Bi-Weekly Geopolitical Report
Weekly Geopolitical Report – Taiwan and the Risk of Deglobalizing the World’s Semiconductor Industry: Part II (June 7, 2021)
by Patrick Fearon-Hernandez, CFA | PDF This series is written as a corollary to our recent multi-part WGR series titled “The Geopolitics of Taiwan,” published last month.[1] In Part I of this report, we showed how Taiwan and the Taiwan Semiconductor Manufacturing Company (TSM, $111.85) represent a key vulnerability in the global computer chip industry. … Read More »
Weekly Geopolitical Report – Taiwan and the Risk of Deglobalizing the World’s Semiconductor Industry: Part I (May 24, 2021)
by Patrick Fearon-Hernandez, CFA | PDF (Note: Due to the upcoming Memorial Day holiday, the next report will be published on June 7.) In our recent WGR series titled “The Geopolitics of Taiwan” (see Parts I, II, and III), we examined Taiwan’s geopolitical position in relation to China and the United States. We described how… Read More »
Weekly Geopolitical Report – The Geopolitics of Taiwan: Part III (May 17, 2021)
by Bill O’Grady | PDF In Part I of this report, we covered the history of Taiwan along with current relations between the People’s Republic of China (PRC) and the Republic of China (ROC), and discussed the end of strategic ambiguity. In Part II, we analyzed the geopolitical importance of Taiwan and China’s military options. … Read More »
Weekly Geopolitical Report – The Geopolitics of Taiwan: Part II (May 10, 2021)
by Bill O’Grady | PDF In Part I, we covered the history of Taiwan, current relations between the People’s Republic of China (PRC) and the Republic of China (ROC), and closed with the end of strategic ambiguity. This week, we will analyze the geopolitical importance of Taiwan and the PRC’s military options with regard to… Read More »
Weekly Geopolitical Report – The Geopolitics of Taiwan: Part I (May 3, 2021)
by Bill O’Grady | PDF Tensions over Taiwan have been steadily escalating in recent years. When President Trump was elected in 2016, one of the first official contacts he made was with President Tsai Ing-wen, the leader of Taiwan. Accepting this call infuriated Beijing, which views Taiwan as a province of the People’s Republic of… Read More »
Weekly Geopolitical Report – Irish Border Revisited (April 26, 2021)
by Thomas Wash | PDF It has been more than a year since the U.K. and European Union (EU) came to terms with the Withdrawal Agreement, yet questions remain on how it will impact Northern Ireland, which was granted an exception to remain in the EU. Having decisively voted 56% to 44% to remain a… Read More »
Weekly Geopolitical Report – What Population Aging Means for Global Inflation and Growth (April 19, 2021)
by Patrick Fearon-Hernandez, CFA | PDF One key worry for investors these days is whether fiscal stimulus, loose monetary policy, and accelerating economic growth will spark runaway inflation. That concern has been a major factor in driving down fixed income prices and boosting bond yields since the start of the year. However, we’ve been arguing… Read More »
Weekly Geopolitical Report – The Geopolitics of Central Bank Digital Currencies (CBDC): Part IV (April 12, 2021)
by Bill O’Grady | PDF This week, we conclude our series on CBDC with market ramifications. Ramifications Money is a seminal good. As our metaphysical discussion examined, economics has tended to avoid forays into the being of money.[1] Accordingly, for the past 150 years, there have been steady changes to the use of money, from… Read More »
Weekly Geopolitical Report – The Geopolitics of Central Bank Digital Currencies (CBDC): Part III (March 29, 2021)
by Bill O’Grady | PDF (Due to the Easter holiday, the next report will be published on April 12.) This week, we continue our series with an examination of the geopolitics of CBDC. The Geopolitics As we noted in Part I, there has been strong interest among the central banks to introduce digital currencies. We… Read More »