Patrick O'Hare's Blog

Chief Market Analyst

Patrick has been with Briefing.com for the past 15 years and authors the Page One, The Big Picture, and Market View columns. He also provides commentary on Live In Play.

He is quoted regularly by Forbes Magazine, Investor’s Business Daily, Active Trader Magazine and U.S. News & World Report. He has appeared on CBS Radio, CNBC, CNN International, Fox Business Network, and PBS’ Nightly Business Report.

A graduate of Vanderbilt University, Patrick is located in Chicago.

Is a Summer Swoon Emerging?

By Patrick O'Hare – The US dollar has been strong this year, particularly in the second quarter. The US Dollar Index, which measures the value of the US dollar against a basket of six foreign currencies, increased...

Mind the JOLTS Gap

By Patrick O'Hare – Market participants were literally and figuratively jolted this week when it became known by way of the Job Openings and Labor Turnover Survey (JOLTS) that the number of job openings in April exceeded...

Good Market, Bad Market

By Patrick O'Hare – Fans of the Chicago Bears haven't had much to cheer about since the Bears appeared in Super Bowl XLI on February 4, 2007, but even then, the cheers were constrained because we had a quarterback...

A Budding Choice Between Risk and Risk Free

By Patrick O'Hare – Why would stock investors be interested in owning short-term Treasury securities when this bull market has yet to be slain by the matador (that would be Fed Chair Powell by the way). If investors hold Treasury securities to maturity, they don't...

Earnings Are G-r-r-r-r-r-eat, but the Reaction to Them Isn't

By Patrick O'Hare – When we published our first quarter earnings preview on April 6, the projected earnings growth rate for the first quarter was 17.3%. Today, it sits at 23.2%, according to FactSet, which would be the highest...

You Can Say the "R" Word, But the Recession Can Wait

By Patrick O'Hare – The spread between the 10-yr Treasury note and the 2-yr Treasury note dropped below 50 basis points on April 9 and it has remained below 50 basis points since then. It is currently at 49 basis points, up from...

A Powell-Wow at the FOMC

By Patrick O'Hare – You have to hand it to Fed Chairman Powell. He orchestrated unanimity among Federal Open Market Committee (FOMC) members at his first meeting overseeing the FOMC and he projected a calm...

Back to the Yield Curve Future

By Patrick O'Hare – A few weeks ago, we highlighted the apparent contradiction of the reflation trade that has unfolded in the Treasury market. In brief, that contradiction is the flattening yield curve. This week, we're returning to the yield curve...

The Treasury Market's Contradiction of the Reflation Trade

By Patrick O'Hare – The reflation trade has taken hold of the stock market again, and, to a certain extent, it has taken hold of the Treasury market. The reflation hold on the Treasury market is plain to see at the front end...

A Big Decision Is Coming

By Patrick O'Hare – Fed decision day is coming. Not the Federal Open Market Committee (FOMC) decision (although that one is coming November 1). No, we're talking about THE decision, which will make the policy decisions...

Financial Sense Wealth Management: Invest With Us
Subscribe to Financial Sense Newshour on iTunes