Research & News
Daily Comment (February 7, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Today’s comment begins with an update on the Russia-Ukraine situation. We then cover a range of U.S. and international developments that have the potential to affect the financial markets today. We wrap up with the latest news on the coronavirus pandemic. Russia-Ukraine: … Read More »
Asset Allocation Bi-Weekly – Gold: An Update of Current Conditions (February 7, 2022)
by the Asset Allocation Committee | PDF Gold moved steadily higher from the late summer of 2018 into August 2020. Prices then declined toward $1,700 and have since traced out a trading range between $1,700 and $1,900. In this report, we will update our views on the metal. (Source: Barchart.com) We have been holding gold… Read More »
Daily Comment (February 4, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning. Today’s report begins with U.S. economics and policy, including updates on Ukraine and President Biden’s pick for the FOMC. Next, we discuss the significance of the Beijing Winter Olympics. International news follows, and we conclude with our pandemic coverage. Economics… Read More »
Daily Comment (February 3, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF Good morning! The overnight news was relatively tame, but we are following several stories. Today’s report begins with recent developments regarding the Ukraine situation. Up next, we discuss U.S. economic and policy news with an update on President Biden’s pick to fill… Read More »
Weekly Energy Update (February 3, 2022)
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA | PDF Since troughing in early December, oil prices have been steadily rising due to tightening supplies. We are approaching the highs set in November. Crude oil inventories unexpectedly fell 1.0 mb compared to a 1.8 mb build forecast. The SPR declined 1.9 mb, meaning the… Read More »
Daily Comment (February 2, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF In today’s Comment, we open with the latest developments in the Russia-Ukraine crisis. There is late-breaking news of the first troop deployments from the U.S. to NATO countries in Eastern Europe. We follow that with other U.S. and U.S.-related news that could… Read More »
Daily Comment (February 1, 2022)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EST] | PDF We open today’s Comment with an update on the Russia-Ukraine crisis, where we see a glimmer of hope that war will be avoided (although anything can still happen). We next turn to a wide range of mostly policy-related U.S. developments. After that,… Read More »
Bi-Weekly Geopolitical Report – Two Power Plays in Kazakhstan (January 31, 2022)
by Patrick Fearon-Hernandez, CFA, and Bill O’Grady | PDF Don’t miss the accompanying Geopolitical Podcast, now available on our website and most podcast platforms: Apple | Spotify | Google Over the past month, unrest has developed in Kazakhstan. The unrest began as protests against rising fuel prices, but it soon blossomed into broader, more widespread,… Read More »