Daily Comment
Daily Comment (January 8, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with a discussion of how the Houthi threat to shipping in the Red Sea is disrupting global supply chains and threatening to push up inflation again. We next review a wide range of other international and U.S. developments… Read More »
Daily Comment (January 5, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! December jobs bury the bull market’s hopes, while Crosby and Bedard steal the NHL All-Star spotlight. In today’s Comment, we dive deep into the mysteries of the January Barometer, explore why the Magnificent Seven’s reign may be nearing its end,… Read More »
Daily Comment (January 4, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Global markets hum with cautious optimism as investors dissect the latest FOMC minutes, while the European football world holds its breath for Kylian Mbappé’s blockbuster transfer decision. In today’s Comment, we delve into the Fed’s policy signals, why Europe’s central… Read More »
Daily Comment (January 3, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with recent reports suggesting U.S. and European leaders are shifting their focus from helping Ukraine expel the invading Russians to simply helping it defend the territory it still holds. We next review a range of other international and… Read More »
Daily Comment (January 2, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with a discussion of what some observers are starting to describe as a Stalinist purge by General Secretary Xi. We note that Xi’s firing of military officers and defense industry officials may not be for corruption, but for… Read More »
Daily Comment (December 20, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Note to readers: the Daily Comment will go on holiday after today’s Comment and will return on January 2, 2024. From all of us at Confluence Investment Management, have a Merry Christmas and a Happy New Year! Our Comment today opens with… Read More »
Daily Comment (December 19, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Note to readers: the Daily Comment will go on holiday after December 20, 2023, and will return on January 2, 2024. From all of us at Confluence Investment Management, have a Merry Christmas and a Happy New Year! Our Comment today opens… Read More »
Daily Comment (December 18, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with several items related to the U.S.-China geopolitical rivalry and what it means for investors. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including more… Read More »
Daily Comment (December 15, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Risk assets surge as bullish winds sweep the market, while the Las Vegas Raiders dismantled their AFC West rivals in a dominant win. In today’s Comment, we unpack the dollar’s accelerating decline, dissect the shift away from mega-cap stocks, and… Read More »