China's cyclical and structural headwinds will likely undermine Beijing’s initiative to accelerate urban migration over the next five years.
GeoMacro team partners with BCA’s Emerging Markets Strategy to examine political reforms in Argentina. Our colleague Juan Egaña argues that the time is not right to go long Argentinian assets and that Buenos Aires must avoid the…
Republicans are favored but the election is still competitive. Equities, corporate credit, and cyclical sectors will fall until policy uncertainty is reduced.
This report provides our framework for interpreting the messages from last week’s Third Plenum, and the potential implications for the economy and investors.
The cyclical economy is slowing today. Republicans are now more likely to win a full sweep, crack down on immigration and trade, and at least modestly stimulate the economy. Uncertainty and volatility will rise.
A global economic downturn will be a headwind for natgas prices over the cyclical horizon. Thereafter, LNG capacity additions will help keep the market in balance into the end of the decade. That said, Europe’s increased dependence…
In light of last week’s employment report and this morning’s CPI, it’s time for the Federal Reserve to cut rates.
