Daily Comment
Daily Comment (May 17, 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 a down day for equities this morning. Our coverage begins with a recap of the situation in Israel, a second look at the retail sales data, and the Atlanta FRB’s GDPNow forecast. Our update… Read More »
Daily Comment (May 14, 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 following reports that the Fed will likely not be withdrawing monetary support anytime soon despite the Consumer Price Index rising faster than expected in April. Today’s report starts… Read More »
Daily Comment (May 13, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning. Our coverage begins with a few comments about yesterday’s CPI report. We take a quick look at the deteriorating situation in Israel. The Colonial pipeline has reopened. Economic and policy news follows, with China news next. The international… Read More »
Daily Comment (May 12, 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 update on the Colonial Pipeline ransomware hack and the panic buying of gasoline that it has sparked in the Southeast. We next cover various news related to U.S. fiscal policy, the energy industry,… Read More »
Daily Comment (May 11, 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 on the Colonial Pipeline ransomware hack. We then turn to a variety of news items relating to the global energy industry, international relations, eurozone monetary policy, Chinese population data, and the Israeli-Palestinian… Read More »
Daily Comment (May 10, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning, and happy Monday! What an active weekend! After spending time watching the skies, worried about falling Chinese space debris, U.S. equity futures are mostly higher this morning. We begin with the Colonial Pipeline cyberattack. Up next are some… Read More »
Daily Comment (May 7, 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 the jobs report continues to support market optimism; we will go into further detail in the economic releases section of this report. Our report starts off with… Read More »
Daily Comment (May 6, 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 mostly steady this morning. Our coverage starts with Facebook. Next is coverage of the U.K. local elections along with other international news followed by our pandemic coverage, including a look at the Biden administration’s… Read More »
Daily Comment (May 5, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Today’s Comment opens with Treasury Secretary Yellen’s gaffe – or Freudian slip – on rising inflation and interest rates. Even though she has tried to walk that statement down, it will likely play into suspicions that the Federal Reserve may… Read More »