In a new piece published by UBS, BWC Member Shamaila Khan and co-author Evan Brown argue that geopolitical disruption has stopped being episodic and is now a persistent force reshaping macro regimes through energy security, supply-chain rewiring, and reserve and fiscal diversification. The authors make the case that markets often lag these shifts, leaving strategic energy assets, resilience-focused supply chains, and sovereign balance sheets mispriced, and argue that the integrated, politics-plus-fundamentals lens long used by emerging market investors is now essential for reading developed markets too.

To read more at UBS, click here.

All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.