Research & News
Daily Comment (December 11, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with tantalizing signs that the Israel-Hamas conflict could be inching closer to its end game. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including new… Read More »
Daily Comment (December 8, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Risk assets are down following stronger-than-expected jobs data. Meanwhile, the Los Angeles Lakers and Indiana Pacers have secured their spots in the NBA In-Season Tournament championship game. Today’s Comment kicks off with our insights on the latest craze in artificial… Read More »
Daily Comment (December 7, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Risk assets are enjoying a lift as investors eagerly await tomorrow’s crucial jobs data. Meanwhile, former Padres’ outfielder Juan Soto is making his way to the Big Apple for his next adventure. Today’s Comment kicks off with our insights on… Read More »
Weekly Energy Update (December 7, 2023)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Crude oil prices are breaking down despite OPEC+ efforts to restrain supply. (Source: Barchart.com) Commercial crude oil inventories fell 4.6 mb compared to forecasts of a 3.0 mb draw. The SPR rose 0.3 mb, which puts the net draw at 4.3 mb. In the… Read More »
Daily Comment (December 6, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with the latest on the potential for a Venezuela-Guyana crisis. We next review a wide range of other international and U.S. developments that could affect the financial markets today, including Italy’s widely expected decision to pull out of… Read More »
Daily Comment (December 5, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with a downgrade in the outlook for Chinese sovereign debt. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including reports of suspicious short-selling in Israeli… Read More »
Daily Comment (December 4, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with notes from the Ronald Reagan Presidential Institute’s annual National Defense Forum over the weekend. We next review a range of other international and U.S. developments with the potential to affect the financial markets today, including more risky… Read More »
Asset Allocation Bi-Weekly – A Pause That Refreshes? (December 4, 2023)
by the Asset Allocation Committee | PDF (Note: This is the final AABW of 2023; the next report will be published in January 2024.) In 1929, Coca-Cola® introduced the tagline “a pause that refreshes.” Although other advertising campaigns have come and gone, this line still sticks around in the public consciousness. And, it has moved… Read More »
Daily Comment (December 1, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Equities are trading lower as investors seek to liquidate some of their holdings ahead of Fed Chair Powell’s speech, and the Dallas Cowboys’ defense failed to live up to the hype on Thursday. Today’s Comment starts with our thoughts about… Read More »