Research & News
Asset Allocation Bi-Weekly – Reflections on Inflation (February 13, 2023)
by the Asset Allocation Committee | PDF [Note: There will be no accompanying podcast with this report.] Several advisors and their clients have been asking questions about inflation, which suggests there is a degree of uncertainty surrounding the issue. This uncertainty is understandable as inflation is a very complicated subject and, unfortunately, economic theory has… Read More »
Weekly Energy Update (February 9, 2023)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Crude oil prices appear to have based but so far have failed to break above resistance at around $80-$82 per barrel. (Source: Barchart.com) Crude oil inventories rose 2.4 mb compared to a 2.0 mb build forecast. The SPR was unchanged. In the details, U.S.… Read More »
Bi-Weekly Geopolitical Report – Is Japan’s Sun Rising Again? (February 6, 2023)
Patrick Fearon-Hernandez, CFA | PDF Ever since Japan’s “bubble economy” imploded at the end of the 1980s and its population began to fall in the 2000s, investors have tended to dismiss the country’s financial markets as well as its geopolitical and economic standing. Japan’s pacifist constitution and its diplomatic deference to the United States constrained… Read More »
Weekly Energy Update (February 2, 2023)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Crude oil prices appear to have based but so far have failed to break above resistance at around $80-$82 per barrel. (Source: Barchart.com) Crude oil inventories rose 4.1 mb compared to a 1.0 mb draw forecast. The SPR was unchanged. In the details, U.S.… Read More »
Asset Allocation Bi-Weekly – Secular Trends In Bond Yields (January 30, 2023)
by the Asset Allocation Committee | PDF [Note: The podcast that accompanies this report will be posted later this week.] Secular trends in markets are trends that have an extended life. Their length can be different across various markets, but they are usually measured in years and sometimes decades. It is not uncommon for shorter-term… Read More »
Weekly Energy Update (January 26, 2023)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Crude oil prices appear to have based but so far have failed to break above resistance at around $80-$82 per barrel. (Source: Barchart.com) Crude oil inventories rose 0.5 mb compared to a 3.0 mb draw forecast. The SPR was unchanged. In the details, U.S.… Read More »