Insights

In this insight we propose a watchlist and a screen to help clients navigate the AI Craze. ...

Slowing manufacturing PMI indices globally indicate the slowdown in economic activity will persist. Manufacturing demand for commodities will also soften, weighing on industrial commodity prices. Geopolitical tensions and the race to the green energy transition will upend enmeshed global supply chai...

What’s going on? The market-weighted stock market is up. But the equally-weighted stock market is not up. Neither is credit. Neither are industrial metal prices. Neither is the oil price, despite two waves of OPEC output cuts. We explain the dichotomy. Plus: European basic resources stocks can rebou...

Chile’s equity market is set to sustainably outperform its EM peers on the back of political and macroeconomic tailwinds. The new moderate constitution and pragmatic government will boost market sentiment. A continued economic contraction and tumbling inflation will allow the central bank to initiat...

The BCA Score continues to perform well our Small-to-Mid cap strategy, but missed out in the large cap universe since our factor tilts do not favor the large cap names driving the market. Overall, the BCA Score L/S was held back by a resurgence in upside volatility and a reversal in momentum, but is...

This week we present our Portfolio Allocation Summary for June 2023. ...

Following this weekend’s OPEC 2.0 meeting, KSA announced a 1mm b/d crude output cut, slated for this July or August, as it attempts to support weak oil prices. The new output quotas, reduced to reflect members’ weak crude oil production will continue until end-2024. UAE’s quota was the only one rais...

It is easy to claim that the ECB is failing in light of today’s elevated inflation readings. Yet, the reality is more subtle and the ECB’s performance lays the ground for stronger growth ahead. ...

MacroQuant now favors Technology and Consumer Discretionary and the style score continues to favor small-cap growth. In this insight we explore how small-cap growth has favorable breadth compared to the market,and therefore the style offers better opportunities for stocks pickers. ...

In response to client questions, we offer our view on the purported link between tech stocks and interest rates, the similarities between the S&L Crisis and the current banking turmoil and the near-term outlook for consensus economic expectations. ...