Leaders At The Bell with Eduardo Borberg Mendoza, Managing Director at GenTrust Oct 09, 2026

Eduardo Borberg-Mendoza of Gen Trust Wealth Management discusses investment strategy from the New York Stock Exchange floor on October 9, 2026. With the 10-year Treasury bond yielding 5.3%, the highest since 2022, he sees attractive opportunities in fixed income alongside diversified equity exposure across US, European, Asian and emerging markets. Rising bond yields are driven by persistent inflation, government deficit financing needs, and economic growth, with the US now spending approximately 18% of tax revenue on interest payments rather than infrastructure.

Mendoza notes the Federal Reserve is raising rates contrary to expectations from a year ago, influenced partly by oil price increases from the Iran conflict. He expresses caution about artificial intelligence investments, concerned that massive capital deployed in AI infrastructure, semiconductors, and data centers may not deliver expected returns. The firm maintains a neutral stance on equities and awaits third-quarter earnings reports and upcoming inflation data before making further positioning decisions. He emphasizes investor education for younger generations and sees foreign investment returning to Venezuela's energy sector.