Research & News
Daily Comment (October 10, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF In today’s Comment, we begin with an update on the war in Ukraine, with a special look at the bridge attack. China news comes next, where we discuss the U.S.’s further tightening of semiconductor export controls. The international news roundup follows where… Read More »
Daily Comment (October 7, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment starts with a discussion about central banks around the world becoming more hawkish. Next, we give an overview of rising geopolitical tensions in Central Asia and Europe. We conclude the report with thoughts on how U.S. moves are… Read More »
Daily Comment (October 6, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with a discussion about the Federal Reserve’s insistence on raising its benchmark interest rate despite the global outcry. Next, we discuss the impact that Ukraine’s successes in the south have had on Russian sentiment. We end the… Read More »
Weekly Energy Update (October 6, 2022)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Crude oil prices remain in a downtrend. (Source: Barchart.com) Crude oil inventories fell 1.4 mb compared to a 2.1 mb build forecast. The SPR declined 6.2 mb, meaning the net draw was 7.6 mb. In the details, U.S. crude oil production was steady at… Read More »
Daily Comment (October 5, 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 there is increasing evidence that the Russian army is collapsing, at least in some specific areas. We next review a wide range of other international and U.S. developments with the… Read More »
Daily Comment (October 4, 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 Ukrainian forces continue to make surprising progress in the counteroffensives in northeastern and southern Ukraine. We next review a wide range of other international and U.S. developments with the potential… Read More »
Daily Comment (October 3, 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, including news that Ukraine has retaken more land with its counteroffensives in the northeast and south of the country. We next review a wide range of other international and U.S. developments… Read More »
Asset Allocation Bi-Weekly – The Gold Paradox (October 3, 2022)
by the Asset Allocation Committee | PDF Gold prices have been weak in recent months despite high levels of inflation. Gold is often considered an inflation hedge, and so the lack of strength is puzzling to many investors. In this report, we will take a look at gold and try to explain why prices have… Read More »
Daily Comment (September 30, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Today’s Comment begins with an overview of the upcoming Brazilian elections on Sunday. Next, we discuss how other countries are looking to fight inflation while generating economic growth. We end the report with a summary of the ongoing troubles in… Read More »