Research & Gradings
Below you will find selected samples of Past and Current articles from our publications. To download or read the the full publication please Subscribe.
Grant Whitaker, President and CEO of the Utah Housing Corporation (UHC) will retire in April, after more than 40 years.
Smith's is issuing an Event Risk for Solar Flares (+1) The Solar Cycle 25 reached its lowest level in 2020 and it has started climbing higher in 2021. Forecasts predict the Solar 25 Cycle will peak in 2025.
Despite positive polling, the Biden Administration's first major piece of legislation was successful because enough Democratic senators agreed to tow the party line. But the process did not occur as smoothly as some may have believed. We think that going forward, passing and implementing future major legislation will require a significant amount of political horse-trading. Even that will not assure victory, because each side will be seeking to satisfy their constituents, especially with the 2022 mid-terms looming in the background.
At press time, the US EPA issued two actions to protect public health from "Forever Chemicals" in the nation's drinking water. The topic is featured in the movie Dark Waters, a 2019 American legal thriller that dramatizes Robert Bilott's case against DuPont after they contaminated a town in West Virginia with unregulated chemicals (PFAS) in the production of Teflon. The EPA's announcement followed a timely MAGNY discussion on the roughly 50,000 U.S. public water systems and the challenges of funding and replacing the aging infrastructure.
The National Emergency has been extended according to a letter from President Joe Biden to The Congress of the United States.
American Dream bondholders went on real roller coaster ride that rivals the mall's Nickelodeon Universe Theme park.
Summary: Since the global outbreak of coronavirus in early 2020, there has been a move to stockpile food, increase prices, and in some cases, impose export restrictions. In the U.S., as the numbers of those infected and dying rises and unemployment rapidly rockets upwards, consumer behavior has turned more cautious and food distribution centers are swamped by hungry families. This situation is not helped by the closure of restaurants and concerns over distribution systems and the health of drivers who transport food and other household items. There are also increasing questions over food cultivation and the labor needed to bring crops to harvest. Although it is too early to be sounding the alarm regarding a food security crisis, which could lead to social turmoil, the seeds for such a development are possibly being planted. The risk is the creation of a food crisis when there really isn’t one – yet. This issue is likely to become more significant if the pandemic continues through the summer, dimming hopes of economic revival and raising the specter of food shortages.
Summary: Since the global outbreak of coronavirus in early 2020, there has been a move to stockpile food, increase prices, and in some cases, impose export restrictions. In the U.S., as the numbers of those infected and dying rises and unemployment rapidly rockets upwards, consumer behavior has turned more cautious and food distribution centers are swamped by hungry families. This situation is not helped by the closure of restaurants and concerns over distribution systems and the health of drivers who transport food and other household items. There are also increasing questions over food cultivation and the labor needed to bring crops to harvest. Although it is too early to be sounding the alarm regarding a food security crisis, the seeds for such a development are possibly being planted, which could lead to social turmoil. The risk is the creation of a food crisis when there really isn’t one – yet. This issue is likely to become more significant if the pandemic continues through the summer, dimming hopes of economic revival and raising the specter of food shortages.
Summary: It is difficult to escape coronavirus. Between the major cable networks running scoreboards numbering the infected and dead and the barrage of stories on social media, the virus dominates the news flow. The only other major story beyond coronavirus is the oil price war between Russia and Saudi Arabia, which is causing a considerable amount of discomfort in the U.S. and Canadian oil patches. The virus and the oil price war are a one-two punch to the global economy and are reshaping the world. As 2020 plays out, our approach to cross-border economic relations, travel, urban planning, healthcare and the structure of daily life is changing. The bottom line is that coronavirus is the black swan that most of us failed to see.
David Hitchcock participated in S&P Global Ratings' Webinar on State Ratings and quietly retired at the end of the day. It was a silent send-off for a great analyst. Your correspondent checked in with him the very next day.
Smith's Research & Gradings focuses on the people, sectors and news that matter the most to you. Smith's analysis is an indispensable part of Wall Street and the world's capital markets. Our approach was inspired by the need for a consistent analytical approach across all asset classes.
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Smith's Research & Gradings focuses on the people, sectors and news that matter the most to you. Smith's analysis is an indispensable part of Wall Street and the world's capital markets. Our approach was inspired by the need for a consistent analytical approach across all asset classes. Smith's Gradings are a time-tested, performance proven, and principles-based approach to risk. We go beyond the numbers to connect the dots for the world's decision makers. We can enhance the performance of investments in assets around the globe, while helping to ensure the safety of portfolios here at home.
Let a subscription to The Global Economic Doctor provide you with access to sovereign news, analysis and insights. Concise and powerful, the Global Economic Doctor spans the globe, giving you a read on how today’s market developments and key players are impacting your business around the planet.