Research & News
Daily Comment (September 24, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with our thoughts on the risk of the economy overheating. We then turn to AI, examining the latest incident of agents going rogue online. Next, we briefly cover the Eurozone’s better-than-expected growth, a possible US ban on fuel exports,… Read More »
Daily Comment (September 23, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with our thoughts on the recent resurgence of AI FOMO. We then turn to geopolitics, discussing the decision by Washington and Tehran to reopen dialogue at the UN summit. Next, we briefly cover the pushback against global AI oversight,… Read More »
Daily Comment (September 22, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment today opens with increased calls for the US to ban diesel fuel exports to help bring down domestic prices. We next review several other international and US developments that could affect the financial markets today, including new signs that the… Read More »
Daily Comment (September 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 Iran-backed proxies have staged a new attack on Saudi Arabia. However, speculation that President Trump could meet with the Iranian president in New York this week has raised hopes… Read More »
Asset Allocation Bi-Weekly – Breaking the Bond Fever! (September 21, 2026)
by Thomas Wash | PDF After months of rising long-term yields, Treasury Secretary Scott Bessent has intervened in the bond market to help calm what he describes as a “fever.” The move reflects growing concern within the administration that fear has outweighed fundamentals in bond valuations, as investors grapple with rising energy costs tied to… Read More »
Daily Comment (September 18, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with our takeaways from the Bank of Japan’s latest rate decision. We then turn to trade, examining the recent easing of tensions between the US and China ahead of their talks. Next, we briefly cover the prospect of renewed… Read More »
Daily Comment (September 17, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with our takeaways from today’s rate decision and what we could gather from the Fed’s communication. We then turn to the market’s reaction to the decision, examining its impact on equities and fixed income. Next, we briefly cover the… Read More »
Daily Comment (September 16, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with our thoughts on the Fed ahead of today’s rate decision. We then turn to AI, examining the growing debate over regulation. Next, we cover legislation that would grant President Trump new trade authority, a meeting between US and… Read More »
Daily Comment (September 15, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with our thoughts on how rising fears over AI are shaping the debate on global policy. We then turn to fixed income, examining the drivers behind the 10-year Treasury yield’s move to 5%. Next, we briefly cover China’s new… Read More »