Research & News
Daily Comment (April 29, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with a discussion of the latest US bank to be seized and sold by regulators as a result of today’s high interest rates. We next review a range of other international and US developments with the potential to… Read More »
Asset Allocation Bi-Weekly – The Peace Dividend, Government Debt, and Yield Curve Control (April 29, 2024)
by the Asset Allocation Committee | PDF Danish Prime Minister Mette Frederiksen recently castigated the European governments that slashed their defense spending at the end of the Cold War and then remained far too complacent about the growing threat from Russia in recent years. According to Frederiksen, hiking their defense budgets as is now necessary… Read More »
Daily Comment (April 26, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Equities are off to a slow start today as inflation concerns linger for investors. But on a brighter note, the Florida Panthers are surging ahead with a commanding 3-0 series lead over the Tampa Bay Lightning. Today’s Comment explores the… Read More »
Asset Allocation Quarterly (Second Quarter 2024)
by the Asset Allocation Committee | PDF Our forecast does not include a recession during the three-year period. The US economy is expected to be relatively strong throughout the forecast period. We expect heightened geopolitical tensions to persist as the deglobalization trend continues. Inflation is likely to remain higher due to structural forces such as… Read More »
Daily Comment (April 25, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Equities are taking a tumble early in the trading session as Meta’s earnings outlook dampens investor optimism. On the sports front, the Miami Heat have tied the series against the Boston Celtics. Today’s Comment explores why Treasury yields might face… Read More »
Daily Comment (April 24, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Stocks are surging on good news from Tesla. In the NHL, the Florida Panthers stole another victory, extending their series lead to 2-0 against the Tampa Bay Lightning. Today’s Comment examines how rising labor power could complicate the Federal Reserve’s… Read More »
Daily Comment (April 23, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Equities are off to a strong start as investors await earnings, and the Los Angeles Lakers fell 0-2 against the Denver Nuggets in the NBA playoffs. Today’s Comment kicks off with an examination of how TikTok is adding yet another… Read More »