by John Mauldin | Aug 5, 2022 | alerts, Markets/Economy, Mauldin Economics
It’s a recession! No, not yet! I see these arguments everywhere and I’m already tired of them. For those who believe it is not yet a recession, I will make a deal with you. The third quarter is likely to be negative. When we have three quarters of a recession in a...
by John Mauldin | Jul 29, 2022 | alerts, Markets/Economy, Mauldin Economics
Professional economists, perhaps tired of being asked, years ago formed a committee to officially mark the beginning and end of recessions, the NBER (Nation Bureau of Economic Research) committee considers a variety of data, but its final decision is subjective. Many...
by John Mauldin | Jul 22, 2022 | alerts, Markets/Economy, Mauldin Economics
Finding just the right word brings great pleasure to writers like me. As I think and write about the Federal Reserve, the word “hubris” keeps coming to mind. The Merriam-Webster dictionary defines hubris as “exaggerated pride or self-confidence.”...
by John Mauldin | Jul 15, 2022 | alerts, Markets/Economy, Mauldin Economics
“Those who cannot remember the past are condemned to repeat it” is a well-known quote that’s also incomplete. You can remember the past vividly and still have to repeat it. This happens when, for instance, powerful people forget (or ignore) important lessons that...
by John Mauldin | Jul 8, 2022 | alerts, Markets/Economy, Mauldin Economics
The economics profession has long had a vigorous academic argument over “natural” interest rates. What would rates be if we could somehow remove all the subjective actors—central banks, commercial lenders, government agencies—that conspire to set them? What would...
