Macro Investment Insights & Market Commentary

Upcoming Webcast

Will US Treasurys Hedge You in the Next Recession?

Please join BCA Chief Strategists Juan Correa and Ryan Swift, for a Webcast: Will US Treasurys Hedge You in the Next Recession?

Thursday, October 29
10:30 EDT | 2:30 GMT | 3:30 CET

With US debt exceeding 120% of GDP and interest costs among the highest in the developed world, can investors still rely on Treasurys to hedge the next bear market?

In this webcast, we will answer this question and others such as:

Who controls the long end of the curve in a downturn: the central bank or the bond vigilantes?
What role do the dollar and inflation play?
What can the central bank do if the Fed cuts rates and the long end does not fall?

Register

Report

China Housing: Searching For The Bottom

After a sharp five-year correction, China's top-tier housing markets will likely bottom out late next year. The rest of the country, however, will keep struggling with oversupply....

China Real Estate

4 hours ago

Report

Indonesia: A Value Trap

Given that the economy’s productive capacity is limited, government stimulus will lift nominal growth but do little to increase real output growth. The upshot will be rising inflation and wider twin deficits. This is bearish for the currency, bonds, and stocks....

Indonesia Fiscal Policy

5 hours ago

Report

Refined Product Prices Will Follow Crude’s Lead

Crude has led the latest rally, leaving refined product prices behind and crack spreads narrower. We explain why the spread compression is unlikely to continue and why product prices will follow crude....

Oil Iran

27 Oct 2026

Report

NBA To TPA: Three Principles To Run The Team

The Total Portfolio Approach stumbles really on one thing: the team. Everyone says it, but nobody has prescribed the fix. We provide three logistical principles that close the gap. And they work for SAA investors too....

Private Markets Asset Allocation

26 Oct 2026

Report

The Brazilian Roulette: Fasten Your Seat Belts

Brazil’s elections have turned into a game of roulette for investors. Bulls and bears were each wrong-footed between the first and second rounds of elections. We are downgrading Brazilian equities, local bonds, and sovereign credit to underweight within their respective EM portfolios....

Brazil Elections

26 Oct 2026

Report

Everything You Ever Wanted To Know About AI, But Were Afraid To Ask

Since ChatGPT’s launch in late 2022, multiple waves of AI innovation have driven markets and dominated the conversation across the investment community. Drawing on an extensive set of questions from BCA clients and strategists, our new report tackles the uncertainties that remain: What beyond custom...

AI Technological Advances

23 Oct 2026

Report

Quality Tech Basket, Europe’s Winners, And Selective US Cyclicals

In this screener report, we explore opportunities in high-quality Tech, European integration winners, and selective US cyclicals in Industrials and Materials....

Technology Capex

22 Oct 2026

Report

Canada: Short-Term Pain, Long-Term Gain

Markets expect the BoC to hike by 100 bps over the next year; we do not. Housing and labor weakness argue for owning Canadian bonds now, while Carney’s reforms and a resource capex wave make the CAD and resource stocks multi-year winners....

Canada Bonds

22 Oct 2026

Report

Buy Europe

Europe has 99 problems, but the paucity of bearish views about the Old Continent is not one of them! And yet, somewhat shockingly, European assets have outperformed US assets over the past two years. Sure, markets make mistakes. But the macro graveyards are littered with investors who thought they w...

Europe Geopolitics

20 Oct 2026