Daily Comment
Daily Comment (May 27, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! U.S. equities continue to rally as investors no longer fear that the Fed will become more hawkish. Additionally, a drop in mortgage rates and a strong performance from retailers have boosted investor sentiment. Today’s report begins with the rising popularity… Read More »
Daily Comment (May 26, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s report begins with a summary of the Fed meeting minutes and other central bank news. Next, we discuss the latest developments in the Russia-Ukraine war. Afterward, we go over the pushback regarding China’s zero-COVID strategy and the possibility of… Read More »
Daily Comment (May 25, 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, where Russian forces are now making better gains toward their newly reduced goals. We next review a range of international and U.S. developments with the potential to affect the financial markets. … Read More »
Daily Comment (May 24, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning. After a strong rally off the lows on Friday and impressive follow-through yesterday, risk assets are lower this morning. However, one pattern emerging in the past couple of weeks is that the correlation between stocks and bonds has again become… Read More »
Daily Comment (May 23, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning and happy Monday! On Friday, the S&P 500 flirted with official bear market territory (a decline of 20% from the high), but using the words of a locally once famous market strategist, it made a “Hollywood finish” and closed nearly… Read More »
Daily Comment (May 20, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s report begins with a brief update on the war in Ukraine. Afterward, there is a discussion on the Federal Reserve’s determination to rein in inflation at all costs. Next, we look at international news, followed by economics and policy.… Read More »
Daily Comment (May 19, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Our report begins with the market’s reaction to disappointing quarterly reports from major retailers. Afterward, we give an update on the Russian invasion of Ukraine. Next is a discussion about Sri Lanka’s default and rising tensions surrounding Taiwan. We end… Read More »
Daily Comment (May 18, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment opens with an update on the Russia-Ukraine war, where Russian President Putin appears to be facing increasing popular discontent with the war. We also provide a detailed discussion of the implications now that Sweden and Finland have formally applied for… Read More »
Daily Comment (May 17, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Today, we open our Comment with an update on the Russia-Ukraine war, where the Russian offensives still seem to be stalled, and Ukraine continues to build its momentum. We next review a range of international and U.S. developments with the potential to… Read More »