Daily Comment
Daily Comment (January 3, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with an update on all the key global developments over the holiday period, including the latest on China’s new COVID-19 wave and how it’s affecting international relations. We next review a wide range of other international and U.S.… Read More »
Daily Comment (December 20, 2022)
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 3, 2022. 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, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with a review of Japan’s new defense strategy, which was released at the end of last week, and illustrates how Japan intends to become a much more powerful military force and a more potent ally as the U.S.-China… Read More »
Daily Comment (December 16, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Today’s Comment begins with our thoughts about European fragmentation. Next, we discuss how countries within blocs may prioritize their own self-interests over others within their group. Lastly, we review signs that the global economy may enter a recession in 2023. Fragmentation Returns:… Read More »
Daily Comment (December 15, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Today’s Comment begins with a discussion on the Federal Reserve’s rate decision from Wednesday. Next, we provide an overview of both the European Central Bank and Bank of England’s decision to tighten monetary policy. Lastly, we give our thoughts about… Read More »
Daily Comment (December 14, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with the continuing troubles in the global cryptocurrency markets, as well as welcome signs that inflation is continuing to slow even outside of the United States. We next review a wide range of other international and U.S. developments… Read More »
Daily Comment (December 13, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with the expected surge in COVID-19 infections in China after it relaxed its pandemic regulations. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including the… Read More »
Daily Comment (December 12, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with a major scientific success that could help improve energy supplies in the coming years. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including a… Read More »
Daily Comment (December 9, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Equity prices have tanked, and the U.S. dollar surged following the hotter-than-expected Producer Price Index report. Today’s Comment begins with discussing the effectiveness of price caps in deterring Russia’s war effort. Next, we examine some possible changes to inflation and… Read More »