Daily Comment
Daily Comment (November 30, 2017)
by Bill O’Grady and Thomas Wash [Posted: 9:30 AM EST] There was a lot of overnight news, but below are the stories we are following today: Trade war with China? The U.S. has formally declined China’s bid to be treated as a market economy within the World Trade Organization (WTO). The move will likely heighten tensions… Read More »
Daily Comment (November 29, 2017)
by Bill O’Grady and Thomas Wash [Posted: 9:30 AM EST] Although yesterday was a news-heavy day, financial markets are relatively calm following North Korea’s missile launch and an upward revision to GDP. Below are the stories we are following: Nuclear North Korea: Yesterday, North Korea had its most successful missile launch and says it is capable… Read More »
Daily Comment (November 28, 2017)
by Bill O’Grady and Thomas Wash [Posted: 9:30 AM EST] Financial markets are relatively quiet this morning. We are watching the following news events: Senate tax bill: Today, the Senate’s tax reform bill awaits approval from the Senate Budget Committee. Although approval from the committee is usually a formality, there is growing speculation that the bill… Read More »
Daily Comment (November 27, 2017)
by Bill O’Grady and Thomas Wash [Posted: 9:30 AM EST] Financial markets are a bit weaker this morning—equities are signaling a softer open, while Treasuries have slightly rebounded. This morning we are focused on the following issues. Grand coalition in Germany? In order to form a government, the CDU has agreed to pursue a grand coalition… Read More »
Daily Comment (November 22, 2017)
by Bill O’Grady and Thomas Wash [Posted: 9:30 AM EST] As a reminder, we will not publish the Daily Comment this Friday, November 24. Although financial markets are quiet, there was a good bit of news. Here’s what we are watching: Yield curve flattening: Yesterday, the U.S. yield curve flattened to its lowest point since November… Read More »
Daily Comment (November 21, 2017)
by Bill O’Grady and Thomas Wash [Posted: 9:30 AM EST] Happy Thanksgiving week! We want to pass along a heads up that the Daily Comment will not be published this Friday, November 24. Although financial markets are quiet, there was a good bit of news. Here’s what we are watching: Merkel leans toward new elections: Yesterday,… Read More »
Daily Comment (November 20, 2017)
by Bill O’Grady and Thomas Wash [Posted: 9:30 AM EST] Happy Monday and Happy Thanksgiving week! We want to pass along a heads up that the Daily Comment will not be published this Friday, November 24. Here’s what’s going on this morning: Coalition talks collapse: Chancellor Merkel has been unable to pull together a coalition consisting… Read More »
Daily Comment (November 17, 2017)
by Bill O’Grady and Thomas Wash [Posted: 9:30 AM EST] Global equity markets are mostly steady to higher this morning. The EuroStoxx 50 is flat from the last close. In Asia, the MSCI Asia Apex 50 closed up 0.8% from the prior close. Chinese markets were lower, with the Shanghai composite down 0.5% and the Shenzhen… Read More »
Daily Comment (November 16, 2017)
by Bill O’Grady and Thomas Wash [Posted: 9:30 AM EST] After a few days of risk concerns, equity markets are “in the green” this morning. The dollar and Treasury yields are higher. Here is what we are watching this morning: The tax bill: The House is expected to pass its version of the tax bill today. … Read More »