Research & News
Asset Allocation Bi-Weekly – Copper, Gold, Treasurys, and the New World (June 10, 2024)
by the Asset Allocation Committee | PDF Early 2023 served as a stark reminder that correlations can break down when least expected. Last year, a decline in the copper/gold ratio led many investors to anticipate a fall in longer-term yields, particularly for the 10-year Treasury note. However, these expectations were shattered as yields not only… Read More »
Daily Comment (June 7, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Equities futures are down after strong employment data suggests that the economy remains robust. In sports news, the US Cricket team was able to score an upset victory over top contender Pakistan as it prepares for the World Cup. Today’s… Read More »
Daily Comment (June 6, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Equity futures are off to a modest start as investors eye Friday’s jobs data. In sports news, the Lakers are looking at hiring UConn Coach Dan Hurley to take over the team. Today’s Comment explains the potential reasons other central… Read More »
Daily Comment (June 5, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Equities futures are off to a strong start as investors digest the latest ADP jobs data. In sports news, the US Women’s National Team (USWNT) delivered a convincing victory over South Korea in their pre-Olympics preparation. Today’s Comment will focus… Read More »
Daily Comment (June 4, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with shipping data that points to strong global demand and high freight rates worldwide. We next review several other international and US developments with the potential to affect the financial markets today, including a testing scandal in the… Read More »
Bi-Weekly Geopolitical Report – The Philippines, China & Escalation in the South China Sea (June 3, 2024)
by Daniel Ortwerth, CFA | PDF On the short list of seemingly constant topics in the news today is the rising tension between the United States and the People’s Republic of China. Across the spectrum of issues, disagreement between these two great powers seems increasingly unavoidable. Geopolitical developments in every corner of the globe often… Read More »
Daily Comment (June 3, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with notes on the global energy market. We next review several other international and US developments with the potential to affect the financial markets today, including a cut to France’s sovereign debt rating, election results in several key… Read More »
Daily Comment (May 31, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Equity futures are trading higher after the PCE price index showed that inflation continues to stay in line with expectations. In sports news, the Dallas Mavericks defeated the Minnesota Timberwolves, setting up a final’s matchup with the Boston Celtics. Today’s… Read More »