Tag Archives: S&P500

Pouring Buckets of Ice Water on the Fed’s Delusion

Posted on October 3, 2014 by MN Gordon

Just two weeks ago President Obama said it would be unlikely if we had a case of Ebola virus in this country.  On Tuesday the Center for Disease Control and Prevention confirmed the first known U.S. Ebola virus case.  No … Continue reading →

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Worshiping Utterances

Posted on September 19, 2014 by MN Gordon

The world around us is a strange and wacky place.  Even so, it becomes ever stranger and wackier by the day.  Just when we think we’ve seen it all…something new appears and creeps us out. For instance, have you seen … Continue reading →

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Holding the Permanently High Plateau

Posted on September 12, 2014 by MN Gordon

“Stock prices have reached what looks like a permanently high plateau,” said Ph.D. economist, Irving Fisher, on October 17, 1929.  “I do not feel there will be soon if ever a 50 or 60 point break from present levels, such … Continue reading →

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Musical Chairs Investing

Posted on September 2, 2014 by MN Gordon

Markets were closed yesterday in observance of Labor Day.  But here at the Economic Prism we labored on.  There’s always something to contemplate.  Where to begin? One place, obviously, is this crazy stock market.  Day after day, week after week, … Continue reading →

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