China’s National Development and Reform Commission (NDRC) provided no insights Tuesday on the size or nature of the fiscal stimulus Beijing promised in late September. The key takeaway of the authorities' first briefing…
In the fifth installment of a BCA Special Report series on nuclear energy, our colleagues argue that US nuclear energy dominance is decaying. Though still the world’s leader in generation and capacity, the US will not hold…
The month of October ahead of a US general election tends to be a volatile month with negative outcome for equities. As such, it is prudent to remain on the sidelines until after the election.
Indian equities reached new highs in late September. Our Emerging Market strategists recommend dedicated EM investors use these gains as an opportunity to reduce Indian equity allocations from neutral to underweight. They expect both…
The Swiss KOF Barometer is a composite leading indicator of the Swiss economy. It surprised to the upside in September coming in at 105.5 against expectations of 101.0. The August reading was also significantly revised higher,…
According to BCA Research’s Private Markets & Alternatives service, intra-market repricing will offer investors a unique opportunity to enter the industrial real estate space in the next two years. In the short…
The European Commission voted to impose tariffs of up to 45% on imports of Chinese electric vehicles (EVs). The announcement follows previous tariffs imposed on Chinese EV imports back in June. This new round of economic…
According to BCA Research’s Counterpoint service, absent the multi-decade housing and construction boom, China will be unable to generate the monster credit impulses that it did through 2000-20. While the credit…
October seasonality tends to be negative for stocks in an election year. That is the only thing that has stayed our hand from shifting out of our tactical underweight on US equities, initiated – poorly – in July.
But the big macro…
Our Portfolio Allocation Summary for October 2024.