by John Mauldin | Jul 24, 2020 | Mauldin Economics
“In the short run, the market is a voting machine but in the long run, it is a weighing machine.” —Benjamin Graham
by John Mauldin | Jul 17, 2020 | 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...
by John Mauldin | Jul 10, 2020 | 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.
by John Mauldin | Jul 3, 2020 | Mauldin Economics
“A similar effect is taking place in economic life. I spoke about globalization in Chapter 3; it is here, but it is not all for the good: it creates interlocking fragility, while reducing volatility and giving the appearance of stability. In other words, it...
by John Mauldin | Jun 26, 2020 | Mauldin Economics
We just spent the better part of a decade wondering when the next recession would strike. The last two months we stopped wondering. It’s here and a grand council of esteemed economists has confirmed it.
