustenance of artificially suppressed cheap credit. Continue reading →

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