Daily Comment
Daily Comment (June 16, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with a discussion on how the expiration of options contracts may place downward pressure on equities. Next, we explain why equity investors are still not convinced that central banks will not cut rates this year. Lastly, we… Read More »
Daily Comment (June 15, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with a discussion on the Federal Reserve’s latest interest rate decision. Next, we review the latest central bank policies in the eurozone and China. Lastly, we end with why recent developments in the Middle East and Europe… Read More »
Daily Comment (June 14, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with updated oil demand and supply forecasts from the International Energy Agency. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including more signs of faltering… Read More »
Daily Comment (June 13, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with plenty of China news, including signs of an investor exodus from the country and efforts by the central bank to boost economic growth. We next review a wide range of other international and U.S. developments with the… Read More »
Daily Comment (June 12, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with a couple of quick notes on the war in Ukraine and Russia’s relationship with the United States. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets… Read More »
Daily Comment (June 9, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with our thoughts on the future path of interest rates and why we still believe that the hype surrounding artificial intelligence is far from over. Next, we examine the struggles of the West to address the growing… Read More »
Daily Comment (June 8, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with our thoughts on the reasons that central bankers may have for not being finished with rate hikes. Next, we explain the possible liquidity issue in international markets. Lastly, we discuss why a possible BRICS currency is… Read More »
Daily Comment (June 7, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with new, upgraded forecasts for global economic growth from the World Bank. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including a big slide today… Read More »
Daily Comment (June 6, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with news that a major venture-capital business, Sequoia Capital, is splitting up into components that largely reflect the global fracturing that we’ve been talking about for so long. We next review a wide range of other international and… Read More »