Here, There, And Everywhere Report - May 2025
Published on
President Trump has pivoted towards negotiations as quickly as we expected (as in: QUICKLY). However, we did not expect the pivot on China to be as thorough and immediate. Markets have cheered the event. Not merely because US trade with China is substantive, but because investors are (correctly) assessing that if Trump can make a deal with China, he can make it with everyone. And he will. Nonetheless, investors should expect one or two more twists in the saga.
BCA Research | GeoMacro
A blend of geopolitics and macro, synthesizing the new and old macro to generate alpha and identify the beta through probability-weighted market views.
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