Tag Archives: jerome powell

Inflation and Chaos

Posted on November 1, 2024 by MN Gordon

Data can be contrived to tell whatever story the author desires. Data contrived by government agencies is particularly susceptible to the imposed will of the overseeing administration. Policy makers want the data to make them look good and to justify their decisions. Continue reading →

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Mistakes from the Past

Posted on October 11, 2024 by MN Gordon

Over the last three weeks something unexpected by the Fed has happened. The yield on the 10-Year Treasury didn’t follow the Fed’s rate cut down. Rather, it did the opposite. It went up. Continue reading →

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Let the Games Begin!

Posted on September 20, 2024 by MN Gordon

Monetary policy took center stage this week. On Tuesday and Wednesday, the Federal Open Market Committee (FOMC) huddled up, licked their collective index finger, held it up to the wind, and then commanded how they would intervene in credit markets. Continue reading →

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Reality Check September 2024

Posted on September 6, 2024 by MN Gordon

Summer break is over. School is back in session. Football rules the weekend. With the turn of the month, and the approaching autumn season, comes a reality check. A time to pause and take stock of where things stand. A time to make decisions.
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