In this Insight, we continue our series of reports outlining investment frameworks for inflation-linked bonds in the developed markets, this time focusing on Japan. Our Japanese Inflation-Linked Golden Rule suggests that investors…
According to BCA Research’s Private Markets & Alternatives service, Artificial Intelligence is old news. Given such, it is not prime for Early-Stage Venture Capital (VC) investing. While everyone is distracted with…
Both supply- and demand-side forces contributed to the inflation surge in 2021/2022. According to the San Francisco Fed’s estimates, the contribution of demand-side forces to annual core PCE inflation jumped from -0.09…
The latest batch of economic data out of the UK suggests that economic conditions have recently stabilized. The flash Manufacturing PMI rose by a stronger-than-anticipated 2.4 points to a 20-month high of 49.9 in March –…
The Chicago Fed National Activity Index (CFNAI) – a summary statistic of US economic data releases – firmed to 0.05 in February from -0.54, and surpassed expectations it would remain in negative (below-average growth…
A risk/reward ranking of the 10 major US investment grade corporate bond sectors.
According to BCA Research’s US Political Strategy service, Biden’s domestic political actions are limited and in combination with the overbought and overpriced US equity market, Biden’s desperation, and the need…
Crude oil prices have been steadily rising since mid-December with Brent rising to its highest level since November 2023. Both demand and supply-side forces are behind this move. The catalyst for the month-to-date gain is a…
The US Conference Board’s Leading Economic Index (LEI) unexpectedly rose by 0.1% m/m in February, surprising anticipations that the pace of decline would ease from -0.4% m/m to -0.1% m/m. Equity gains and the…
The 2.1-point increase in Germany’s Ifo Business Climate index in March brought it to a 9-month high of 87.8 and beat expectations of a more muted rise to 86.0. Both current economic conditions (+1.2 to 88.1) as well as…