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...
by John Mauldin | Nov 25, 2020 | alerts, Markets/Economy, Mauldin Economics
A Happy Thanksgiving weekend to all my US friends. This year was different for many of us—sometimes by choice, sometimes not. But there’s one bit of good news I think we can all share: The holiday season means 2020 is almost over. Soon, we’ll be able to turn the page....
by John Mauldin | Nov 20, 2020 | alerts, Markets/Economy, Mauldin Economics
In baseball, there is a situation where a base runner is sprinting to home plate and can’t see what is happening behind him. Totally focused on scoring, he doesn’t know if the outfielder is throwing a ball that will reach home plate first. That’s where we get the...
by John Mauldin | Nov 13, 2020 | alerts, Markets/Economy, Mauldin Economics
Last week I talked about the polls misleading us. I, for one, didn’t see a high probability of a Biden presidency combined with a Republican Senate. But, pending recounts, legal actions, and some run-off elections, that’s probably what will happen. We will muddle...
by John Mauldin | Nov 6, 2020 | alerts, Markets/Economy, Mauldin Economics
Here in Puerto Rico we are now an hour ahead of Eastern Time, as we don’t do daylight savings time. I stayed up much later than normal on election night to watch the returns. I knew fairly early, when Florida and North Carolina looked so close, we weren’t going to see...
