by John Mauldin | Feb 26, 2021 | alerts, Markets/Economy, Mauldin Economics, Uncategorized
We are almost through February and (knocking on wood) the US COVID-19 situation is improving daily. The B117 and other variants haven’t yet made a big impact. Possibly they will, but as time passes more people are getting at least partial protection through vaccines....
by John Mauldin | Feb 19, 2021 | alerts, Markets/Economy, Mauldin Economics
Readers often ask how these letters appear so regularly. The answer is we have a process. Normally, I talk to my associate Patrick Watson on Monday about the next weekend’s letter. We both go into research mode, verbally outlining a letter, and by Thursday I have an...
by John Mauldin | Feb 12, 2021 | alerts, Markets/Economy, Mauldin Economics
Among the many strange, unforeseen changes of the last year is a new respect for Keynesian economic theory. Practically everyone in power now agrees that deficit spending produces GDP growth. They differ only on its expected magnitude and duration. The few exceptions...
by John Mauldin | Feb 5, 2021 | alerts, Markets/Economy, Mauldin Economics
If time is money, then interest rates are the price of time. The most important interest rates in the world are for US Treasury securities. This is why I’ve long said it makes no sense for a committee to set those rates. The markets could do just fine without that...
by John Mauldin | Jan 29, 2021 | alerts, Markets/Economy, Mauldin Economics
I’m often asked if I foresee inflation or deflation. This week we had an “Ask Me Anything” session for Alpha Society members and it came up several times. Both are possible in their own ways, and frankly I feel a little funny telling people I think we will see both. I...
