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February 2011



John Mauldin: An Improving Economy, But Where Are the Jobs?

February 21, 2011 – Comments (11)

Mauldin's newest letter is a very good read. To be clear and fair, he points out the bullish economic developments (and there continue to be many). Many of the manufacturing surveys (ISM, Empire, Philly, etc.) still show improving conditions that are on uptrends. But the fact that this is occuring without an increase in jobs is disconcerting. He also digs into this topic a bit deeper, and it is worth highlighting  [more]

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