Trump Paris Withdrawal Climate

3Dollars: Death to Paris Accord, Life to Markets

President Trump pulls the US out of the Paris Climate Accord; Markets Up Today, despite a torn inner circle, President Trump announced his decision to pull out of the Paris agreement. World leaders quickly condemned Trump’s action, with Emmanuel Macron calling the agreement “irreversible”.  Markets took the news surprisingly well with other […]


3Dollars: May 30, 2017

Markets Retreat on Financial, Energy Sectors’ Weakness $1 US markets declined today, led by financial sector woes.  Goldman Sachs ($GS) and JP Morgan ($JPM) both gave up more than 1.5% today amid uncertainty over tax reform and financial deregulation. Previous legal losses suffered by the administration on executive orders damps […]

May 30 Market Retreat Financials Energy

3Dollars: Fed Minutes and the AHCA

May 24 was big day in the news. Continued fallout from the UK terror attack, the release of the Fed minutes from their May 3 meeting, and the Congressional Budget Office (CBO) scores for the AHCA were released. Here are my major takeaways. $1 The Fed’s minutes overall confirmed suspicions that […]


3Notes: Market Corrections 2

As I briefly alluded to here, market corrections happen… and are a regular part of life.  We saw last week that markets are subject to movements as a result of non-fundamental information, like allegations that President Trump leaked unreleasable information to the Russians. With the added allegation that he fired […]


3Dollars: May 18, 2017

The day after the blood bath that was the U.S. markets, here’s what I’m looking at… $1 The Dow and S&P dropped just short of 2% and the Nasdaq fell over 2.5% on news of President Trump releasing classified information to the Russians which was not cleared for release. This […]


3Dollars: May 15, 2017

The markets responded well to international news, led by oil. Here’s what we know… $1 Russia and Saudi Arabia agreed to extend oil output limits through 2018, potentially propping up future oil prices. Oil stocks led the way to records today. $2 A major hack occurred last week on multiple […]


3Dollars: May 9, 2017

Markets closed slightly down as investors digest several factors, like the French election, oil rig counts, the South Korean election, the after hours firing of FBI Director James Comey, etc etc. Here’s what I can glean…. $1 The secondary and tertiary effects of Macron’s election will be quiet and resounding […]


The French election will occur Sunday, an expected victory for Emmanuel Macron and projected blueprint to defeating populist candidates (Ms Le Pen). A positive result could lift markets.