Sorry, you need to enable JavaScript to visit this website.
Skip to main content
Skip to main content

Developed Countries

Improved Consumer Confidence Hides Labor Market Pessimism In August
The Conference Board’s Consumer Confidence measure surprised to the upside in August, rising from 100.3 to 103.3, above expectations of 100.7. Consumers’ assessment of present economic conditions climbed 0.8 points to 134.4, while their expectations about the…
Daily Insights
Sweden Will Cut The Gordian Knot
According to BCA Research’s European Investment Strategy service, Sweden, which acts as a bellwether for the global economy, will offer early insight into whether our base-case late 2024/early 2025 recession scenario will come to fruition. This Nordic country…
Daily Insights
Durable Goods Orders’ Rebound Hides Weaker Dynamics
Preliminary estimates suggest that US durable goods orders growth rebounded sharply from a 6.9% m/m contraction to 9.9% growth in July, upending expectations of a more muted 5.0% monthly increase. However, a 34.8% m/m rise in transportation equipment orders…
Daily Insights
Carbon Credit Prices: The Correction Has Just Begun
European regulatory carbon credits (EUAs) are becoming increasingly investable as an asset class. In a Special Report published last September, our Global Investment strategists agreed to the strategic bull case for EUAs, but highlighted a bearish view on…
Daily Insights
Ifo Expectations Augur Poorly For Eurozone Economy
Sentiment among German companies declined in August from 87.0 to 86.6. Current conditions shed 0.6 points to 86.5 while the expectations component ticked 0.2 points lower. It nevertheless exceeded consensus expectations for a larger decline. Deteriorating…
Daily Insights
Market Breadth Remains Poor Despite Equal-weighted S&P 500’s Record High
Market Breadth Remains Poor Despite Equal-weighted S&P 500’s Record High …
Daily Insights
Equities And Elections
According to BCA Research’s US Political Strategy service, in the final months of an election cycle, equities underperform relative to non-election years. This extends further into Q1 of the following year due to uncertainty. Once the election results are…
Daily Insights
f_image_20240823_163906.PNG
Sweden Will Cut The Gordian Knot

Our negative stance on European growth and assets is not devoid of risks. To gauge whether these risks warrant upgrading our growth outlook, we monitor Sweden closely. So, what is the current message from this Nordic economy?

European Investment Strategy by Mathieu Savary
f_image_20240823_175545.PNG
US Equities: What To Select For The President Elect

Favor Health Care and Utilities for defensive positioning amid economic slowdown and volatility as the presidential election approaches. A Republican Sweep favors Real Estate and Materials, while the second most likely outcome, Democrat gridlock, favors Health Care, and Information Technology.

US Political Strategy, Equity Analyzer, US Equity Strategy by Pratik Bhanuse, Max Malakhveitchouk, Guy Russell
f_image_20240822_174139.PNG
China’s Trade Pivot And Its Implications

China has become less reliant on exports to advanced economies, and its products have successfully penetrated developing economies. Exports to the US make up 3% of Chinese GDP, while exports to all developing economies account for 10% of its GDP. China’s trade pivot from advanced to developing economies has economic, political, and geopolitical ramifications.

Emerging Markets Strategy by Ziyuan Huang, Arthur Budaghyan

Related Topics

AI BCA Indicators/Model BDCs Bubbles/Crises/Manias Commodities Commodities & Energy Sector Country In-Focus Currencies Defaults Deleveraging See more Topics