Five Underappreciated Near-Term Foreign Policy Developments
January 8, 2024 By Daniel Silverberg and Elena McGovern, co-heads of Capstone’s National Security Team While the Middle East boils, fueled by the ongoing war in Gaza, the Biden administration remains focused on longstanding strategic challenges posed by...
2024 Preview: Biden’s Battles Before the War
By Thomas Dee, CFA, Capstone’s Head of Research and Strategy Two policy stories will dominate 2024. The first, of course, is that 2024 is an election year. Biden will end 2023 with an average approval rating of 39%, the lowest of any of the last seven...
The Unstoppable IRA Wave: Why the Clean Energy Bill Will Withstand Repeal Efforts and other Challenges
By Eric Scheriff Introduction Capstone believes significant changes to IRA tax credits remain unlikely in any 2024 election scenario, even as Republican proposals to repeal key incentives created by the Inflation Reduction Act (IRA) become more common. The tax...
AI Wars to Heat up: Why the US and EU Will Escalate Their AI Trade War, and Why it Carries Underappreciated Risks
By JB Ferguson Introduction Capstone believes the US-EU de facto trade war over AI will escalate in 2024, posing underappreciated risks and opportunities across tech and other industries. We expect the competing priorities of protecting against the unconstrained...
