The pace of growth in global manufacturing activity was broadly unchanged in November. The Global Manufacturing PMI inched down 0.1 points to 54.2. However, the output and future output indices advanced – marking an…
Global financial markets ended November on a negative note. Nearly all major assets experienced above average losses last month. In particular, risk assets fared the worst and lost ground following news about the omicron…
BCA Research’s Equity Analyzer service’s MacroQuant model remains bullish on global equities. The model is calibrated to provide recommendations over a 30-day investment horizon. For December, MacroQuant…
Mr. X and his daughter, Ms. X, are long-time BCA clients who visit our office toward the end of each year to discuss the economic and financial market outlook for the year ahead. This report is an edited transcript of our recent…
Global risk assets recovered some of Friday’s losses on Monday. The S&P 500 and Euro Stoxx 50 rebounded 1.3% and 0.5%, respectively, the US 10-year Treasury yield ended the day 2.6 bps higher, and Brent regained 1%.…
Highlights Long-term investors should place up to 5 percent of their assets in cryptocurrencies. As the drawdown risk of owning cryptocurrencies converges with that of owning gold, the cryptocurrency asset-class can reasonably…
Flash PMIs generally surprised to the upside in November, indicating that the macroeconomic backdrop among major DM economies remains favorable. Both the manufacturing and services PMIs for the Eurozone increased – versus…
We recently conducted a poll on our website asking clients for their outlook on three key financial assets. There was the least consensus on expectations for Chinese stocks. Roughly a third of respondents are underweight Chinese…
Dear Client, There will be no report next week as we will be working on our Quarterly Strategy Outlook, which will be published the following week. In the meantime, please keep an eye out for BCA Research’s Annual Outlook,…
BCA Research’s European Investment Strategy service expects an improvement in economic surprises to support the euro and European small-cap stocks in 2022. First, investors and analysts around the world rightfully expect…