Our Global Asset Allocation strategists upgrade the Chinese yuan to overweight as global imbalances between production and consumption begin to reverse. The US continues to overconsume and underproduce, while China overproduces and…
BCA’s Geopolitical strategists argue that artificial intelligence will destabilize both domestic politics and international security, prompting more aggressive fiscal responses. President Trump’s July 23 executive orders to…
In our Beta report, we focus on our decade view. Many of our global allocator clients are scrambling to incorporate geopolitics into their strategic asset allocation. For most, this means thinking about war… or about future end-…
The structural outlook for European assets remains bright, but near-term headwinds argue for longer duration and caution on equities. Here are three takes that call for a temporary pullback in European assets, and two that explore…
Japan’s export growth slowed materially in April as shipments to the US, Japan’s largest export destination, fell 1.8% from a year earlier. Japan has yet to make a trade deal with the US. Japanese export growth slowed to 2% from…
The world is focused entirely on the trade war between the US and… well everyone. This is fair given that there has been no greater market catalyst than Liberation Day since the pandemic. However, we continue to stress that the BIG…
Our Chart Of The Week comes from Arthur Budaghyan, Chief Emerging Markets/China strategist. Arthur highlights a key risk for the global economy, and its implication for the US dollar. By and large, the US economy has been…
