The Federal Reserve Bank of San Francisco offers an informative look at the history of U.S. currency. From 1690 to the present you can track how we got started and the how monetary system has evolved. View it at the Federal Reserve website here.
Mark Grant, Hilltop Securities, explains how the Central Banks have increased their balance sheets, resulting in higher equity prices and lower bond yields. See this short CNBC interview here.
Brian Wesbury, First Trust, notes the Atlanta Fed’s “GDP Now” model, which tracks and estimates real GDP growth, says the economy is expanding at a 3.8% annual rate in Q3. In his recent commentary, Wesbury shows why his models agree and what this momentum can mean for future growth. Read his commentary here.
