Daily Comment
Daily Comment (April 13, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Today’s Comment opens with various items touching on the trajectory of U.S. fiscal and monetary policy. We next turn to key international news. Finally, we review the latest developments on the coronavirus pandemic and the U.S. economy. While news of… Read More »
Daily Comment (April 12, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning all, and Happy Monday! U.S. equity futures are lower this morning, pausing to refresh after a series of new highs. Our coverage begins with economics and policy. Amazon (AMZN, USD, 3372.22) avoided a unionization vote in Alabama, and… Read More »
Daily Comment (April 9, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning. Equity markets are expected to open higher this morning as Treasury yields will likely drop for a fourth consecutive day. We begin our coverage with the Alabama warehouse union vote and the Biden administration’s proposal for a global… Read More »
Daily Comment (April 8, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning all! U.S. equity futures are mostly elevated this morning in the wake of yet another record S&P 500 close. We open commentary this morning with the Fed minutes. Economics and policy follow with corporate taxes in the spotlight. … Read More »
Daily Comment (April 7, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Today’s Comment opens with various observations concerning monetary and fiscal policy and their implications for U.S. economic growth. We next look at the new report of a possible U.S. and allied boycott of the 2022 Winter Olympics in Beijing over… Read More »
Daily Comment (April 6, 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 new developments that suggest Democrats in Congress could have more options to push through their economic and tax agendas than previously thought. Increased fiscal stimulus, rapidly expanding vaccinations, and economic reopening continue to buoy… Read More »
Daily Comment (April 5, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning and happy Monday! The S&P 500 moved above 4,000 last week, and equity futures are moving further higher this morning. Some of the upward pressure is coming from Friday’s employment data, which we recap in today’s comment. BTW,… Read More »
Daily Comment (April 1, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF We have published our latest Weekly Geopolitical Report, which constitutes Part III of our series on the Geopolitics of Central Bank Digital Currencies (CBDC). We also have several other recent multimedia offerings. There is a new chart book recapping the… Read More »
Daily Comment (March 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 an overview of the new economic plan that President Biden will propose in a speech today in Pittsburgh. We next review other key U.S. and international news, including today’s latest U.S.-China tensions. We end… Read More »