by Gary Gordon | Oct 27, 2021
Ironic? Humorous? The stock bubble continues to hit high after record high, despite the economy showing definitive signs of weakness. Two months earlier, the projection for the 3rd quarter period was 6.1%. Today? The Atlanta Fed is estimating growth of just 0.2%. If...
by Gary Gordon | Oct 21, 2021
Across 120 years of data, the most overvalued markets occurred in 1905, 1929, 1965, and 2000. This excludes today’s stock bubble. (See the purple triangles below.) Interesting enough, when one adjusts for inflation, each of the occurrences led to periods of...
by Gary Gordon | Oct 13, 2021
The federal government is reining in its direct payments to households. Similarly, the Federal Reserve intends to reduce its money printing (QE) policies – the same policies that have created the speculative belief that our central bank can permanently levitate stock...
by Gary Gordon | Oct 6, 2021
Remember the trade war a few years back? The whole goal had been to shrink our trade deficit with China in an effort to enhance the U.S. economy’s prospects. Perhaps unfortunately, the U.S. government responded to the coronavirus crisis with far too much...
