Highlights Portfolio Strategy The Fed’s QE and ZIRP, the collapse in gasoline prices and extremely depressed breadth readings that are contrarily positive, all signal that it no longer pays to be bearish consumer discretionary…
Highlights US Corporates: The Fed continues to expand the reach of its extraordinary monetary policies designed to combat the COVID-19 recession, now giving itself the ability to hold BB-rated US high-yield bonds within its corporate…
Dear clients, Owing to the observance of Easter holidays our regular publication schedule resumes with our Weekly Report on Tuesday, April 14th, 2020. Kind Regards, Anastasios Avgeriou While we have no real visibility on…
Dear Client, Next week, we will send you a special report published by our Geopolitical Strategy service, authored by my colleague Roukaya Ibrahim. Roukaya will provide her insights on the global shortages of medical equipment as well as…
Highlights Chart 1Will Fed Purchases Mark The Top? Policymakers can’t do much to boost economic activity when the entire population is under quarantine, but they can take steps to contain the ongoing credit shock and…
Yesterday, BCA Research's US Investment Strategy service continued its series of reports on How Vulnerable Are US Banks? Unused loan commitments have provoked much agitation among investors in recent weeks. A floundering company,…
We continue to recommend investors avoid the S&P real estate sector. For investors seeking defensive protection we would recommend hiding in the S&P health care sector instead, as we highlighted in our mid-March report…