Highlights The decade-long US equity market outperformance versus the rest of the world could be nearing its end. We are upgrading EM stocks from underweight to neutral within a global equity portfolio. We reiterate the change in our…
Highlights The tech sector is in a manic phase. This mania has further room to run because inflation will remain low for at least the next two years and global central banks will maintain very easy policy conditions, which will cap…
BCA Research's China Investment Strategy & Emerging Markets Strategy services recommend going long Chinese insurance stocks in absolute terms. They also recommend accumulating and overweighting Chinese healthcare stocks…
In June, China’s industrial profits growth continued to recover, rising from a 6% annual pace to an 11.5% one. For the past four and a half years, strengthening Chinese industrial profits growth aligns with an…
BCA Research's Emerging Markets Strategy service recommends buying Pakistani equities in absolute terms and overweighting this bourse within the emerging markets space. Pakistani stock prices in US dollar terms are…
Highlights The EU’s €750 billion fiscal package, along with another round of US stimulus likely exceeding $1 trillion, will support global oil demand. On the supply side, OPEC 2.0’s production discipline likely holds,…
Last Friday, my colleague Dhaval Joshi and I held a webcast discussing investment strategies. The topics of discussion included global equity valuations, mega-cap stocks leadership and the outlook for EM stocks, fixed-income and…