by John Mauldin | Jan 15, 2021 | alerts, Markets/Economy, Mauldin Economics
This is part two of my 2021 forecast series. I began last week (you can read it here) discussing a three-handed alien race envisioned by science fiction writers Jerry Pournelle and Larry Niven. They had two regular hands and a third “gripping hand,” which though less...
by John Mauldin | Jan 8, 2021 | alerts, Markets/Economy, Mauldin Economics
This week’s letter is the first part of my 2021 forecast. There is simply too much to cover in one letter, and today we’ll start with the most important factor, a known unknown, that I think will be the driver for 2021. Before beginning, I want to make two points, one...
by John Mauldin | Dec 18, 2020 | alerts, Markets/Economy, Mauldin Economics
“History repeats itself, that’s one of the things that’s wrong with history.” —Clarence Darrow (1857-1938), American lawyer The end of 2020 has me looking back. I started writing the letters that later became Thoughts from the Frontline back in the...
by John Mauldin | Dec 11, 2020 | alerts, Markets/Economy, Mauldin Economics
The essential point to grasp is that in dealing with capitalism we are dealing with an evolutionary process… At the heart of capitalism is creative destruction. …Situations emerge in the process of creative destruction in which many firms may have to perish that...
by John Mauldin | Dec 4, 2020 | alerts, Markets/Economy, Mauldin Economics
Growing income and wealth inequality were on my (and probably your) radar screen long before COVID-19 came along. The pandemic has made them both more obvious and more urgent. The actions by the Federal Reserve have widened the gap. We are now in a situation where...
