by John Mauldin | Sep 18, 2020 | alerts, Markets/Economy, Mauldin Economics
When Cornwallis surrendered to George Washington at Yorktown in 1781, tradition has it that the British band played an old English children’s folk tune, “The World Turned Upside Down.” Painting by John Trumbull If buttercups buzz’d after the bee,If boats were on land,...
by John Mauldin | Sep 11, 2020 | alerts, Markets/Economy, Mauldin Economics
Simply discussing COVID-19 will undoubtedly make this letter controversial and, in some circles, political. That is not my intent. I truly believe that something affecting all of us so deeply should be kept in the scientific realm to the extent possible, not the...
by John Mauldin | Sep 4, 2020 | alerts, Markets/Economy, Mauldin Economics
One little-noted aspect of central bank policy is how rarely “policy” happens. Officials at the Federal Reserve and elsewhere long ago learned how to achieve their goals without actually doing anything. Creating perceptions is often enough to modify people’s behavior....
by John Mauldin | Aug 28, 2020 | alerts, Markets/Economy, Mauldin Economics
If you ever think you just can’t win, I know how you feel. I’m labeled both a doomsayer and a Pollyanna—sometimes in reaction to the same letter. In fact, I am neither. I used to be the “muddle-through” guy who acknowledged difficulty but expected eventual success....
by John Mauldin | Aug 21, 2020 | alerts, Markets/Economy, Mauldin Economics
I write this introduction from an all-too-short vacation in Montana (more below). This week I have asked my longtime associate Patrick Watson to step in and write Thoughts from the Frontline, offering his perspective as a small business owner. As you read this,...
by John Mauldin | Aug 14, 2020 | alerts, Markets/Economy, Mauldin Economics
“It’s a recession when your neighbor loses his job; it’s a depression when you lose yours.” —Harry S. Truman, 33rd US President In recent weeks, numerous commentators started to suggest the US and the world are entering a depression. For some...