Daily Comment
Daily Comment (October 28, 2019)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] Good morning and happy Monday! It was a busy weekend in front of a busy week. Here are the details: Baghdadi dead: The leader of Islamic State (IS), Abu Bakr al-Baghdadi, died over the weekend, killing himself with a suicide vest while… Read More »
Daily Comment (October 25, 2019)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] Happy Friday! Markets are trading quietly this morning. We are watching Johnson’s attempt to bring elections, China/U.S. trade talks, Syria reports and Argentine elections. And, the EU moves to standard time this weekend. Here are the details: Brexit: PM Johnson has called… Read More »
Daily Comment (October 24, 2019)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] Good morning! It’s a rather quiet day in earnings season. Mario Draghi holds his last meeting as president of the ECB, Boris Johnson waits for the EU and we have an update on Syria. Here are the details: ECB: The statement held… Read More »
Daily Comment (October 23, 2019)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] Good morning! An update on Brexit, Carrie Lam on the outs, trade update, Syria update and more on repo. Here are the details: Brexit: It was both a good and bad day for Boris. The good news is that his Brexit bill… Read More »
Daily Comment (October 22, 2019)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] Good morning! It’s rather quiet in the markets this morning. Trudeau wins another term, but not a majority. The Brexit saga continues. No government in Israel. Some background on Chile. Here are the details: Trudeau wins: PM Trudeau won another term but… Read More »
Daily Comment (October 21, 2019)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] Note: After a long hiatus, we have resumed podcasting. Our new series, titled The Confluence of Ideas, begins with an overview of “Hegemonic Stability Theory” (the program title links to our podcast page). Our plan is to record a new episode about… Read More »
Daily Comment (October 18, 2019)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] Note: After a long hiatus, we have resumed podcasting. Our new series, titled The Confluence of Ideas, begins with an overview of “Hegemonic Stability Theory” (the program title links to our podcast page). Our plan is to record a new episode about… Read More »
Daily Comment (October 17, 2019)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] The EU and the PM Johnson have a deal. Trade news continues. Interesting items emerging from the financial markets. Here are the details: Brexit: In the wee small hours of the morning (at least in the U.S.), EU and U.K. negotiators made… Read More »
Daily Comment (October 16, 2019)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] The IMF gives details on weakening global growth. Brexit is at a crossroads. Trade tensions with China remain. Update on Syria. The National League has its pennant winner; the Cardinals, meanwhile, have much in common with private equity. The latter spent billions… Read More »