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 Our Geopolitical strategists recommend underweighting Turkish assets. Erdogan’s weakening rule, rising social unrest, and eroding governance are deepening Turkey’s macro deterioration. Inflation will stay sticky as odds of new…
Special Report Erdogan's rule continues to decline. Social unrest will persist, governance will erode, and the macro backdrop will deteriorate further. We recommend underweighting Turkish assets. 
 Indian equities remain resilient despite rising India-Pakistan tensions, but BCA’s EM strategists stay underweight India while favoring local-currency bonds. The latest flare-up follows Indian retaliation to last month’s terrorist…
 The Carney-Trump summit signals an early shift toward trade de-escalation, creating a tactical tailwind for risk assets. President Trump referred to the Canada-US relationship as a “wonderful marriage.” Moreover, both leaders…
Negotiations on trade, Iran, and Ukraine will prove critical this month. Markets will remain volatile because positive data surprises enable the White House to press its hawkish tariff hikes, while negative surprises force the White…
Special Report The US and Canada will resolve their trade dispute quickly, leading to a North American deal and better prospects for future relations, as well as for other US trade deals around the world. But even as tariff threats decline, the US…
 Our Private Markets & Alternatives strategists recommend shifting exposure within Port Infrastructure to India as re-globalization reshapes trade flows. The US will remain a trade leader, but tensions with China and the…
The US will continue to lead global trade, but the past winners from China-US tensions face decline. Reglobalization is underway. India Port Infrastructure will be a long-term winner.
Special Report Do not play the bounce in US and global cyclical assets as Trump backpedals from the trade war. China will talk, but the pace will be slow and the outcome disappointing. Fiscal stimulus will surprise marginally in the EU, China, and…
 Our EM strategists recommend upgrading CE3 assets within EM portfolios, as a structural shift in the global currency regime is underway. They expect the greenback to depreciate against the euro amid a global downturn, supporting…