Tag Archives: S&P500

Every Bubble Eventually Finds its Pin

The transfer of wealth from workers and savers to governments and big banks continued this week with Swiss-like precision. The process is both mechanical and subtle. Here in the USA the automated elegance of this ongoing operation receives little attention. Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | 11 Comments

The Fed’s Answer to the Ghastly Monster of its Creation

As the economy stalls out in 2020, U.S. deficits are going to jump to over $2 trillion a year – and will stay there.  So, too, the national debt will run up towards $40 trillion over the next decade.  The Fed, through YCC or some other wild scheme, will take on the dirty deed of monetizing this debt.  They’ll create money from nothing and loan it to the Treasury. Continue reading

Posted in MN Gordon, Politics | Tagged , , , , | 14 Comments

Riding the Type 3 Mega Market Melt Up Train

The decade long bull market run, aside from making everyone ridiculously rich, has opened up a new array of competencies. The proliferation of ETFs, for instance, has precipitated a heyday for the ETF Analyst. So, too, blind faith in data has prompted the rise of Psychic Quants…who see the future by modeling the past. Continue reading

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Don’t Be Another Wall Street Chump

Securities and Exchange Commission Rule 156 requires financial institutions to advise investors to not be idiots.  Hence, the disclosure pages of nearly every financial instrument in the U.S. are embedded with the following admission or variant thereof: “Past Performance Is Not Indicative of Future Results” Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | 2 Comments