The Fiduciary’s Final Word: Why Geopolitical Risk Is Not a Political Choice

To my readers and critics alike:

For over two decades, I have written as a licensed fiduciary investment firm owner, manager and professional analyst. My guiding principle has always been the refusal to accept “garbage” in reports—whether that garbage is hallucinated data or the delusion that politics and markets exist in separate vacuums.

Today, an American reader expanded on the criticism of my article, “The Carney Calculus,” suggesting that my assessment of the current US administration is merely “chic” bashing or a sign of personal bias. This requires a final response—not as a political activist, which I am not and have never been, but as a risk manager.

The “Apolitical” Fallacy

In 2015-16, while living in Havana, I attempted to introduce real estate and capital markets education to Cuba. When I presented my plans for a new health center to a senior corporate director and investigation team from China, she asked how the plans would be accepted politically. I replied that I was apolitical. Her response was a lesson I carry today: “But everything is political.”

Today, the world order is being pulled into the orbit of a single administration’s ‘transactionalism’. It is not “chic” to join the millions who refuse to “go along to get along” with a system that treats global alliances, the judiciary and the Federal Reserve as personal leverage; it is a necessity for anyone responsible for protecting capital.

Why the “Carney Doctrine” Matters to Your Money

Critics suggest that Prime Minister Mark Carney’s vision is a “fantasy”. As a fiduciary, I disagree. Whether or not I care for his personal politics—and I have historically been a harsh critic of his policies—Carney represents competence. In a world where the old “rules-based” system is in a state of “rupture,” competence is the only currency that matters.

We are seeing a structural shift that dictates where your money should be over the next 5 to 10 years:

• The End of the Unipolar Order: The US-led system that provided stable sea lanes and financial predictability is fading.
• The Rise of “Friendshoring”: Nations are building “sovereignty and resilience” by deepening ties outside traditional US channels.
• Actionable Allocation: This is why my “Carney Doctrine” research suggests an overweight tilt toward Canada, the Nordics, and NATO-aligned middle powers in sectors like energy, critical minerals, and defense.

Returning to the Work of Investing

This will be my final word on the political distractions surrounding the current US administration. As a senior chief analyst at billcara.com, my job is to filter out the “garbage” and provide you with legitimate, fact-based publications for serious investors.

If you are here for political rants, you are in the wrong place. If you are here for professional investment management rooted in the world as it is, I invite you to follow the legitimate research we produce:

• The Navigator Report: My featured weekly 600-page deep dive.
• The Daily INSTAT Market Pulse Reports: Daily market technical analysis based on trading data of over 2,000 instruments (stocks, bonds, ETFs, Treasuries, forex, and commodities trading on over 30 financial markets worldwide.
• The Cara Playbook: Daily market overview and strategic and tactical analysis and actionable guidance that I am relaunching on or about February 1.
• Managed Portfolios: A diverse range of investing strategies driven by proprietary INSTAT technical signals and Ziggma fundamental scoring.

We are entering an era where middle powers must act together or be “on the menu”. I choose to position my clients and readers for the world being rebuilt, not the one that is fading.

Thank you.

Now, onwards and upwards.