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Tag Archives: recession
The Recession of 2013?
Getting back to the straight and narrow can take a lot of time and effort. Especially after straying far off the beam without much care or sense. That seems to be what happened to the whole economy during the bubble … Continue reading
Posted in Economy, MN Gordon
Tagged consumer price index, food prices, GDP, jobs, recession
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Exiting the Eye of the Hurricane and Other 2013 Predictions
“It’s tough to make predictions, especially about the future.” – Yogi Berra How to Make the Most of The Year of the Snake Now that 2012’s been laid to rest, and the dirt’s been kicked on its face, we calibrate … Continue reading
Posted in Economy, MN Gordon
Tagged 2013 predictions, bubble, business cycle, congress, food prices, gas prices, gold, oil prices, recession, treasuries
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The Wrath of Ray Kroc
If you’re concerned the economy may be slipping back into a recession…guess what? We’re already in one. At least that’s what Lakshman Achuthan, Co-Founder & Chief Operations Officer of Economic Cycle Research Institute (ECRI), told Bloomberg TV on Tuesday. “What … Continue reading
Posted in Economy, MN Gordon
Tagged bankruptcy, default, ray kroc, recession, san bernardino
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Lurching Back into the Vicious Cycle of Recession
Last Friday the Commerce Department announced that private sector wages and government benefits both fell in August. The combination of these two undesirable data points resulted in the first monthly decline in overall personal income since October 2009. What this … Continue reading
Posted in Economy, MN Gordon
Tagged 401K, federal reserve, interest rate, labor department, recession
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