A powerful feature of the Equity Analyzer platform is its breadth of coverage: roughly 13 thousand stocks trading on MSCI Developed Market exchanges. Since we have a cross-section of the same stock level data across multiple…
In this report, we present the quarterly review of the Global Fixed Income Strategy Model Bond Portfolio. The portfolio remains positioned for slower global growth momentum over the next 6-12 months, favoring government bonds over…
The last few weeks saw a repricing of nominal yields to levels not breached since before the Great Financial Crisis. Breaking down the US 10-year Treasury yield into real and inflation expectations components reveals the selloff…
US monetary policy is restrictive, as evidenced by a falling jobs-workers gap. The reason that unemployment has not risen is because labor demand still exceeds supply. That will change in the second half of 2024 when the US economy…
The market has been held hostage by surging rates. Zombie companies are “alive” and are multiplying – they are highly sensitive to surging borrowing costs. Underweight Utilities to reduce portfolio duration. Maintain neutral…
EM currencies have gotten caught up in the risk off sentiment across global financial markets. The JP Morgan Emerging Markets currency index has fallen to a new record low amid the US dollar’s ongoing appreciation. While…
Our Global Investment Strategy service’s MacroQuant 1.0 model – which is calibrated to produce recommendations over a 30-day investment horizon – is currently overweight equities and underweight bonds and cash…
There is a connection between the bond market meltdown and Republican Party’s meltdown. Investors should expect more short-term financial market volatility as a result of the triple whammy of high bond yields, high oil prices, and a…
Within alternatives, BCA Research’s Global Asset Allocation service favors Private Credit since yields are in double-digits and lenders are in a strong negotiating position. Private Credit (Overweight): …
In this Strategy Outlook, we present the major investment themes and views we see playing out for the rest of 2023 and beyond.