Our Portfolio Allocation Summary for August 2023.
According to BCA Research’s Global Investment Strategy service, EM ex-China equities have potential to outperform China and DM in the remainder of the year. Relative to their own history and compared to other EMs,…
China’s extremely high savings rate is the real culprit behind its current economic woes. The authorities have been slow to stimulate the economy, and the risks of “Japanification” have increased. For now, the fact that China is…
According to BCA Research’s Emerging Markets Strategy service, while EM ex-China markets are set to continue outperforming Chinese investable/offshore equities, they are unlikely to deliver superior absolute returns.…
Caterpillar’s Q2 earnings results released on Tuesday beat consensus estimates by a wide margin. Second quarter profit of $2.92 billion ($5.67 per share) came in well above expectations of $2.38 billion ($4.46 per share).…
According to BCA Research’s China Investment Strategy service, Beijing’s investment focus is shifting from traditional infrastructure to new economy infrastructure, which includes clean energy and high-tech sectors…
The performance of global financial markets continued to improve in July, with most of the major financial assets we track generating positive abnormal returns for the second consecutive month. Asian markets led this dynamic…