Weekly Commentary | July 26, 2026 | Flah & Crum Raises, Blackrock Specials, New Discount Lows

Jul 26, 2026

∙ Paid

Summary

Market volatility is driven by AI investment concerns, geopolitical tensions, and new tariffs, prompting defensive portfolio shifts and selective buying opportunities.
PIMCO Dynamic Income (PDI) trades at its lowest premium in a year, pricing in a potential distribution cut, with the price already reflecting much of the downside.
Taxable bond CEFs …