Daily Comment
Daily Comment (October 11, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning. It’s Columbus Day and Indigenous People’s Day. Being a commercial bank holiday, the Treasury market is closed, although Treasury futures are trading and would suggest interest rates will continue to rise. It’s also a government holiday, meaning there… Read More »
Daily Comment (October 8, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning! Today’s report begins with our thoughts on China-U.S. trade relations. We then review various international news items followed by U.S. economics and policy. China news is next, and we end with our pandemic coverage. China-U.S.: Tensions between the… Read More »
Daily Comment (October 7, 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 up this morning. A potential deal on the debt ceiling and relief on oil and gas prices have improved sentiment. Our coverage begins with an examination of these two factors. Up next is crypto… Read More »
Daily Comment (October 6, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF We open today’s Comment with the latest developments in U.S. fiscal policy and other issues. We then turn to several international issues, many of which are playing into the weak financial markets we’re seeing across the globe today. Those items… Read More »
Daily Comment (October 5, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF In today’s Comment, we open with multiple U.S. developments that have the potential to affect the financial markets today, including the latest on the federal government’s debt limit, signs of growing worker clout in the labor market, and new regulatory… Read More »
Daily Comment (October 4, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning on the first Monday of October. Risk markets are generally lower this morning as uncertainty in Washington and worries about valuations weigh on sentiment. USTR Tai will discuss the trade relationship with China today. We discuss what we… Read More »
Daily Comment (October 1, 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 this morning. Today’s report begins with an international news roundup followed by U.S. economics and policy coverage. China news is next, and we end the report with our pandemic coverage.… Read More »
Daily Comment (September 30, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning as we bid farewell to Q3. Although there is plenty to worry about, equities continue to move up on that wall of worry. Our coverage begins with a recap of legislation and other concerns in Washington; today could… Read More »
Daily Comment (September 29, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF We open today’s Comment with the latest brinksmanship in Congress over the federal government’s debt limit and budget, along with a note on Federal Reserve Chair Powell’s prospects of being reappointed to a second term later this year. We next… Read More »