Research & News
Daily Comment (March 31, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today, we will begin our report with the latest updates on Russia’s invasion of Ukraine. The focus of the discussion will be on possible miscalculations from both Russia and the West. Next, we will give a brief roundup of the… Read More »
Weekly Energy Update (March 31, 2022)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Oil prices remain volatile, moving on news regarding the Russia-Ukraine war. (Source: Barchart.com) Crude oil inventories fell 3.4 mb compared to a 2.2 mb draw forecast. The SPR declined 3.0 mb, meaning the net draw was 6.5 mb. In the details, U.S. crude oil… Read More »
Daily Comment (March 30, 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 continued fighting suggests the optimism regarding yesterday’s peace talks was probably misplaced. We next review several international and U.S. developments with the potential to affect the financial markets today. We… Read More »
Daily Comment (March 29, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF We open our Comment today with an update on the Russia-Ukraine war, which remains broadly stalemated as a new round of negotiations start in Istanbul. We next review a range of international and U.S. developments with the potential to affect the financial… Read More »
Bi-Weekly Geopolitical Report – The New Era of Higher Defense Budgets (March 28, 2022)
by Patrick Fearon-Hernandez, CFA | PDF The Russia-Ukraine war has transformed the world in the blink of an eye. We think the war and its aftermath will reverse much of the economic globalization of recent decades and cleave the world into two or more blocs with only limited interplay. We believe sanctions on Russia will… Read More »
Daily Comment (March 28, 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 the big stories are an apparent Russian decision to limit its war aims and President Biden’s off-the-cuff remark suggesting President Putin should be removed from power. We next review a… Read More »
Daily Comment (March 25, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s report will focus on internal fears that Russia will use chemical or nuclear weapons in Ukraine. Next is our U.S. economic and policy update, followed by international news. We conclude with our pandemic coverage. Following his meeting with NATO… Read More »