Daily Comment
Daily Comment (August 6, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning, all! U.S. equities appear to be headed for a flat open this morning. We begin with a discussion about the effect the new variant may have on the recovery. Our international news coverage includes escalating tensions between Israel… Read More »
Daily Comment (August 5, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning. Overall, it’s a rather quiet trading day so far. U.S. equity futures are edging higher, although recent market action suggests it may not hold. Our coverage begins with comments from Fed officials who are signaling the end of… Read More »
Daily Comment (August 4, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Today’s Comment opens with just one U.S. issue related to cryptocurrency regulation. We then review a number of foreign items that could impact the financial markets today, including news of another apparent Iranian attack on a ship in the Persian… Read More »
Daily Comment (August 3, 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 a review of various U.S. developments related to fiscal policy, the labor market, and the natural gas market. We discuss several international items that could affect the financial markets today. Finally, we take a… Read More »
Daily Comment (August 2, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning and happy Monday! It’s the first trading day of August (a time of the year often unfriendly to equities), and U.S. equity futures are pointing to a higher open. Our coverage begins with an incident off the coast… Read More »
Daily Comment (July 30, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning, all! U.S. equities appear to be headed for a lower open this morning. Equities have fallen due to concerns over the tech sector as investors fear disappointing earnings reports and a continued tech crackdown by China. Our report… Read More »
Daily Comment (July 29, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning. It’s GDP day! We cover the data for Q2 below in detail, but the quick view is that the annualized growth rose 6.5%, well below expectations. Equity markets are ticking higher, but we note that gold is up… Read More »
Daily Comment (July 28, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF We begin today’s Comment with several items related to U.S. fiscal, monetary, and regulatory policy. We next turn to a range of international developments that highlight the growing risks of great-power military conflict in the future. We end with the… Read More »
Daily Comment (July 27, 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 global and U.S. developments touching on taxes, fiscal policy, monetary policy, and labor market regulation. Next, we discuss a variety of foreign news ranging from the sharp drop in Chinese stocks stemming from… Read More »