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Executive Summary   US Support For A Military Coup?  A confluence of structural and cyclical factors makes the US highly prone to social and political instability, as in 2020. Today’s stagflationary economic…
Executive Summary Russia’s Crude Oil Output Will Fall  Russia will have to lower oil production to ensure output it hasn’t placed with non-EU buyers does not tax its limited storage facilities, ahead of the bloc’s…
Special Report Executive Summary US Deficits Will Rise Before They Fall   The Inflation Reduction Act combined with the Chips and Science Act will add $88 billion to the budget deficit through FY2027. The two bills would only reduce the…
  According to BCA Research’s Geopolitical strategy service, the odds of WWIII could be as high as 20% over the next two-years. The team presents a series of “decision trees” to formalize different scenarios…
Special Report Executive Summary With the fourth Taiwan Strait crisis materializing, the odds of a major war between the world’s great powers have gone up. Our decision trees suggest the odds are around 20%, or double where they stood from…
Executive Summary Oil Markets Remain Tight  US and Iranian negotiators received an EU proposal for reviving the Iran nuclear deal on Monday, which could return ~ 1mm b/d of oil to markets.  The EU’s embargo of…
Executive Summary Biden Taps China-Bashing Consensus   House Speaker Nancy Pelosi’s visit to Taiwan reflects one of our emerging views in 2022: the Biden administration’s willingness to take foreign policy risks…
  BCA Research’s Geopolitical Strategy service concludes that the US-China confrontation over Taiwan could cause a dramatic escalation in strategic tensions. Speaker of the US House of Representatives Nancy Pelosi arrived…
Executive Summary Biden Can Take Risks Ahead Of Midterms  News reports suggest House Speaker Nancy Pelosi will travel to Taiwan and meet with Taiwanese President Tsai Ing-wen in the coming days. China has promised military…
Executive Summary Italy’s right-wing alliance, led by Brothers of Italy, will likely outperform in  the upcoming election. The new government will prioritize the economy, posing a risk to the EU’s united front…