Research & News
Daily Comment (October 28, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment summarizes yesterday’s GDP report, including how it may impact U.S. monetary policy. Next, we review why central banks are hesitant to totally remove their policy accommodations as the world heads into recession. We end the report with a… Read More »
Daily Comment (October 27, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with our thoughts about a possible shift in Fed policy. Next, we discuss the rising angst in the European financial markets. Finally, the report reviews how the West is adapting to a changing geopolitical landscape. Are We… Read More »
Weekly Energy Update (October 27, 2022)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Crude oil prices appear to be building in a base in the mid-$80s. (Source: Barchart.com) Crude oil inventories rose 2.6 mb compared to a 1.5 mb build forecast. The SPR declined 3.4 mb, meaning the net draw was 0.8 mb. In the details, U.S.… Read More »
Daily Comment (October 26, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with an update on the Russia-Ukraine war, including the latest on Moscow’s misinformation campaign claiming that the Ukrainians are planning to detonate a radioactive “dirty bomb.” We next review a wide range of other international and U.S. developments… Read More »
Daily Comment (October 25, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with an update on the Russia-Ukraine war, where Russia appears to have ratcheted down its recent missile, air, and drone attacks as it runs low on its inventory of weapons. We next review a wide range of other… Read More »
Bi-Weekly Geopolitical Report – Defining Deglobalization (October 24, 2022)
by Bill O’Grady | PDF Words are important. They are a key tool to how we communicate, but they also can narrow meanings and lead to misunderstandings. Often, the term “deglobalization” has led pundits to suggest that this isn’t really happening by deploying something of a “straw man” argument. The writer will suggest that trade… Read More »
Daily Comment (October 24, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with an update on the Russia-Ukraine war, including a new Russian misinformation campaign alleging that the Ukrainians are preparing to detonate a radioactive bomb. We next review a wide range of other international and U.S. developments with the… Read More »
Daily Comment (October 21, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment discusses how Brexit may have paved the way for Liz Truss’s brief stint at Downing Street. Next, we explain how the Fed’s monetary policy has forced central banks to accumulate greenbacks. Lastly, we conclude with an overview of… Read More »