Daily Comment
Daily Comment (September 1, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment will contain three themes: 1) Why Thursday’s inflation report is unlikely to change central banks’ rate decisions later this month; 2) How China’s new map complicates its effort to build a coalition of emerging economies to challenge the… Read More »
Daily Comment (August 31, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment has three main themes: 1) Why markets are rethinking expectations that the U.S. was in recovery; 2) How regulators are looking to rein in banks with new regulations; and 3) How El Niño may be a problem for… Read More »
Daily Comment (August 30, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with U.S. news, including yesterday’s blockbuster court decision that boosted cryptocurrency prices and a couple of words on the labor market data that boosted stocks. We next review a wide range of other international and U.S. developments with… Read More »
Daily Comment (August 29, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with concerns about a new El Niño event that could further boost global food prices and other global data showing a decline in alternative investments. We next review a wide range of other international and U.S. developments with… Read More »
Daily Comment (August 28, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with a review of Federal Reserve Chair Powell’s address to the Kansas City FRB’s symposium in Jackson Hole on Friday. We next review a wide range of other international and U.S. developments with the potential to affect the… Read More »
Daily Comment (August 25, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment will be split into three main topics: 1) What investors will be looking for in Fed Chair Jerome Powell’s speech at Jackson Hole; 2) How China is using BRICS as a way to challenge the U.S. and its… Read More »
Daily Comment (August 24, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment focuses on three major themes: 1) Why mixed data shows that it is too soon to rule out the possibility of a recession; 2) How the GOP debates may be more important than people realize; and 3) Why… Read More »
Daily Comment (August 23, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning from a blistering hot St. Louis! It’s the “dog days” of August, and as we noted above, U.S. equity futures are pointing to a higher open. Unfortunately, we have been experiencing this pattern recently, where we see stronger futures overnight… Read More »
Daily Comment (August 22, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment opens with a curtain-raiser for the BRICS summit starting today in South Africa. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including news of growing trade ties… Read More »