DFAC - Firing On All Cylinders
- The American economy is roaring ahead. There are 3 rivers of money pouring into it. It is worth noting now just where all of this new stimulus money will be spent.
- My advice is just to hop on and enjoy the ride. Sure, it will end someday, but not today and not for the foreseeable future, as America’s monetary policy opens the floodgates for an unbelievable amount of cascading cash.
- The Fed, in releasing the results of its annual stress test, said all 23 institutions in the 2021 exam remained “well above” minimum required capital levels during a hypothetical economic downturn.
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Firing On All Cylinders