Research & News
Daily Comment (June 1, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with our thoughts on the ongoing debate as to whether the Federal Reserve should hike or pause at its next meeting. Next, we explain why the European Union has taken a vested interest in the Western Balkans.… Read More »
Daily Comment (May 31, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with some unexpectedly soft economic figures out of China, which are weighing on global stock markets so far today. We next review a wide range of other international and U.S. developments with the potential to affect the financial… Read More »
Bi-Weekly Geopolitical Report – China’s New National Security Law (May 30, 2023)
Bill O’Grady | PDF In late April, China released a new version of its national security law. Shortly thereafter, some prominent U.S. firms were raided by national security operatives, and there were reports of database access being restricted. In this report, we will discuss the new law and who has run afoul of the rules… Read More »
Daily Comment (May 30, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with an update on the weekend’s preliminary deal to lift the federal debt limit until 2025. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including… Read More »
Daily Comment (May 26, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment starts with our thoughts about the potential benefits and risks associated with generative artificial intelligence (AI). Next, we examine the impact that a German recession would have on the European Central Bank’s policy rate decision. Finally, we discuss… Read More »
Daily Comment (May 25, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment starts with an update on the debt ceiling negotiations. Next, we argue that the Fed may pause this year but is not likely to pivot. We end the report with our thoughts about the rising likelihood of a… Read More »
Weekly Energy Update (May 25, 2023)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Oil prices are rising back into their earlier trading range of $73 to $82 per barrel. (Source: Barchart.com) Commercial crude oil inventories fell a whopping 12.5 mb when compared to the forecast build of 1.5 mb. The SPR fell 1.6 mb, putting the total… Read More »
Daily Comment (May 24, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with a few new developments in Russia’s invasion of Ukraine. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including new evidence of the threat from… Read More »