Tag Archives: treasuries

How the Fed Retarded the Residential Real Estate Market

Even though houses are completely unaffordable, prices remain high because the supply is ultra-constrained. The Fed, in essence, retarded the residential real estate market. Only well-intentioned central planners could accomplish such a feat. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 1 Comment

Are You Gambling with Your Retirement Account?

And just like that.  The year is half over.  Can you believe it? Hardly the blink of an eye ago we were putting the final touches on our one great big nasty prediction for 2023 – that China will invade … Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | 18 Comments

Washington’s Bias for Continuous Inflationism

This week Federal Reserve Chair Jerome Powell delivered his semiannual testimony to Congress. A main feature of the discussion was the status of rate hikes and the fight against inflation. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 13 Comments

What Comes After the Great Liquidation

Expectations were great. When 2023 started, there was a general sense that the stock and bond markets had turned over a new leaf. A repeat of 2022 was out of the question. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 24 Comments