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Stock impact report

Investment implications of global trade upheaval [Globe and Mail, The (Toronto, Canada)]

First Citizens BancShares, Inc. - Class A (FCNCA) 
post-Cold War economic order is fragmenting, and the institutions that once underpinned globalization are struggling to keep pace. Carney framed the moment as a transition toward a “new world order” defined by strategic competition, economic security, and a diminished role for universal rules-based coordination. While Western governments may have previously hoped to “wait out” U.S. policy tremors, the speech represented an acknowledgement that these shifts are becoming increasingly entrenched. What once passed as abstract geopolitical risk is now central to the investment landscape. Carney's speech noted that global institutions (which were built when economic leadership was more concentrated and political alignment was relatively stable) are misaligned with today's balance of power. Interests are now more contested, power is more diffuse, and economic policy is increasingly weaponized. Donald Trump's skepticism toward multilateral institutions reflects a broader shift in U.S. p Show less Read more
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