
Authors & Contributors

Richard Bullock, CFA
The current power struggle between the US and China has drawn direct comparisons with the 1945-1991 Cold War between the US and Soviet Union.
The core scenario for the New Cold War is neither outright conflict nor one side ceding defeat, but rather a long-term “muddle through” characterized by periods of greater friction followed by détente, which is likely to be influenced by the policies of the sitting US presidential administration. In this regard, the New Cold War’s long duration is likely to share a strong feature with the Old Cold War.