Research & News
Daily Comment (August 19, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with some notes on Vice President Harris’s big economic speech on Friday, which appears to have fallen rather flat. (We also note that the Democratic Party opens its national convention in Chicago today.) We next review several other… Read More »
Daily Comment (August 16, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Good Morning! Investors are reacting to the strong economic data released on Thursday. In sports news, New York Yankee Aaron Judge became the player to hit 300 home runs the fastest in MLB history. Today’s Comment will delve into the market’s newfound… Read More »
Daily Comment (August 15, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Good morning! Markets are in a risk-on mode today after yesterday’s robust inflation data. In sports news, Real Madrid kicked off their 2024/25 season with a triumphant UEFA Super Cup victory, and now set their sights on defending both their Champions League… Read More »
Daily Comment (August 14, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Good morning! S&P 500 futures are trading sideways as investors process the latest CPI figures. In sports news, the St. Louis Blues made a significant move by submitting offer sheets to Edmonton Oilers’ prospects Broberg and Holloway. Today’s Comment will discuss why… Read More »
Daily Comment (August 13, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with the latest forecasts for global oil demand from the Organization of the Petroleum Exporting Countries. We next review several other international and US developments with the potential to affect the financial markets today, including news of a… Read More »
Daily Comment (August 12, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with several items on China’s international relations and domestic economy. We next review several other international and US developments with the potential to affect the financial markets today, including a statement by a British monetary policymaker calling for… Read More »
Asset Allocation Bi-Weekly – Is the Sahm Rule Right? (August 12, 2024)
by the Asset Allocation Committee | PDF While there has been some speculation that the US economy may be headed for a recession, one indicator suggests it has already begun. The “Sahm Rule,” a widely used metric for determining the early stages of recession, was triggered in July. Created by former Federal Reserve economist Claudia… Read More »
Daily Comment (August 9, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Good morning! The S&P 500 is off to a slow start today as investors shrug off yesterday’s rally. In sports news, the US Men’s Basketball team was able to mount a comeback against Serbia in its quest for Olympic gold. Today’s Comment… Read More »
Daily Comment (August 8, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Good morning! S&P 500 futures are off to a strong start to the day as data reassured investors that the country is not in recession. In sports news, US Men’s Track and Field athlete Quincy Hall staged a comeback in the 400m… Read More »
Daily Comment (August 7, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Good morning! S&P 500 futures are off to a strong start as risk sentiment improves. In sports news, Team USA’s basketball team dominated Brazil, securing their spot in the semifinals against Serbia. Today’s Comment will explore why the market has stabilized since… Read More »