John Mauldin

The Transparency Trap Tell Us What You Think We Want to Hear A Very Soft GDP Number Central Banks: A High-Wire Balancing Act What Does It All Mean? A Few Thoughts on LTRO Greek Exhaustion Syndrome Cape Town, Stockholm, Geneva, Paris, and London This week we take a brief pause in our series on...
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This week we look at a report called “Working Out of Debt,” from the McKinsey Global Institute. It is one of the best, most definitive pieces on the topic I have read. For those trying to understand how the deleveraging process will affect their particular world it is a must-read. Deleveraging is the critical...
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Europe's leaders are committed to keeping both the euro and the eurozone as it is. But for it to do so, everything must change, as the wonderful quote from the 1958 Italian novel suggests. This is no easy task, as no one wants a change that will impact them negatively; and there is no...
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John Mauldin looks at the economic implications of the payroll tax cut, some thoughts about Europe and what would have to happen for a country to leave the euro and he closes with some thoughts and graphs about the Keystone XL Pipeline.
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Some of the best commentary I have read on the Euro, and from several different directions, from Gavekal. Truly a must read.
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We have come to the end of yet another European Summit that was supposed to be the one to fix the problem. If you are confused as to what happened then you are not alone. There are two main points to be taken away from this week's meetings. First, the Germans really took control....
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Today's contribution from John Mauldin's friends at Gavekal is a must read. I often disagree with Gavekal, which is easy to do since as this debate shows they often disagree amongst themselves, but they always make me think.-Lance
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This week we saw a coordinated effort by central banks to use their bazookas to head off another 2008-style credit disaster. The market reacted as if the crisis is now over and we can get on to the next bull run. Yet, we will see that it wasn't enough. Something more along the lines...
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Angela Merkel is leading the call for a rule change, a rewiring of the basic treaty that binds the EU. But is it both too much and too late? Then I glance over the other way and take notice of news out of China that may be of import.
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The Eurozone must find at least €3 trillion (give or take) to pay for the sovereign debt “haircuts” and bank losses. Some argue it is only €2 trillion and others argue for €6 trillion. Whatever it is, it is such a large number that it cannot be found by borrowing or creating a special...
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Long-time readers will be familiar with Michael Lewitt, one of my favorite thinkers and analysts. John Mauldin has permission to use the first half of this most recent letter as today’s Outside the Box as he examines the empire of debt the world creaks under.
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Europe remains the focus of markets, and rightly so. But the picture is not as clear as one would like. Different analysts point to different problems – if only this one problem could be solved, then all this would go away, they tend to say. Sadly, it is not one problem but three that...
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The greatest issues facing the US economy today are related to jobs and income growth. John Mauldin looks at job growth and where it comes from leaving us to ask if the discussions on this issue in the media and congress pay any attention to where jobs really come from?
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John Mauldin looks into whether the European debt crisis is solved. Looking deeply there is more to the market "melt-up" than simple euphoria and relief. What you find is a very disturbing unintended consequence that will come back to haunt us.
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With a serious impending crisis on our hands, we need to understand it from all angles, starting with geopolitical risk. To help John Mauldin sends this insightful two-part series from STRATFOR, written just prior to the meeting of the Eurozone Finance Ministers last Friday Oct 21.
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Given that we owe some $75-80 trillion dollars in the coming years, over 5 times current GDP and growing every year John Mauldin, with a nod to Bernanke's helicopter speech asks, "Can ‘it' (hyperinflation) really happen here?"
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The developed world seems to be focused on Europe, and while the next crisis in indeed brewing there, we must not forget that Asia is a large part of the future and major contributor to world GDP. My friends at GaveKal are based in Hong Kong and have staff...
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(When) will Greece default and which banks will implode as a result? Is there another banking crisis in our future? I just came back from a whirlwind four-country visit to Europe, and I will try to offer a few insights. This week we start with Ireland, move to the problem of Europe at large...
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What in the wide, wild world of monetary policy is the Fed doing, giving essentially unlimited funds to European banks? What are they seeing that we do not? And is this a precursor to even more monetary easing at this next week’s extraordinary FOMC meeting, expanded to a two-day session by Bernanke? Can we...
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Drawing from a number of sources we have discussed here at Risk and Return such as John Hussman, Howard Marks and Albert Edwards amongst others, John Mauldin considers the potential for a full blown credit crisis to erupt in Europe. Given how our own credit crisis interacted with others in 2008 it seems wise...
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