According to BCA Research’s Global Investment Strategy service, investors are overstating the degree to which bond yields will rise under a Trump presidency. For one thing, the team expects the US to fall into recession…
The disinflationary trend in US CPI continued in June as headline CPI dipped to 3% year-over-year, down from 3.3% in May, and core CPI declined by a tick to 3.3%. On a month-over-month basis, headline prices fell by 0.1% and core…
South African stocks, domestic bonds, and currency have all rallied since BCA’s Emerging Markets Strategy team upgraded South African assets last month following the formation of the new national unity government. The rally…
In light of last week’s employment report and this morning’s CPI, it’s time for the Federal Reserve to cut rates.
US Core CPI inflation has decelerated considerably from its year-over-year peak of 6.6% in September 2022 to 3.4% in May and the consensus expects it remained at 3.4% in June. The year-over-year number has come down continuously…
Although we ticked a second box on our checklist, the incoming data still do not indicate that a recession is imminent. We remain tactically equal weight equities with a strong bias to underweight them, but we’re not exiting the…
The latest release of the Canadian Labour Force Survey indicated further softening of the labor market in the Great White North. The economy experienced a net loss in total employment, shedding 1,400 jobs compared to market…
The Labour Party won the UK election, just as BCA Research’s Geopolitical Strategy service predicted back in 2022. However, this win is unlikely to rock the proverbial geopolitical boat. Popular enthusiasm for Sir Keir…
