According to BCA Research’s Bank Credit Analyst service, if the US stock market is indeed grossly overvalued, then it is important for investors to identify triggers that might pop the bubble. A starting point is to ask…
In Section I, we examine some concerning signs of US economic weakness that emerged in June. We also discuss portfolio positioning in the face of falling interest rates and cross-check our recommended US equity overweight in the face…
According to BCA Research’s Counterpoint service, absent China’s exponential credit growth, China’s trend growth rate will fall to 4 percent and the world’s trend growth rate will fall to sub-3 percent.…
Nvidia is now the largest company in the world. Its market capitalization has not only surpassed Microsoft’s, it also tops the entire stock market capitalizations of the UK and France. While Nvidia founders and owners are…
The NFIB’s Small Business Optimism (SBO) Index came in at 90.5 in May, above expectations that it would remain flat at 89.7. Despite the upside surprise, the Russell 2000 index closed down 40 basis points on Tuesday while…
Bank OZK (ticker: OZK, née Bank of the Ozarks) declined nearly 17% at its low on Wednesday, following a double downgrade from buy to sell by an analyst that also slashed his price target for the stock by a third. The…
According to BCA Research’s Commodity & Energy Strategy service, the sudden increase in investor optimism about copper and lopsided long positioning has led to a short squeeze. Short squeezes are typically short-lived…
According to BCA Research’s China Investment Strategy service, a decisive turnaround in China’s economy hinges on a revival in the country’s property market. The April 30th Politburo meeting signaled…
Investors generally associate higher investment rates with higher rates of growth. Indeed, companies at the beginning of their life cycle with a lot of high ROI opportunities will generally be more willing to invest their capital…