The Israel-Iran conflict is escalating, raising the odds of a major oil supply shock and reinforcing the case for cash, US equity overweight, and tactical energy exposure. Our Chart Of The Week comes from Matt Gertken, Chief…
BCA’s Geopolitical strategists expect further bond market volatility as Congress advances the “One Big Beautiful Bill,” which will act as a new fiscal stimulus ahead of the midterms. They assign a 90% probability to the eventual…
Bond market volatility will spike again in the near term. The Fed is committed to an easing cycle yet the Trump administration’s signature fiscal policy action will stimulate the economy. Tariffs are supposed to keep the budget…
BCA’s European Investment Strategist service warns that France’s political turmoil is far from over. The minority government is fragile, and the 2026 budget battle is set to trigger renewed social unrest and the threat of a no-…
In our Beta report, we focus on our decade view. Many of our global allocator clients are scrambling to incorporate geopolitics into their strategic asset allocation. For most, this means thinking about war… or about future end-…
Ongoing military tensions between Ukraine and Rusia and renewed US-EU trade friction reinforce tactical opportunities to add European exposure on dips. Ukraine’s drone strike on Russian air assets and the limited outcome of the…
President Trump faces new restrictions on his trade powers coming from the US judicial branch, but they will not prevent him from continuing to restrict trade and investment with China. Rather, they will establish some curbs against…
The latest political developments in Argentina increase the odds of further liberalizing reforms and solidify the economy’s structural upside. First, the libertarian governing party came out on top in Buenos Aires’ legislative…
OPEC+ recently announced another outsized oil production hike, tripling its planned June output increase to 411k b/d for the second consecutive month. Our take on why KSA is boosting crude output at a time of heightened downside…
