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Tag Archives: Nikkei 225
All Bets Are Off
Stock markets across the planet gazed out across the economic landscape yesterday and vomited all over themselves. After that, they convulsed and dry heaved again and again. For the global economic disfiguration has grown so grotesque, so awesomely awful, that … Continue reading
Posted in MN Gordon, Stock Market
Tagged collapse, DOW, Nikkei 225, shanghai composite index, stock market crash
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Deliver Us From Idiots
A central benefit of the government’s debt ceiling calamity was the outstanding comedy it provided. We’ll certainly miss the B-rated entertainment. While it’s unfortunate a default was avoided, the whole hullabaloo served up some tasty performances. President Obama, for one, … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, congress, debt ceiling, default, DOW, Nikkei 225
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A Modest Alternative to Monkeying with Currency Markets
Late last week, while many were busy paying tribute to their Irish brethren with good cheer and libations, the Group of Seven (G-7) nations were busy monkeying around in foreign exchange markets with their first coordinated intervention in over 10 … Continue reading
Posted in Economy, MN Gordon
Tagged bank of japan, currency, federal reserve, foreign exchange, government action, government meddling, Nikkei 225
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