by John Mauldin | Aug 7, 2020 | alerts, Markets/Economy, Mauldin Economics
As I file this letter Friday morning, people are reacting to the July jobs report. My own reaction: The headline report is absurd. I will explain further at the end of this letter. But first, I have another topic. Regular readers know I worry about debt, mainly that...
by John Mauldin | Jul 31, 2020 | alerts, Markets/Economy, Mauldin Economics
One of COVID-19’s many less-than-obvious consequences is the way it makes us look inward. Facing mortality has always done that, of course. West Texas Judge Roy Bean reportedly said, “Nothing focuses the mind like a good hanging.” For the vulnerable and those of us of...
by Lance Roberts | Jul 28, 2020 | alerts, Mauldin Economics, Real Investment Advice
As July comes to an end, should we be looking for a sellable rally to reduce risk? As addressed in “Fed Stimulus Has Created The Cobra Effect,” the failure of the market to “breakout” of the June highs raises our risk. To wit: “With the...
by John Mauldin | Jul 24, 2020 | alerts, Markets/Economy, Mauldin Economics
“In the short run, the market is a voting machine but in the long run, it is a weighing machine.” —Benjamin Graham You may have noticed a bit of manic activity in the stock market. You may have also noticed inflation (as measured by various government...
by John Mauldin | Jul 17, 2020 | alerts, Markets/Economy, Mauldin Economics
Politicians love saying small businesses are important to the economy. In this case, it isn’t just rhetoric. The millions of little companies with a handful of workers are, collectively, more important than the few hundred large enterprises we see in the news. That’s...
by John Mauldin | Jul 10, 2020 | alerts, Markets/Economy, Mauldin Economics
Work has always been a fact of life. Paycheck-producing jobs are actually a recent development. Until the Industrial Revolution, most people lived on subsistence agriculture, sustaining themselves with whatever they could produce or working as slaves/serfs. The...
