by John Mauldin | Aug 13, 2021 | alerts, Markets/Economy, Mauldin Economics
“How did you go bankrupt?” “Two ways. Gradually, then suddenly.” ―Ernest Hemingway, The Sun Also Rises Change happens quickly and, often, unpredictably. And as we will see, the unpredictable part is actually a mathematical principle. As in the Hemingway quote above,...
by John Mauldin | Aug 6, 2021 | alerts, Markets/Economy, Mauldin Economics
If you look just at 2021, it seems the US economy is tearing higher. Real GDP grew an annualized +6.5% in the second quarter, the Commerce Department estimated last week. This follows a similar +6.3% first quarter, and a pandemic-interrupted 2020 that turned out not...
by John Mauldin | Jul 30, 2021 | alerts, Markets/Economy, Mauldin Economics
“T.S. Eliot once wrote, ‘Only those who risk going too far can possibly find out how far one can go.’ It seems the US financial system is bound and determined to find out.” —John Hussman, July 29, 2021 “If I was Darth Vader and I wanted to destroy the US economy, I...
by John Mauldin | Jul 23, 2021 | alerts, Markets/Economy, Mauldin Economics
Great news: The US economy is officially out of recession. We know this because the National Bureau of Economic Research’s official recession-calling committee said so this week. The economy has been in an expansion phase since last April, making this the shortest...
by John Mauldin | Jul 16, 2021 | alerts, Markets/Economy, Mauldin Economics
I have mixed feelings about China. On the plus side, I think the country’s massive economic transformation may be one of the most impressive events in human history. Bringing hundreds of millions from primitive rural lives into relatively prosperous cities within a...
