The Fed


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…

Bank Stress Test Pass

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┬áThe Fed’s minutes overall confirmed suspicions that […]


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 […]