Research & News
Daily Comment (July 26, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Good morning! S&P 500 futures are higher as investors remain optimistic about a Fed pivot. The USWNT boosted spirits with a crucial victory over Zambia, keeping their Olympic quest for gold alive. Today’s Comment will dissect the latest GDP data and its… Read More »
Daily Comment (July 25, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Good morning! The S&P 500 is off to a sluggish start as investors digest recent earnings reports. In sports news, Morocco’s men’s soccer team was almost robbed of its Olympic victory over Argentina. Today’s Comment will explore the possibility of a Fed… Read More »
Daily Comment (July 24, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Good morning! S&P 500 futures are indicating a subdued open as investors digest earnings. In sports news, Team USA’s basketball team defeated Germany in its final Olympic tune-up. Today’s Comment begins with our analysis of why the Magnificent 7 companies might be… Read More »
Daily Comment (July 23, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with a new update on the Summer Olympic Games, which begin on Friday. Importantly, there are reportedly hundreds of thousands of tickets still available. We next review several other international and US developments with the potential to affect… Read More »
Bi-Weekly Geopolitical Report – Meet Ferdinand Marcos Jr., President of the Philippines (July 22, 2024)
by Daniel Ortwerth, CFA | PDF Seven short weeks ago, we published a report on the brewing tensions between China and the Philippines in the South China Sea, focusing on their dispute over the Second Thomas Shoal. Despite the tight time interval since that report, the brisk pace of continuing developments in the area and… Read More »
Keller Quarterly (July 2024)
Letter to Investors | PDF We are in a season when the average investor is not thinking much about the normal factors of investment risk and return, such as interest rates or economic growth. Investors are now focused on politics, first and foremost. This is understandable, and not just because this is a presidential election… Read More »
Daily Comment (July 22, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with some initial comments on President Biden’s decision over the weekend to withdraw from the November election. We next review several other international and US developments with the potential to affect the financial markets today, including an apparent… Read More »
Daily Comment (July 19, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Good morning! S&P 500 futures are off to a modest start. In sports news, Caitlin Clark broke the WNBA assist record. Today’s Comment will discuss the recent massive tech outage, the overperformance of small caps relative to large caps, and our thoughts… Read More »