China Stimulus
In this <i>Strategy Outlook</i>, we present the major investment themes and views we see playing out for the rest of the year and beyond.
Executive Summary Accelerating wages will make core consumer inflation sticky in the US. In addition, inflation is a lagging variable and is still well above the Fed’s target. These dynamics imply that the Fed will not make a dovish pivot imminently.…
Executive Summary At our monthly view meeting on Monday, BCA strategists voted to change the House View to a neutral asset allocation stance on equities, with a slight plurality favoring an outright underweight. The view of the Global…
Listen to a short summary of this report. Executive Summary Chinese Stocks Are Relatively Cheap
Chinese Stocks Are Relatively Cheap…
Executive Summary What Will Be The Implications Of China’s Common Prosperity Policies?
What Will Be The Implications Of China's Common Prosperity Policies…
Listen to a short summary of this report. Executive Summary The US Inflation Surprise Index Has Rolled Over
Goldilocks: A Skeptical Q&A…
Executive Summary The Fed will continue to hike rates at a time when global trade is contracting. Earlier this week, Fed Chairman Jerome Powell reiterated that the Fed will not hesitate to hike rates until core consumer price inflation gets closer to 2…
Executive Summary The US Still Dominates Economic Output
The US Still Dominates Economic Output…
Listen to a short summary of this report. Executive Summary Small Caps Are Looking Attractive Relative To Their Large Cap Peers
Small Caps Are Looking Attractive Relative…
Executive Summary The structural downtrend in Chinese bond yields has a lot further to go, because it is helping to let the air out gently of stratospheric valuations in the real estate sector, and thereby preventing a hard landing for the Chinese economy…