Research & News
Daily Comment (March 9, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with an update on the Russia-Ukraine war, with a particular focus on yesterday’s announcements that the U.S., the U.K., and the EU would ban or work to cut imports of Russian energy commodities. It also appears that the… Read More »
Daily Comment (March 8, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Once again, our Comment opens with an update on the Russia-Ukraine War, where Russia appears to be preparing for a major new assault on Ukraine’s capital city, despite its military problems to date. We next review a number of international and U.S.… Read More »
Daily Comment (March 7, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with an update on the Russia-Ukraine War. The key developments include the U.S. and Poland looking into ways to provide Ukraine with more fighter jets (which obviously would be seen by Russia as exceedingly provocative) and the U.S.… Read More »
Asset Allocation Bi-Weekly – Believe It or Not, Fiscal Policy Is Tightening (March 7, 2022)
by the Asset Allocation Committee | PDF The U.S. economy and government economic policies have many moving parts, but investors often latch onto just one or two indicators or policy initiatives to gauge where asset prices are heading. These days, their focus has been on consumer price inflation and the Federal Reserve’s plan to hike… Read More »
Daily Comment (March 4, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! In today’s report, we continue our coverage of the Russian invasion of Ukraine. We next discuss some non-Ukraine news, including the Iran nuclear deal and the upcoming election in South Korea. We conclude with our pandemic coverage. Russian forces continue… Read More »
Daily Comment (March 3, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Today’s report begins with the latest developments of the Ukraine Crisis. We will then go over recent central bank news. Afterward, we will discuss economic and policy updates and conclude with our standard pandemic coverage. Russia-Ukraine Entering its 8th day,… Read More »
Weekly Energy Update (March 3, 2022)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Oil prices are moving sharply higher as sanctions expand against Russia. (Source: Barchart.com) Crude oil inventories unexpectedly fell 2.6 mb compared to a 2.5 mb draw forecast. The SPR declined 2.4 mb, meaning the net build was 5.0 mb. In the details, U.S. crude… Read More »
Daily Comment (March 2, 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, in which Russia appears to be ratcheting up its attacks on civilians. We next review a range of international and U.S. developments that have the potential to affect the financial markets… Read More »
Daily Comment (March 1, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF We begin today’s Comment with an update on the Russia-Ukraine war. The biggest development is that Russia seems poised to intensify its attacks and broaden them to include indiscriminate volleys against civilians. We next review a number of global, international, and U.S.… Read More »