Insights

In this BCA Special Report, we ask what policies investors should expect if Donald Trump wins the 2024 Presidential election. The answer is that a second Trump term would be much less positive for risky assets than the first. While the US will remain democratic and geopolitically preeminent no matte...

In Section I, we argue that the December FOMC meeting has caused the “soft landing” narrative to penetrate the psyche of “Main Street”, which is now impacting the real economy. But if a pickup in sentiment and growth works against the pace of disinflation on which expectations of rate cuts were pred...

In this BCA Special Report, we ask what policies investors should expect if Donald Trump wins the 2024 Presidential election. The answer is that a second Trump term would be much less positive for risky assets than the first. While the US will remain democratic and geopolitically preeminent no matte...

In this BCA Special Report, we ask what policies investors should expect if Donald Trump wins the 2024 Presidential election. The answer is that a second Trump term would be much less positive for risky assets than the first. While the US will remain democratic and geopolitically preeminent no matte...

MacroQuant upgraded equities to overweight in February on a tactical short-term (1-to-3 month) horizon, but it continues to see downside risks to stocks on a medium-term (12-month) horizon. Consistent with the model’s relatively somber medium-term growth outlook, it sees more downside for bond yield...

Naturally occurring hydrogen as a clean-energy source has the potential to satisfy significant energy demand growth at low cost. Oil and gas E+P companies and pipelines are ideally positioned to take a leading role in this clean-energy evolution, given their core competencies include large-scale res...

Continue overweighting Mexican stocks, sovereign credit, and local bonds relative to their respective EM benchmarks. That said, the peso is overbought and will correct versus the US dollar. Therefore, we recommend that investors hedge the currency risk for their outright long positions in Mexican eq...

The US ‘immaculate disinflation’ has run its course, given that labour force participation is topping out. This leaves the Fed with a dilemma. Settle for price inflation stabilising at 3 percent, and cut rates early to avoid higher unemployment. Or, not cut rates early and go the final mile to 2 per...

This report presents the main ways to invest in the Nuclear Renaissance; from exposure to physical uranium to equity plays alongside or outside the nuclear fuel cycle....

Multifamily Real Estate is poised for a downturn, which will have ripple effects on the global economy. Present market fundamentals fail to compensate for the risks. Investors should seek opportunities in Fixed Income and Credit markets, while avoiding equity investments in Multifamily. ...