Research & News
Bi-Weekly Geopolitical Report – The War in Iran and the End of US Hegemony (April 20, 2026)
by Patrick Fearon-Hernandez, CFA | PDF In a Bi-Weekly Geopolitical Report late last year, we argued that the 2025 trade dispute between the United States and China revealed just how dramatically Beijing has increased its comprehensive power — military, political, economic, and technological. We argued that China’s comprehensive power may now rival or even surpass… Read More »
Daily Comment (April 20, 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 the US has seized an Iranian-flagged container ship, and the Iranians say they have again stopped traffic through the Strait of Hormuz. We next review several other international and… Read More »
Daily Comment (April 17, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with our thoughts on Anthropic’s latest AI model and provides an update on the war in Iran. Next, we examine the growing tensions between China and Japan, discuss the expanding uses for humanoid robots, and analyze how renewable energy… Read More »
Daily Comment (April 16, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment opens with a discussion on the renewed surge in AI enthusiasm as a key market theme. We then share our perspective on the EU’s push to strengthen its competitiveness and strategic autonomy from the US. Next, we provide an update… Read More »
Daily Comment (April 15, 2026)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM ET] | PDF Our Comment begins with a discussion of potential challenges surrounding the leadership transition at the Federal Reserve. We then provide updates on developments in Iran, the implications of the global memory chip shortage, the potential for renewed tariff increases, and signs of… Read More »
Daily Comment (April 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 war in Iran, where a tanker loaded with Iranian cargo has passed through the Strait of Hormuz today to challenge the new US blockade on the country. We next review several other international… Read More »
Daily Comment (April 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 war in Iran, including a new US threat to blockade ships traveling to and from Iranian ports and an Iranian warning that it would respond by attacking regional ports. We next review several… Read More »
Asset Allocation Bi-Weekly – Wars, Price Shocks, and Inventories (April 13, 2026)
by Patrick Fearon-Hernandez, CFA | PDF Since the launch of the US-Israeli war against Iran on February 28, if there’s been one dramatic feature, it’s that the conflict and official statements about it have shifted dramatically almost on a daily basis. By the time this report is published, the war could be going in a… Read More »