Research & News
Daily Comment (December 18, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with several items related to the U.S.-China geopolitical rivalry and what it means for investors. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including more… Read More »
Daily Comment (December 15, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Risk assets surge as bullish winds sweep the market, while the Las Vegas Raiders dismantled their AFC West rivals in a dominant win. In today’s Comment, we unpack the dollar’s accelerating decline, dissect the shift away from mega-cap stocks, and… Read More »
Daily Comment (December 14, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! Risk assets surge as investors shake off recent jitters, while Giannis Antetokounmpo lit up the court with a 60-point performance. Today’s Comment navigates the key questions on the minds of many: Will central banks pivot soon? Are investors finally ready… Read More »
Weekly Energy Update (December 14, 2023)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF (N.B. The Weekly Energy Update is going on indefinite hiatus. Next year, look for a new report format.) Crude oil prices are continuing to break down despite OPEC+ efforts to restrain supply. Commercial crude oil inventories fell 4.3 mb compared to forecasts of a… Read More »
Daily Comment (December 13, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with some notes on a major Communist Party economic conference in China. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including some new details on… Read More »
Daily Comment (December 12, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with a disagreement at the big COP28 climate change conference over whether to call for an eventual phase-out of fossil fuels. We next review a wide range of other international and U.S. developments with the potential to affect… Read More »
Bi-Weekly Geopolitical Report – The 2024 Geopolitical Outlook (December 11, 2023)
by Bill O’Grady & Patrick Fearon-Hernandez, CFA | PDF (This is the final BWGR of 2023; the next report will be published on January 15, 2024.) As is our custom, in mid-December, we publish our geopolitical outlook for the upcoming year. This report is less a series of predictions as it is a list of… Read More »
Daily Comment (December 11, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Our Comment today opens with tantalizing signs that the Israel-Hamas conflict could be inching closer to its end game. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including new… Read More »