by Gary Gordon | Mar 16, 2022
The Federal Reserve added $5 trillion to its balance sheet to battle the Covid-19 pandemic. That’s a whole lot of digital money creation in a matter of months. In actuality, the Fed started to print money digitally to manage the fallout from 2008’s...
by Gary Gordon | Mar 9, 2022
The Dow and the S&P 500 have only closed in correction territory. Specifically, the mainstream indexes have only experienced top-to-bottom price declines of 10%-13%. Underneath the surface, one half of S&P 500 components (250 companies) have plummeted more...
by Gary Gordon | Mar 2, 2022
The percentage of stocks in the S&P 500 that are in a technical uptrend? 40%. In other words, the majority of stocks are trending downward. Ditto for the Nasdaq Composite. The percentage of stocks in an uptrend is a paltry 35%. Equally telling, the market’s...
by Gary Gordon | Feb 23, 2022
The Federal Reserve is looking to navigate a path between fighting inflation and protecting markets. Granted, the central bank’s key mandates are to fight inflation and to bolster employment. For the entirety of the 21st century, however, the Fed has concentrated on...
by Gary Gordon | Feb 16, 2022
Consumer sentiment is downright abysmal. It is as weak as it was during the 2008-2009 financial crisis and during the early 1980s recession(s). How downbeat are consumers? Data indicate that sentiment is 28% below an average reading. Consumer dissatisfaction is...
