Research & News
Daily Comment (July 16, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment begins with an assessment of the latest developments in Iran. We then turn to AI, where early signs of public resistance to data center expansion are beginning to emerge. Next, we examine Microsoft’s strategy to reinforce its competitive positioning against… Read More »
Daily Comment (July 15, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with our key takeaways on the latest escalation in the US-Iran conflict. We then turn to Fed Chair Warsh’s congressional testimony and its implications for inflation expectations. Next, we briefly discuss the State Department’s new grant initiative in Europe,… Read More »
Daily Comment (July 14, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with an update on the conflict in Iran, where the June ceasefire has essentially collapsed and produced an enormous spike in global oil prices. We next review several other developments that could affect the financial markets today, including… Read More »
Bi-Weekly Geopolitical Report – Dragon Boat Diplomacy: China’s Outreach to US Citizens (July 13, 2026)
by Patrick Fearon-Hernandez, CFA | PDF Developing global macro investment strategy doesn’t just involve geopolitical analysis, economic studies, and financial modeling — or at least it shouldn’t be limited to those disciplines. Relationships and conversations in real life can be just as important. To illustrate why, this edition of our Bi-Weekly Geopolitical Report discusses a… Read More »
Daily Comment (July 13, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with an update on the on-again, off-again war in Iran (it now appears to be on again, driving up global energy prices today and weighing on stock values). We next review several other international and US developments that… Read More »
Daily Comment (July 10, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with our assessment of Chair Warsh’s newly announced task force and the group of experts selected to lead it. We then examine the White House’s push to have foreign chipmakers expand manufacturing capacity in the US. Next, we briefly… Read More »
Daily Comment (July 9, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment begins with key takeaways from the latest escalation between the US and Iran. We then turn to the Federal Reserve, providing a breakdown of the most recent meeting minutes. Next, we briefly cover the US decision to expand support for… Read More »
Daily Comment (July 8, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with an examination of the latest US-Iran confrontation and the potential collapse of the ceasefire. We then examine rising concerns around AI investment, particularly the fears of excessive spending. Next, we cover Marine Le Pen’s decision to run for… Read More »