Daily Comment
Daily Comment (September 7, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment will be broken down into three sections: 1) How the rising U.S. dollar is impacting other countries; 2) How political fracturing in Spain and Brazil is representative of a global trend; and 3) What trade and investment flow… Read More »
Daily Comment (September 6, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning. Risk markets are under pressure again this morning, with rising Treasury yields raising investor fears. Rising interest rates are also lifting the dollar. The JPY is challenging recent lows, and traders are watching for central bank intervention. In today’s Comment,… Read More »
Daily Comment (September 5, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with Chinese economic news. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including shocking new revelations about corruption in Mexico and unsettling news that the… Read More »
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 »