Daily Comment
Daily Comment (December 3, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning. U.S. equity futures are signaling a higher open. Today’s report begins with U.S. economic and policy news followed by our roundup of China-related stores. International news is next, and we conclude with our pandemic coverage. Economics and policy:… Read More »
Daily Comment (December 2, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning. Although U.S. risk markets are trying to stage a rally, U.S. equity futures are struggling to hold gains. The pattern for the week has been for overnight rallies to fail. It is a bearish pattern, as rallies seem… Read More »
Daily Comment (December 1, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF In today’s Comment, we open with Federal Reserve Chair Powell’s testimony to Congress yesterday, which contributed to the day’s big pullback in risk assets (which is on track to be at least partly reversed today). We next review a range… Read More »
Daily Comment (November 30, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF In today’s Comment, we open with highlights from the U.S. labor market, U.S. relations with China and Russia, and a small number of other international developments. However, the bulk of our report deals with the new Omicron variant of the… Read More »
Daily Comment (November 29, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning and happy Monday! Risk markets are higher after a rough day on Friday. It’s a big week for Fed speakers, with Chair Powell speaking to Congress tomorrow on pandemic policy. We expect Powell will get lots of questions… Read More »
Daily Comment (November 23, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF N.B.: HOLIDAY SCHEDULE – The Daily Comment will go on hiatus after Tuesday’s report and will return on Monday, November 29. A Weekly Geopolitical Report was published yesterday, and the next report will be available on December 6. There will… Read More »
Daily Comment (November 22, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF N.B.: HOLIDAY SCHEDULE – The Daily Comment will go on hiatus after Tuesday’s report and will return on Monday, November 29. A Weekly Geopolitical Report will be published today, and the next report will be available on December 3. There… Read More »
Daily Comment (November 19, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning! U.S. equity futures are signaling a lower open. Today’s report begins with U.S. economic and policy news, followed by our roundup of China-related stories. International news is next, and we conclude with our pandemic coverage. Economics and policy:… Read More »
Daily Comment (November 18, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning on the eve of a major lunar eclipse! U.S. equity futures are moving higher this morning, and oil prices are ticking higher as well, despite U.S. pressure for a wider SPR release. Our coverage begins with comments on… Read More »