Macro


3Dollars: “Fire and Fury” Rekindles Volatility

President’s Remarks Bring Panic, Price Drops President Trump responded to reports of North Korea’s nuclear missile threats with strong language. As the world anticipates kinetic conflict, market volatility spiked. $1 U.S. markets are down sharply as the world digests the conflict between America and North Korea. President Trump promised “fire […]

Volatility increase

Bank Stress Test Pass

3Dollars: End of the Hiatus, Stress Tests Complete

Markets are reacting to a plethora of news, chiefly the Fed’s stress tests. Bank stocks soared on the banking sector’s unanimous passing of the stress tests. World news also affecting markets…


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 […]

Trump Paris Withdrawal Climate

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 […]


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 […]


3Dollars: April 25, 2017

The market bonanza continued today, with the Dow adding well over 400 points over the last two days. Let’s look into this massive breakout. $1 France’s election results have boosted global trading. Emmanuel Macron and Marine Le Pen emerged as finalists for France’s Presidential election, a momentous occasion for several […]


3Dollars: April 18, 2017

Mixed bank results, UK’s snap election, U.S. markets slide Markets fell again as tensions between the U.S. and North Korea continue along with some volatility in markets domestically. Let’s look a bit deeper… $1 Goldman Sachs reporting trading numbers far weaker than expected. Bond trading has increased significantly for most […]