BCA Research in the news

Bloomberg

Ponzi-Stage Stocks Are Stable. Just Don't Cough

January 08 2021

Just how can the bond market rein in the stock market, though? BCA Research Inc.’s strategist Dhaval Joshi offers the following model, based on the spread between the forward earnings yield (inverse of the P/E) of global technology stocks and the 10-year Treasury yield.

Reuters

Bitcoin bulls, beware of fractal dimension!

January 05 2021

"What it tries to measure is when the investment horizon of short-term traders and long-term traders pretty much coincide - when they start to have exactly the same views," says Matheiu Savary, global macro strategist at BCA Research.

CNBC

South Korean stocks had their best year in more than a decade in 2020

January 03 2021

Arthur Budaghyan, chief emerging market strategist at BCA Research, said the South Korean stock market got a boost from its diverse composition of tech and industrial companies.

Financial Times

UK economists’ survey: recovery will be slower than in peer countries

January 03 2021

Dhaval Joshi, chief European strategist at BCA Research: Absent further shocks, the UK economy can expect to regain its pre-pandemic size in the second half of 2021.

CNBC

We don’t think Chinese stocks will do well in 2021

December 23 2020

Chinese stocks will underperform in 2021 as 3 major factors supporting the market will be absent next year, says Jing Sima of BCA Research.

South China Morning Post

Legally ambiguous ‘VIE’ structure means foreign investors don’t technically own overseas-listed Chinese stocks

December 21 2020

The Biden administration is likely to confront China on bilateral investment issues including the VIE structures at some point, even though the market is now hopeful that the new president will bring some initial reprieve to souring US-China relations when he takes office, according to Matt Gertken, geopolitical strategist at BCA Research.