Research & News
Bi-Weekly Geopolitical Report – Goodbye Prigozhin (September 18, 2023)
Bill O’Grady | PDF On August 23, an executive jet carrying seven passengers and three crew members crashed near Moscow on a flight to St. Petersburg. Yevgeny Prigozhin, the head of the Wagner Group, a private Russian military company, was reportedly one of the passengers. Prigozhin was having an eventful summer. He had led an… Read More »
Daily Comment (September 18, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with signs that the Chinese government is working to prevent further financial market contagion related to its faltering real estate sector. We next review a wide range of other international and U.S. developments with the potential to affect… Read More »
Daily Comment (September 15, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment will be broken into three sections: 1) Why unions are starting to grow in popularity; 2) Why long-duration Treasury yields are likely to rise over the next few years; and 3) Why the market should be cautiously optimistic… Read More »
Daily Comment (September 14, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment is split into three sections: 1) Why rising energy prices will complicate the Fed’s efforts to project future policy rates; 2) Why European policymakers may be finished with their hiking cycle; and 3) Why the green transition is… Read More »
Weekly Energy Update (September 14, 2023)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Oil prices have continued their rise, with WTI trending towards $90 per barrel. (Source: Barchart.com) Commercial crude oil inventories rose 4.0 mb, compared to forecasts of a 2.0 mb draw. The SPR rose 0.3 mb which puts the net build at 4.2 mb (the… Read More »
Daily Comment (September 13, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with the latest news on souring relations between the West and China. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including the latest on the… Read More »
Daily Comment (September 12, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Today’s Comment opens with a discussion of new irritants in the China-India relationship and what they mean 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 indications… Read More »
Daily Comment (September 11, 2023)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with news about Chinese domestic politics and the country’s currency, the renminbi. We next review a wide range of other international and U.S. developments with the potential to affect the financial markets today, including news of a cut… Read More »