Dear Client, In lieu of our regular report next week, we will be sending you a Special Report on China from Matt Gertken, BCA Research’s Chief Geopolitical Strategist. Matt will discuss whether China’s President Xi Jinping is…
Inherent to the Bitcoin DNA is a limit to its supply. Beyond the maximum number of 21 million BTC to mine, for every 210,000 blocks mined, the reward for miners is cut in half in an event called "The Halving". The…
Overweight We recently monetized over 50% relative gains in our overweight S&P software portfolio position by temporary going to neutral, but we are compelled to lift this heavyweight tech sub-index back to an overweight…
Highlights Social distancing makes it impossible to do jobs that require close personal interaction, yet these are the very job sectors that have kept jobs growth alive in recent decades. If social distancing persists, then AI will…
Highlights Portfolio Strategy Our conservative dividend growth assumptions especially for the next three years – largely mimicking the GFC experience – result in an SPX 3,000 fair value target. Relative performance…
In our latest Weekly Report we boosted the S&P data processing index to overweight from previously underweight. Data processing stocks are a services-based defensive tech index that typically thrive in deflationary and…
Highlights Recommended Allocation The outlook for markets over the next few months is highly uncertain. On the optimistic side, new COVID-19 cases are probably close to peaking (for now), and so equities could continue to…
Dear client, Next Monday instead of sending you a Weekly Report we will be hosting a live webcast at 10am EST, addressing the recent market moves and discussing the US equity market outlook. Kind Regards, Anastasios Highlights…