Semi-Annual U.S. Economic Outlook: Collapsing On Schedule Excerpted from the December 2008 edition of A. Gary Shilling’s INSIGHT The recession is now running on all four cylinders. We’re referring to the four phases of the downturn that we identified much earlier and discussed in numerous Insights. Phase 1, the collapse…
…any of us would subscribe. [By snow-white capitalism, I mean the perfectly competitive free market backed up by the rule of law.] Hurwicz proved this from First Principles, and he also demonstrated how virtually any other resource allocation system (including communism and central planning) will not be compatible with these…
…that will let you subscribe to Real Vision TV for $295/year instead of the regular $400. Consider it a nice dinner on us and a chance to tap into mind-blowing conversations with some of the brightest minds in finance… whenever you’re in the mood. I want to say congratulations to…
2011 Investment Strategies: 9 Buys, 9 Sells (Excerpted from the January 2011 edition of A. Gary Shilling’s INSIGHT) As in the past, our investment strategies for 2011 are driven by our forecasts for the economies and financial markets here and abroad. In our view, the overarching reality that will dominate…
STRATFOR’s 2011 Second Quarter Forecast In our 2011 annual forecast, we highlighted three predominant issues for the year: complications with Iran surrounding the U.S. withdrawal from Iraq, the struggle of the Chinese leadership to maintain stability amid economic troubles, and a shift in Russian behavior to appear more conciliatory, or…
2010 Investment Strategies: Six Areas To Buy, 11 Areas To Sell By Gary Shilling (excerpted from the January 2010 edition of A. Gary Shilling’s INSIGHT) Our investment strategies for 2010 follow from our forecast of continued economic weakness and deflation, as discussed earlier in this report and in previous Insights,…
Long-Term Outlook: Slow Growth And Deflation (excerpted from the March 2009 edition of A. Gary Shilling’s INSIGHT) From 1982 until 2000, the U.S. economy enjoyed rapid growth with real GDP rising at a 3.6% average annual rate. Furthermore, this 18-year expansion, which cumulated to an 89% rise in inflation-adjusted economic…
listeningin Trapped Greatest Moral Hazard, Says Paul McCulley, Is Austerity Here And Now Is Paul McCulleyfeeling liberated by his retirement from Pimco? A mere glance at the accompanying likeness, drawn from a snapshot I took of him at “Kamp Kotok” (Cumberland Advisors’ annual Maine economic conference and fishing party) in…
…free, and you can subscribe at www.MauldinEconomics.com. And feel free to send this letter on to your friends and associates – I hope it will spark a few interesting conversations. The End of Growth? There is a school of thought that sees the first and second industrial revolutions as having…
John Mauldin
John Mauldin