Latin America
Highlights Analysis on Brazil is available below. If banks in China are forced by regulators to properly recognize and provision for non-performing assets, large banks would become substantially undercapitalized while many small- and medium-sized banks (…
Highlights Bad news is still looming in the trade war. Public opinion polling in the U.S. gives President Trump more leeway to push the envelope on tariffs and sanctions against China than the consensus recognizes. Trump’s tendency to push the envelope…
Dear Client, Tomorrow we will publish a debate piece on China shedding more light on the ongoing discussions at BCA on this topic. This report will articulate the conceptual and analytical differences between my colleague, Peter Berezin, and I relating to…
"Tariff Man" Is On Fire…
How Do You Measure Geopolitical Risk…
Analysis on the Philippines and Argentina are below. Highlights Analysis on the Philippines starts on page 9 and Argentina on page 12. Relative return on capital for non-financial corporations points to continuous EM equity underperformance versus the U…
Highlights So what? Quantifying geopolitical risk just got easier. Why? In this report we introduce 10 proprietary, market-based indicators of country-level political and geopolitical risk. Featured countries include France, U.K., Germany,…
Adding Pemex To Mexican Public Finances Part 2…
Adding Pemex To Mexican Public Finances Part 1…
Mexico & Fiscal Sustainability: A Comparative Analysis…