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There is a reason I call this column Outside the Box. I try to get material that forces us to think outside our normal comfort zones and challenges our common assumptions. And this week's letter from Hoisington Investment Management Company does just that. Let me give you two quotes to pique your...
Posted to
John Mauldin's Outside the Box
by
John Mauldin
on
01-19-2009
Filed under:
Filed under: The Fed, Dr. Lacy Hunt, Van Hoisington, GDP, Consumer Spending, Interest Rates, Household Wealth, Monetary Policy, Hoisington Management, Velocity, T-Bills
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This week's Outside the Box is from my friends at Hoisington Management. While somewhat technical, they make the case that a slowdown in consumer spending is inevitable. This is worth taking some time and thinking about. Quoting: "This means that consumer spending increases should be approximately...