Insights Gain insight into our independent global macro research through these complimentary reports All China & Emerging Markets Commodities Economy Geopolitics Monetary Policy Private Markets Apply Commodities Heed The Signal From Commodities As an industrial metal, copper acts as a barometer of economic activity. Silver and gold are safe-haven assets with infl... Is Gold A Good Place To Hide? Despite the recent market rout, gold’s performance has maintained its leadership position. Global equities are up 7.5% i... Commodities As A Late-Cycle Investment According to BCA Research’s Commodity & Energy Strategy service, commodity prices typically rally toward the end of ... Monetary Policy What’s Next For The Dollar? The US dollar steamrolled its peers since early October. After breaking out above its 200-day moving average, it is now ... Global Manufacturing PMI: Sluggish Growth Points To Lower Returns The October global manufacturing PMI printed at 49.4, up from 48.7 in September but still in contractionary territory. W... US Labor Market: Cooling But Not Weak Yet Job openings missed expectations at 7.44 million in September, a mild slowdown from August. The details of the JOLTS rep... Private Markets Transitions To Serious Delinquencies Will Cap Credit Card Loan Growth Consumer credit growth disappointed in June. Total credit outstanding rose by USD 8.9 billion, in June, lower than May's... Early-Stage VC: Aerospace & Space Technology According to BCA Research’s Private Markets & Alternatives service, Artificial Intelligence is old news. Given such,... Will Private Investment Save Growth? BCA Research has been writing extensively on how consumption fueled by excess savings has been propping up the US econom... China & Emerging Markets China PMIs: A Rebound From Low Levels China’s Caixin Manufacturing PMI rebounded one point in October to 50.3. This was in line with the NBS PMIs from earlier... China Needs Fiscal, Not Monetary Easing The PBoC lowered the 14-day reverse repo rate by 10 bps on Monday, a move that follows a string of easing measures in la... Eurozone CPI At 3-Year Low Paves Way For September Cut After surprising to the upside in July on higher energy costs, Eurozone CPI resumed its deceleration in August. Headline... Geopolitics A Trump 2.0 Playbook Although foreseen by our US & Geopolitical strategists, a “Red Sweep” now makes the macro environment more volatile.... Seven Geopolitical October Surprises According to BCA Research’s Geopolitical Strategy service, seven surprises with non-negligible odds could tip the scale ... If Trump Wins Sunny States, But Dems Hold Pennsylvania According to BCA Research’s US Political Strategy service, there is a strange quirk about Walz and the state of Nebraska... Economy A Post-Election US Equities Cheat Sheet Our US Equity strategists prepared a Post-Election US Equity Cheat Sheet. Here are highlights of their recommended posit... Elevated Equity Multiples Point To Low Long-Term Returns Elevated US equities valuations and their impact on returns are a hot topic right now. Valuations are not a tactical or ... Recession Remains Our Base Case One key takeaway from Wednesday’s post-FOMC press conference is the Fed’s unshaken conviction that it can avoid a recess...
Heed The Signal From Commodities As an industrial metal, copper acts as a barometer of economic activity. Silver and gold are safe-haven assets with infl...
Is Gold A Good Place To Hide? Despite the recent market rout, gold’s performance has maintained its leadership position. Global equities are up 7.5% i...
Commodities As A Late-Cycle Investment According to BCA Research’s Commodity & Energy Strategy service, commodity prices typically rally toward the end of ...
What’s Next For The Dollar? The US dollar steamrolled its peers since early October. After breaking out above its 200-day moving average, it is now ...
Global Manufacturing PMI: Sluggish Growth Points To Lower Returns The October global manufacturing PMI printed at 49.4, up from 48.7 in September but still in contractionary territory. W...
US Labor Market: Cooling But Not Weak Yet Job openings missed expectations at 7.44 million in September, a mild slowdown from August. The details of the JOLTS rep...
Transitions To Serious Delinquencies Will Cap Credit Card Loan Growth Consumer credit growth disappointed in June. Total credit outstanding rose by USD 8.9 billion, in June, lower than May's...
Early-Stage VC: Aerospace & Space Technology According to BCA Research’s Private Markets & Alternatives service, Artificial Intelligence is old news. Given such,...
Will Private Investment Save Growth? BCA Research has been writing extensively on how consumption fueled by excess savings has been propping up the US econom...
China PMIs: A Rebound From Low Levels China’s Caixin Manufacturing PMI rebounded one point in October to 50.3. This was in line with the NBS PMIs from earlier...
China Needs Fiscal, Not Monetary Easing The PBoC lowered the 14-day reverse repo rate by 10 bps on Monday, a move that follows a string of easing measures in la...
Eurozone CPI At 3-Year Low Paves Way For September Cut After surprising to the upside in July on higher energy costs, Eurozone CPI resumed its deceleration in August. Headline...
A Trump 2.0 Playbook Although foreseen by our US & Geopolitical strategists, a “Red Sweep” now makes the macro environment more volatile....
Seven Geopolitical October Surprises According to BCA Research’s Geopolitical Strategy service, seven surprises with non-negligible odds could tip the scale ...
If Trump Wins Sunny States, But Dems Hold Pennsylvania According to BCA Research’s US Political Strategy service, there is a strange quirk about Walz and the state of Nebraska...
A Post-Election US Equities Cheat Sheet Our US Equity strategists prepared a Post-Election US Equity Cheat Sheet. Here are highlights of their recommended posit...
Elevated Equity Multiples Point To Low Long-Term Returns Elevated US equities valuations and their impact on returns are a hot topic right now. Valuations are not a tactical or ...
Recession Remains Our Base Case One key takeaway from Wednesday’s post-FOMC press conference is the Fed’s unshaken conviction that it can avoid a recess...
