Research & News
Daily Comment (July 14, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Our latest Confluence of Ideas podcast episode is now available, titled “The 2020 Election: Part 2.” In our “2020 Geopolitical Outlook,” we named the 2020 U.S. election as a key event. Our recent five-part Weekly Geopolitical Report series examined this… Read More »
Weekly Geopolitical Report – Why China and India Are Fighting (July 13, 2020)
by Patrick Fearon-Hernandez, CFA | PDF In a bizarre confrontation last month, Chinese and Indian soldiers fought a pitched battle in near total darkness high up in the Himalayan mountains. If that wasn’t strange enough, the weapons used were merely fists, stones, police batons, and wooden clubs wrapped in barbed wire or studded with nails.… Read More »
Daily Comment (July 13, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] | PDF Good morning and happy Monday! Global equity markets are higher this morning. There is a good deal of foreign news today, including Poland’s election news and Turkey’s controversial move to change a museum into a mosque. China will be next… Read More »
Daily Comment (July 10, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] Good morning and happy Friday! Being Friday, there is a new Asset Allocation Weekly, associated podcast and chartbook, all available for the weekend. U.S. equity futures and global equities are taking a breather. Conditions with China continue to deteriorate. It looks like… Read More »
Asset Allocation Weekly (July 10, 2020)
by Asset Allocation Committee Equity markets, to a greater or lesser degree, tend to reflect social and political trends. After all, the mood of investors plays a role in the propensity to move money into stock markets. Unfortunately, the impact of social or political events on equities tends to be a mixed bag. The chart below… Read More »
Daily Comment (July 9, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA [Posted: 9:30 AM EDT] Good morning. Global equities are higher as Chinese markets continue on a tear. News on China leads our commentary this morning. Our usual update of the pandemic follows, along with foreign news, an update on policy, market action and the economy. The… Read More »
Weekly Energy Update (July 9, 2020)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA Here is an updated crude oil price chart. The oil market has stabilized at higher levels after April’s historic collapse. Crude oil inventories rose well above market expectations, with stockpiles rising 5.3 mb compared to forecasts of a 3.0 mb draw. The SPR added 0.6 mb… Read More »