Daily Comment
Daily Comment (February 2, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Our Comment begins with the latest Federal Open Market Committee meeting, including the decision to raise rates. Next, we cover the rate decisions of the European Central Bank and the Bank of England. Finally, we discuss Germany’s recent moves to… Read More »
Daily Comment (February 1, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with more good news on global price inflation. Data today showed that the Eurozone’s consumer inflation has again cooled modestly, though probably not enough to prompt the European Central Bank to slow its aggressive interest-rate hikes. We next… Read More »
Daily Comment (January 31, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with positive reports on the global gold market in 2022 and world economic growth in 2023. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including… Read More »
Daily Comment (January 30, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with confirmation that the U.S. has secured the cooperation of Japan and the Netherlands in clamping down on key semiconductor technology transfers to China. The move is designed to suppress China’s military technology development, but it will also… Read More »
Daily Comment (January 27, 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 Gross Domestic Product data and what it may say about the economy. Next, we explain why the global bond rally has not eased concerns over government debt management. The report ends… Read More »
Daily Comment (January 26, 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 whether central banks will continue to raise rates. Next, we explain why investors have varying opinions about the state of the global economy. We end the report with our thoughts about rising friction… Read More »
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 »