This week I came across two items that I think are worthy of being in Outside the Box, so I am going to give you both. The first is an essay by good friend Paul McCulley, Managing Director of PIMCO, called "Saving Capitalist Banking from Itself." The second is a recent speech by Paul Volker...
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John Mauldin's Outside the Box
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John Mauldin
on
02-23-2009
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Filed under: The Fed, Paul McCulley, Banks, Government, Pimco, Bank Failures, Bailout, Economic Crisis, Minsky, Economic Policy, Paul Volker
Yesterday I sent you an Outside the Box from Paul McCulley who supports the government and Fed activity (in general) in the current economic crisis. Today we look at an opposing view from Bennet Sedacca of Atlantic Advisors. He asks some very interesting questions like: Shouldn't the consumer, after...
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John Mauldin's Outside the Box
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John Mauldin
on
01-07-2009
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Filed under: Mortgage, Housing, The Fed, Subprime, Interest Rates, Portfolio Diversification, Consumer Debt, Financial Reform, Fannie Mae, Freddie Mac, Bank Failures, Corporate Debt, Bennet Sedacca, Bailout, Bear Market, FOMC, Economic Crisis, T-Bills
There is an ongoing debate on the current nature of the economic environment and what should the response be by government. Today's Outside the Box by Paul McCulley takes up one view, arguing that we need a federal response and stimulus package to protect the overall economy and save capitalism from...
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John Mauldin's Outside the Box
by
John Mauldin
on
01-06-2009
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Filed under: The Fed, Deflation, Politics, Ben Bernadke, Paul McCulley, Government, Pimco, Bailout, TARP, Economic Crisis, Welfare, Socialism, Minsky
Retail Sales Take a Dive Accounting for Inflation The Fed at the Crossroads Sell in May and Go Away South Africa, Flowers, and On the Road Is the economy poised for a recovery, as the stock market seems to expect? Or are we in for another few more quarters of recession and/or slow growth? In this week's...