According to BCA Research’s Global Fixed Income Strategy service, while equity markets can drive US dollar crosses from time to time, bond market inflows matter a lot more. Part of the US exceptionalism story can be…
The first US presidential debate was held on Thursday. Betting markets were very quick to crown former president Trump the winner. Meanwhile, Biden’s chances to win fell off a cliff. The likelihood that he will not be the…
The bond market should sell off and drag stocks down on higher odds of a single-party sweep, policy uncertainty, unorthodox Trump presidency, aggressive tariffs, large tax cuts, large budget deficits, labor shortages, a fired Fed…
BCA Research’s Emerging Markets Strategy team posits that the BJP's loss of majority in India’s parliament could be a blessing in disguise for India. The new BJP-led coalition with the National Democratic…
Eurozone equities sold off 7% from their June 6 highs, according to MSCI indices. The surprise French legislative elections and renewed fears of populism and European Union exits are spooking investors. Yet, our European…
According to BCA Research’s Geopolitical Strategy service, the South African election presents a window of opportunity for productivity-boosting structural reforms, such as privatization, to coincide with monetary and…
According to BCA Research’s Geopolitical Strategy service, the European parliamentary election was not an earthquake. It saw an improvement in right-leaning political groups and a deterioration in both centrist and left-…
According to BCA Research’s Geopolitical Strategy service, Modi’s loss of a majority government reduces the odds for more reforms, but does not change the structural outlook. Modi comes out of the election with…