supply chains


Supply chains for USD22tn market cap come back home

The past three decades have witnessed a dramatic expansion in international trade and the globalization of supply chains. BoA Global Research’s macro teams already see a protracted pause in globalization. They go one step further and argue, in a break with the past, that the world has entered an unprecedented phase during which supply chains are brought home, moved closer to consumers, or redirected to strategic allies. This would have profound implications for automation and manufacturing, and creates myriad opportunities for the geographies to which supply chains are being redirected.