Special Report

According to market lore, one should never say, "It's Different This Time". But every time is always different: there is a never a previous period that perfectly matches the current environment. That is why forecasting is so…

Highlights Editor's Note: I am pleased to return to U.S. Investment Strategy (USIS). I worked with the service when I joined BCA in 2010, and previously led it from August 2013 through September 2014. Sara Porrello, who has been with…

Special Report

Highlights Without swift and considerable fiscal austerity or aggressive privatization, Brazil's public debt situation will become uncontrollable. Brazilian voters' priorities and preferences are for more public spending, not…

Highlights Our forecast of higher geopolitical risk in 2018 is coming to fruition; President Trump's two key policies, economic populism (fiscal stimulus) and mercantilism (trade tariffs), will counteract each other; Stimulus is…

Special Report

Highlights Rising non-OPEC production and the Trump administration's successful efforts at jawboning OPEC into increasing oil production - including a not-so-subtle threat that American protection of the Cartel's Gulf Arab…

Highlights President Trump is a prisoner of his own mercantilist rhetoric - there is more trade tension and volatility to come; China's depreciation of the RMB can go further - and will elicit more punitive measures from Trump;…

Special Report

Dear Client, Geopolitical analysis is a fundamental part of the investment process. BCA’s Chief Geopolitical Strategist, Marko Papic, will introduce a one-day specialized course - Geopolitics & Investing - to our current BCA…

Special Report

Highlights Systemic, data-driven, political analysis is a "must-have" (and "nice to have" too!); Investment-relevant political analysis has to be data driven; Predicting political outcomes is difficult, but to…

Special Report

Highlights Systemic, data-driven, political analysis is a "must-have" (and "nice to have" too!); Investment-relevant political analysis has to be data driven; Predicting political outcomes is difficult, but to…

Highlights If the EU27 pours cold water on Theresa May's much-hyped Brexit proposals, the immediate uncertainty around Brexit would increase. But a longer-term outcome that keeps the U.K. either in a protracted transition to exit…