The Biggest Macro Call Of 2026-27: Save The Bond Market, Or Save The Stock Market?

05 Feb 2026

by Dhaval Joshi, Chief Strategist

The US and Japan are in the same predicament: save the bond market or save the stock market? How this predicament will be resolved is the biggest global macro call of 2026-27. Plus: a new tactical trade is to go short AUD/JPY.

Interested in reading this report?

To access the full BCA Research report, request a complimentary copy

BCA Research | Counterpoint

A global macro strategy which uniquely synthesizes macroeconomics with psychology, behavioural finance, non-linear systems, complexity, and fractal analysis.