Yes A checkmark with a circle around it close
Gold compass resting on top of a paper line chart

Global Macro—In Depth

A deeper analysis of investment trends and topics across asset classes and global markets.

September 6, 2022

Paul Christopher, CFA, Head of Global Market Strategy

Mary Anderson, Investment Strategy Analyst

Douglas Beath, Global Investment Strategist

Gary Schlossberg, Global Strategist

Michelle Wan, CFA, Investment Strategy Analyst

The de-globalization fallacy

Rising political tensions are changing globalization, not ending it.

Key takeaways

  • Globalization has been adapting for decades, despite an increase in domestic and international political tensions.
  • Likewise, we are seeing U.S. companies adjust their supply chains, not bring them home, despite the disruptions of war and the pandemic.
  • We show how globalization is adapting, not ending or reversing, and believe these adjustments bear watching for potential investment opportunities over the coming decade.