Special Report

Executive Summary Turkey is staring into an abyss: economic crisis that will morph into political crisis in the June 2023 election cycle. President Erdoğan will pursue populist economic policies and foreign policy adventurism to try…

Executive Summary The Fed Versus The Market  In today’s report, we summarize the arguments of bulls and bears to examine the possible longevity of the rally. The Bulls’ view is centered around several key themes…

Special Report

Dear Client, This week, the US Bond Strategy service is hosting its Quarterly Webcast (August 16 at 10:00 AM EDT, 15:00 PM BST, 16:00 PM CEST). In addition, we are sending this Quarterly Chartpack that provides a recap of our key…

Executive Summary The Dollar And Volatility  The dollar continues to be bid, as volatility rises. The MOVE volatility index is making fresh cycle highs and has pushed the DXY index above our stop level of 107 (Feature Chart…

Special Report

Listen to a short summary of this report.       Executive Summary Gold Has Established A Double-Top Formation  Gold has done quite well amidst the turmoil in global financial markets. BCA is neutral…

Special Report

Dear Client, This week, the US Bond Strategy service is hosting its Quarterly Webcast (May 17 at 9:00 AM EDT, 14:00 PM BST, 15:00 PM CEST and May 18 at 9:00 HKT, 11:00 AEST). In addition, we are sending this Quarterly Chartpack that…

Special Report

Highlights All four of our US Equity indicators are currently pointing in a bearish direction. Our Monetary Indicator has fallen to a three decade low, our Technical Indicator has broken into negative territory, our Valuation Indicator…

Executive Summary A Good Time For A Pause In The Bond Bear Market  The global government bond selloff looks stretched from a technical perspective, and a consolidation phase is likely over the next few months as global…

Executive Summary Table 1Equity Capitulation Scorecard  We have put together a framework to capture the extent to which recent economic and political developments have been priced in by the equity market.  It has seven…

Executive Summary Ebbing Stagflation Fear Will Prompt Rerating  European inflation will rise further before peaking this summer. Core CPI will reach between 2.8% and 3.2% by year-end before receding. The combination of…