If the 130-day complexity of the Nasdaq versus 30-year T-bond collapsed to 1.30, it would signal the risk of a -20 percent market slump. This indicator, at 1.37, is not yet at critical, but we recommend that you keep a close eye on…
Europe is about to become President Trump’s next target. The good news: a US/EU trade war will be short as common ground to achieve a deal exists. The bad news: European assets remain at the mercy of heightened uncertainty. How…
Our Private Markets & Alternatives strategists published their 2025 capital market assumptions (CMAs). The 2025 edition features several enhancements such as deal-level projections, refined methodologies, and expanded coverage.…
Markets and forecasters anticipate a “Golden Age” for Trump’s America, with US growth expectations soaring while the rest of the world lags. However, this extreme optimism means that there is a lot of room for disappointment. Cooling…
The latest version of the MacroQuant model suggests that the bull market in US stocks is winding down. The model expects Treasury yields to fall later this year but is not ready to go long duration just yet.
The latest version of the MacroQuant model suggests that the bull market in US stocks is winding down. The model expects Treasury yields to fall later this year but is not ready to go long duration just yet.
Our colleagues from The Bank Credit Analyst revisited the outlook for Canadian stocks after they outperformed global ex-US stocks in late 2024. The outperformance was driven by financials and tech. While Canadian tech gains were…
In the aftermath of Monday’s tech selloff, our US Equity strategists took a deep dive into the Software and Service (S&S) industry group. The S&S industry underperformed in 2024 as post-pandemic spending slowed, but…
News of a cheaper Chinese-developed AI model sent a tremor through markets, with a selloff in the S&P 500, NASDAQ, and leading tech names associated with AI. The narrative on Monday was that the eye-watering sums spent on AI…