Research & News
Daily Comment (June 4, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning, all! U.S. equities appear to be headed for a higher open this morning. Today’s report begins with an update on the infrastructure spending negotiations. International news follows, with reports of new sanctions on Belarus and the EU-U.K. probing… Read More »
Asset Allocation Weekly (June 4, 2021)
by the Asset Allocation Committee | PDF (Due to staff vacation schedules, there will not be an accompanying podcast and chart book this week. The multimedia offerings associated with this report will resume next week, June 11.) Over the past five years, the United Kingdom has been the backwater of investment attraction. Much of the… Read More »
Daily Comment (June 3, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Today’s Comment opens with an overview of yesterday’s “Beige Book” report from the Federal Reserve, which pointed to accelerating economic growth but continued inflation pressures. Sticking with the inflation theme, we then review the latest UN data on global food… Read More »
Daily Comment (June 2, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning, all! U.S. equities appear to be headed for a sideways open this morning as investors remain cautious following recent market events in oil and cybersecurity. Today’s report begins with a summary of the cyberattack on the largest meat… Read More »
Daily Comment (June 1, 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 significant demographic policy changes in China, followed by various signs of increased inflation and potentially tighter monetary policy in both Europe and the United States. Next, we review a range of international and U.S.… Read More »
Daily Comment (May 28, 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 President Biden’s new budget proposal caused a boost in investor optimism. Today’s report starts off with a brief summary of the $6 trillion proposal. International news follows,… Read More »
Asset Allocation Weekly (May 28, 2021)
by the Asset Allocation Committee | PDF Gold moved steadily higher from the late summer of 2018 into last August. Prices declined toward 1,700 into March but have been recovering since. In this report, we will update our views on the metal. We have been holding gold in our asset allocation portfolios since 2018, although… Read More »
Daily Comment (May 27, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning. It’s mostly a down day for risk assets in the U.S. this morning. Our coverage begins with economics and policy, with a crypto update to follow. China news is next. Our international roundup comes after, and we close… Read More »