Research & News
Daily Comment (March 24, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s report will continue with our focus on the Russian invasion of Ukraine. Afterward, we discuss non-Ukraine-related news and close with our pandemic coverage. President Biden plans to meet with NATO and EU leaders on Thursday to discuss imposing tougher… Read More »
Weekly Energy Update (March 24, 2022)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF After falling last week, oil prices have moved steadily higher on continued tensions in Ukraine. (Source: Barchart.com) Crude oil inventories fell 2.5 mb compared to a 0.5 mb draw forecast. The SPR declined 4.2 mb, meaning the net draw was 6.7 mb. The withdrawal… Read More »
Daily Comment (March 23, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Once again, our Comment opens with an update on the Russia-Ukraine war, where the leading news over the next couple of days is likely to be the major allied diplomatic meetings in Europe. We next review a range of international and U.S.… Read More »
Daily Comment (March 22, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF We begin today’s Comment with an update on the Russia-Ukraine war. We next review a range of international and U.S. developments with the potential to affect the financial markets today. We wrap up with the latest news on the coronavirus pandemic. Russia-Ukraine: … Read More »
Daily Comment (March 21, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with an update on the Russia-Ukraine war, where the Battle of Mariupol is intensifying. We next review a range of international and U.S. developments with the potential to affect the financial markets today. We wrap up with the… Read More »
Asset Allocation Bi-Weekly – A Commodity Update (March 21, 2022)
by the Asset Allocation Committee | PDF Since the beginning of the year, commodities, as measured by the Bloomberg Commodity Index, have been up 15.4%. All other major asset classes are down for the year. Among the S&P 500 sectors, only energy is positive. Commodity prices were strong going into the war in Ukraine, but… Read More »
Daily Comment (March 18, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s report begins with the latest updates on the Russian invasion of Ukraine. We then give a brief roundup of international news items and conclude with COVID-19 coverage. The conflict in Ukraine shows no signs of abating. On Thursday, Reuters… Read More »
Daily Comment (March 17, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! The report today begins with Zelensky’s speeches to Congress and the Bundestag. We then give a brief overview of Wednesday’s Fed meeting and the impact it may have on financial markets. Next, we focus on energy and China-related news and… Read More »