Tag Archives: treasuries

Your Government Hates You

The fact of the matter is that if you work hard, pay your own way, believe in free speech and traditional values, and fear God, your government – the dirty cadre of elites and insiders – hates you. There’s no other way to explain it. Continue reading

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The Do-Re-Mi of Treasury Notes

This week brought forth new data points for two of the world’s greatest economic contrivances. These data points are important not so much because they provide a truthful depiction of reality. But rather, because in today’s centrally planned economy they can be big movers and shakers for the stock and bond market. Continue reading

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Gold Shines Bright

The mighty U.S. dollar spent a good part of the year beating up on other currencies. From January to mid-October, the dollar rose 13 percent against the euro, 22 percent against the Japanese yen, and 6 percent against emerging market currencies. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 15 Comments

Why Bonds Are Behaving Like Risky Assets

Since 1976, there have been eight years in which the S&P 500 declined. Bonds softened the stock market losses every time. When stocks went down, bonds went up. Since 1987, Alan Greenspan, and the Greenspan put, made sure of it. Yet, this time is different. Over the first nine months of 2022, bonds and stocks have fallen in tandem. And as stocks have fallen, Fed Chair Powell has hiked interest rates. Continue reading

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