Money and Finance
- John Mauldin: The Theology Of Inflation
We begin this week with a simple pop quiz. Is inflation good or bad? Answer quickly. I’m sorry – your answer is wrong. Or rather, we can’t know if your answer is right or wrong because we are not sure what is meant by the question. We may...
- John Mauldin: O Deflation, Where Is Thy Sting?
The CPI was out this week, and it showed a continued drop in inflation. There were those who immediately pointed out that this vindicated the Fed’s move to QE2. We have to get ahead of this deflation thing, don’t we? Well, maybe, depending on how...
- Inflation? Deflation? It's All About 'meflation' - By Jason Zweig
Thanks to Will for passing this along.Inflation or deflation?Pick your poison, says Wall Street. Either Uncle Sam's borrowing binge will flood the system with money, leading to a replay of the 1970s as inflation eats away at your purchasing power....
- John Mauldin: Some Thoughts On Deflation
The debate over whether we are in for inflation or deflation was alive and well at the Agora Symposium in Vancouver this week. It seems that not everyone is ready to join the deflation-first, then-inflation camp I am currently resident in. So in this...
- Vaccinate Yourself Against 2014 Predictions With Silver Medals
Its prediction season! What will the market do? What will happen in economics? In the world? No one really knows but there sure are lots of people ready, willing, and able to give authoritative sounding predictions on what will happen in 2014. I follow...
Money and Finance
John Mauldin: First Deflation, Then Inflation. But the Timing…?
One of the more frequent questions I am asked in meetings or after a speech is whether I think we will have inflation or deflation. My ready answer is, “Yes.” Then I stop, which I must admit is rather fun, as the person who asked tries to digest the answer. And while my answer is flippant, it’s also the truth, as I do expect both outcomes. So the follow-up question (after the obligatory chuckle from the rest of the group) is for a few more specifics. And the answer is that I expect we will first see deflation and then inflation, but the key is the timing. Today we will examine that question in more detail, as we look at how interest rates could actually be negative (!!!) this week in German and Swiss bonds and why the US ten-year has dipped below 1.5%. The very poor May employment number needs some analysis, too, and we’ll check the prospects of a synchronized global slowdown. Rarely have I come to a Friday with so much data that simply begs for a more thorough look, but we will try to hit at least the most important topics.
- John Mauldin: The Theology Of Inflation
We begin this week with a simple pop quiz. Is inflation good or bad? Answer quickly. I’m sorry – your answer is wrong. Or rather, we can’t know if your answer is right or wrong because we are not sure what is meant by the question. We may...
- John Mauldin: O Deflation, Where Is Thy Sting?
The CPI was out this week, and it showed a continued drop in inflation. There were those who immediately pointed out that this vindicated the Fed’s move to QE2. We have to get ahead of this deflation thing, don’t we? Well, maybe, depending on how...
- Inflation? Deflation? It's All About 'meflation' - By Jason Zweig
Thanks to Will for passing this along.Inflation or deflation?Pick your poison, says Wall Street. Either Uncle Sam's borrowing binge will flood the system with money, leading to a replay of the 1970s as inflation eats away at your purchasing power....
- John Mauldin: Some Thoughts On Deflation
The debate over whether we are in for inflation or deflation was alive and well at the Agora Symposium in Vancouver this week. It seems that not everyone is ready to join the deflation-first, then-inflation camp I am currently resident in. So in this...
- Vaccinate Yourself Against 2014 Predictions With Silver Medals
Its prediction season! What will the market do? What will happen in economics? In the world? No one really knows but there sure are lots of people ready, willing, and able to give authoritative sounding predictions on what will happen in 2014. I follow...