
Connecting the Dots
You don't need pristine conditions to make money—that's the takeaway readers get from Patrick Watson's free letter, Connecting the Dots. It dives deep into current US and world events, and investigates how you can leverage them to your advantage.
Latest Articles


- August 19, 2025
Does the Fed Matter Any More?
Almost everyone thinks the Fed will cut rates next month because job growth is weakening
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- July 15, 2025
Dissecting the TACO
Normally, any one person’s decisions have little economic effect… but we’re not in normal times.
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- June 17, 2025
Immigration Amnesty?
Here’s something I don’t say often: President Trump is right.
Read moreFree Financial Newsletter
Every week, Patrick Watson clues investors in to the geopolitical, cultural, and technological forces disrupting the global economy.
Published every Tuesday.

Recent Articles
Every Trump Trade Deal Is Temporary
- May 20, 2025
The Fed Can’t Save You This Time
- April 15, 2025
The DOGE Recession?
- March 18, 2025
Eggflation Now, Milkflation Soon
- February 18, 2025
The Recession You Missed
- January 21, 2025
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Patrick Watson
Editor, Connecting the DotsPatrick Watson is a compulsive trend-observer and John Mauldin's senior economic analyst. He and John first began collaborating around 30 years ago, and he contributes research and ideas to John's wildly popular weekly e-letter, Thoughts from the Frontline. When John needs to make sense of the senseless, Patrick is often the first person he looks to.