Sorry, you need to enable JavaScript to visit this website.
Skip to main content
Skip to main content

Economy

US Equities: Macro Sector Scorecard
BCA Research’s US Equity Strategy service created a sector selection scorecard based on performance of sectors under various macroeconomic regimes. The current macroeconomic backdrop is characterized by the following regimes: Impending rate…
Daily Insights
Indian Stocks Are Richly Valued
Indian economic data releases delivered a positive signal on Monday. CPI inflation slowed from 5.7% y/y to 5.1% y/y in January – within the Reserve Bank of India’s (RBI) 2-6% target range. Meanwhile, industrial production growth accelerated from 2.4% y/y to…
Daily Insights
A Durable Improvement In CEO Confidence?
Results of the US Conference Board’s latest quarterly survey show an improvement in sentiment among business leaders. The CEO Confidence measure rose above 50 for the first time in two years – indicating that optimists now outnumber pessimists. CEOs are more…
Daily Insights
What Will Disrupt The Party?
Expectations that the Fed will successfully deliver a soft landing for the US economy remains the dominant narrative. Since August, economists have been revising up their 2024 US GDP forecasts with the consensus now anticipating US growth to clock in at 1.6%…
Daily Insights
Korean Tech Stocks Have Further Upside
According to BCA Research’s Emerging Markets Strategy service, barring a pullback in global share prices, Korean tech stock prices will likely have more upside this year. The memory chip market will improve in 2024, characterized by a further rebound in…
Daily Insights
f_image_20240212_140342.PNG
Sector Positioning Scorecard

We created a sector selection scorecard based on performance of sectors under various macroeconomic regimes while taking into consideration revisions to expected earnings growth and valuations in a historical context. Our total sector selection scorecard suggests overweighting defensives such as Utilities, and Consumer Staples, and underweighting cyclicals such as Consumer Discretionary, Industrials, and Financials. Considering this analysis, we have adjusted our sector positioning accordingly.

US Equity Strategy by Irene Tunkel
f_image_20240209_131526.PNG
China Geopolitical Outlook 2024
Special Report

China will continue to suffer from a “triple crisis”. Though there could be a tactical bounce, cyclically we still recommend underweighting Chinese equities.

Geopolitical Strategy by Yushu Ma, Matt Gertken
F_IMAGE_20240209_154316.PNG
Germany’s Travails Continue
Special Report

The German economy has lagged that of Europe. This trend will continue, but does it mean German equities will underperform further?

European Investment Strategy by Mathieu Savary
Seasonal Factors Boost Chinese Credit Growth In January
China’s credit data update for January delivered a mixed signal on Friday. The CNY 6.50 trillion increase in aggregate financing beat expectations of CNY 5.60 trillion and marked a significant acceleration from CNY 1.94 trillion in December. Similarly, the…
Daily Insights
Can The US Dollar Rally When The Fed Cuts Rates?
Our Emerging Markets team believes that the risk-reward profile of the US dollar remains very attractive. First, if US growth stays robust, US interest rate expectations will rise because rate cuts priced in will not be realized. Rising interest rates will…
Daily Insights

Related Topics

AI BCA Indicators/Model BDCs Bubbles/Crises/Manias Commodities Commodities & Energy Sector Country In-Focus Currencies Defaults Deleveraging See more Topics