>> 15 April 2019

Japanified World Ahead
By: John Mauldin, Thoughts from the Frontline

- Losing Decades
- Too Much, Too Fast
- A $6 trillion $10 Trillion Federal Reserve Balance Sheet
- Mastering Private Markets
- Living on Puerto Rico Time >> 8 April 2019

Capitalism Gone Wild
By: John Mauldin, Thoughts from the Frontline

- Unwise Investment
- Zombie Companies
- Gummed-Up Economy
- Uncreative Destruction
- The Drive for Scale
- Helicopter Governments
- Cleveland, Chicago, Dallas, and SIC >> 1 April 2019

Recession Signs Everywhere
By: John Mauldin, Thoughts from the Frontline

Cracks Appearing
First Domino
Constrained Hiring
Tariff Trouble
A Virtual Pass to the SIC
RIP, Andrew Marshall, The Last Warrior
Cleveland, Chicago, Dallas, Austin, Dallas, and Back Home to Puerto Rico >> 17 March 2019

No Free Lunch: Valuation Determines Return
By: John Mauldin, Thoughts from the Frontline

- Theories and Realities
- Valuation Matters
- Why Average Rarely Happens
- New York, Cleveland, Austin, and Dallas >> 11 March 2019

Retirement Isn't Happening
By: John Mauldin, Thoughts from the Frontline

Social Security Is Not Enough
Is That All There Is?
The Indexing Problem in Retirement Accounts
Double Problem
Cleveland, Eye Surgery, New York, and More Cleveland >> 4 March 2019

The Fed Is Playing a Dangerous Game
By: John Mauldin, Thoughts from the Frontline

- Infested with Crawdads
- Not Applauding
- Steadily More Dovish
- #3 Mandate
- Puerto Rico, Cleveland, New York, Cleveland, Austin, and Dallas >> 24 February 2019

Recession: Are We There Yet?
By: John Mauldin, Thoughts from the Frontline

Dramatic Weakening
Missing Inversion
No Credit Stress
Not Going Global
The Rest of the Story
“I’m an American!”—Pat Caddell—RIP
Dallas, Athens, and Houston >> 10 February 2019

Capitalism Without Competition
By: John Mauldin, Thoughts from the Frontline

- Monopoly Rents
- Not Free to Choose
- Data Oligopoly
- Puerto Rico, Dallas, Houston, Cleveland, New York, and Austin >> 3 February 2019

What Should We Then Expect (From Investing)?
By: John Mauldin, Thoughts from the Frontline

All Models Are Wrong, but Some Are Useful
Starting Valuation Matters
Empty Quarter
Fun with Forecasting: Choosing Your Time Periods
Late in the Cycle
Removing Emotions
Can It Get Any Better Than This?
Puerto Rico, Dallas, Cleveland, Cleveland, Cleveland, and ??? >> 27 January 2019

How Should We Then Invest?
By: John Mauldin

- The Extraordinary Power of the Political Arena
- We Live in Interesting Times
- Baltimore, New York, Boca Raton, and Back Home to Puerto Rico >> 14 January 2019

Something Wicked This Way Comes
By: John Mauldin, Mauldin Economics

Shaky China
Brexit Breakage
Helpless Europe
DC, Back to Dorado, more Florida, and Boca Raton >> 13 August 2017

What I Learned at (Economics) Summer Camp
By: John Mauldin

Will Yellen Stay or Go?
Quantitative Tightening
Consensus Forecasts
Lightning Round
Chicago, Lisbon, San Francisco, Denver, and Lugano >> 6 August 2017

Hot Summer Mailbag
By: John Mauldin

Three Black Swans
Prepare for Turbulence
Trade War Games
The Wedge Goes Deeper
What It’s Like >> 18 June 2017

The Next Minsky Moment
By: John Mauldin

The Next Minsky Moment
Natural Instability
Learning the Rules
Chinese Minsky
The Swiss Central Bank Is Doing What?
Getting Married on St. Thomas, Omaha, San Francisco, and Freedom Fest in Las Vegas >> 19 June 2016

Generational Chaos Ahead
By: John Mauldin

After a lifetime of watching financial markets, the speed at which traders react still amazes me. Sometimes it seems to me like they hail from the “ready, shoot, aim,” school of thinking. Economic trends almost never turn on a dime; and though we can look back and find a moment that was the exact bottom or top, there were forces building that caused people to move from one side of the boat to the other, tilting the economy or markets or society in a different direction. New data can alter our probabilities – but rarely as fast as trading algorithms seem to think. Long-term trends, by definition, change slowly. >> 11 April 2016

Open Letter to the President, Part Five
By: John Mauldin

An Open Letter to the Next President, Part 5
The Need for More Revenue
Giving Everybody Some of What They Want… But Not Everything They Want
Be Radical, but Phase It in Slowly
A Few Final Thoughts
Abu Dhabi, Raleigh, and Home >> 3 April 2016

Open Letter to the Next President, Part 4
By: John Mauldin

An Open Letter to the Next President, Part 4
Where to Find $1 Trillion of Free Money
Making America Competitive Again
New York, Dallas, and Abu Dhabi >> 24 November 2014

On the Verge of Chaos
By: John Mauldin

Bad Yen Falling
The Obvious Impacts
Every Central Bank for Itself
Seriously, the Fed Is Doing What?
Complexity and Collapse
The Fragile Eight
Home for the Holidays >> 26 May 2014

A Bubble in Complacency
By: John Mauldin, Mauldin Economics

Notes from SIC 2014
Trequanda, Rome, Nantucket, New York, and Maine
Drugs, Prostitution, and Smuggling >> 23 February 2014

The Worst Ten-Letter Word
By: John Mauldin, Chairman, Mauldin Economics

A new word is achieving ubiquity. The word has always been with us and at times has been a beacon to attract the friends of liberty and opportunity. But now I’m afraid it is beginning to be used as a justification for social and economic policies that will limit the expansion of both liberty and opportunity. The word? Inequality. More specifically, the word has become problematic when used in close proximity to the word income. There are those who believe that income inequality is the proximate cause of the Great Recession, if not the imminent demise of Western Civilization, pushing us into a dystopian world that will come to resemble the one depicted in the movie Blade Runner. >> 16 February 2014

The Economic Singularity
By: John Mauldin, Millennium Wave Advisors

I fully intended to write today about a recently released academic paper that illustrates nearly every bad idea currently being bandied about in the field of economics. The insidious part is that the paper is considered mainstream and noncontroversial. Simply reading it required me to up my blood pressure medicine dosage. It is going to take me a little longer to finish that letter, and I realized that it needs a certain setup – one that coauthor Jonathan Tepper and I conveniently wrote a few months ago and included in the book Code Red. >> 26 January 2014

Forecast 2014: The CAPEs of Hope
By: John Mauldin, Mauldin Economics

The Second Most Expensive Stock Market in the World
Who’s Got Your Risk?
Join Me in San Diego
Home Again, Los Angeles, Miami, and Argentina
And Final Thoughts on the Employment Participation Rate