Daily Comment
Daily Comment (May 1, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with a deep dive into the latest GDP report and its implications for the growth outlook. We then briefly cover President Trump’s new initiative to expand IRA access for low‑income workers, efforts to crack down on international IP theft,… Read More »
Daily Comment (April 30, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with our views on Powell’s final meeting as Fed chair. We then examine AI earnings and provide an update on developments in Iran. Next, we briefly discuss the prospect of Japanese intervention in currency markets and the possibility that… Read More »
Daily Comment (April 29, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with an analysis of the UAE’s OPEC exit and its implications for the cartel. We then examine King Charles’s White House visit and what it signals for the US-UK relationship. Next, we discuss the unexpected rise in consumer confidence,… Read More »
Daily Comment (April 28, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with a short update on the war in Iran. We next review several other international and US developments with the potential to affect the financial markets today, including a decision by the Bank of Japan to hold its… Read More »
Daily Comment (April 27, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with a quick update on the weekend shooting at the White House Correspondents’ dinner and on the war in Iran. We next review several other international and US developments with the potential to affect the financial markets today,… Read More »
Daily Comment (April 24, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens by examining early evidence that AI is beginning to reshape labor markets in select sectors. We then turn to Spirit Airlines and how its distress could serve as a gauge of how the US might respond if the war… Read More »
Daily Comment (April 23, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with a discussion of the recent chipmaker market rally. We then assess the dollar’s reserve‑currency status in light of its increased usage following the conflict in Iran. Next, we examine the US bailout of Spirit Airlines, Washington’s growing reliance… Read More »
Daily Comment (April 22, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with our takeaways from the Senate hearing for the Federal Reserve chair confirmation. We then update the situation in Iran, emphasizing our concerns that the extended truce remains fragile. Next, we discuss the reported unauthorized access to a powerful… Read More »
Daily Comment (April 21, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with an update on the war in Iran, where it remains unclear whether a new round of US-Iran peace talks will be held this week. We next review several other international and US developments that could affect the… Read More »