By John Mauldin July 19, 2019 I’m often asked if recession is coming, and for quite different reasons. Some people worry about their investments. Others are worried about their employment or their kids. Political types wonder if and how recession could affect the next election. To all those [...]Read More >
Thoughts from the Frontline: Ray Dalio-John Mauldin Discussion, Part 6 - 07-15-2019
By John Mauldin July 12, 2019 This is the final letter of the six-part series of my reply to Ray Dalio’s essays. Here are some links to help you wrap it all together. Ray’s original letter: Why and How Capitalism Needs to Be Reformed, Parts 1 and 2 His follow-up: It’s Time to Look [...]Read More >
Thoughts from the Frontline: Ray Dalio-John Mauldin Discussion, Part 5 - 07-8-2019
By John Mauldin July 5, 2019 The belief that wealth subsists not in ideas, attitudes, moral codes, and mental disciplines but in identifiable and static things that can be seized and redistributed is the materialist superstition. It stultified the works of Marx and other prophets of violence [...]Read More >
Thoughts from the Frontline: Ray Dalio-John Mauldin Discussion, Part 4 - 07-1-2019
By John Mauldin June 28, 2019 This week is the fourth in a series of five open letters responding to a series of essays by Ray Dalio, the founder of Bridgewater Associates. His original letters are Why and How Capitalism Needs to Be Reformed, Parts 1 and 2 and It’s Time to Look More Carefully at [...]Read More >
Thoughts from the Frontline: Ray Dalio Is Kinda, Sorta, Really Wrong, Part 3 - 06-24-2019
By John Mauldin June 21, 2019 Two weeks ago I started a mini-series in the form of an open letter responding to a series of essays by Ray Dalio, the founder of Bridgewater Associates. I wrote here and here that he was kinda, sorta wrong in Why and How Capitalism Needs to Be Reformed, Parts 1 and [...]Read More >
Thoughts from the Frontline: Ray Dalio Is Kinda, Sorta, Really Wrong, Part 2 - 06-17-2019
By John Mauldin June 14, 2019 Last week we started a mini-series in the form of an open letter responding to a series of essays by Ray Dalio, the founder of Bridgewater Associates. I wrote that he was kinda, sorta wrong in Why and How Capitalism Needs to Be Reformed, Parts 1 and 2 but really, [...]Read More >
Thoughts from the Frontline: Ray Dalio Is Kinda, Sorta, Really Wrong - 06-10-2019
By John Mauldin June 7, 2019 “The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any [...]Read More >
Thoughts from the Frontline: Why Debt Won’t Spark Inflation - 05-29-2019
By John Mauldin May 25, 2019 Modern technology was supposed to make travel less necessary. We can meet by phone, video, and now in virtual reality. But we’re still traveling more than ever. I certainly am. The reason is simple: Technology can’t yet replace face-to-face conversation, and [...]Read More >
Thoughts from the Frontline: Takeaways from the SIC - 05-20-2019
By John Mauldin May 17, 2019 There are these two young fish swimming along, and they happen to meet an older fish swimming the other way, who nods at them and says, “Morning, boys, how’s the water?” And the two young fish swim on for a bit, and then eventually one of them looks over at the other [...]Read More >
Thoughts from the Frontline: Your Pension May Be Monetized - 05-14-2019
By John Mauldin May 10, 2019 One difficulty in analyzing our economic future is the sheer number of potential crises. When so much couldgo wrong (and really right, when the exponential technologies I foresee get here), it’s hard to isolate, let alone navigate, the real dangers. We are [...]Read More >
Thoughts from the Frontline: The Rules Will Change but That’s (Probably) OK - 05-7-2019
By John Mauldin April 19, 2019 “But the emperor has nothing at all on!” said a little child. “Listen to the voice of innocence!” exclaimed his father; and what the child had said was whispered from one to another. “But he has nothing at all on!” at last cried out all the people. The emperor was [...]Read More >