Bi-Weekly Geopolitical Report
Weekly Geopolitical Report – The Geopolitics of Helicopter Money: Part 1 (May 2, 2016)
by Bill O’Grady Since the 2008 Financial Crisis, developed economy central banks have been implementing a series of unconventional policy measures, including quantitative easing (QE), zero interest rate policy (ZIRP) and negative interest rate policy (NIRP). Although these measures likely prevented a deeper financial calamity, such as a repeat of the Great Depression, these actions by… Read More »
Weekly Geopolitical Report – The Impeachment Proceedings of Dilma Rousseff (April 25, 2016)
by Kaisa Stucke, CFA Brazil’s lower house voted on April 17th to impeach President Dilma Rousseff by a vote of 367 to 137. The process now moves to the Senate, where the country’s 81 senators are expected to vote sometime in the next few weeks, although a final date has not been set. For almost a… Read More »
Weekly Geopolitical Report – Nagorno-Karabakh (April 18, 2016)
by Bill O’Grady In early April, fighting erupted in the region around Nagorno-Karabakh, a disputed area within Azerbaijan but controlled by Armenia. Reporters described the fighting as the worst since the 1994 ceasefire. This region is considered one of the world’s “frozen conflicts,” experiencing periodic unrest. In this report, we will discuss the history and… Read More »
Weekly Geopolitical Report – Intergenerational Forgetfulness (April 11, 2016)
by Bill O’Grady As the political nominating season in the U.S. wears on, presidential candidates have been making statements about foreign policy that would signal a significant change in direction. What has been striking about these comments is a seeming ignorance about why current policies are in place and what could occur if these policies… Read More »
Weekly Geopolitical Report – The Archetypes of American Foreign Policy: A Reprise (April 4, 2016)
by Bill O’Grady We are currently experiencing one of the most contentious primary election seasons in at least 35 years. Candidates have made numerous incendiary statements about foreign policy that offer insights into their thinking. However, without a paradigm, it can be difficult for investors to determine what foreign policy decisions a candidate is likely… Read More »
Weekly Geopolitical Report – The Russian Withdrawal (March 21, 2016)
by Bill O’Grady On March 14th, Russian President Vladimir Putin surprised the world with an announcement of the withdrawal of Russian troops from Syria. The move was unexpected and has raised questions as to whether Russia will really pull its forces out of Syria, and if so, why? In this report, we will examine Russia’s… Read More »
Weekly Geopolitical Report – The Apple Problem (March 14, 2016)
by Bill O’Grady On December 2, 2015, Syed Rizwan Farook and his wife, Tashfeen Malik, attacked a San Bernardino county facility, killing 14 people and seriously injuring 22 others. The couple was subsequently killed by local law enforcement in a shootout several blocks from the facility. The Federal Bureau of Investigation (FBI) opened an investigation… Read More »
Weekly Geopolitical Report – The Iranian Elections (March 7, 2016)
by Bill O’Grady On February 26, Iran held two elections, one for parliament and the other for the Council of Experts. The former is Iran’s legislative body, and the latter is the part of government that monitors the Supreme Leader and selects his replacement if he dies, becomes incapacitated or is removed. Since the 1979… Read More »
Weekly Geopolitical Report – Brexit (February 29, 2016)
by Kaisa Stucke, CFA The U.K. joined the European Common Market, what is now known as the EU, in 1973. In 1992, the Maastricht Treaty formally created the EU. However, as part of the treaty, the U.K. negotiated that it would be exempt from adopting the euro and joining the Eurozone. Despite the EU’s founding premise… Read More »