Monthly Archives: May 2017


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 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 […]


3Notes: The American Debt Bomb

The Great Recession tested all conventional wisdom in monetary policy in a crisis. That wisdom stated that central bankers should restrict the flow of money when economies are growing too quickly and expand the money flow when growth slows to artificially prop up the economy. What, then, when that money […]