Research & News
Daily Comment (February 13, 2025)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Good morning! The market is processing the latest developments in Ukraine. In sports news, Canada was able to defeat Sweden in the NHL 4 Nations Face-Off. Today’s Comment will take a deeper dive into the CPI report, discuss the latest developments in… Read More »
Daily Comment (February 12, 2025)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Good morning! Markets are reacting to the latest inflation figures this morning. On the sports front, Real Madrid narrowly defeated Manchester City in the first leg of their highly anticipated playoff series. Today’s Comment will cover the increasing influence of AI, Fed Chairman… Read More »
Daily Comment (February 11, 2025)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with the latest vague promise by the Chinese government to boost consumer spending and spur economic growth. We next review several other international and US developments with the potential to affect the financial markets today, including a planned… Read More »
Bi-Weekly Geopolitical Report – Middle Eastern Stock Markets: An Overview (February 10, 2025)
by Daniel Ortwerth, CFA | PDF All the attention paid to the strong performance of United States stock markets in recent years can easily distract us from what might be happening in other markets around the world. A quick review of global stock markets reveals that one region, the Middle East, has seen its market… Read More »
Daily Comment (February 10, 2025)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with news that the Russian intelligence services are trying to take advantage of the job buyouts currently being offered to employees of the US intelligence community. The situation highlights the risk that the personnel turnover could affect the… Read More »
Daily Comment (February 7, 2025)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Good morning! The market is currently digesting the latest employment data, while in sports news, the NBA trade deadline officially passed. Today’s commentary will cover the latest developments in Trump’s tax plan, explore why investors are growing increasingly concerned about the spending… Read More »
Daily Comment (February 6, 2025)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Good morning! Markets are closely watching the latest developments from the Trump administration. In sports news, the Golden State Warriors made headlines by acquiring Miami Heat guard Jimmy Butler in a major trade. Today’s commentary will focus on the Trump administration’s shift… Read More »
The Case for Hard Assets: An Update (First Quarter 2025)
by Patrick Fearon-Hernandez, Bill O’Grady, Mark Keller, and Joe Hanzlik | PDF Background and Summary Secular markets are defined as long-term trends in an asset. There are both secular bear and bull markets. In most markets, there are also cyclical bull and bear markets, often tied to the business cycle, and in some markets, there… Read More »