Daily Comment
Daily Comment (November 21, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF The Daily Comment will go on hiatus beginning Wednesday, November 23, and will return on Monday, November 28. Our Comment today opens with an update on the Russia-Ukraine war, where it appears that the Russian forces recently pushed out of the southern… Read More »
Daily Comment (November 18, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF The Daily Comment will go on hiatus beginning Wednesday, November 23, and will return on Monday, November 28. Guten Morgen! Today’s Comment begins with our thoughts about the growing financial stress within the international banking system. Next, we discuss how the dollar… Read More »
Daily Comment (November 17, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with a discussion about why countries are ok with tight fiscal and monetary policy even when their economies are barreling toward recession. Next, we review what a possible reprieve in geopolitical tensions could mean for commodities. Finally,… Read More »
Daily Comment (November 16, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning. Recently, the dollar has been the key indicator of the direction of financial and commodity markets. A stronger dollar usually signals weaker financial and commodity markets, while dollar weakness indicates the opposite. This morning, the dollar is weaker but there… Read More »
Daily Comment (November 15, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning to all those eight billion out there (that are growing older, btw)! Equities are trending higher this morning, interest rates are falling, and the dollar is lower. The driving factor behind the rally is primarily the meeting between President Biden… Read More »
Daily Comment (November 14, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with an update on the Russia-Ukraine war, including a discussion of what comes next following Ukraine’s dramatic recapture of the southern city of Kherson late last week. We next review a wide range of other international and U.S.… Read More »
Daily Comment (November 11, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Happy Veterans Day! Today’s Comment begins with our view on the market’s reaction to the positive CPI report. Next, we discuss how a moderation in Fed policy could impact the dollar. The report ends with a review of recent developments that may… Read More »
Daily Comment (November 10, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with a quick observation on the market action following the CPI data. Next is our take on the midterm election results. Then, we point out the recent slowdown in the movement toward deglobalization. Lastly, we give an… Read More »
Daily Comment (November 9, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with an update on the Russia-Ukraine war, including a discussion of some of the key air defense and cyberwarfare assistance that the U.S. has provided to Ukraine. We next review a wide range of other international and U.S.… Read More »