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Global Perspectives

Le Déluge: On the brink of a French fiscal crisis?

Le Déluge: On the brink of a French fiscal crisis?

We consider the investment implications of France heading for a fiscal crisis, and how it is on the verge of a dramatic political shift.

Read our perspective

Economics, Global macro

Global Macro Research: Changing economic orders

Global Macro Research: Changing economic orders

Deglobalisation, fiscal dominance and demographic change point to a world of greater volatility, higher inflation risk, and wider cross‑country divergence.

09 April 2026

10-15 min read

Currency, Global macro

Getting up to speed on stablecoins

Getting up to speed on stablecoins

A rapidly expanding digital marketplace demands faster payments, and stablecoins are gaining traction as an efficient digital payment system.

10 March 2026

10-15 min read

Fixed income, Global macro

Global Macro Research: AI governance

Global Macro Research: AI governance

We explain the role of AI governance and how it might be assessed in seeking to manage portfolio risks.

27 February 2026

10-15 min read

Fixed income

Bonds beyond borders

Bonds beyond borders

In our view, an increasingly fragmented global economy means fixed income opportunities are no longer moving in lockstep.

25 February 2026

10-15 min read
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Visit the BNY Institute for more insights

Visit the BNY Institute for more insights

Anchored in BNY’s 240+ year history, the BNY Institute brings together deep expertise and action-oriented analysis across a wide range of topics. Insight Investment is a subsidiary of The Bank of New York Mellon Corporation

Anchored in BNY’s 240+ year history, the BNY Institute brings together deep expertise and action-oriented analysis across a wide range of topics. Insight Investment is a subsidiary of The Bank of New York Mellon Corporation

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