Global Macro & Market Outlook
A concise view of the global cycle, market risks, and the portfolio implications that matter.
Measuring AI Moats
Marking the debut of Chief Technology and Innovation Strategist Matt Dyson, this month’s Global Market Outlook examines Matt’s views on the presence and durability of moats for companies at various se…
The Hawks Are Circling
Policy rates are poised to rise across the developed world as central banks are no longer willing to wait out the Iran-US standoff before taking action to combat the inflationary effects of higher oil…
Lots Of Battles, No War
An investor might not guess it from the Trump administration’s impatience with bond-market, military and tariff roadblocks, but the US economy is faring just fine. Asset allocators should remain fully…
Hormuz, Europe, Japan And The Fed Sphinx
Section I outlines BCA’s views on the US-Iran conflict, Europe’s near-term outlook, the currency and bond selloffs in Japan and the early days of the Warsh Fed. In Section II, Roukaya, Matt, and Artem…
The Summer Pause That Refreshes
Section I maps how the broad distribution of wealth gains is supporting US consumption. Section II examines how countries can meet swelling electricity demand. The winners will find paths to build the…
An Ocean Apart
In Section I, Doug revisits the situation in the Strait of Hormuz and its implications for growth in Europe and the US. In Section II, Jonathan explores whether Kevin Warsh's appointment as Fed Chair…
