Our Portfolio Allocation Summary for December 2023.
Global financial markets delivered exceptional gains in November. Fixed income led in terms of abnormally large returns amid a shift in the market narrative in favor of significant Fed rate cuts in 2024. Importantly, the…
Our political forecasting scored wins in 2023 but we failed to capitalize on it adequately in our trade recommendations.
While the S&P 500 has rallied by 18.8% so far this year, not all sectors and industries have gained on a year-to-date basis. Nearly half of the 11 sectors are in the red. This list, which is made up of Utilities (-11.7%),…
According to BCA Research's European Investment Strategy service, given the defensive nature of Portuguese equities and the team's recession view, investors should favor the Portuguese bourse relative to Euro Area…
Today, we are sending you the BCA annual outlook for 2024. The report is an edited transcript of our recent conversation with Mr. X and his daughter, Ms. X, who are long-time BCA clients with whom we discuss the economic and…
The Q3 earnings season is coming to an end. By Friday, 481 companies in the S&P 500 index had reported earnings. In aggregate, the results are generally favorable. The share of companies whose earnings exceeded analyst…
Poland’s inflation will stay elevated. And yet, its return to the European mainstream has improved its financial market outlook. Accordingly, we are recommending new trades on Polish equity, fixed income, and currency.