Daily Comment
Daily Comment (April 26, 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 in April! U.S. equity futures are mostly steady this morning as investors await a plethora of earnings reports this week. Our coverage begins with the pandemic, and we are watching India’s caseloads… Read More »
Daily Comment (April 23, 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 optimism grows over a potential infrastructure package. We have a full slate of news to cover today. The report will start with a discussion on Biden’s tax… Read More »
Daily Comment (April 22, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning, and happy Earth Day! It’s a busy Thursday, with lots of items to cover. U.S. equity futures are steady to lower this morning. Our coverage begins with Biden’s two-day climate summit. The ECB holds its meeting, and we… Read More »
Daily Comment (April 21, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Today’s Comment opens with a few key U.S. developments that are likely to affect financial markets today. President Biden will reportedly call for an aggressive 50% cut in U.S. greenhouse gas emissions, which will likely raise concerns about new regulations… Read More »
Daily Comment (April 20, 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 developments on President Biden’s proposed package of infrastructure and other economic measures. We then pivot to the international news most likely to affect the financial markets today. As is often the case,… Read More »
Daily Comment (April 19, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning, and happy Monday! Global equity markets are mixed this morning, with U.S. equity futures taking a breather. Our coverage this morning starts with bitcoin, which had a rather wild weekend. Russia news follows and includes several items. China… Read More »
Daily Comment (April 16, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning, all! It has been a relatively quiet news day so far. U.S. equities are expected to open higher following strong earnings from financial firms. We will begin our coverage with more details about the Russian sanctions. International news… Read More »
Daily Comment (April 15, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning all! Risk assets are higher this morning in a quiet trade. We have a long roster of economic data this morning which we cover in detail below. Our coverage begins with the Beige Book, which turned equities lower… Read More »
Daily Comment (April 14, 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 geopolitical developments relating mostly to China, Russia, and the Middle East. In general, the developments point to continued tensions, but that may not be enough to spoil the positive vibe that the quarter’s… Read More »