by John Mauldin | Aug 11, 2023 | alerts, Markets/Economy, Mauldin Economics
The Old Testament portrays King Solomon as the wisest of all men. In addition to recording his wisdom in the book of Proverbs while dealing with 700 wives and 300 concubines, he also became a chart-topping songwriter in the 1960s (some 3,000 years after his death)...
by Bloomberg.com | Aug 9, 2023 | alerts, Markets/Economy
July’s data left no doubt: China is now clearly dealing with a deflation threat. Consumer and producer prices fell together for the first time since 2020, adding to concerns about the health of the world’s second-largest economy. News that China’s prices...
by Lance Roberts | Aug 8, 2023 | alerts, Markets/Economy, Real Investment Advice
There is a rhythm to the markets, and market cycle lows support bull market recoveries. Recently, Ed Yardeni made a bold prediction that the S&P 500 index could hit a high of 5400 in 2024. To wit: “Market veteran Ed Yardeni predicts that the S&P 500 could...
by Bloomberg.com | Aug 4, 2023 | alerts, Markets/Economy
Everything selloff is mirror image of July’s everything rally Treasuries drop amid Fitch downgrade, government bond sales When skepticism shifts to euphoria as quickly as it has in 2023’s stock and bond markets, the comeuppance is apt to be swift. That was the tale of...
by Lance Roberts | Aug 4, 2023 | alerts, Markets/Economy, Real Investment Advice
“The stock market is not the economy.” Such is the latest rationalization to support the “bull market” narrative. The question, however, is the validity of the statement. During the 2020 economic shutdown and surging market rebound I stated: “There is currently a...
by John Mauldin | Aug 4, 2023 | alerts, Markets/Economy, Mauldin Economics
My friend Neil Howe titled his latest book The Fourth Turning Is Here because, well, the Fourth Turning is here. It is no longer the decades-away crisis he and the late William Strauss described in their 1990s books. As noted last week, each “turning” is generally 20...
