Insights Gain insight into our independent global macro research through these complimentary reports Still Too Early to Chase Risk A falling dollar usually eases financial conditions, but recent dollar weakness is unlikely to reverse negative gr... The Stock-Bond Correlation Finds Its Footing Amid Fiscal Risks The stock-bond yield correlation is stabilizing after months of jitters, setting the stage for renewed Treasury demand a... Tariff Distortions Mask Underlying US Growth Weakness The Q1 US GDP contraction and inflation dynamics reinforce our defensive asset allocation. GDP missed estimates and cont... Will US Hard Data Soften? Soft data continues to deteriorate and hard data will soon follow, reinforcing our defensive asset allocation. Consumer ... USTR Report Points to China and Europe as Next Trade Targets April 2 may mark peak trade tensions, but the path forward remains highly uncertain, supporting our underweight on risk ... Long Europe/Short US: Too Far, Too Fast Our tactical framework highlights how financial conditions and economic surprises interact, where growth often sows the ... A Post-Election US Equities Cheat Sheet Our US Equity strategists prepared a Post-Election US Equity Cheat Sheet. Here are highlights of their recommended posit... Elevated Equity Multiples Point To Low Long-Term Returns Elevated US equities valuations and their impact on returns are a hot topic right now. Valuations are not a tactical or ... Recession Remains Our Base Case One key takeaway from Wednesday’s post-FOMC press conference is the Fed’s unshaken conviction that it can avoid a recess... What Could Durably Reverse US Equities’ Relative Outperformance? According to our Bank Credit Analyst service, an inflection point in the relative performance of US stocks is not likely... CEOs More Cautious, But Still See No Recession The Conference Board measure of CEO Confidence declined in Q3, from 54 to 52, its lowest level so far this year. Still, ... An Iced Beveridge? BCA Research’s Global Investment Strategy service remained tactically bullish on stocks for most of 2023, but shifted to... What To Do About Small Caps The S&P 600 and Russell 2000 have outperformed the S&P 500 by close to 10% since July 9. Small caps typically ou...
Still Too Early to Chase Risk A falling dollar usually eases financial conditions, but recent dollar weakness is unlikely to reverse negative gr...
The Stock-Bond Correlation Finds Its Footing Amid Fiscal Risks The stock-bond yield correlation is stabilizing after months of jitters, setting the stage for renewed Treasury demand a...
Tariff Distortions Mask Underlying US Growth Weakness The Q1 US GDP contraction and inflation dynamics reinforce our defensive asset allocation. GDP missed estimates and cont...
Will US Hard Data Soften? Soft data continues to deteriorate and hard data will soon follow, reinforcing our defensive asset allocation. Consumer ...
USTR Report Points to China and Europe as Next Trade Targets April 2 may mark peak trade tensions, but the path forward remains highly uncertain, supporting our underweight on risk ...
Long Europe/Short US: Too Far, Too Fast Our tactical framework highlights how financial conditions and economic surprises interact, where growth often sows the ...
A Post-Election US Equities Cheat Sheet Our US Equity strategists prepared a Post-Election US Equity Cheat Sheet. Here are highlights of their recommended posit...
Elevated Equity Multiples Point To Low Long-Term Returns Elevated US equities valuations and their impact on returns are a hot topic right now. Valuations are not a tactical or ...
Recession Remains Our Base Case One key takeaway from Wednesday’s post-FOMC press conference is the Fed’s unshaken conviction that it can avoid a recess...
What Could Durably Reverse US Equities’ Relative Outperformance? According to our Bank Credit Analyst service, an inflection point in the relative performance of US stocks is not likely...
CEOs More Cautious, But Still See No Recession The Conference Board measure of CEO Confidence declined in Q3, from 54 to 52, its lowest level so far this year. Still, ...
An Iced Beveridge? BCA Research’s Global Investment Strategy service remained tactically bullish on stocks for most of 2023, but shifted to...
What To Do About Small Caps The S&P 600 and Russell 2000 have outperformed the S&P 500 by close to 10% since July 9. Small caps typically ou...
