Executive Summary China: Can The Economy Recover Without Housing Revival  The rebound in China’s business activity in June reflects the release of pent-up demand from the economic reopening after lockdowns in April and…

Executive Summary Financial markets have buckled under the weight of 40-year highs in inflation that have forced the Fed and other major central banks to promise no quarter in their fight against inflation, spooking investors with…

In this Strategy Outlook, we present the major investment themes and views we see playing out for the rest of the year and beyond.

Special Report

Executive Summary High food and fertilizer prices are at risk of morphing into a full-blown food crisis in several developing countries. Some countries were plagued by severe food insecurity even before the Ukraine war broke out.…

    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…

Listen to a short summary of this report.       Executive Summary Chinese Stocks Are Relatively Cheap  The Chinese economy faces a trifecta of economic woes: 1) The threat of renewed Covid lockdowns; 2)…

Executive Summary What Will Be The Implications Of China’s Common Prosperity Policies?  On the one hand, Chinese stocks are oversold, equity valuations are attractive and investor sentiment is downbeat. This means that a lot…

Highlights The economic and financial market developments that have occurred over the past month are consistent with several of the risks that we identified in our recent reports. We warned in our April report that the outlook for…

Listen to a short summary of this report.         Executive Summary The US Inflation Surprise Index Has Rolled Over  Global equities are nearing a bottom and will rally over the coming months as…