by John Mauldin | Oct 23, 2020 | alerts, Markets/Economy, Mauldin Economics
Appearing on 60 Minutes, Fed Chair Ben Bernanke said the recession’s end was in sight because the Fed’s asset purchases were generating “green shoots.” They turned out to be slow-growing shoots. The US unemployment rate kept getting worse for seven more months...
by John Mauldin | Oct 16, 2020 | alerts, Markets/Economy, Mauldin Economics
We’re caught in a trapI can’t walk outBecause I love you too much baby Elvis Presley’s rendition of Suspicious Minds topped the record charts in 1969. The lyrics portray a romance that couldn’t work, but was also impossible to escape. That’s also a good...
by John Mauldin | Oct 9, 2020 | alerts, Markets/Economy, Mauldin Economics
Like everyone else, I am weary of this pandemic mess. I want to travel freely, enjoy dinner with friends, hug, and shake hands. And, of course, I want everyone who lost jobs and businesses to get them back. I wasn’t thrilled with the economy a year ago, but I’d take...
by John Mauldin | Oct 2, 2020 | alerts, Markets/Economy, Mauldin Economics
“There is no means of avoiding the final collapse of a boom brought about by credit expansion.” —Ludwig von Mises Economic recovery is coming, we are told, because the economy has found a new equilibrium. We are supposedly adapting to the new-normal...
by John Mauldin | Sep 25, 2020 | alerts, Markets/Economy, Mauldin Economics
Amid all 2020’s new problems, it’s easy to overlook the old ones. Yet they are still there and, like a silently spreading virus, silently getting worse. One such problem is debt, and specifically government debt. All debt shares one common characteristic. A bill comes...
