Highlights In the short run, extreme policy uncertainty is problematic for risk assets. In the long run, gargantuan fiscal and monetary stimulus continues to support cyclical trades. Equity volatility always increases in the…
Brazilian share prices and the currency have benefited from the global risk-on environment and rising commodities prices. However, the domestic backdrop remains extremely challenging as BCA Research’s Emerging Markets…
BCA Research's Emerging Markets Strategy and China Investment Strategy services published a joint Special Report illustrating that China has become a major global innovation center. The country overtook the US as the new…
Please note that yesterday we published Special Report titled Do Not Overlook China’s Innovation Drive. Please click on it to access it. Today, we publish analysis on Brazil and Ukraine. Chart I-1Brazilian Share Prices…
Highlights The cyclical rally in stocks is not over, but the S&P 500 will churn between 2800 and 3200 this summer. Supportive policy, robust household balance sheets and budding economic growth have put a floor under global…
BCA Research's Geopolitical Strategy service maintains a bullish long-run outlook on India and views a selloff as an opportunity to buy Indian assets. The Indo-Chinese conflict on the Himalayan border is unlikely to have a…
A measure of inflows into China, FX Net Settlements for CNY Clients, has risen to CNY142.9 billion in May, the highest level since March 2014. This increase indicates that Chinese domestic investors are repatriating funds at home…