Daily Comment
Daily Comment (September 1, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF We begin today’s Comment with the latest news on Afghanistan, where the Taliban are already fighting opposition militias in what could be the beginning of a civil war. Next, we review the latest expectations for the nation’s energy supplies following… Read More »
Daily Comment (August 31, 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 the latest news on the U.S. pullout from Afghanistan and the damage from Hurricane Ida on the Gulf of Mexico. We next review the latest sign that China has fully embraced President Xi’s new… Read More »
Daily Comment (August 30, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning and happy Monday, the last one of August. U.S. equity futures are modestly higher this morning after Friday’s rally. Our coverage begins with Hurricane Ida. We then discuss Chair Powell’s Jackson Hole speech, followed by Afghanistan news. Our… Read More »
Daily Comment (August 27, 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. Our report begins with international news focusing on the two attacks at the Kabul airport on Thursday. We also cover U.S. economics and policy, including details about growing… Read More »
Daily Comment (August 26, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning. Risk assets are a bit weaker this morning. The Jackson Hole meeting kicks off today. Like last year, it will be virtual. Tomorrow will be the big day when Chair Powell speaks. We start our coverage with the… Read More »
Daily Comment (August 25, 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 on Afghanistan, where President Biden has rejected calls to extend the U.S. evacuation effort beyond his August 31 deadline. We then review a range of U.S. domestic developments, followed by some key foreign… Read More »
Daily Comment (August 24, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF In today’s Comment, we begin with the latest developments in Afghanistan. There are disturbing reports that evacuees reaching U.S. facilities in places like Doha are facing horrible conditions. We next review a range of other international and domestic news, including… Read More »
Daily Comment (August 23, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning and happy Monday! Schools are reopening, and it’s a risk-on day today. U.S. equity futures are higher, and gold and oil are rebounding as well. The Fed’s meeting at Jackson Hole is this week, but like last year,… Read More »
Daily Comment (August 20, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning on this August Friday. Equity markets remain under pressure this morning as worries about the economy and monetary policy weigh on sentiment. Our coverage begins with China, where regulatory conditions are changing fast and Taiwan is also in… Read More »