BCA Research’s Commodity & Energy Strategy service lifted its expectation for 4Q21 Brent prices to $81/bbl, and its forecasts for 2022 and 2023 to $80.00/bbl and $81.00/bbl, up $5/bbl and $1/bbl, respectively. The…
In a recent daily report, we analyzed relative performance of the S&P 500 sectors and styles under different US 10-year Treasury yield (UST10Y) regimes. Today we expand our analysis and map relative performance of the S…
Highlights In our latest balances and forecast estimates, we are lifting our expectation for 4Q21 Brent prices to $81/bbl, and our forecasts for 2022 and 2023 to $80.00/bbl and $81.00/bbl, up $5/bbl and $1/bbl, respectively. Our…
Dear Client, There will be no weekly report next week. Instead, we will host our quarterly webcast on Tuesday, October 26 for the US and EMEA regions and Wednesday, October 27 for the Asia Pacific region. We will resume our regular…
Highlights A perfect storm has engulfed global energy markets. Strong economic growth, adverse weather conditions, and politically-induced supply disruptions have caused energy prices to surge. Fortunately, the global economy has…
Highlights The surge in energy prices going into the Northern Hemisphere winter – particularly coal and natgas prices in China and Europe – will push inflation and inflation expectations higher into the end of 1Q22 (Chart of…
Dear client, Next week, instead of sending you a Strategy Report, we will be hosting our quarterly webcast “Taper Tantrum 2.0” on Monday, October 18 at 10 am EDT and 9 pm EDT, addressing the recent market moves and discussing…
Next week is the BCA Annual Conference, at which I will debate Professor Nouriel Roubini on ‘The Outlook For Cryptocurrencies’. I will make the passioned case for cryptos, and Nouriel will make the passioned case against. I…
Highlights Gold prices will continue to be challenged by conflicting information flows regarding US monetary policy; higher inflationary impulses from commodity prices and supply-chain bottlenecks; global economic policy uncertainty,…
Dear Client, We are sending you our Strategy Outlook today, where we outline our thoughts on the macro landscape and the direction of financial markets for the rest of 2021 and beyond. Next week, please join me for a webcast on…