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In this report, we explore what a new BRICS+ union means for the dollar over the next 6-to-9 months.
  The US and China agreed to hold trade talks more regularly on August 28, even as they fell short of establishing a strategic détente or general reduction of tensions. US Commerce Secretary Gina Raimondo visited Beijing…
Investors should underweight global equities and risk assets; overweight US stocks relative to global; and overweight defensive sectors versus cyclicals.
  With the US presidential election approaching, our US political strategists are warning investors that stock markets are not immune to politics and geopolitics. Our colleagues have shown that out of 28 bear markets since the…
Special Report Countries and commercial operators are racing into space to accrue economic gain from space exploration. In coming years, the space industry will continue to grow, as humans venture into space for tourism, mining, farming, and even…
Special Report China removed checks and balances in its political system to deal with a very dangerous economic transition. The transition is going badly, yet investors cannot rely on checks and balances to correct or prevent policy mistakes. The…
  According to BCA Research’s US Political Strategy service, the Democratic Party is favored to win the 2024 election as long as it is not discredited by a major shock. But recession odds are not low. The US economy has…
Investors should prepare for an equity market pullback this fall, prefer Treasuries over stocks, and US defensives over cyclicals. A pullback could also morph into another bear market given that monetary policy is tight, policy…
Special Report The next six-to-nine months hold a crucial test of whether the equity market will ratify the soft landing and the Biden administration or not. If so, then markets will rally on policy continuity and likely gridlock. If not, then…
  The chief question of the 2024 election is whether US anti-establishment or populist politics is a viable electoral strategy, according to BCA’s US Political Strategy. That will have domestic and global effects not only in…