Bi-Weekly Geopolitical Report – The Corporatist State and Its Investment Implications (7/27/2026)

Taking ownership stakes in key high-tech companies is only one way the federal government is exerting its influence on the economy. A whole new economic system appears to be emerging, one that Confluence Chief Market Strategist Patrick Fearon-Hernandez calls the corporatist state. Patrick joins Phil Adler to discuss this transition and why as an investment strategist he's taking notice.