Daily Comment
Daily Comment (March 4, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with our assessment of the latest developments in Iran. We then examine how the conflict is reshaping the US relationship with its transatlantic allies. Next, we look at the Texas primary elections, review a new report on Germany’s infrastructure… Read More »
Daily Comment (March 3, 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 the Middle East. We next review several other international and US developments with the potential to affect the financial markets today, including a move by France to extend its nuclear weapons… Read More »
Daily Comment (March 2, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with some thoughts on the new war against Iran that the US and Israel launched on Saturday. We next review several other international and US developments that could affect the financial markets today, including more signs of weak… Read More »
Daily Comment (February 27, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with our thoughts on the recent disagreement between Anthropic and the Department of Defense. We then turn to the UK by-election, examining the broader populist wave sweeping across the West. Following that, we discuss the ongoing global chip shortage,… Read More »
Daily Comment (February 26, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with an analysis of the market’s reaction to Nvidia’s earnings before turning to the ongoing negotiations between the US and Iran. We continue with a brief overview of the Cuban attack on a US-registered vessel, the White House’s push… Read More »
Daily Comment (February 25, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with reports of new mass protests in Iran that could potentially help spur the US to launch its expected attack on the country. We next review several other international and US developments that could affect the financial markets… Read More »
Daily Comment (February 24, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with a review of two key factors behind yesterday’s stock sell-off: a report highlighting inaccurate accounting related to data centers and another report suggesting artificial intelligence will lead to massive economic dislocations. We next review several other international… Read More »
Daily Comment (February 23, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with an update on the US’s evolving foreign trade policy now that the Supreme Court has invalidated much of the administration’s tariffs. We next review several other international and US developments that could affect the financial markets today,… Read More »
Daily Comment (February 20, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment begins with an analysis of the US pressure campaign on Iran, then examines the growing concerns surrounding private credit firms. We next explore signs of a “New Monroe Doctrine” emerging in South America and discuss speculation over the ECB president’s… Read More »