Thoughts from the Frontline

Economic Denial

By John Mauldin

February 15, 2002

The Economy is Not the Stock Market
Threat Numero Uno
The Frog in the Outhouse
The Deadly Sin of Denial
Working the Night Away

Reader response to my prediction that we are in the Muddle Through Economy has been interesting. While most readers seem to agree, a few think I am being too pessimistic and we are poised for a boom and many of you think we are headed for a far worse economic scenario.

Today I am going to address what I believe is the number one threat to that prediction, not to mention the number one threat to the world economy. There is a lot to cover, so we'll dive right in.

The Economy is Not the Stock Market

First, let me respond to a number of letters I have gotten over the last month. I want to make clear that just because…

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