US Equity Strategy

Special Report

Top 10 Reasons To Start Nibbling On Cyclicals At The Expense Of Defensives

03 Aug 2020

BCA Research | US Equity Strategy

US Equity Strategy and Equity Analyzer.

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Contents

Executive Summary / Insight
Cyclicals And Defensives Definition
Tech Is Still Cyclical
Current Positioning
Timing Is Key
1.) Dollar The Reflator
2.) Global Growth Recovery
3.) US Capex To The Rescue
4.) Chinese Capex On The Upswing (Fiscal Easing)
5.) Chinese Monetary Easing
6.) Firming Financial Market Data (Chinese And EM Equity Market Outperformance)
7.) Transition From Deflation To Inflation
8.) Profit Expectations Have Turned The Corner
9.) Alluring Valuations
10.) Enticing Technicals
But Monitor Three Key Risks

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Topics covered

Asset Allocation Asia Valuations Corporate Profits Capex Cyclicals vs Defensives Corporate Economy Financial Markets Inflation/Deflation Technical China Developed Countries United States Emerging Markets Currencies Equities Global