Research & News
Daily Comment (May 12, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today, we begin with a discussion about yesterday’s CPI report. Next is an update on the Ukraine war. We then cover economic and policy news, focusing on cryptocurrencies. Last, we go over some international news and our coronavirus coverage. Inflation… Read More »
Weekly Energy Update (May 12, 2022)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Oil prices have been volatile over the past few days. A number of factors have been at play. However, the chart suggests a price range is developing between $100 to $110 per barrel. (Source: Barchart.com) Crude oil inventories unexpectedly rose 8.5 mb compared to… Read More »
Daily Comment (May 11, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment begins with an update on the Russia-Ukraine war. We next review a range of international and U.S. developments with the potential to affect the financial markets today, including confirmation that the European Central Bank will hike its benchmark interest rate… Read More »
Daily Comment (May 10, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Today’s Comment opens with an update on the Russia-Ukraine war. Russian forces remain bogged down in the face of strong Ukrainian resistance and their own poor planning, weak execution, low morale, and resource shortages. We next review a range of international and… Read More »
Bi-Weekly Geopolitical Report – Parsing the World’s New Geopolitical Blocs (May 9, 2022)
by Patrick Fearon-Hernandez, CFA | PDF For more than a decade, we at Confluence have been tracking and writing about the waning commitment of the U.S. to its role as global hegemon. We’ve shown how U.S. retrenchment and protectionism have helped erode globalization. Factors like deregulation, falling transportation costs, improved technology, and easing geopolitical tensions… Read More »
Daily Comment (May 9, 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’s advances remain stalled, and President Putin gave a Victory Day speech that was unexpectedly restrained. We next review a range of international and U.S. developments with the potential to… Read More »
Daily Comment (May 6, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s report begins with a discussion on yesterday’s FOMC meeting and an update on the situation in Ukraine. Next, we review a few international news stories. We conclude with economic and policy news and our COVID-19 coverage. Market Update: A… Read More »
Daily Comment (May 5, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s report begins with a discussion on yesterday’s FOMC meeting and other central bank news. Next, we give a roundup of the latest news regarding the Russian invasion followed by international developments, with a focus on U.K. local elections. Lastly,… Read More »
Weekly Energy Update (May 5, 2022)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF It appears oil prices are attempting to create a trading range between $105 to $95 per barrel. That may hold until the SPR release is complete. (Source: Barchart.com) Crude oil inventories unexpectedly rose 1.3 mb compared to a 0.2 mb draw forecast. The SPR… Read More »