Connecting the Dots, May 2018

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Connecting the Dots, Patrick Watson’s online newsletter, now lives exclusively on the Mauldin Economics website.

Please bookmark this page so you can always find his latest take on the geopolitical, cultural, and technological forces decentralizing and disrupting the global economy.

Fear, Starbucks, and FDR

May 22, 2018

Financial markets move when humans (or machines programmed by them) decide to buy or sell. In theory, these decisions are rational, but in reality, they’re often driven by emotions.

Overheated Highways

May 15, 2018

This month, my wife and I drove from Austin to Memphis. Going across Arkansas on I-30 and I-40, the number of trucks seemed quite high.

Moving Millionaires

May 8, 2018

You’ve heard the old line about three kinds of falsehoods: lies, damned lies, and statistics. All three are easy to find on the Internet.

Capitalism Can’t Work Without Losers

May 1, 2018

Those who support free-market economics say it is the best, most efficient path to maximum prosperity for everyone.