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  BCA Research's Geopolitical Strategy service believes that President Trump is staging a comeback in the election campaign. This makes the presidential election a very close call. The US policy uncertainty index, which…
Special Report Dear Client, I am on vacation this week. Instead of our regular report, we are sending you a Special Report from my colleague Jonathan LaBerge. Jonathan explores the risks posed to commercial real estate and the banking system from work…
Highlights US-China relations in 2020 consist of a gentleman’s agreement to keep the Phase One trade deal in place and aggressive maneuvering in every other policy area. Stimulus is unlikely to be curtailed in the US or China…
  US President Donald Trump and his Republican Party launched their national convention this week, a four-day virtual event that will feature Trump’s formal designation as the party’s presidential nominee in Charlotte,…
  Global central bankers will hold their annual Jackson Hole summit this week, though they will not actually huddle in Wyoming due to the pandemic. While interesting speeches and papers always issue forth from this perennial…
  BCA Research's Geopolitical Strategy service believes that the stock market can apparently ignore the intensifying US-China conflict as long as massive monetary and fiscal stimulus continues. Therefore, the ongoing “…
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…
Special Report Highlights The Beirut blast calls attention to instability in the Shia Crescent. A turbulent push for political change will now ensue in Lebanon. Hezbollah’s and Iran’s political capital in Lebanon will suffer significantly…
  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…
  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…