Daily Comment
Daily Comment (February 15, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with a new forecast indicating that global oil demand is expected to rebound to a record high in 2023. We next review a wide range of other international and U.S. developments with the potential to affect the financial… Read More »
Daily Comment (February 14, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with two key developments in European Union economic policy, including a suggestion that the European Central Bank will tighten monetary policy more than expected and the passage of a new law that will ban the sale of gasoline-powered… Read More »
Daily Comment (February 13, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with a number of observations regarding China’s relations with the rest of the world, driven by the wave of Chinese surveillance balloons belatedly discovered in North American airspace (although we don’t delve into why the North American Defense… Read More »
Daily Comment (February 10, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Today’s Comment begins with Russia’s latest response to the Western price cap and sanctions. Next, the report discusses what the deepening yield curve says about the financial market. The report concludes with our thoughts on the likely new Governor of… Read More »
Daily Comment (February 9, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Today’s Comment begins with our thoughts on a report written by Seymour Hersh concerning the explosions that damaged the Nord Stream pipelines. We next share our view on the market’s switch in sentiment regarding central bank hawkishness. Next, we discuss the dollar’s… Read More »
Daily Comment (February 8, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with the latest on the spiraling of tensions between the U.S. and China. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including news that the… Read More »
Daily Comment (February 7, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with news that yesterday’s earthquakes in Turkey have closed a major oil exporting terminal, pushing up global prices. 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 (February 6, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with a few words on last week’s Chinese spy balloon incident and Chinese support for Russia’s war in Ukraine, which together are likely to worsen the spiral of tensions between the U.S. and China and put investors at… Read More »
Daily Comment (February 3, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Today’s Comment begins with our concerns about the market’s dovish interpretation of the remarks from the central banks. Next, we discuss why poor Q4 earnings may not lead to a weak performance in the stock market. We end the report… Read More »