Daily Comment
Daily Comment (April 26, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! It’s a mixed market this morning after a rough day yesterday. The dollar and interest rates are lower, while S&P futures were higher but have seen gains erode as the morning wears on. In today’s Comment, we open with President… Read More »
Daily Comment (April 25, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with a leading global investor’s view on the economic implications of climate change and the world’s responses to it (spoiler: the result is more inflation). We next review a wide range of other international and U.S. developments with… Read More »
Daily Comment (April 24, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with new data showing how China’s post-pandemic economic reopening is boosting its imports from other countries, including Australia. 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 (April 21, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with a discussion about the growing popularity of generative artificial intelligence. Next, we give our thoughts on crypto’s sudden resurgence this year. Lastly, we review the latest developments in the race for clean technology and how they… Read More »
Daily Comment (April 20, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with a discussion about concerns regarding bank lending. Next, we explain why stubborn inflation has led to greater scrutiny of the central banks. Lastly, we give our thoughts on supply chain efficiencies and the performance of the… Read More »
Daily Comment (April 19, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with several new initiatives in European economic policy, including subsidies for semiconductor manufacturing and a tax on imports tied to greenhouse gas emissions. We next review a range of other international and U.S. developments with the potential to… Read More »
Daily Comment (April 18, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with a couple of big-picture views on the global economy and a key commodity market. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including stronger-than-expected… Read More »
Daily Comment (April 17, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with an apparent assassination attempt against Japanese Prime Minister Kishida. Although Kishida escaped unharmed, the security failure raises concerns for leaders attending the Group of Seven summit in Japan next month. We next review a wide range of… Read More »
Daily Comment (April 14, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with the market’s reactions to the reduction of supplier price pressures in March and last week’s jump in unemployment claims. Next, we give our thoughts on commercial real estate and its potential threat to the economy. Finally,… Read More »