Daily Comment
Daily Comment (June 30, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] U.S. risk assets are little changed today as encouraging economic data out of China is being largely offset by reports of renewed coronavirus outbreaks and lockdowns in many key U.S. states and some foreign localities. At the same time, geopolitics are rising… Read More »
Daily Comment (June 29, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] Good morning, and happy Monday! U.S. equity futures are currently pointing to a modest rise in a holiday-shortened week. We update the COVID-19 news. In foreign news, we cover the Poland elections and a new government in Ireland. The end of stimulus… Read More »
Daily Comment (June 26, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] The 13th episode of the Confluence of Ideas podcast is available; it is our first in a series of episodes on the November elections. Additionally, there is something new! As usual, we have a new Asset Allocation Weekly in today’s report (which… Read More »
Daily Comment (June 25, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] The 13th episode of the Confluence of Ideas podcast is available; it is our first in a series of reports on the November elections. Good morning, all. Lots going on today. For the second consecutive day, we are starting with weaker equity… Read More »
Daily Comment (June 24, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] Good morning! The 13th episode of the Confluence of Ideas podcast is available; the topic is the first in a series of episodes on the November elections. Equity futures are lower this morning; market talk suggests it’s due to rising COVID-19 infections,… Read More »
Daily Comment (June 23, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] Good morning! The 13th episode of the Confluence of Ideas podcast is available; the topic is the first in a series of episodes on the November elections. U.S. equity futures are higher again this morning, with the rest of the world rising… Read More »
Daily Comment (June 22, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] Good morning and happy Monday. U.S. equity futures are higher this morning, while Europe is lower. Treasuries yields are lower, as well as the dollar, while gold is up. EU leaders are talking to Chairman Xi today; the new security law passed… Read More »
Daily Comment (June 19, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] Good morning and happy Friday! U.S. equity futures are higher this morning as optimism over the economy continues to rise. China remains in the news. The forbearance being offered by lenders is having an adverse impact on the industry designed to deal… Read More »
Daily Comment (June 18, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] Good morning! U.S. equity futures are weaker this morning, but off the worst levels of the overnight session. Our usual commentary on COVID-19 is available. We cover a myriad of policy issues this morning, including global taxes and the increased scrutiny facing… Read More »