David Woo

David Woo is an American economist and investment strategist who has built a reputation as one of the most outspoken voices on Wall Street, recognized by Bloomberg for his willingness to challenge consensus thinking. He founded David Woo Unbound, a global macro advisory firm, after a distinguished career at Bank of America where he served as Head of Global Interest Rates, Currencies, and Emerging Market Fixed Income Strategy & Economic Research. His analytical framework focuses on the intersections between economics, politics, geopolitics, and financial markets—a perspective that has proven particularly valuable for commodity investors navigating an increasingly fractured global order.

Woo has gained significant attention in the resource investment community for his contrarian geopolitical analysis, particularly his warnings that markets are catastrophically mispricing the risk of prolonged U.S.-China proxy conflicts centered in the Middle East. He has argued that oil supply disruptions from escalating tensions—with Iran specifically—represent a far greater threat than current market pricing suggests, positioning him as an important voice for energy investors. His thesis that "the market is terribly wrong" about geopolitical risk has resonated with investors who remember how slowly conventional wisdom adapted to previous supply shocks.

Beyond energy, Woo has addressed gold's role as a safe haven in the current macro environment, noting that the precious metal retains its defensive utility despite near-term headwinds from rising real yields. His macroeconomic approach to commodities—viewing them through the lens of great power competition, supply chain weaponization, and de-dollarization—provides mining and resource investors with a framework that goes beyond simple supply-demand fundamentals. He has also warned of potential regulatory crackdowns on AI and technology sectors, suggesting capital rotation dynamics that could benefit hard assets.

Prior to founding his advisory firm, Woo's career at major financial institutions gave him deep expertise in global capital flows, currency markets, and emerging market dynamics—all critical inputs for understanding commodity price movements. His willingness to make bold, specific calls about market mispricing, combined with his institutional credibility, has made him a sought-after commentator on financial media and at investment conferences. For mining stock investors, Woo's geopolitical lens offers a macro overlay that can inform timing and sector allocation decisions in resource portfolios.