The Life and Health Insurance industry offers downside protection and portfolio diversification in the event of a market correction, surging inflation, or stubbornly high interest rates.
This week our three screeners explore: UK stocks that are cheap and offer a geopolitical hedge; French stocks that are sensitive to China; and US Value and dividend paying stocks.
Our Emerging Markets strategists highlight that systematic equity dilution has meaningfully eroded EM shareholder returns, explaining the long-term disconnect between profit growth and EPS. Over the past 18 years, EM companies have…
Investors should modestly underweight equities in their portfolios and look to turn more aggressively defensive once the whites of the recession’s eyes are visible. We think that will happen within the next few months.
Our US Equity strategists maintain a constructive outlook on equities, supported by easing policy and resilient earnings, but recommend reducing beta to guard against tail risks. Slowing growth and tariff pressures are expected to be…
It is not yet clear that the Iran war is deescalating, despite the best efforts of global financial markets to dismiss its significance. True, Iran’s missile attacks on US military bases in Qatar and Iraq appear ineffectual as we go to…
This week our three screeners explore: Equity trades across the Euro Zone focusing on Technicals and Sentiment; US Oil, Gas and Fuel stocks; and European Small Caps.
BCA’s EM strategists remain downbeat on EM equities despite a bearish US dollar view, citing profit headwinds and limited valuation support. The ongoing EM earnings recovery has been narrowly concentrated in TMT sectors across China…
Geopolitical risks and fragile margins reinforce a defensive allocation stance, as oil shocks and high US equity valuations pose growing downside risks. At this month’s Views Meeting, our strategists discussed the potential fallout…