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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.

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Latest Articles

Vaccines and Inflation Risk

May 17, 2021

Vaccines and Inflation Risk

Yay, no more masks… sort of. New CDC guidance says the 37% of Americans who are fully vaccinated can safely stop masking most of the time.

About that Labor Shortage

May 10, 2021

About that Labor Shortage

I have a childhood memory of Sesame Street’s little song, “One of these things is not like the other.” It was a useful lesson: Some things just don’t fit, and you can’t force them.

Capital Gains Problem

April 26, 2021

Capital Gains Problem

I saw a funny-but-true meme last week. It was about the food we grow.

Vaccine-Driven Boom May Fizzle

April 19, 2021

Vaccine-Driven Boom May Fizzle

The narrative is nice to imagine: The US economy will grow fast in 2021 as we beat the coronavirus and everyone shops freely, travels widely, and hugs random strangers.

Vaccine Passports and the Economy

April 5, 2021

Vaccine Passports and the Economy

A distressing aspect of the pandemic—aside from the sickness, death, and recession—is the way it turned into a political and social wedge.

Light from the Shadows

March 22, 2021

Light from the Shadows

Light and dark are opposites, but not equal. Light always wins. Introduce just a little light into a cave, and it’s not dark anymore.

Biden’s COVID Bill Has a Giant Economic Surprise

March 15, 2021

Biden’s COVID Bill Has a Giant Economic Surprise

Last week President Biden signed the $1.9 trillion “American Rescue Plan” into law. Together with other packages passed under former President Trump, the federal government has now spent, or agreed to spend, about $5 trillion on pandemic-related programs.

American Jobs Mirage

March 8, 2021

American Jobs Mirage

The latest US monthly jobs data showing employers created 379,000 new jobs in February generated much celebration and, for those who fear inflation, a little fear.

When Texas Went Back in Time

February 22, 2021

When Texas Went Back in Time

Finding yourself in the middle of national news is rarely good. But I did last week as much of Texas went dark and thirsty in a major winter storm.

Bitcoin Will Never Be Money

February 15, 2021

Bitcoin Will Never Be Money

The Bitcoin digital currency’s dollar price is hitting new highs. Good news if you own some.

Economics Explains Why Vaccinations Are Hard

February 8, 2021

Economics Explains Why Vaccinations Are Hard

When your roof is in flames, you don’t shop for the most convenient and low-priced fire department. Others already made that choice for you.  

What’s the Worst that Could Happen?

January 25, 2021

What’s the Worst that Could Happen?

“Never tell me the odds,” said Han Solo to C-3PO as he deftly navigated through the asteroid field. They made it. But The Empire Strikes Back was a movie. SARS-CoV-2 is real.

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Published every Tuesday.

Connecting the Dots
Connecting the Dots
Patrick Watson

Patrick Watson

Editor, Connecting the Dots

Patrick 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.

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