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Tag Archives: treasuries
Money Games
After much anticipation and hoopla, Fed Chairman Bernanke made his post FOMC meeting utterances on Wednesday. In short: No QE3, for now. More Operation Twist. Markets didn’t know what to make of it. Initially they rose on the announcement. The … Continue reading
Posted in Economy, MN Gordon
Tagged ben bernanke, DOW, federal reserve, government action, interest rate, QE3, treasuries
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There’s A Great Storm Coming
Investors were in good spirits after the long Memorial Day weekend. Rested and refreshed, they showed up Tuesday and bought stocks. The DOW jumped 125 points for the day. By Wednesday, however, they remembered there’s an imminent crisis emanating out … Continue reading
Posted in MN Gordon, Stock Market
Tagged collapse, consumer price index, default, DOW, labor department, treasuries
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The Fate of Markets
How quickly things change. Several weeks ago stock market investors were riding high. On the first day of the month, the DOW finished the day at 13,279…its highest close since December 2007. It was just a matter of time – … Continue reading
Posted in Government Debt, MN Gordon
Tagged currency, debt, debt ceiling, dollar, DOW, federal reserve, interest rate, monetizing debt, treasuries
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Why There Are No Jobs
What a week. On Tuesday the DOW finished the day at 13,279, its highest close since December 2007. In terms of the stock market, we’ve crossed the great divide…December 2007, remember, was pre-financial crisis. In fact, it was nearly a … Continue reading
Posted in MN Gordon, Politics
Tagged ben bernanke, DOW, jobs, labor department, treasuries
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