Research & News
Weekly Energy Update (November 2, 2023)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Crude oil prices are off their recent highs on expectations that the Hamas crisis will remain contained. (Source: Barchart.com) Commercial crude oil inventories rose 0.8 mb compared to forecasts of a 2.0 mb build. The SPR was unchanged, which puts the net build at… Read More »
Daily Comment (November 1, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with new examples of how the Chinese Communist Party and government are intruding ever-more strongly into the economy. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets… Read More »
Daily Comment (October 31, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with a note about the Pentagon’s annual report on Chinese military power. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including the latest on the… Read More »
Bi-Weekly Geopolitical Report – Investment Implications of the Israel-Hamas Conflict (October 30, 2023)
Patrick Fearon-Hernandez, CFA | PDF For investors, geopolitical risks today center on the Great Power competition involving countries like the United States, China, and Russia. Nevertheless, terrorism by non-state actors can still be destabilizing, as shown by the October 7 attacks on Israel by Hamas, the Palestinian terrorist group that controls the Gaza Strip. The… Read More »
Daily Comment (October 30, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with the latest on the Israel-Hamas conflict. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including a preview of the Bank of Japan’s important new… Read More »
Daily Comment (October 27, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Equities are off to a great start, and the Diamondbacks look to prove doubters wrong in the first game of the World Series. Today’s Comment begins with our analysis of the S&P 500’s recent poor performance, followed by a closer… Read More »
Daily Comment (October 26, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Concerns over earnings are weighing on equities, and Astros manager Dusty Baker announced that he is retiring. Today’s Comment begins with a discussion about the ECB’s latest rate decision. Next, we analyze the recent plunge in the yen and assess… Read More »
Daily Comment (October 25, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! S&P 500 futures are trading lower before the open and the Diamondbacks made it to the World Series for the second time in franchise history. Today’s Comment starts with a discussion about the resurgence of the S&P 500. Next, we… Read More »