Research & News
Asset Allocation Weekly (September 4, 2020)
by Asset Allocation Committee | PDF (NB: Due to the Labor Day holiday, the next report will be published on September 18.) The U.S. economy is driven primarily by consumer spending. In 2019, for example, personal consumption expenditures on goods and services accounted for 67.9% of U.S. gross domestic product (GDP). For the economy to… Read More »
Weekly Energy Update (September 3, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Here is an updated crude oil price chart. The oil market has stabilized at higher levels after April’s historic collapse. Crude oil inventories fell more than anticipated, declining 9.4 mb compared to forecasts of a 2.0 mb decline. The SPR declined 1.3 mb; since… Read More »
Weekly Geopolitical Report – Trump’s Foreign Policy in a Second Term (August 31, 2020)
by Patrick Fearon-Hernandez, CFA | PDF (As is our custom, we will take a break for the Labor Day holiday. The next report will be published on September 7, 2020.) In our WGR last week, we examined how U.S. foreign policy might look in the event that Democratic Party nominee Joe Biden wins the November… Read More »
Asset Allocation Weekly (August 28, 2020)
by Asset Allocation Committee | PDF As people think about the supplemental federal unemployment benefit of $600 per week that was in place through July, most would assume that if the total benefits exceed a person’s actual wages, they will choose to be unemployed instead of accepting employment. Anecdotal reports suggest that companies are running… Read More »
Weekly Energy Update (August 27, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Here is an updated crude oil price chart. The oil market has stabilized at higher levels after April’s historic collapse. Crude oil inventories fell more than anticipated, declining 4.7 mb compared to forecasts of a 3.0 mb decline. The SPR declined 1.8 mb; since… Read More »
Weekly Geopolitical Report – Biden’s Foreign Policy (August 24, 2020)
by Bill O’Grady | PDF Traditionally, Labor Day is considered the point when an increasing number of Americans start paying attention to the November elections. As part of our analysis of the candidates, we create dossiers of the candidates and the leading figures with whom they surround themselves. In this report, we will comment on… Read More »