by Joseph Sykora | Feb 28, 2022 | Blog, Energy, Macro Updates
As this is being written, WTI crude oil trades at $96.13/bbl (per barrel); the last time oil closed that high was 2014. Of course, given recent events and the inherent volatility in oil, price could easily be >$100 or <$90/bbl by the time this piece is published...
by David Wagner | Feb 22, 2022 | Blog, Macro Updates
The culmination of the NFL season tends to coincide with another ending – Q4 earnings season, as 82% of the S&P 500 constituents have now reported. Fourth-quarter earnings have come in high versus historical norms, albeit slightly below previous quarters. We knew...
by David Wagner | Feb 21, 2022 | Blog, Macro Updates
Risk is the game of world conquest, and Vladimir Putin is currently Player 1, as Russia has been on an epic struggle for Ukraine domination ever since they voted overwhelmingly for independence in 1991 (from the Soviet Union). Yet, investors and NATO should have taken...
by John Luke Tyner | Feb 18, 2022 | Blog, Bonds, Macro Updates
Current Rates & the Curve Macro influences like the Russia/ Ukraine news are likely temporary and the major influence over yields remains central bank tightening. That is the key to watch beyond the short term, and the bottom line is that the trend in...
by John Luke Tyner | Feb 15, 2022 | Blog, Macro Updates
The inflation print was hotter than expected and surprised to the upside AGAIN. The data should reinforce the Fed’s need to begin raising rates next month to combat broad-based inflationary pressures. The continuation of strong inflation data (and job/wage data)...
by John Luke Tyner | Feb 7, 2022 | Blog, Macro Updates
NFP February 4th, 2022 We are always in tune with the job data that comes across our screens the first Friday of each month, but we don’t typically dedicate a post to respond. Following Friday’s January release (February 4th), given the surprise of the strength of the...
