Insights

Please join BCA Chief Strategists, Mathieu Savary, Roukaya Ibrahim, and Noah Weisberger for an insightful look at the latest developments in the Strait of Hormuz and the implications for global financial markets.

Friday, May 8, 2026
10:30 AM EDT | 3:30 PM BST | 4:30 PM CEST

Topics to be discussed:

• The Strait of Hormuz remains closed, and energy markets are tightening again. Is the shock being underpriced?
• What would a sustained disruption mean for the global growth–inflation trade-off? Is stagflation risk creeping back?
• Within commodities, where is the real asymmetry now? What’s crowded, and what still offers upside?
• Can strategic reserve releases truly cap the rally, or do they just delay the adjustment?
• Equities have remained resilient. Are markets looking through the shock, or misreading it?
• Where is the tipping point: how much further can oil rise before equities reprice meaningfully?
• If crude continues higher, which sectors and factors offer the most convex exposure, not just beta?
• If flows normalize and oil rolls over, where does leadership rotate, and how quickly?

If viewing in the BCA App, the live webcast can be viewed here.

US Equity Strategy Webcast Series: Noah Holds Barred - Episode 2

Hosted By: Noah Weisberger, Chief US Equity Strategist

Moderated By: Jason Glazer, SVP, Sales

Wednesday, May 6
10:30 AM EDT | 3:30 PM BST | 4:30 PM CEST

Noah and Jason will discuss:

• What earnings, revisions and expectations are telling us now
• The latest read on Tech revenues, capex, and demand for AI
• Why we are long Software
• The outlook for margins: Macro headwinds vs. AI
• Key feedback and pushback from 32 client meetings & 34 Lunch and Dinner attendees:
  • The impact of AI IPOs, consumer spending trends, Utilities underweight

Macro headlines may have shifted attention away from Private Markets, but the underlying risks remain. We revisit the Private Credit-Software cracks we flagged early and explain why, despite the noise, the structural story is just getting started.

• How did we get here?
• Is Software making or breaking Private Credit's diversification case?
• Systemic risk or a normal credit cycle?
• How are our 2024 calls on Distressed versus Buyouts playing out?
• Where are the most overlooked opportunities across Private (and Public) Markets right now? 

US Equity Strategy Webcast Series: Noah Holds Barred - Episode 1

Noah and Jason discussed:

• The foundations of our constructive outlook and 7700 year-end S&P 500 target
• The capex outlook and its implications
• Do valuations represent a meaningful constraint?
• Tensions and opportunities between market pricing and the state of the cycle
• What a US recession could mean for equities
• Middle East tensions: potential paths to resolution and market implications
• Sector positioning for 2026