Our US Political strategists published a Special Report on the trade and fiscal policies likely to be implemented on Day One as the Trump administration takes over Washington. Trump is likely to implement significant tariffs…
Our Emerging Markets strategists just published a report on Singapore stocks after a significant rally over the past year. Singapore’s manufacturing sector faces headwinds from contracting global new orders, which signals that a…
Please join us for a BCA Expert Webcast, Thursday, January 16 at 10:00 AM EDT, with Brendan Kelly, former Director for China Economics on the US National Security Council, veteran of the New York Federal Reserve, Treasury Department…
The outgoing Biden administration has launched a slew of macro-relevant executive orders and regulatory actions. The one with immediate macro implications are the sanctions against Russian oil traders and its “dark fleet” of oil…
China’s December trade data was positive, with exports in USD terms rebounding to 10.7% y/y from 6.7% in November, and imports rebounding to 1.0% from -3.9%. Taken at face value, the numbers are positive for both the Chinese and…
The global economy is subject to numerous cycles displaying reflexivity and feedback loops. One of these is the relationship between financial conditions and growth. Given this relationship, economic strength can plant the seeds of…
Our Geopolitical Strategy colleagues published their annual “Black Swan” report, where they outline low-odds scenarios that could have a major impact on financial markets. Here is the 2025 edition: China’s Policy Reversal: A…
Every year we highlight five low-odds scenarios that would have a major impact on global financial markets if they happened. This year we contemplate a total reversal of Chinese policy, a US-Iran nuclear deal, a breakdown of NATO, US…
Our GeoMacro strategists published their Alpha Report, outlining their view that President Trump will have to pare back his fiscal ambitions to avoid a bond market riot. The long end of the US bond market continues to sell off,…