Thoughts from the Frontline

Under the ‘Macro-Scope’

By John Mauldin

August 9, 2002

Under the ‘Macro-Scope’
Greenspan and deflation
Did someone say ...spiral???
The wild card ...OIL
Bonds and the Buck…
all say the same thing ...EASE

This week I have asked Greg Weldon, whom I frequently refer to, to give us a few examples of how seemingly different economic trends actually fit together, like pieces of a puzzle. If you can figure out how the puzzle pieces fit, you can develop ideas to profit from the picture they create. Greg is very good at seeing economic relationships and finding ways to make money from theme.

Every day, Greg gets up at 3 am and starts to work, so that by the time I come in, I usually have my first letter from him. He typically writes 3 investment letters each day, analyzing macro-economic trends and showing his clients how to profit from them. His clients are mostly hedge funds and large institutional traders who pay $400 per month. I find his analysis to be some of the most useful and on target letters I read anywhere.

As part of his examples, I asked him to give you one trend that he sees working today, and a way to invest in that trend, if you agree with his analysis.

I want to thank Greg for stepping in for me this week, and I will be back from vacation next week, fresh and ready to write. Now let's see what Greg is going share with us.

UNDER THE…

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