Daily Comment
Daily Comment (July 21, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with an explanation of why today could be a rocky day for markets. Next, we will discuss two major developments that may reshape international finance. Finally, we will share our thoughts on the Spanish elections occurring on… Read More »
Daily Comment (July 20, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with our concerns about the banking sector. We then discuss how the war in Ukraine and El Niño could impact Fed policy. Finally, we explain why the recent improvement in U.S.-China relations may be short-lived. Deposit Flight:… Read More »
Daily Comment (July 19, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with good news on consumer price inflation in the United Kingdom, which has helped push down bond yields so far this morning. We next review a wide range of other international and U.S. developments with the potential to… Read More »
Daily Comment (July 18, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with news that the U.S. is sending more military forces to the Middle East to counter Iranian mischief there. We next review a wide range of other international and U.S. developments with the potential to affect the financial… Read More »
Daily Comment (July 17, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with several items related to China. As usual, the trend remains negative. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including further efforts by the… Read More »
Daily Comment (July 14, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Today’s Comment begins with a discussion about a possible shift in Fed policy. Next, we give an update on the latest stories surrounding artificial intelligence. Lastly, we end the report detailing the possible ramifications of the breach in the price cap on… Read More »
Daily Comment (July 13, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Today’s Comment begins with our thoughts about the better-than-expected inflation report. Next, we explain how tight policy abroad may impact domestic economies. Lastly, the report discusses how tensions within NATO may not necessarily doom the military alliance. Inflation Cools: Investors are hopeful… Read More »
Daily Comment (July 12, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with notes on global asset allocation strategy among hedge funds and new developments in the global race for electric-vehicle minerals. We next review a wide range of other international and U.S. developments with the potential to affect the… Read More »
Daily Comment (July 11, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with news that Turkey has agreed to support Sweden’s accession to NATO, creating an even more formidable military bulwark in response to Russia’s invasion of Ukraine. We next review a wide range of other international and U.S. developments… Read More »