Research & News

Daily Comment (December 4, 2020)

by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning and happy Employment Friday!  We examine the data in detail below, but the quick take is that the data was weaker than expected.  U.S. equity futures are moving higher this morning.  We lead off with pandemic news.  OPEC… Read More »

Asset Allocation Weekly (December 4, 2020)

by Asset Allocation Committee | PDF Over the decades, keen observers of the financial markets have developed a number of theories and strategies that serve as useful tools for understanding market dynamics.  One of the most famous such tools is the Dow Theory, which explains longer-term market movements based on the writings of Wall Street… Read More »

Daily Comment (December 3, 2020)

by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning.  U.S. equity futures are steady this morning in front of tomorrow’s employment data.  There is a lot of news this morning.  We lead off with China news, as the House passes the Senate bill on the issue of… Read More »

Daily Comment (December 2, 2020)

by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Our Daily Comment today opens with a discussion of President-elect Biden’s economic team, which was formally introduced yesterday.  We then cover developments related to Brexit, the EU’s proposed coronavirus recovery fund, mutualized debt, and other international issues.  We end with… Read More »

Daily Comment (December 1, 2020)

by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Our Daily Comment today opens with the latest developments as President-elect Biden builds out his policy team.  It now appears his nominee for the Office of Management and Budget (OMB) is generating congressional pushback.  We then review key international developments,… Read More »

Daily Comment (November 30, 2020)

by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning and happy Monday, the last day of November!  We’re back after a few days off.  U.S. equity futures are lower this morning in a quiet trade.  Gold continues to decline as well; we comment below.  We lead off… Read More »

Daily Comment (November 24, 2020)

by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Our Daily Comment today opens with news related to the presidential election and transition.  The Trump administration is now allowing Vice President Biden’s team to access federal resources for the transition of power, and the resulting reduction in uncertainty is… Read More »

Weekly Geopolitical Report – The Disputed Territory of Nagorno-Karabakh: Part I (November 23, 2020)

by Thomas Wash | PDF (Due to the Thanksgiving holiday, our next report will be published on December 7, 2020.) On November 9, Armenia agreed to give up some of its territory to Azerbaijan in a deal brokered by Russia. After six weeks of fighting and three failed ceasefires, Azerbaijan and Armenia have ended their… Read More »

1 2 3 187