Daily Comment
Daily Comment (January 25, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with an apparent agreement between the U.S. and Germany that will unlock the transfer of advanced tanks to Ukraine. We next review a wide range of other international and U.S. developments with the potential to affect the financial… Read More »
Daily Comment (January 24, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with some positive economic news out of Europe where the January flash composite PMI unexpectedly swung above the level of 50, indicating a return to growth. We next review a wide range of other international and U.S. developments… Read More »
Daily Comment (January 23, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with multiple reports out of Asia. Even though China is largely shut down this week because of the Lunar New Year holiday, several news items today reflect how its growing military strength and aggressiveness are having an impact… Read More »
Daily Comment (January 20, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Today’s Comment begins with a discussion about how investors’ expectations of the Fed’s rate hikes are impacted by a possible recession. Next, we give our thoughts about U.S. foreign and domestic policy. Finally, we review the latest developments from China.… Read More »
Daily Comment (January 19, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Today’s Comment begins with the market’s reaction to Wednesday’s economic data. Next, we discuss why central banks are now pushing for smaller rate hikes. We end the report with our thoughts about the recent developments in tech and crypto. A… Read More »
Daily Comment (January 18, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with an upward revision in the International Energy Agency’s forecast for global oil demand this year, which is giving a boost to oil prices so far this morning. We next review a wide range of other international and… Read More »
Daily Comment (January 17, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with a slew of reports related to China and its recent shift toward supporting domestic economic growth and easing tensions with the West. We next review a wide range of other international and U.S. developments with the potential… Read More »
Daily Comment (January 13, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Today’s Comment begins with a discussion on whether the Fed is close to ending its rate-hiking cycle. Next, we explain why changes to Japan’s controversial yield-curve-control policy pose a risk to the international financial system. The report ends with our… Read More »
Daily Comment (January 12, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Today’s Comment begins with our thoughts on the latest Consumer Price Index report and its implications for Fed policy. Next, we discuss the impact that China’s reopening is having on markets. The report concludes with our thoughts on Germany’s response… Read More »