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  BCA Research’s China Investment Strategy service concludes that a bleak housing market and construction activity will remain a major drag on the Chinese economy in the near term. Chinese property market indicators saw a…
  CNY weakness versus the USD accelerated over the past week. USD/CNY broke above its May peak of 6.8 on Friday and continued to march higher on Monday. Does the yuan face further downside? In Monday’s BCA Live &…
Special Report Listen to a short summary of this report.     Executive Summary Back From The Future: An Investor’s Almanac  Stocks will rally over the next six months as recession risks abate but then begin to swoon as…
Executive Summary Russia’s Crude Oil Output Will Fall  Russia will have to lower oil production to ensure output it hasn’t placed with non-EU buyers does not tax its limited storage facilities, ahead of the bloc’s…
  Chinese data releases on Monday reflected a broad-based deceleration in the country’s economy. Key indicators of domestic activity in July such as industrial production, fixed assets investment, retail sales, and property…
Special Report Executive Summary With the fourth Taiwan Strait crisis materializing, the odds of a major war between the world’s great powers have gone up. Our decision trees suggest the odds are around 20%, or double where they stood from…
Special Report Executive Summary Iron Ore & Steel Prices: Facing Downward Pressure  Global iron ore and steel supply is likely to grow faster than demand over the next six months. As a result, the prices of both metals will likely fall…
Listen to a short summary of this report.     Executive Summary The Euro And The Chinese Credit Impulse   The US dollar has bounced off its 50-day moving average. In the recent past, that had led to a period…
Executive Summary China Copper Consumption Failed To Revive Post-Pandemic  A greater-than-expected contraction in manufacturing and construction in China – evidenced by the latest PMI and home sales data – will…
Special Report Executive Summary Non-Commodity Enterprises: No Profit Expansion For 12 Years  The past decade has seen a deterioration in the financial performance metrics of industrial Chinese companies. Declining efficiency of…