Daily Comment
Daily Comment (February 9, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Our Comment today opens with news of a concerning computer hack on a public utility in Florida. We discuss more evidence that the Biden administration is focused on building international alliances against Chinese geopolitical aggression, along with more signs of… Read More »
Daily Comment (February 8, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Good morning, and Happy Monday! Congrats to Tampa Bay. U.S. equity futures continue to tick higher. Our coverage this morning starts with economic and policy news. Updates on Europe come next, followed by an overview of international news—we touch on… Read More »
Daily Comment (February 5, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Good morning. U.S. equity futures are higher this morning, the yield curve has steepened, and oil prices have risen as optimism grows over another round of fiscal stimulus. We begin our discussion with possible student loan forgiveness and an update… Read More »
Daily Comment (February 4, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Good morning. U.S. equity futures are modestly higher this morning. We begin our coverage with a look at tomorrow’s non-farm payroll report and why it could be a rather deceptive blowout. The next stop is international news, including a discussion… Read More »
Daily Comment (February 3, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Our Comment today opens with a quick update on the Reddit-related trading frenzy, but it then pivots to key European news, including former ECB chief Mario Draghi’s agreement to try to form a new government in Italy. That development has… Read More »
Daily Comment (February 2, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Our Comment today opens with key trade and international news, including an important sign of where the Biden administration will go with the protectionist trade policies it inherited from the Trump administration. Eurozone economic activity held up better than anticipated… Read More »
Daily Comment (February 1, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Good morning and welcome back from the weekend. Lots going on, but first, equity futures have turned higher, and the Northeast is getting some snow. Our coverage leads off with the coup in Myanmar. Russian protests follow. The continuing saga… Read More »
Daily Comment (January 29, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Good morning. Global equities are lower this morning as the spread of a new variant of the virus and COVID-19 vaccine production delays continue to worry investors. We begin our coverage with a discussion of new developments in the Reddit… Read More »
Daily Comment (January 28, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Good morning. A lot is going on in the world; equity futures were down most of the night but are crawling back to unchanged. We lead off with a recap of the first Fed meeting of the year, followed by… Read More »