Daily Comment
Daily Comment (June 3, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Today’s Comment opens with an overview of yesterday’s “Beige Book” report from the Federal Reserve, which pointed to accelerating economic growth but continued inflation pressures. Sticking with the inflation theme, we then review the latest UN data on global food… Read More »
Daily Comment (June 2, 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 sideways open this morning as investors remain cautious following recent market events in oil and cybersecurity. Today’s report begins with a summary of the cyberattack on the largest meat… Read More »
Daily Comment (June 1, 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 significant demographic policy changes in China, followed by various signs of increased inflation and potentially tighter monetary policy in both Europe and the United States. Next, we review a range of international and U.S.… Read More »
Daily Comment (May 28, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning, all! U.S. equities are expected to open higher this morning as President Biden’s new budget proposal caused a boost in investor optimism. Today’s report starts off with a brief summary of the $6 trillion proposal. International news follows,… Read More »
Daily Comment (May 27, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning. It’s mostly a down day for risk assets in the U.S. this morning. Our coverage begins with economics and policy, with a crypto update to follow. China news is next. Our international roundup comes after, and we close… Read More »
Daily Comment (May 26, 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 state of play on President Biden’s proposed spending program on infrastructure and other economic initiatives. We follow with several items related to technology, cybersecurity, cryptocurrencies, and tech regulation. We then address miscellaneous international news… Read More »
Daily Comment (May 25, 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 details on the Belarusian “state hijacking” and its impact on geopolitical relations between the U.S., Europe, and Russia. We then continue with other international news ranging from China and Russia to Turkey… Read More »
Daily Comment (May 24, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning, and happy Monday! U.S. equity futures are higher this morning. The Northern Hemisphere’s hurricane season runs from June 1 to November 1, but recently it has become common for storms to form early. NOAA has named Ana the… Read More »
Daily Comment (May 21, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning, all! U.S. equities are expected to open higher this morning as investor optimism has been bolstered by strong economic data and positive earnings reports. Today’s report starts off with a brief update of the conflict between Israel and… Read More »