Daily Comment
Daily Comment (February 2, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Our Comment today opens with key trade and international news, including an important sign of where the Biden administration will go with the protectionist trade policies it inherited from the Trump administration. Eurozone economic activity held up better than anticipated… Read More »
Daily Comment (February 1, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Good morning and welcome back from the weekend. Lots going on, but first, equity futures have turned higher, and the Northeast is getting some snow. Our coverage leads off with the coup in Myanmar. Russian protests follow. The continuing saga… Read More »
Daily Comment (January 29, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Good morning. Global equities are lower this morning as the spread of a new variant of the virus and COVID-19 vaccine production delays continue to worry investors. We begin our coverage with a discussion of new developments in the Reddit… Read More »
Daily Comment (January 28, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Good morning. A lot is going on in the world; equity futures were down most of the night but are crawling back to unchanged. We lead off with a recap of the first Fed meeting of the year, followed by… Read More »
Daily Comment (January 27, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Our Comment today opens with a short discussion of what to expect from today’s monetary policy decision from the Federal Reserve. In short, we expect no substantive change in policy. We then discuss a range of news stories from abroad,… Read More »
Daily Comment (January 26, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Our Comment today opens with news from China, where new data showing a surge of foreign direct investment into the country last year is being tempered by a new move by the central bank to reduce liquidity in the financial… Read More »
Daily Comment (January 25, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Good morning and Happy Monday. U.S. equity futures were higher this morning but are in retreat, with only the tech sector showing strength. This trend is likely due to concerns about another resurgence of the virus, pushing investors to fall… Read More »
Daily Comment (January 22, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Good morning. Global equities are lower as fears of a third wave of the coronavirus continue to mount. New developments related to the pandemic lead our coverage today, followed by a discussion of President Biden’s first day in office. The… Read More »
Daily Comment (January 21, 2021)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EST] | PDF Good morning. U.S. equity futures are higher this morning. The ECB meets today and leads off our coverage. A recap of President Biden’s first day follows. There is a plethora of news out of China. A pandemic update follows, with… Read More »