The rise in overdraft fees reflects consumer behavior amid economic pressures. While reduced CFPB oversight may contribute, banks should consider the sustainability of this revenue model, especially as digital banking grows and regulatory scrutiny may increase.

"Interesting point, Bob. EM equities have outperformed, but it's always a balancing act with risk and reward. Many investors are underweight in this area, so it’ll be interesting to see if this trend holds up into 2026."