Highlights The stock market can apparently ignore the intensifying US-China conflict as long as massive monetary and fiscal stimulus continues. Hence the ongoing “stimulus hiccup” is a big problem. Ultimately a stimulus…
BCA Research's Commodity & Energy Strategy and Geopolitical Strategy services conclude that the Beirut blast calls attention to instability in the Shia Crescent. The August 4 explosion at the Port of Beirut was…
BCA Research's Geopolitical Strategy service concludes that investors should be prepared for a risk-off episode in the near term in case Congress fails to compromise on a major new fiscal stimulus. Ultimately the US…
Former Vice President Joe Biden has picked Senator Kamala Harris of California as his running mate on the Democratic Party ticket in the US presidential race. Harris is not a surprise. This choice does not change the 2020…
Dear Client, In lieu of our regular report next week, we are sending you a Special Report from my colleague Chester Ntonifor, Foreign Exchange Strategist. Chester will share his outlook on the Hong Kong Dollar. I hope you will find his…
Former Vice President Joe Biden’s picking Senator Kamala Harris of California as his running mate is not a surprise. It does not change the 2020 election equation – vice presidents rarely do and she does not hail from a swing…
Negotiations on a new round of US fiscal stimulus appear to have stalled. Financial markets are complacent for now, but the longer the stalemate continues, the more likely it is that investors will take notice. The fact of the…
The biggest developments overnight Sunday were geopolitical. President Donald Trump signed an executive order to provide more relief to Americans. Then China fired a new salvo in the geopolitical war with the US. In a nutshell,…
Highlights Ultimately the US Congress will pass a major stimulus bill, but short-term risks to the equity rally are elevated. President Trump’s executive actions are not sufficient stimulus in the absence of an act of Congress…