Tag Archives: treasuries

The Three Headed Debt Monster That’s Going to Rampage the Economy

Posted on June 9, 2017 by MN Gordon

“The bank is something more than men, I tell you.  It’s the monster.  Men made it, but they can’t control it.” – John Steinbeck, The Grapes of Wrath Mass Infusions of New Credit Something strange and somewhat senseless happened this … Continue reading →

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Recession Watch Fall 2017

Posted on June 2, 2017 by MN Gordon

Treasury yields are attempting to say something.  But what it is exactly is open to interpretation.  What’s more, only the most curious care to ponder it. Like Southern California’s obligatory June Gloom, what Treasury yields may appear to be foreshadowing … Continue reading →

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Simple Math of Bank Horsepucky

Posted on April 21, 2017 by MN Gordon

We stepped out on our front stoop Wednesday morning and paused to take it all in. The sky was at its darkest hour just before dawn.  The air was crisp.  There was a soft coastal fog.  The faint light of … Continue reading →

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March to Default

Posted on March 24, 2017 by MN Gordon

“May you live in interesting times,” says the ancient Chinese curse.  No doubt about it, we live in interesting times.  Hardly a day goes by that we’re not aghast and astounded by a series of grotesque caricatures of the world … Continue reading →

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