Daily Comment
Daily Comment (November 15, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning to all those eight billion out there (that are growing older, btw)! Equities are trending higher this morning, interest rates are falling, and the dollar is lower. The driving factor behind the rally is primarily the meeting between President Biden… Read More »
Daily Comment (November 14, 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 discussion of what comes next following Ukraine’s dramatic recapture of the southern city of Kherson late last week. We next review a wide range of other international and U.S.… Read More »
Daily Comment (November 11, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Happy Veterans Day! Today’s Comment begins with our view on the market’s reaction to the positive CPI report. Next, we discuss how a moderation in Fed policy could impact the dollar. The report ends with a review of recent developments that may… Read More »
Daily Comment (November 10, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with a quick observation on the market action following the CPI data. Next is our take on the midterm election results. Then, we point out the recent slowdown in the movement toward deglobalization. Lastly, we give an… Read More »
Daily Comment (November 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, including a discussion of some of the key air defense and cyberwarfare assistance that the U.S. has provided to Ukraine. We next review a wide range of other international and U.S.… Read More »
Daily Comment (November 8, 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 statement by Ukrainian President Zelensky that he is open to peace talks with Russia, subject to tough conditions. We next review a wide range of other international and… Read More »
Daily Comment (November 7, 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. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including multiple reports related to China. Importantly, there are conflicting… Read More »
Daily Comment (November 4, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with our thoughts on the impact higher interest rates will have on investor sentiment. Next, we discuss how the changing geopolitical landscape is forcing leaders to rethink their alliances. Lastly, we talk about both the positive and… Read More »
Daily Comment (November 3, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning. Today’s Comment begins with our thoughts on the Federal Reserve’s rate decision. Next, we discuss how the Fed indirectly pressures other central banks to tighten their own policy. Finally, we explain how an international push away from globalization will likely… Read More »