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Special Report Highlights The global pandemic is quickening the decline in globalization. Democracies can manage the virus, but it will be painful. European integration just got a major boost from Germany’s fiscal turn. Stay long the German…
Highlights As the global economy moves toward shut-down, the Kingdom of Saudi Arabia (KSA) and Russia will be forced to end their market-share war and focus on shoring up their economies and tending to their populations’ welfare…
Highlights Our short EM equity index recommendation has reached our target and we are booking profits on this trade. The halt to economic activity will produce a global recession that will be worse than the one that took place in late…
Highlights China is moving from virus containment to normalization and economic stimulus. The full weight of the virus panic is only now hitting the US public and has not yet peaked. The US – and western democracies in general…
Special Report Highlights While not exactly conciliatory, Russian officials are signaling they will re-consider the declaration of a market-share war with the Kingdom of Saudi Arabia (KSA). KSA upped its shock-and-awe rhetoric promising to lift…
Yesterday, BCA Research's Geopolitical Strategy service analyzed how the short-term outlook is in flux because the Trump administration is frantically trying to piece together an economic stimulus package to respond to the coronavirus…
Dear Clients, This week we are issuing two Special Alerts on the Russo-Saudi market share war, one of which you have already received. Our weekly publication will proceed as usual on Friday, March 13. In this Special Alert, we update…
Special Report Highlights Oil prices fell 30% when markets opened Monday morning, following a split between OPEC 2.0’s putative leaders – the Kingdom of Saudi Arabia (KSA) and Russia – over production cuts to balance global oil…
Special Report Highlights Joe Biden is the Democratic Party’s presumptive nominee following Super Tuesday. The onus is on Bernie Sanders to upset the race yet again. This is unlikely. Biden’s nomination is less market-negative than that…
Highlights The latest interest rate cuts by central banks confirms the narrative that the authorities view economic risks as asymmetrical to the downside. This all but assures that competitive devaluation will become the dominant…