BCA Research in the news

Financial Times

Surfing the endless summer for risk sentiment

June 03 2020

But accentuating the positive remains the market story at the moment. Here, BCA Research highlights the pacesetters among economies that are reopening, Germany and Australia. One measure of live data, the number of reservations in restaurants, is shown below. BCA says: “This suggests that even if the behaviour of households will not return to normal, there is significant scope for improvement from current levels.”

Market Watch

Restaurant bookings have fully recovered in Germany in a sign that activity rebounds quickly as lockdowns ease

June 03 2020

Analysts at BCA Research compiled this chart, showing German bookings have actually fully recovered.

CNBC

Some investors are making bets on an election sell-off, fearing a Democratic sweep

June 02 2020

Analysts at BCA Research said the stock market is underestimating how negative a Biden victory would be for investing. “If the Democrats gain control of the Senate alongside a Biden victory, as our Geopolitical Strategy Service projects, financial markets may have to begin discounting a future materially less friendly regulatory and tax policy,” the analysts note.

AusBiz

Look Out For a Correction During the Summer

June 02 2020

BCA Research’s Mathieu Savary gives us the breakdown ‘phase one’ of the trade deal, and gives us his take on market correction as stimulus dies down.

Asia Times

World reacts to China's growing sphere of influence

May 29 2020

“China is taking advantage of global chaos to solidify its sphere of influence – beginning with Hong Kong,” said Matt Gertken, Geopolitical Strategist at macro research firm BCA Research.

Financial Times

Recovery prospects outweigh the negatives

May 28 2020

Dhaval Joshi at BCA Research highlights the importance of low government bond yields in determining the performance of equity sectors. Low yields resonate for companies that have strong growth prospects as the value of their future cash flows rise. In contrast, low yields do not help offset a Covid-19 slump in sales for sectors that rely on a fully functioning economy.