Research & News
Daily Comment (June 29, 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. We next review other international and U.S. developments with the potential to affect the financial markets today. We wrap up with the latest news on the coronavirus pandemic. Note: Because COVID-19… Read More »
Daily Comment (June 28, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment opens with an update on the Russia-Ukraine war, including a discussion regarding the actions taken against Russia by leaders at the Group of Seven summit, which ended today. We next review other international and U.S. developments with the potential to… Read More »
Daily Comment (June 27, 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. New sanctions are being discussed by Western leaders. We next review other international and U.S. developments with the potential to affect the financial markets today, including multiple items relating to China. … Read More »
Asset Allocation Bi-Weekly – The Selling of Austerity (June 27, 2022)
by the Asset Allocation Committee | PDF Politics is the art of the possible… — Otto Von Bismarck Although there have been attempts to treat it as a science (hence the study of political science), the necessary art of politics is to convince people to accept policies that may be contrary to their best interest. … Read More »
Daily Comment (June 24, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning. Today’s Comment starts with an overview of Federal Reserve Chair Jerome Powell’s testimony to the House Financial Services Committee. Next, we provide an update on the latest developments regarding the Russian invasion of Ukraine. Afterward, we briefly discuss the rise… Read More »
Weekly Energy Update (June 24, 2022)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Crude oil prices continue to rise in an orderly fashion. (Source: Barchart.com) Crude oil inventories rose 2.0 mb compared to a 2.0 mb draw forecast. The SPR declined 7.7 mb, meaning the net draw was 5.8 mb. In the details, U.S. crude oil production… Read More »
Daily Comment (June 23, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Today’s Comment begins with coverage of Fed Chair Jerome Powell’s testimony to the Senate Banking Committee. Next, we review the latest updates on the Russia-Ukraine war. We continue the report with a discussion about U.S. gas prices, China’s crackdown on tech, and… Read More »
Daily Comment (June 22, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment opens with an update on the Russia-Ukraine war, including news that Russian President Putin has launched a major purge and reorganization of his top military command amid ongoing shortcomings in the war effort. We next review other international and U.S.… Read More »
Daily Comment (June 21, 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 Russian forces continue their creeping seizures of territory in eastern Ukraine, and President Putin keeps trying to undermine Western support for Kyiv by cutting off energy exports to Europe. We… Read More »