The global political system is destabilizing and the US will turn more hawkish in foreign policy, trade policy, or both, regardless of the election outcome. Tactically go long the dollar.
The main driver of global consumer sentiment in the past few years has been high inflation. Nowhere has this been the case more than in the US, where measures of animal spirits were depressed despite a roaring economy. Today,…
Western policymakers are pursuing three capital “T” Truths: China is evil, climate change is a major risk, and Russia is… also evil. Pursuing all three priorities at the same time presents a version of the classic “impossible trinity…
Global semiconductor stocks have returned 50% YTD in USD terms, and a whopping 200% since their September 2022 lows. However, they may have peaked back in July. Our Emerging Market strategists highlight a significant…
According to BCA Research’s GeoMacro Strategy service, there are two main pressure points that the US can utilize against China. First, the US consumer market is the largest in the world. Despite having diversified away…
According to BCA Research’s GeoMacro Strategy service, while the idea that Donald Trump would allow China to build factories in the US does not mesh with the contemporary media narrative, it would fit the historical track…
According to BCA Research’s Geopolitical Strategy service, US policy will have an impact on China’s willingness to adopt a preemptively hawkish foreign policy. But the US is in the middle of a chaotic election that…