by Gary Gordon | Mar 25, 2020
I have never understood the purpose of year-end price targets for the stock market. Every bank issues them. And each year, they offer eternally optimistic views on how the 365-day period will play out. (There’s never a bear in the picnic basket!) The banks are not...
by Gary Gordon | Mar 18, 2020
Central banks like the Federal Reserve have, for the most part, fired all their monetary stimulus bullets. Zero percent rate policy (ZIRP). Shock-and-awe asset purchasing with hundreds of billions in electronic dollar credits (a.k.a. “QE” or “quantitative easing”)....
by Gary Gordon | Mar 8, 2020
You have chosen to blame the COVID-19 pin prick. Yet, you should have understood that the Federal Reserve’s obsession with recession prevention created a monstrous stock bubble. I did not tell you when falling stock prices would cease to be a buy-the-dip opportunity....
