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Latest Issue

Postcards from the Frontline

By John Mauldin

March 27, 2020

Federal Reserve: $5 Trillion Heading to $10 Trillion
The Problem with Models and Assumptions
The Cavalry Is on the Way
Speaking of Mortality Rates
Federal Budget Deficits: To $30 Trillion and Beyond
The Unintended Consequences of Doing Good
Tens of Millions of Unemployed
The Post-Virus New Normal
Staying in Puerto Rico and Amanda

Unprecedented events are happening so fast, I barely know where to start. But let’s begin with a small one, noticeable perhaps only to me.

Over the years I’ve received thousands of reader emails responding to my letters. I read and appreciate them all, even the critical ones. Often the readers mention where they were when reading my letter. They read me on planes, trains, golf courses, beaches, campgrounds, limos, offices, hotels, and everywhere else you can imagine.

But today, I can confidently predict almost all of you will read this letter… at home.

At least, I hope you are home. And I hope your home is comfortable because you may be there awhile. I’m in the same position, at home in Puerto Rico. We’re safe and well stocked for now.

With the economic and market situation changing by the day, I decided to approach this letter a little differently. Rather than go deep on one topic, I’ll share brief bullets on the many points swirling in my mind. Think of it as Postcards from the Frontline. These will be in no particular order and may generate even more questions.

But that’s the world as it is now: many questions, few answers.

Before we begin, here’s a way to find some answers, at least. We at Mauldin Economics have decided to give every one of our readers a complimentary three-month subscription to our healthcare investment advisory Healthy Returns. Just click this link and enter your best email address – no strings attached and no credit card required.

We all should...

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